Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. The company provides water transfer, disposal, rental, and other services associated with the drilling, completion, and ongoing production of shale oil and natural gas. It operates through three divisions: the Rocky Mountain, the Northeast, and the Southern. The Rocky Mountain Division manages a fleet of 176 trucks; owns, manages, and leases a network of 20 salt water disposal wells under the Landtech brand names; and maintains and leases rental equipment, including tanks, loaders, manlifts, light towers, winch trucks, and other miscellaneous equipment used in drilling and completion activities to oil and gas operators and others, as well as provides oilfield labor services. The Northeast Division manages a fleet of 177 trucks; owns, manages, and leases a network of 13 salt water disposal wells under the Nuverra, Heckmann, and Clearwater brands; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The Southern Division manages a fleet of 35 trucks; owns and operates 60-mile underground twin pipeline network; owns, manages, and leases a network of 7 salt water disposal wells; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The company was formerly known as Heckmann Corporation and changed its name to Nuverra Environmental Solutions, Inc. in May 2013. Nuverra Environmental Solutions, Inc. was incorportaed in 2007 and is headquartered in Scottsdale, Arizona.
IPO Year: 2017
Exchange: AMEX
Website: nuverra.com
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SC 13D/A - Nuverra Environmental Solutions, Inc. (0001403853) (Subject)
SC 13D - Nuverra Environmental Solutions, Inc. (0001403853) (Subject)
SC 13G/A - Nuverra Environmental Solutions, Inc. (0001403853) (Subject)
15-12B - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
S-8 POS - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
S-8 POS - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
25-NSE - Nuverra Environmental Solutions, Inc. (0001403853) (Subject)
8-K - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
DEFM14A - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
8-K - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
425 - Nuverra Environmental Solutions, Inc. (0001403853) (Subject)
8-K - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
8-K - Nuverra Environmental Solutions, Inc. (0001403853) (Filer)
Revenue of $294.8 million generated during the first quarter of 2022, up 16% sequentially from the fourth quarter of 2021 Net income of $8.0 million and Adjusted EBITDA of $32.2 million during the first quarter of 2022 Repurchased 2.3 million shares of Class A common stock in the open market for $16.4 million in the first quarter of 2022 Closed on the acquisition of Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra") Closed on $270 million sustainability-linked credit facility with innovative pricing structure prioritizing increased recycled water volumes and delivering superior employee safety performance Issued its 2021 Sustainability Report, the Company's inaugural report HOUST
HOUSTON, Feb. 23, 2022 /PRNewswire/ -- Select Energy Services, Inc. (NYSE:WTTR) ("Select" or the "Company") today announced the completion of its previously announced acquisition of Nuverra Environmental Solutions, Inc. ("Nuverra") (NYSE:NES). The terms of agreement were approved by Nuverra's two largest stockholders, Ascribe II Investments, LLC, Ascribe III Investments, LLC (together with Ascribe II Investments, LLC, "Ascribe") and Gates Capital Management, Inc. ("Gates"), which together owned approximately 84% of Nuverra's outstanding common stock. Effective with the opening of the market on February 24, 2022, Nuverra's common stock will discontinue trading on the NYSE American as a result
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra,” the “Company,” “we,” “us” or “our”) announced today that its board of directors (the “Board”) has approved the adoption of a limited duration stockholder rights plan (the “Rights Plan”) to protect stockholder interests and maximize value for all stockholders. The Rights Plan is similar to plans adopted by other public companies and is designed to ensure that no person or group can gain a control or control-like position in the Company’s stock through open market accumulations or other tactics potentially disadvantaging the interests of the stockholders without negotiating with
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
3 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
4 - Nuverra Environmental Solutions, Inc. (0001403853) (Issuer)
Revenue of $294.8 million generated during the first quarter of 2022, up 16% sequentially from the fourth quarter of 2021 Net income of $8.0 million and Adjusted EBITDA of $32.2 million during the first quarter of 2022 Repurchased 2.3 million shares of Class A common stock in the open market for $16.4 million in the first quarter of 2022 Closed on the acquisition of Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra") Closed on $270 million sustainability-linked credit facility with innovative pricing structure prioritizing increased recycled water volumes and delivering superior employee safety performance Issued its 2021 Sustainability Report, the Company's inaugural report HOUST
HOUSTON, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has expanded its leadership team with the appointment of Eric Bauer as Executive Vice President & Chief Financial Officer. In his new role, Mr. Bauer will oversee all aspects of Sharps' finance and accounting organization and play a key role in developing and implementing the Company's strategic initiatives and mergers and acquisitions efforts. Diana P. Diaz continues with the Company as Vice President and Chief Accounting Off
HOUSTON, Feb. 23, 2022 /PRNewswire/ -- Select Energy Services, Inc. (NYSE:WTTR) ("Select" or the "Company") today announced the completion of its previously announced acquisition of Nuverra Environmental Solutions, Inc. ("Nuverra") (NYSE:NES). The terms of agreement were approved by Nuverra's two largest stockholders, Ascribe II Investments, LLC, Ascribe III Investments, LLC (together with Ascribe II Investments, LLC, "Ascribe") and Gates Capital Management, Inc. ("Gates"), which together owned approximately 84% of Nuverra's outstanding common stock. Effective with the opening of the market on February 24, 2022, Nuverra's common stock will discontinue trading on the NYSE American as a result
