Vista Proppants and Logistics marks $4.43 million July operating loss

By Caroline Salls

Pittsburgh, Aug. 21 – Vista Proppants and Logistics, LLC reported a $4.43 million operating loss for July on $993,479 in net revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Northern District of Texas.

In comparison, Vista posted a $4.71 million operating loss for June on $485,971 in net revenue.

The net loss for July was $9.63 million, widening from an $8.12 million June net loss.

The company listed $7.66 million in cash as of July 31, down from $8.4 million at the end of June.

Vista Proppants and Logistics is a Fort Worth-based pure-play, in-basin provider of frac sand solutions in prolific producing regions in Texas and Oklahoma. The company filed bankruptcy on June 9 under Chapter 11 case number 20-42002.

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