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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Mon., Feb. 17, 4:40 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #73. Nuverra Environmental Solutions, Inc. Ideal Oilfield Disposal, LLC

Acquirer: Nuverra Environmental Solutions, Inc. (AMEX:NES)
Acquiree: Ideal Oilfield Disposal, LLC
Details: 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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Company Name: 
Nuverra Environmental Solutions Inc
Website: 
www.nuverra.com
Sector: 
Oil & Gas Equipment & Services
Number of ETFs Holding NES: 
1
Total Market Value Held by ETFs: 
$14347
Total Market Capitalization: 
$49.00M
% of Market Cap. Held by ETFs: 
0.03%
 

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Hold (2.17 out of 4)
87th percentile
(ranked higher than approx. 87% of all stocks covered)
Based on Zacks ABR data;
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