Stone Fox Capital
Long/short equity, growth at reasonable price, research analyst, deep value

Nuverra Environmental: Not Heading To $0

While Nuverra Environmental Solutions (NYSE:NES) continued to struggle in 2013 along with the domestic oilfield services group, the stock isn't headed to $0 as suggested by others. In fact, the stock is now higher a couple of months later.

Nuverra Environmental is an environmental solutions provider to customers in the energy and industrial end-markets.

During the fourth quarter and the first part of 2014, the company made great strides to move beyond the struggles of the last couple of years. Ironically, the company supposedly headed to $0 is now in a position to repurchase debt at a discount and ride the return to growth in the domestic oilfield services. In fact, the company may actually thrive with an...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details