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Stock impact report

Edited Transcript of CRR earnings conference call or presentation 11-Nov-19 4:30pm GMT [Yahoo! Finance News]

CARBO CERAMICS (CRR) 
Last carbo ceramics earnings: 11/8 05:00 pm Check Earnings Report
Edited Transcript of CRR earnings conference call or presentation 11-Nov-19 4:30pm GMT We are focusing energies on increasing our existing cash-generating business both domestically and internationally, while managing through this lower activity environment. Outside the U.S. onshore oil field market, where better reservoir rock exists, our oil and gas sales are faring well, as evidenced by an approximate 27% increase year-to-date in our international oil field revenues. Unfortunately, this increase internationally is not enough to offset the decreases we're seeing in U.S. onshore oil field sales. Given that significant challenges exist across the oil field industry, we plan to continue building a diversified company that's less dependent on the oil and gas industry, one that's based on our 4 key strengths: material science, manufacturing, technology solutions and the customer experience. We are aggressively taking steps to expand into product platforms that leverage these critical str Show less Read more
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