Monday, August 5, 2013

Did Weather Create a Golden Buying Opportunity in Nuverra Environmental Solutions?


Another quarter, and yet another disappointment from Nuverra Environmental Solutions (NYSE: NES). The company that promised an attractive environmental solution to the dirty energy sector has yet to deliver on that promise to investors. Most recently, the old Heckmann released preliminary Q2 2013 results that greatly disappointed the market. A major contributing factor was weather, but is that enough to create a golden buying opportunity after the stock plunged?

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Disclosure: Long CJES and NES. Please review the disclaimer page for more details. 



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