Last $13.50 USD
Change Today +0.19 / 1.43%
Volume 155.1K
NES On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

nuverra environmental soluti (NES) Snapshot

Open
$13.28
Previous Close
$13.31
Day High
$13.52
Day Low
$13.27
52 Week High
09/6/13 - $27.40
52 Week Low
08/14/14 - $12.92
Market Cap
360.9M
Average Volume 10 Days
318.8K
EPS TTM
$-3.78
Shares Outstanding
26.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NUVERRA ENVIRONMENTAL SOLUTI (NES)

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nuverra environmental soluti (NES) Details

Nuverra Environmental Solutions, Inc. provides full-cycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. The company provides environmental solutions for unconventional oil and gas exploration 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 in the Bakken, Marcellus/Utica, Haynesville, Eagle Ford, Mississippian Lime, Barnett, and Permian Basin shale areas. It also serves customers seeking fresh water acquisition, temporary water transmission and storage, transportation, treatment, recycling, or disposal of complex water flows, such as flowback and produced brine water, and solids, such as drill cuttings, and management of other environmental products in connection with shale oil and gas hydraulic fracturing operations; rents equipment to customers, including providing for delivery and pickup; and provides services for water pit excavations, well site preparation, and well site remediation. The company owns a 50-mile underground pipeline network in the Haynesville Shale area for the delivery of fresh water and removal of produced water; a fleet of approximately 1,100 trucks for delivery and collection; and approximately 5,700 storage tanks, as well as owns or leases 56 operating saltwater disposal wells in the Bakken, Marcellus/Utica, Haynesville, Eagle Ford, and Tuscaloosa Marine shale areas. Its customers include major domestic and international oil and gas companies, foreign national oil and gas companies, and independent oil and natural gas production companies. The company was formerly known as Heckmann Corporation and changed its name to Nuverra Environmental Solutions, Inc. in May 2013. Nuverra Environmental Solutions, Inc. is headquartered in Scottsdale, Arizona.

2,200 Employees
Last Reported Date: 03/10/14

nuverra environmental soluti (NES) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $702.7K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $477.9K
Chief Accounting Officer and Executive Vice P...
Total Annual Compensation: $352.3K
Compensation as of Fiscal Year 2013.

nuverra environmental soluti (NES) Key Developments

Nuverra Environmental Solutions Appoints Tod C. Holmes to Board of Directors

Nuverra Environmental Solutions, Inc. announced that its Board of Directors has appointed Tod C. Holmes, former Executive Vice President and Chief Financial Officer of Republic Services, Inc., to serve as an independent director of the Company and a member of the Board's Audit Committee The appointment of Mr. Holmes fills a vacancy created by the resignation of Mr. Kevin L. Spence, who has served on the Board since 2010. The size of the eight-member Board will remain unchanged. "We thank Kevin very much for his service to Nuverra and wish him the best in his new business ventures.

Nuverra Environmental Solutions, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Nuverra Environmental Solutions, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues were $126,862,000 compared to $134,977,000 for the same period a year ago. Loss from operations was $11,920,000 compared to $9,025,000 for the same period a year ago. Loss before income taxes was $24,417,000 compared to $22,489,000 for the same period a year ago. Loss from continuing operations was $24,722,000 or $0.97 per share against $21,665,000 or $0.89 per share a year ago. Net loss attributable to common stockholders was $23,269,000 or $0.91 per basic and diluted share compared to $12,849,000 or $0.53 per basic and diluted share for the same period a year ago. EBITDA was $9,922,000 compared to $18,770,000 for the same period a year ago. Adjusted EBITDA was $25,905,000 compared to $33,264,000 for the same period a year ago. Net cash capital expenditures were $13.9 million. For the six months, the company reported total revenues were $254,876,000 compared to $265,624,000 for the same period a year ago. Loss from operations was $16,991,000 compared to $12,520,000 for the same period a year ago. Loss before income taxes was $45,135,000 compared to $40,430,000 for the same period a year ago. Loss from continuing operations was $36,636,000 or $1.45 per share against $25,670,000 or $1.07 per share a year ago. Net loss attributable to common stockholders was $34,724,000 or $1.37 per basic and diluted share compared to $25,481,000 or $1.06 per basic and diluted share for the same period a year ago. Net cash used in operating activities was $1,001,000 against net cash provided by operating activities of $36,476,000 a year ago. Purchases of property, plant and equipment was $23,943,000 against $21,400,000 a year ago. EBITDA was $22,165,000 compared to $42,295,000 for the same period a year ago. Adjusted EBITDA was $47,902,000 compared to $65,350,000 for the same period a year ago.

Nuverra Environmental Solutions, Inc., Q2 2014 Earnings Call, Aug 07, 2014

Nuverra Environmental Solutions, Inc., Q2 2014 Earnings Call, Aug 07, 2014

 

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