Smart Sand, Inc. $SND

What the company doesAI summary of filing

Smart Sand, Inc. is a fully integrated frac and industrial sand supply and services company that produces and sells Northern White sand as a proppant for hydraulic fracturing of oil and natural gas wells, as well as for industrial applications. The company operates three active mines in Wisconsin and Illinois with combined annual processing capacity of approximately 10.0 million tons, and generates revenue through short-term contracts, long-term take-or-pay contracts, and spot market sales to exploration and production companies, oilfield service companies, and industrial customers. Smart Sand is revenue-generating, operating a network of in-basin transloading terminals and offering proprietary wellsite proppant storage and management systems called SmartSystems. The company also serves industrial markets through its Industrial Products Solutions business, which it launched in late 2021 and represents approximately 5% of current business. [10-K 2026-02-26]

Segments: Sand Segment, SmartSystems Segment, Industrial Products Solutions (IPS)