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Last $5.29 USD
Change Today +0.33 / 6.65%
Volume 176.3K
NES On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

nuverra environmental soluti (NES) Snapshot

Open
$4.94
Previous Close
$4.96
Day High
$5.35
Day Low
$4.90
52 Week High
07/1/14 - $21.29
52 Week Low
01/26/15 - $1.65
Market Cap
147.7M
Average Volume 10 Days
296.0K
EPS TTM
$-6.89
Shares Outstanding
27.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NUVERRA ENVIRONMENTAL SOLUTI (NES)

nuverra environmental soluti (NES) Related Businessweek News

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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. It offers 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, Utica, Eagle Ford, Mississippian Lime, and Permian Shale areas, as well as the Haynesville, Marcellus, and Barnett Shale areas. The company 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; and rents equipment to customers, including providing for delivery and pickup. 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 1,000 trucks for delivery and collection; and approximately 5,500 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.

2,400 Employees
Last Reported Date: 03/16/15

nuverra environmental soluti (NES) Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Total Annual Compensation: $702.7K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $377.2K
Compensation as of Fiscal Year 2014.

nuverra environmental soluti (NES) Key Developments

Nuverra Environmental Solutions, Inc. Presents at Waste Expo Investor Summit, Jun-01-2015

Nuverra Environmental Solutions, Inc. Presents at Waste Expo Investor Summit, Jun-01-2015. Venue: Las Vegas Convention Center, Las Vegas, Nevada, United States. Presentation Date & Speakers: Jun-01-2015, Gregory J. Heinlein, Chief Financial Officer and Executive Vice President, Mark D. Johnsrud, Chairman of the Board and Chief Executive Officer.

Nuverra Environmental Solutions, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reiterates Capital Expenditure Guidance for the Year 2015

Nuverra Environmental Solutions reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Revenue from continuing operations was $119.1 million, compared with $128.0 million in the first quarter of 2014, due to declines in the Rocky Mountain and Southern Divisions, partly offset by growth in the Northeast Division. Adjusted net loss from continuing operations, excluding special items, was $11.3 million for the quarter, or a loss of $0.41 per diluted share, compared with adjusted net loss from continuing operations of $8.1 million, or a loss of $0.32 per share in the first quarter of 2014. First-quarter Adjusted EBITDA from continuing operations was $18.7 million, a 15.7% margin, compared with $18.9 million, a 14.8% margin, in 2014. Operating income was $248,000 against loss of $5,071,000 a year ago. Loss from continuing operations before income taxes was $12,019,000 against $20,718,000 a year ago. Loss from continuing operations was $11,995,000 or $0.44 basic and diluted per share against $11,914,000 or $0.48 basic and diluted per share a year ago. Net loss attributable to common stockholders was $11,074,000 or $0.41 basic and diluted per share against $11,455,000 or $0.46 basic and diluted per share a year ago. Net cash provided by operating activities was $35,617,000 against $3,036,000 a year ago. Purchases of property, plant and equipment was $6,163,000 against $7,743,000 a year ago. EBITDA was $18,051,000 against $12,243,000 a year ago. Pretax income from continuing operations was $248,000 in the first quarter compared to a pretax operating loss of $5.1 million in the first quarter of 2014. Net cash provided by operating activities from continuing operations through March 31, 2015 was $34.8 million compared with a negative $373,000 a year ago, with the increase primarily due to the improvements in collections and lower CapEx spend. Net cash capital expenditures from continuing operations in the first quarter were $4.2 million, net of $2 million of asset sales. The majority of the net spend related to the Terrafficient facility and transportation-related equipment in the Rocky Mountain division. The company will continue to maintain a very disciplined approach to capital spending and reiterate it srange of $10 million to $15 million in total net cash CapEx for 2015. Annual interest expense should be lower than 2014. Depreciation and amortization will be in the range of $70 million to $75 million, and effective income tax rate will remain near 0% due to its federal and state net operating loss carryforwards.

Nuverra Environmental Solutions, Inc. to Report Q1, 2015 Results on May 11, 2015

Nuverra Environmental Solutions, Inc. announced that they will report Q1, 2015 results at 8:01 PM, GMT Standard Time on May 11, 2015

 

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