Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
SND.OQ - Smart Sand Inc
Q3 2024 Smart Sand Inc Earnings Call
Nov 13, 2024 / 03:00PM GMT
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Presentation
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$0.7 million and positive free cash flow of $3.7 million. Our sales volume this year have increased 9% over 2023. While our cost of goods sold has decreased by $6.7 million or 3.4%. For the same period, our capital expenditures are down $11 million a year-to-date through September having spent $5 million 5.1 million dollars through September 2024. In comparison to 16.1 million for the same period in 2023 we expect total capital expenditures for 2024 to be at or under $10 million compared to $23 million in 2023.
We continue to believe in long term fundamentals of the oil and gas business and although volumes decrease modestly quarter over quarter, demand remains strong for the fourth quarter. As for 2025 we are particularly excited about
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