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Slide #73. Nuverra Environmental Solutions, Inc. — Ideal Oilfield Disposal, LLC
Nuverra Environmental Solutions, Inc. (AMEX:NES)
Ideal Oilfield Disposal, LLC
Nuverra Environmental Solutions, Inc. (NYSE:NES), one of the largest companies in the United States dedicated to the removal, treatment, recycling, transportation and disposal of restricted solids, fluids and hydrocarbons, today announced that it has entered into a definitive agreement to acquire Ideal Oilfield Disposal, LLC ("Ideal"), a greenfield oilfield disposal landfill site located in McKenzie County, North Dakota. Terms of the transaction were not disclosed.
Nuverra Environmental Solutions is a provider of water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations. Co.'s 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. Co. uses a line of assets to meet its customers' logistics and environmental management needs. Co.'s logistics assets include trucks and trailers, temporary and permanent pipelines, temporary and permanent storage facilities, ancillary rental equipment, and liquid and solid waste disposal sites.
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Hold (2.17 out of 4)
(ranked higher than approx. 87% of all stocks covered)
Based on Zacks ABR data;
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