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 November, the company reported less-than-rosy results for the third quarter, because of the coronavirus and producers slowing down their drilling programs (see Nuverra 3Q: Revenue Down 45%, M-U Rig Count Down 57%). The trend continued for fourth-quarter (and full-year) results, which the company issued yesterday.
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 November, the company reported less-than-rosy results for the third quarter, because of the coronavirus and producers slowing down their drilling programs (see 