Wednesday, November 13, 2013

Nuverra: On the Cusp of a Rebound?


After yet another disappointing earnings report for Nuverra Environmental Solutions (NYSE: NES  ), investors need to remain focused on the long-term picture. Sure the company announced plans for a reverse split, and reduced EBITDA brings debt covenants into question, but investors always need to keep cool and research all the facts.

You can't deny that Nuverra has been a serial disappointer, on the path to becoming a complete environmental solutions provider to customers in the energy and industrial end-markets. The promise of providing environmental solutions for the dangerous materials produced by hydraulic fracturing once provided enormous potential.

Read the full article here.


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




No comments: