Smart Sand, Inc. - Common Stock (SND)
Competitors to Smart Sand, Inc. - Common Stock (SND)
Covia Holdings Corporation
Covia Holdings Corporation offers a wide range of mineral products, including proppants used in hydraulic fracturing, similar to Smart Sand's offerings. Covia competes through its extensive portfolio and strong customer relationships across various segments, leveraging their size to achieve economies of scale. While Smart Sand prioritizes niche product quality, Covia's broader market appeal and established industry presence allows it to secure a stronger foothold in competitive bids.
Hi-Crush Inc.
Hi-Crush Inc. provides proppant material for hydraulic fracturing like Smart Sand. The two companies compete on cost, scalability, and product performance in the challenging oil and gas market. Hi-Crush is recognized for its innovative logistical solutions and integrated supply chain that enhances its overall efficiency, which gives them a significant competitive advantage in terms of lower operating costs and higher throughput compared to Smart Sand.
Northern White Sand
Northern White Sand specializes in producing and supplying premium white sand used in hydraulic fracturing, mirroring Smart Sand's focus on the proppant market. Northern White Sand differentiates itself through logistical advantages and strategic location, which minimize transportation costs for its customers. While Smart Sand competes on product purity and service, Northern White Sand often has more established market relationships that supplies them with customer loyalty, giving it a competitive advantage in certain regions.
US Silica Holdings, Inc. SLCA +0.00
US Silica Holdings, Inc. operates in the same sector as Smart Sand, primarily providing industrial sand and fine aggregates to various industries, including oil and gas. Both companies mine and process sand for hydraulic fracturing operations, leading them to compete directly on product quality, cost efficiency, and logistics. US Silica has a larger scale and diverse product offerings, which gives it an edge in distribution and customer reach, though Smart Sand focuses on quality and customer service.
Vista Sand LLC
Vista Sand LLC also operates in the proppant market, providing similar products to those offered by Smart Sand. Their competition is heavily price-driven, as both companies strive to lower costs while improving product quality. However, Vista Sand capitalizes on its strategic positioning near key shale basins to reduce transportation time and costs, giving them a competitive advantage over Smart Sand's distribution capabilities.