Emerge Energy Services Lags Behind Peers in Second Quarter

Just about everything that Emerge Energy Services (NYSE: EMES) has predicted concerning the frack-sand market has come true so far this year. Yet somehow, the company hasn't been able to turn those predictions into a profitable quarter. That's especially concerning when its competitors have already turned the corner earningswise.

Let's take a look at Emerge's most recent quarter, and try to figure out what was keeping the company's operations from turning a profit.

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