Hi-Crush Inc (fka HCRSQ)

[benfrankledger]

$HCLP Hi-Crush Partners LP (HCLP) looks like it has formed a near-term bottom now that the annual Vienna OPEC oil meetings have concluded.

Now, it looks like bearish sentiment around the sector will shift to potential future pipeline bottlenecks in the back quarter of the year, which is something that oil and frac sand companies dealt with back in 2014 also.

As bearish uncertainties continue to balance out over time, Hi-Crush's distribution growth should continue to be enough to get a new round of investors on board for a projected great quarterly report at the end of July.

However, watch out for upcoming guidance on the potential pipeline bottleneck as it doesn't take much in the way of fear to send the stock rolling.