Vista Proppants reports $4.4 million operating loss for September

By Sarah Lizee

Olympia, Wash., Oct. 21 – Vista Proppants and Logistics, LLC reported a $4.4 million operating loss for September on $3.2 million in net revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Northern District of Texas.

In comparison, Vista posted a $4.54 million operating loss for August on $2.6 million in net revenue.

The net loss for September was $11.72 million, compared to $11.94 million in August.

The company listed $7.62 million in cash as of Sept. 30, down from $7.66 million at the end of August.

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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