This article was originally published by TheStreet on October 24, 2014
NEW YORK (TheStreet) -- Oil prices have tanked this month to multi-year lows, but if they bounce back, Emerge Energy Services (EMES) could be one of the master limited partnerships that would offer "the largest price appreciation," wrote Citigroup in an Oct. 15 research report led by Faisel Khan.
Emerge Energy runs two unrelated businesses: fracking sand production and fuel processing and distribution. The fracking sand is used as a proppant to keep hydraulic fracture open in shale oil and gas wells to ensure continuous flow of hydrocarbons. Besides Emerge Energy, this sand is also produced by U.S. Silica (SLCA) and Hi-Crush Partners (HCLP) .