Nuverra Environmental Solutions, Inc.

Nuverra Environmental Solutions, Inc.

NES
Nuverra Environmental Solutions, Inc.US flagNew York Stock Exchange Arca
2.15
USD
+0.22
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Charles Thompson
Full Time Employees
517
Sector
Industrials
Industry
Waste Management
Address
6720 N Scottsdale Rd Ste 190 Scottsdale AZ United States of America 77079
IPO Date
Oct 12, 2017
Business
Nuverra Environmental Solutions, Inc. (NES) provides comprehensive environmental solutions and fluid handling services to exploration and production companies focused on the development and production of oil and natural gas from shale formations across the United States. Incorporated in 2007 and headquartered in Scottsdale, Arizona, the company delivers water logistics, including transfer, disposal, treatment, recycling, transportation, and storage of restricted solids, fluids, and hydrocarbons; operates salt water disposal wells under brands such as Landtech, Nuverra, Heckmann, and Clearwater; maintains rental fleets of frac tanks, mud tanks, gas buster tanks, vacuum trucks, water trucks, winch trucks, hot oilers, pressure trucks, and hydrovacs; and offers production support services like pressure testing, field activity assistance, and fluid recovery via vacuum trucks. Nuverra conducts operations through three primary divisions—the Rocky Mountain (Bakken Shale, managing 176 trucks and 20 disposal wells), Northeast (Marcellus and Utica Shales, with 177 trucks and 13 disposal wells), and Southern (Haynesville Shale, including 35 trucks, a 60-mile pipeline network, and 7 disposal wells)—serving key shale basins in North Dakota, Montana, Pennsylvania, Ohio, West Virginia, Texas, and Louisiana. In February 2022, Nuverra was acquired by Select Energy Services, Inc. for $45 million plus assumption of $20 million in debt, integrating its infrastructure into Select Water Solutions to expand sustainable water services, add over 300,000 barrels per day of disposal capacity, and capture revenue synergies and cost savings; the company now operates as a subsidiary, enhancing Select's footprint in water recycling, logistics, and production-related revenues with no reported major changes, acquisitions, or partnerships since the deal.

Company News

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