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. Our services include the delivery, collection, and disposal of solid and liquid materials that are used in and generated by the drilling, completion, and ongoing production of shale oil and natural gas. We provide a suite of solutions to customers who demand safety, environmental compliance and accountability from their service providers.
Company profile
Ticker
NES
Exchange
Website
CEO
Charles Thompson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Heckmann CORP, Heckmann Corp
SEC CIK
Corporate docs
Subsidiaries
Badlands Power Fuels, LLC • Nuverra Rocky Mountain Pipeline, LLC • Nuverra Total Solutions, LLC • Nuverra Ohio Disposal, LLC • NES Water Solutions, LLC • HEK Water Solutions, LLC • Landtech Enterprises, L.L.C. • Badlands Leasing, LLC • Ideal Oilfield Disposal, LLC • 1960 Well Services, LLC ...
NES stock data
Latest filings (excl ownership)
15-12B
Securities registration termination
7 Mar 22
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Mar 22
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Mar 22
25-NSE
Exchange delisting
24 Feb 22
8-K
Termination of a Material Definitive Agreement
23 Feb 22
425
Business combination disclosure
25 Jan 22
DEFM14A
Proxy related to merger
25 Jan 22
8-K
Other Events
14 Jan 22
425
Business combination disclosure
13 Dec 21
425
Business combination disclosure
13 Dec 21
Latest ownership filings
4
Jeffrey L Gates
25 Feb 22
SC 13D/A
Gates Capital Management, Inc.
25 Feb 22
4
Charles K. Thompson
23 Feb 22
4
MICHAEL Y MCGOVERN
23 Feb 22
4
Joseph M Crabb
23 Feb 22
4
David Nightingale
23 Feb 22
4
Eric T Bauer
23 Feb 22
SC 13D
Gates Capital Management, Inc.
22 Dec 21
4
Charles K. Thompson
19 Jul 21
3
Patrick L Bond
14 Jun 21
Financial summary
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Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.64 mm | 7.64 mm | 7.64 mm | 7.64 mm | 7.64 mm | 7.64 mm |
Cash burn (monthly) | 1.02 mm | 485.83 k | 2.39 mm | 2.43 mm | 902.33 k | 321.58 k |
Cash used (since last report) | 31.27 mm | 14.90 mm | 73.31 mm | 74.67 mm | 27.68 mm | 9.86 mm |
Cash remaining | -23.63 mm | -7.26 mm | -65.67 mm | -67.03 mm | -20.04 mm | -2.23 mm |
Runway (months of cash) | -23.2 | -15.0 | -27.5 | -27.5 | -22.2 | -6.9 |
Institutional ownership, Q4 2021
91.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 7 |
Closed positions | 7 |
Increased positions | 2 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 50.19 mm |
Total shares | 14.68 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Ascribe Capital | 7.02 mm | $21.35 mm |
Gates Capital Management | 6.63 mm | $20.15 mm |
Newport Global Advisors | 565.71 k | $1.21 mm |
GS Goldman Sachs | 95.20 k | $289.00 k |
Renaissance Technologies | 62.10 k | $189.00 k |
Vanguard | 56.79 k | $173.00 k |
RBF Capital | 48.33 k | $147.00 k |
Credit Suisse | 44.44 k | $135.00 k |
Two Sigma Investments | 42.21 k | $128.00 k |
Bridgeway Capital Management | 35.29 k | $107.00 k |