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
Holly LaFon

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)

Comments

Please leave your comment:


Performances of the stocks mentioned by


User Generated Screeners


sunnywhyGrowPSG
althekearoct 17 user defined screen
althekearPE >50th percentile of INDUSTR
althekearLow EV/EBITDA
althekearLynch inspiret Oct 17
althekearsg hk best
althekearaug2017amended
althekearDavis
althekearDividends Basic
althekearKISS Dividend Strategy
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)

GF Chat

{{numOfNotice}}
FEEDBACK