+ Watch NES
on My Watchlist
Management has made a mess of this company. Several missteps including hiring in advance when work was delayed, acquisition which they wrote down by the tune of $100 million, and failure to delays past 3 quarters has turned off the entire investment community. Moody's will downgrade the company based on past performance and the stock just did a reverse 1-10 stock split. Sounds like a company you want to short, or at least not have anything to do with, right? Well I think pretty much everything that could go wrong has and the negativity is so extreme that the slightest positive news will propel the stock higher. A few days ago an insider purchased 10.000 shares at $16.90. I can't remember the last time an insider purchased shares. The company they acquired and booked the $100 mil loss is up for sale. Whatever they sell it for would be used to reduce debt and perhaps issue a share buyback. That would be very positive. Management projects on more bad quarter this year and then revenue increasing 10% in 2014. I think this is a case where everyone gave up and disregarded the possibility that management might deliver in 2014. Natural gas players who frack need to do it cleanly. That's why Nuverra isn't going away.
I did not buy this. It was on my "watch list" at $13.00, so don't know why it was triggered. Will close as soon as possible. Hopefully with out to large a dent in my Caps score.
There is just no way this small cap can compete with the big boys in this space. Unless a buy-out happens I just don't see NES making any money.Also - a reverse split never really brings a lot of confidence from the market
Value stock let's see in 5 year
Halliburton is using NES to make fracking more environmently friendly.
Rev.growth 124.40% eps 0.00% trailing 12 Q's 324.99 M eps ytd -0.10 cash flow (63.98)
Demand. Fracking probably will always be used and cleanup is a must
partnering up with Halliburton was very shrewd. Their biggest problem seems to be finding enough good employees to keep up with their growth. When they report a profit, look out.
I'm going out on a limb here; Good business to be in now with tremendous upside. We have yet to unleash the full potential of the fracking boom in America, Nuverra shareholders could be paid a hefty ransome for loyalty if this ever happens. Company says circumstances have caused the lack of profitability. we shall see!
Fracking isn't going to stop anytime soon. With more attention being paid to it and it's environmental side effects, NES is poised to grow along with the industry.
Do they have any competition? They provide a service that is needed by many, but only provided by few.
With an adjusted management, with little or no competition and in the middle of a soaring business environment that really needs its services I find it hard to believe that they will not make it big. Besides, government demand is not against fracking but against polluted water. And they've got the solution. So?
Regardless of whether we believe fracking is environmentally sound or not, it is the way the industry is progressing. With a new fracking operation being set up in NYC and all over the work, this is the company that works to clean up the image of fracking. This company is set to grow larger because of the inevitable trend of the oil industry towards fracking.
Despite what environmentalists think fracking is not going away. This is an enviromental company and has long runway ahead.
Much needed services
First mover in clean up of the frackers, good to be first
we are going to push for naturalized oil development; thus fracking will generate the need for water purification.
First mover in supplying water to fracking.
I see this playing out in one of three ways:1. NES rides wave of "cleaner" fracking methods, growing it's business from a strong customer base and setting the standard for better fracking water management (kudos if your mind went right to BSG). 2. Halliburton buys NES.3. Hydraulic Fracturing will finally be recognized as a methane leaking, water polluting, seismic destabilizing technology and be abandoned for a more rational energy policy.Number 3 is the punchline to a joke that starts with "The EPA, congress and a campaign donation checkbook walk into a bar," so I'm long on NES. If there's a hero in this disaster, they are it.
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