Nuverra Environmental Solutions, Inc. (NES) Company Bio
Nuverra Environmental Solutions, Inc. provides full-cycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. The company offers environmental solutions for unconventional oil and gas exploration and production, including the delivery, collection, treatment, recycle, and disposal of restricted environmental products used in the development of unconventional oil and natural gas fields in the Bakken and Eagle Ford Shale areas, as well as the Haynesville, Marcellus, and Utica areas. The company is based in Scottsdale, Arizona.
NES Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Nuverra Environmental Solutions Inc. To summarize, we found that Nuverra Environmental Solutions Inc ranked in the 40th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for NES, they are:
In the past 1.76 years, Nuverra Environmental Solutions Inc has a compound free cash flow growth rate of -0.02%; that's better than only 18.16% of cash flow producing equities in the Industrials sector, where it is classified.
Nuverra Environmental Solutions Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -14.38. This coverage rate is greater than that of merely 7.03% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NES, try MRCY, ADT, INFO, ALLE, and FSS.
Nuverra (NES) +5.5% AH, after it announces agreements to extend the maturity date on its secured credit facilities.The amendment extends maturity date for first lien credit, controlled by Ares Capital Management from February 7, 2021 to May 15, 2022. As part of the amendment, Nuverra repaid $2.5M of principal on the First Lien Facility.Maturity date...
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]