Out Fox The $treet

It wasn't too long ago that Heckmann Corporation ( HEK ) had completed an accretive merger that should've driven the stock higher. On the way to large gains, the market for environmental services has hit road bumps as demand for shale drilling has declined. Oddly though, analysts have become more constructive on the oil services stocks outside of this general area. The company is a leading environmental services provider dedicated to the movement, treatment and disposal of water generated by energy companies involved in the production of oil, natural gas liquids and natural gas. The game-changing merger with Power Fuels (see Heckmann Makes Game-Changing Merger ) promised significant improvements to margins and profits, but did the owners of that company become the big winners? Read the full article at Seeking Alpha. Disclosure: Long CJES and HEK. Please review the disclaimer page for more details. 

Just about 50 days ago, Heckmann (HEK) announced the deal to purchase Power Fuels. The deal turns Heckmann into a domestic leader in the wastewater removal industry supporting the shale oil and gas boom. See our article "Heckmann Makes Game-Changing Merger" for more details on the deal. While the stock initially popped from just above $2.50 all the way to $5, it has now slumped all the way to the $3.60s. Lower drilling in the domestic U.S. where both Heckmann and Power Fuels operate has impacted the excitement over the deal. Have the economics really changed that much to warrant a 30% drop? Makes us wonder what is going on. Read the full article at Seeking Alpha. Disclosure: Long HECK. Please review the disclaimer page for more details. 

Prior to the open on Tuesday, Heckmann (HEK) announced a merger agreement for Power Fuels owned by Badlands Energy, LLC. The deal creates a leading environmental services company focused on energy and industrial end-markets. The company is an environmental services provider dedicated to the movement, treatment and disposal of water generated by energy companies involved in the discovery and production of oil, natural gas liquids and natural gas. The stock surged nearly 40% on Tuesday as the deal creates a potential game changer for the handling of fracking fluids. The deal is also highly accretive causing investors to take notice of a stock that had been crushed this year. Read the full article at Seeking Alpha. Disclosure: Long HEK. Please review the disclaimer page for more details. 

As most investors know, Natural Gas prices have been severely depressed due to the dramatic increase in supply over the last several years. All at a time that demand has stalled due to the Great Recession. Not to mention that Nat Gas is a domestic play as the US doesn't have the capabilities to export LNG. This is the major reason that Stone Fox Capital has heavily invested in copper and met coal stocks instead of the gasey variety. Those other commodities are greatly benefiting from the demand surge from China, India, and the emerging world. Nat Gas has been completely shut out of that opportunity.  At least until now if Shawn Hackett of Hackett Financial Advisors is correct. Hackett in a Minyanville.com article makes the case for a parabolic move in nat gas due to the tetonic shift of nat gas to a global pricing mechanism. According to him the US will be able to export natural gas in the next 12 months though I had previously thought it wouldn't be until at least 2015 befor...