March 12, 2013
Heckmann Corporation (NYSE: NES ) ended an exciting 2012 on a great note, smashing normalized earnings per share in the fourth quarter by $0.27. The future looks great for the revamped Heckmann, soon to be Nuverra Environmental Services, after completing the two blockbuster acquisitions of Thermo Fluids and Power Fuels, which transformed the company into an oil-heavy service provider. The new integrated company looks to grow revenue to $750 million in 2013, which would effectively expand the company by 50 times in four years. Check out the video below for more information on Heckmann's fourth-quarter earnings release.
Heckman's recent merger with Power Fuels gives the firm a nice presence in the Bakken and Three Forks formations. Kodiak Oil & Gas is a dynamic growth story in this play, and continues to grow at an amazing clip. Before you hitch your horse to this carriage let us help you with your due diligence. To see if Kodiak is currently a buy or sell, check out our new premium report.