Nuverra Environmental Solutions (NES)

Overall impact
D (35)

Commentary

Nuverra Environmental Solutions is a below-average overall performer. With a 'D' rating of 34.6 for overall impact (bottom 25% of all companies), Nuverra Environmental Solutions ranks 43rd out of 50 industry peers, behind Republic Services, Covanta, Avalon and 39 others, and ahead of Vertex Energy, Canvest Environmental Protection Group, Evergreen North America and 4 others. On top material causes for Nuverra Environmental Solutions's industry (Waste Management), Nuverra Environmental Solutions performs poorly in Disaster Readiness and Effective Aid (18.1 score), Equal Pay and Opportunity (32.1), Disease Eradication (38.5) and 7 other causes where it received a 'D' or 'F' score. Nuverra Environmental Solutions did not receive an 'A' rating on any cause.
Impact
Cause NES
Peer rank
Overall impact

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Company
Employees
517
Sector
Industrials
Industry
Commercial Services & Supplies
Sub-industry
Environmental & Facilities Services
SASB industry
Waste Management
Headquarters
Tx, United States
Share classes
NES
Description
Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. The company provides water transfer, disposal, rental, and other services associated with the drilling, completion, and ongoing production of shale oil and natural gas. It operates through three divisions: the Rocky Mountain, the Northeast, and the Southern. The Rocky Mountain Division manages a fleet of 176 trucks; owns, manages, and leases a network of 20 salt water disposal wells under the Landtech brand names; and maintains and leases rental equipment, including tanks, loaders, manlifts, light towers, winch trucks, and other miscellaneous equipment used in drilling and completion activities to oil and gas operators and others, as well as provides oilfield labor services. The Northeast Division manages a fleet of 177 trucks; owns, manages, and leases a network of 13 salt water disposal wells under the Nuverra, Heckmann, and Clearwater brands; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The Southern Division manages a fleet of 35 trucks; owns and operates 60-mile underground twin pipeline network; owns, manages, and leases a network of 7 salt water disposal wells; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The company was formerly known as Heckmann Corporation and changed its name to Nuverra Environmental Solutions, Inc. in May 2013. Nuverra Environmental Solutions, Inc. was incorporated in 2007 and is headquartered in Houston, Texas. As of February 23, 2022, Nuverra Environmental Solutions, Inc. operates as a subsidiary of Select Energy Services, Inc.
Material causes
Ethos considers the following causes material for Nuverra Environmental Solutions, based on its industry sub-industry Environmental & Facilities Services. Learn more about material causes in our methodology overview.

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This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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