1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Baron Funds Comments on CARBO Ceramics Inc.

August 09, 2013 | About:

CARBO Ceramics, Inc. (NYSE:CRR) is the largest provider of ceramic proppants to the global oil and gas industry. Ceramic proppants are a key material in the hydraulic fracturing process, however, demand and pricing for these proppants has been hurt by a combination of reduced natural gas drilling and increased foreign competition. Competitive pressures appear to be easing and CARBO's volumes and cost pressures appear to be stabilizing, so we think volumes and margins should improve in the second half of the year. Nevertheless, reduced earnings expectations hurt the shares in the second quarter. (Jamie Stone)

From Baron Funds second quarter 2013 commentary.

Rating: 4.0/5 (1 vote)


Please leave your comment:

Select portfolio(s):

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership