Top Energy Stocks To Own For 2015: Nuverra Environmental Solutions Inc (NES)
Nuverra Environmental Solutions, Inc., formerly Heckmann Corporation, incorporated on May 29, 2007, provides environmental solutions to protect, enhance and advance environmental sustainability. Nuverra provides full-cycle environmental solutions to a national customer base consisting of two distinct end markets: Shale Solutions and Industrial Solutions.
The Company is focused on the removal, treatment, recycling, transportation and disposal of restricted solids, fluids and hydrocarbons for E&P customers. It also provides a one-stop-shop for energy recovery, re-refining and recycling of used motor oil and oily wastewater; plus a closed loop spent antifreeze program for retail, automotive and manufacturing customers. Nuverra specializes in providing environmentally compliant and sustainable solutions to a national footprint of customers.
Shale Solutions provides environmental solutions for unconventional oil and gas ex ploration and production, including the delivery, collection, treatment, recycle, and disposal of restricted environmental products used in the development of unconventional oil and natural gas fields. The Company operates in select shale areas in the United States, including the Marcellus/Utica, Eagle Ford, Bakken, Haynesville, Barnett, Permian, Mississippian Lime and Tuscaloosa Marine Shale areas. It serves customers seeking fresh water acquisition, temporary water transmission and storage, transportation, treatment or disposal of fresh water and complex water flows, such as flowback and produced brine water, in connection with shale oil and gas hydraulic fracturing drilling or hydrofracturing operations. The Company also transports fresh water for production and provides services for site preparation, water pit excavations and remediation.
Industrial Solutions provides environmental and waste recy! cling solutions to its custom ers through collection and recycling services for waste prod! ucts, including UMO, which the Company processes and sells as RFO, oily water, spent antifreeze, used oil filters and parts washers, and provision of complementary environmental services for a diverse commercial and industrial customer base. Industrial Solutions operates a scalable network infrastructure of 34 processing facilities, approximately 385 tanker trucks, vacuum trucks and trailers and over 200 railcars. With a geographic presence in 19 states in the Western United States stretching from Washington to Texas, Industrial Solutions provides its services to a diverse range of more than 20,000 commercial and industrial customer locations.Advisors' Opinion:
- [By Matt DiLallo]
Oil and gas environmental service provider, Heckmann (NYSE: NES ) , reported first-quarter earnings on May 8. The company missed slightly on both the top and bottom lines which sent shares dipping in after-hours trading. However, all was not lost on the quarter so let's dig in and see what happened.
- [By Matt DiLallo]
Nuverra Environmental Solutions (NYSE: NES )
It was a tough quarter for Nuverra as its name change didn't help boost its stock price, which declined by almost 33%. Other than slightly missing earnings due to weather issues, it was a fairly quiet quarter for the company. The only other real news during the quarter was the company's acquisition of a solid waste disposal site in the Bakken.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-energy-stocks-to-own-for-2015-2.html