Nuverra 1Q20 Results: “Stormy Like Most of Us Have Never Seen”

Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. In April the company laid off roughly 100 employees (see Nuverra Environmental Cuts Budget 30%, Lays off 100 People). Yesterday the company finally released first-quarter 2020 results. Revenue was down and losses were up.

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