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Blue Chip Growth

Stock Report: () Report Updated: Feb 08, 2016 | Print This Page

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Company Profile

Nuverra Environmental Solutions, Inc., an environmental solutions company, provides full-cycle environmental solutions to customers in energy and industrial end-markets in the United States. It focuses on the delivery, collection, treatment, recycling, and disposal of restricted solids, water, waste water, used motor oil, spent antifreeze, waste fluids, and hydrocarbons. The company’s Shale Solutions segment provides comprehensive 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 Marcellus/Utica, Eagle Ford, Bakken, Haynesville, Barnett, Permian, Mississippian Lime, and Tuscaloosa Marine Shale areas. It also transports fresh water for production; and provide services for site preparation, water pit excavations, and remediation. This segment offers its services through 46 owned or leased operating salt water disposal or underground injection wells, approximately 1,100 trucks, 4,000 frac tanks, 1,900 upright and other tanks, 50 miles of freshwater delivery pipeline, and 50 miles of produced water collection pipeline. Its Industrial Solutions segment provides environmental and waste recycling solutions through collection and recycling services for waste products, including used motor oil, oily water, spent antifreeze, used oil filters, and parts washers. This segment offers its services through a network infrastructure of approximately 385 tanker trucks, vacuum trucks, and trailers, as well as 200 railcars. 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.

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