Preferred Sands
Minerals & Mining · Pennsylvania, United States · 501-1,000 Employees
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Overview
Headquarters
104 S Wayne Ave Unit 8308, Wayne, Pennsy...Phone Number
(855) 372-2435Website
www.preferredsands.comRevenue
$215.3 MillionIndustry
ZI Rank: 11
Signal Type
Dec
Jan
Feb
Mar
Apr
May
ZI Rank
10
7
11
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12
11
About Preferred Sands
Headquartered in Radnor, Pennsylvania, Preferred Sands LLC is a frac sand producer and technology company operating in silica sand and proppant technology.Explore more
Preferred Sands Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
$547.5M
501-1,000
Private
$191.3M
2011
MS
Mark SkolosTo The Special Counsel & CEO & Chief Compliance Officer
Company Profile Activity
Activity Insights
Preferred Sands is experiencing very low activity levels compared to other companies in the Minerals & Mining sector.
What does this means?
Preferred Sands is drawing exceptional interest within the Minerals & Mining industry, suggesting notable developments or strong market momentum, learn more about Preferred Sands.
Preferred Sands financials insights
Gather financial insights about Preferred Sands, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Debt
$2M
Preferred Sands Tech Stack
A closer look at the technologies used by Preferred Sands
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Most Recent Scoops
Left Company
Executive Move
Jason Palmer, Chief Financial Officer, has recently left the organization and now serves as Chief Financial Officer for United Refrigeration, Inc..
Executive Moves, Left Company
Facilities Relocation / Expansion
Preferred Sands is planning to move its offices in January 2023. The move will impact approximately 20 employees at their existing office located at 104 S Wayne Ave, Suite # 8308, Wayne, PA.
Funding
Preferred Sands has received an SBA PPP loan for $2 million from Zions Bank, supporting the retention of 32 jobs.
Left Company
Executive Move
Patrick Udovich, Senior VP, Human Resources, has left the organization.
Executive Moves, Personnel Moves, Left Company
Open Position
Seeking Replacement, Personnel Moves
Preferred Sands News & Media
Preferred Sands Announces Commercial Opening of In-Basin Sand Mine in Oklahoma
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Proppants, LLC (“Preferred Sands” or “Preferred” or the “Company”) announced today that it has commenced commercial operations at its Oakwood sand mine and facility, further expanding the Company’s national in-basin sand footprint and continuing its localization strategy aimed at reducing the cost of sand and associated logistics for customers in the region. True to its reputation as an innovative, forward-thinking industry leader, Preferred is one of thePreferred Sands Announces Sale of Bloomer, Wisconsin Sand Plant to Frontier Sand, LLC
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Proppants, LLC (“Preferred Sands” or “Preferred” or the “Company”) today announced certain subsidiaries of Preferred have sold its Bloomer, Wisconsin sand plant, access to frac sand reserves through lease agreements and royalty rights, as well as corresponding facilities and equipment (collectively, the “Bloomer” transaction) to Frontier Sand, LLC for cash and future consideration, subject to closing and post-closing adjustments. Commenting on the BloomerPreferred Sands Awarded Certificate of Inclusion into the Texas Conservation Plan
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Proppants, LLC (“Preferred Sands” or “Preferred” or the “Company”), one of North America’s leading manufacturers and providers of high-quality sand and innovative proppant technologies, today announced the Company was awarded a Certificate of Inclusion into the Texas Conservation Plan (“TCP”) for the Dunes Sagebrush Lizard (“DSL”). The Certificate of Inclusion was issued by the Texas Comptroller for Public Accounts for Preferred’s West Texas sand mines, wPreferred Sands Announces Sale of Blair Facility to Source Energy Services Ltd. of Canada
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Proppants, LLC (“Preferred Sands” or “Preferred” or the “Company”) today announced that it has entered into a definitive agreement for the sale of its Blair, Wisconsin facility and its Canadian assets (collectively, the “Blair” transaction) to Source Energy Services Ltd. (“Source”) (TSX: SHLE) for USD $80 million in cash, subject to closing and post-closing adjustments, and entering into a production payment agreement in respect of certain exploration rig
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Headquartered in Radnor, Pennsylvania, Preferred Sands LLC is a frac sand producer and technology company operating in silica sand and proppant technology.... Read More
