Smart Sand is a frac sand supply and services company. Co. is a producer of Northern White raw frac sand, which is a proppant used to improve hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Co. also provides proppant logistics solutions to its customers through its in-basin transloading terminal and SmartSystems wellsite storage capabilities. Co. markets its products and services primarily to oil and natural gas exploration and production companies and oilfield service companies, sell its sand under a combination of long-term take-or-pay contracts and spot sales in the open market, and provide wellsite proppant storage solutions services and equipment. The SND stock yearly return is shown above.
The yearly return on the SND stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SND annual return calculation with any dividends reinvested as applicable (on ex-dates).
|