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Holly LaFon
Holly LaFon
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Baron Funds Comments on CARBO Ceramics Inc.

December 10, 2013 | About:

CARBO Ceramics, Inc. (NYSE:CRR) is the largest provider of ceramic proppants to the global oil & gas industry. Ceramic proppants are a key material in the hydraulic fracturing process. CARBO's shares appear to have bottomed in July as its forward guidance following second quarter earnings indicated an upturn in volume trends and stabilization in pricing. The September launch of a key new product has positioned CARBO to regain its long-term competitive position and earnings power.

From Ron Baron's Baron Funds third quarter 2013 commentary.


Rating: 4.0/5 (1 vote)

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