Sand to Smart for quarter report has pleased investors. financial Thanks that our another I'm posted performance Phil. of strong
full-service deliver customers. solutions well frac and our make proppant in an that substantial to executing of progress our for Just sand integrated vision as is to site important, mine continue long-term become logistic support to to we provider
and generated we adjusted the that’s volume a over in increase some terminal through quarter, Quickthree solutions, capacity quarterly of Van segment. capacity We capabilities increasing we results, X.X expansion the Our tons. XXX% completed logistics our are operational sales Here first mile expanded our million of to EBITDA, reported $XX.X became our last million tons, of our April highest highlights Hook annual XXX,XXX nameplate the quarter ever we acquisition into
expansion opportunities. spot Oakdale new continuing pursuing actively we’re market our sale to With now complete, at expand contracts the capacity we’re and
We continue from contracts over take-or-pay are long-term as customers both these June an and under These of nameplate a appetite of contracted for XXth, see just that to long-term capacity contracts years. weighted-average life and new XX% have our annual of is contracts. two existing
active customers Marcellus, service new discussions currently Permian, We’re multiple the basins. and the for Bakken with contract in in the operations
fully further have will our deliver downturn we during we most recent we into as specifically around increase the enforceable protection as pricing prove to opportunity As contracts, and as provide pricing margins our our with focus sands on the the increased exposure, positive our basins. and more the to downside logistics
first priority to the of is facility. utilization Our maximize our Oakdale
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volume growing incremental increase our assets into also turn logistics from wellhead logistics will mine to capabilities investments We to sales keep Oakdale.
well want marketplace, positioned current of I that take in couple trends Now, highlight the of. to seeing we're advantage trends a to are we
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with from well sand. are testing XXX regional had request recently their before. not Permian who requests results customers something current These mesh sand for conductivity we've satisfied For for never been example, coming we've that's our asked are producers using
us XX regional gives to months. that if discussion ramps contract in result even sand new we're renewed producers. White Permian this demand with of the Northern a sand quality, active This next continue having to there in supplier confidence of several XX increased to premium for up will be interest the levels As Permian expected
are sand integrated into to during customers can that continuing providers that took effectively and substantial mind, solution basin. well both of sand, cost operating solutions to site provide becoming goal the to our provider. toward Second, we in a seek efficiently quarter the proppant With steps deliver fully long-term mind
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loading of silo is available each particular that a capable well nomadic by preferred also for is technology if solution trucking Our trailer, individually or the location.
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Quickthree business model. changing We’re
sale transition a for model manufacturing from to through build-to-suit our going the time. service take We’re for customers systems and our This some a to own well fleet site. provide will
production budgeted capital storage development now are million for we for ramping our Currently, the in We fleet. the for just of of $XX $X to million XXXX. remainder up systems fleet
anticipate quarter available the completed in have X to fleet at market and least X fleets year-end. having to our we for expect first by We the in third
this very the about effectively excited We the line We’re market. product technology. Quickthree believe will in compete
mile We’re more and potential discussing opportunities solution. now currently in spend to direct an some as recent for time by the sales our our our I’d this customers several growth active last like to operating demonstrated exposure is initiatives. basis have Part future dialogue with acquisitions. plan of two
pursue three the investments areas, There to the locations continue in operating developing two benefits. in facilities operating transloads mine invest Why and we are transload basins? growth major outside in long-term in basins primarily should Oakdale. So, we of
contracted First, chance customers. new it’s to the attract
companies looking own be market directly source to needs will locally. terminals Our to to sand their able
chain. can terminal only the With we of terminal the the third, we an operations can down our farther sand in-basin price. sales. fast. can supply incremental deploy opportunity we for margin sand, our catch on of can have unanticipated scale sand our capacity, rail customer cost we at so manage forward can meet and We directly spot we'll our more and sell And in-basin Second, needs
the and more previously We’re directly to basins, the that currently looking add disclosed locations basins. terminal we at least in probably year. have developing transload or acquiring two Marcellus we at Permian this In in regard in opportunities unreleased the We’ll location Permian. mine sites the both developing one
initial site to these started For the shovel-ready. an process this permitting one of we design locations, make
for We contract the in new continue markets appetite to quickly to the if support location. warrant sand mine location, monitor in sufficient and to see we can move initial a regional develop We when this investment Permian. new the
Canadian direct rail in to the line access Canadian addition, into delivers National that have the that In our we directly major operating basins. location has Hixton
move investment can look these Canada We if be we low justify potential location, returns develop and all to contract initial to We investment. get initial sufficient evaluate our like on in can support afford can this costs the develop our new locations we we patient. Because are to opportunities to mine believe continue when our when locations, in quickly to and capture these we strong Permian investment. locations can we
it summary, made some great was one our and to in for value another quarter So, long-term it in was moves we create which shareholders. strong
mines is the the over year’s first site. Company's for look renewed industry. strong has slowed down environment to well the long-term bit now sand market increasing Smart to continued positive quarter at these of well-positioned to trends include see integrated in on turn for sand the exclusions logistic CFO, a Sand interest I'll the closer ready current continue the frac our advantage half quality Beckelman I to the call take opportunities. of for Lee pace, from second While and and They sand, focus results. from demand the a
