Nuverra Environmental Solutions Inc (NES) Major Shareholder Gates Capital Management, L.P. Acquires 377,800 Shares of Stock
Nuverra Environmental Solutions Inc (NYSEAMERICAN:NES) major shareholder Gates Capital Management, L.P. acquired 377,800 shares of the company’s stock in a transaction that occurred on Thursday, October 11th. The stock was purchased at an average cost of $9.92 per share, for a total transaction of $3,747,776.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
NES stock opened at $11.70 on Friday. Nuverra Environmental Solutions Inc has a fifty-two week low of $8.80 and a fifty-two week high of $26.50.
Nuverra Environmental Solutions (NYSEAMERICAN:NES) last released its quarterly earnings data on Monday, August 6th. The company reported ($0.78) earnings per share for the quarter. The company had revenue of $48.95 million for the quarter.
Nuverra Environmental Solutions Company Profile
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 and wellsite logistics management, including the delivery, collection, treatment, and disposal of solid and liquid materials 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.
Read More: Asset Allocation, Balancing Your Investments
Receive News & Ratings for Nuverra Environmental Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuverra Environmental Solutions and related companies with MarketBeat.com's FREE daily email newsletter.