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SND Stock - Smart Sand, Inc.


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Smart Sand, Inc. operates as a comprehensive provider of frac sand and related services, catering to the hydraulic fracturing needs of the oil and gas industry in the United States. The company specializes in the excavation, processing, and sale of high-quality sand, known as proppant, which is essential for hydraulic fracturingâ€a technique used to extract oil and natural gas from underground formations. Smart Sand's offerings include both northern white sand and regional sands, which are utilized by exploration and production companies to enhance oil and gas extraction efficiency.

In addition to its core sand supply operations, Smart Sand provides an array of logistics services to ensure the timely and efficient delivery of proppant to well sites. The company's logistics solutions are designed to optimize the transportation and handling of sand, thereby reducing operational costs and improving overall supply chain efficiency. Smart Sand also offers SmartSystems, a proprietary wellsite proppant storage and management solution that enhances the storage, handling, and use of proppant at drilling sites, contributing to more streamlined and cost-effective operations.

Smart Sand's products and services are targeted at a diverse clientele that includes oil and natural gas exploration and production companies, oilfield service firms, and industrial manufacturers. The company's integrated approach combines sand supply with logistics and storage solutions to deliver a comprehensive service offering that meets the demands of its customers in the energy sector. With a focus on quality and efficiency, Smart Sand aims to support its clients' hydraulic fracturing operations and contribute to the success of their projects.

Founded in 2011 and headquartered in The Woodlands, Texas, Smart Sand has established itself as a key player in the frac sand industry. As of December 31, 2021, the company reported approximately 250 million tons of proven and probable recoverable sand reserves, underscoring its substantial resource base and capacity to meet ongoing market demand. Smart Sand continues to leverage its extensive reserves and operational expertise to drive growth and support the evolving needs of the oil and gas industry.

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