HOUSTON, Jan. 25, 2022 /PRNewswire/ -- Select Energy Services, Inc. ("Select") (NYSE:WTTR) and Nuverra Environmental Solutions, Inc. ("Nuverra") (NYSE:NES) today announced that following the Securities and Exchange Commission declaring effective the Registration Statement on Form S-4 (the "Registration Statement") on January 19, 2022, the two largest Nuverra stockholders have delivered their written consents to approve and adopt the merger agreement among Nuverra, Select and wholly owned subsidiaries of Select. These stockholders, Ascribe II Investments, LLC, Ascribe III Investments, LLC (together with Ascribe II Investments, LLC, "Ascribe") and Gates Capital Management, Inc. ("Gates"), own
HOUSTON, Dec. 13, 2021 /PRNewswire/ -- Select Energy Services, Inc. (NYSE:WTTR) ("Select" or "the Company"), a leading provider of sustainable full life cycle water and chemical solutions to the U.S. unconventional oil and gas industry, today announced that it has entered into an agreement to acquire Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra") for total consideration of approximately $45 million, including the assumption of approximately $20 million of long-term debt, net of cash. Under the terms of the agreement, Nuverra stockholders will receive approximately 4.2 million shares of Select Class A common stock in exchange for all outstanding shares of Nuverra. The transacti
Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra" or the "Company") today announced financial and operating results for the second quarter and six months ended June 30, 2021. SUMMARY OF FINANCIAL RESULTS Revenue for the second quarter of 2021 was $24.8 million compared to $24.5 million for the second quarter of 2020. Net loss for the second quarter of 2021 was $3.9 million compared to a net loss of $6.8 million for the second quarter of 2020, primarily due to a gain of $4.0 million on the forgiveness of our Paycheck Protection Program ("PPP") loan. Adjusted EBITDA for the second quarter of 2021 was a loss of $0.2 million compared to a profit of $2.5 million for the second q
Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra" or the "Company") today announced financial and operating results for the first quarter ended March 31, 2021. SUMMARY OF FINANCIAL RESULTS Revenue for the first quarter of 2021 was $23.7 million compared to $37.9 million for the first quarter of 2020. Net loss for the first quarter of 2021 was $7.6 million compared to a net loss of $23.0 million for the first quarter of 2020, primarily as a result of $15.6 million of long-lived asset impairment charges in 2020. Adjusted EBITDA for the first quarter of 2021 was a loss of $0.8 million compared to a profit of $1.9 million for the first quarter of 2020, driven by activity declin
Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra" or the "Company") today announced the appointment of Patrick L. Bond as the Chief Executive Officer of Company, effective April 21, 2021. Charlie Thompson, the Company's current Chief Executive Officer, will continue to serve as Chairman of the Company's Board of Directors following the transition. "Pat has a long and distinguished history in the oilfield services sector, and we are excited to have him lead the Nuverra team," said Mr. Thompson. "As a 30-year industry veteran, Pat brings not only tremendous operational expertise, but also a deep commercial focus that will be critically important to the Company as the industry emerg
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2020. SUMMARY OF FINANCIAL RESULTS Revenue for the fourth quarter of 2020 was $24.1 million compared to $37.3 million for the fourth quarter of 2019. Net loss for the fourth quarter of 2020 was $7.2 million compared to a net loss of $37.5 million in the fourth quarter of 2019. Adjusted EBITDA for the fourth quarter of 2020 was $1.4 million compared to $3.1 million in the fourth quarter of 2019. Revenue for the full year ended 2020 was $110.3 million
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra,” the “Company,” “we,” “us” or “our”) announced today that its board of directors (the “Board”) has approved the adoption of a limited duration stockholder rights plan (the “Rights Plan”) to protect stockholder interests and maximize value for all stockholders. The Rights Plan is similar to plans adopted by other public companies and is designed to ensure that no person or group can gain a control or control-like position in the Company’s stock through open market accumulations or other tactics potentially disadvantaging the interests of the stockholders without negotiating with
HOUSTON, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ:SMED) ("Sharps" or the "Company"), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous, today announced that it has expanded its leadership team with the appointment of Eric Bauer as Executive Vice President & Chief Financial Officer. In his new role, Mr. Bauer will oversee all aspects of Sharps' finance and accounting organization and play a key role in developing and implementing the Company's strategic initiatives and mergers and acquisitions efforts. Diana P. Diaz continues with the Company as Vice President and Chief Accounting Off
Nuverra Environmental Solutions, Inc. (NYSE:NES) ("Nuverra" or the "Company") today announced the appointment of Patrick L. Bond as the Chief Executive Officer of Company, effective April 21, 2021. Charlie Thompson, the Company's current Chief Executive Officer, will continue to serve as Chairman of the Company's Board of Directors following the transition. "Pat has a long and distinguished history in the oilfield services sector, and we are excited to have him lead the Nuverra team," said Mr. Thompson. "As a 30-year industry veteran, Pat brings not only tremendous operational expertise, but also a deep commercial focus that will be critically important to the Company as the industry emerg