The other thing investors need to keep in mind are the companies that Heckmann Corporation (NYSE:HEK) will increasingly be competing against for business. Clean Harbors Inc (NYSE:CLH) for example offers its own own oil and gas services which “provide exploration, surface rentals, solids control, and environmental services to the energy sector serving oil and gas exploration, production, and power generation.” While the two don’t compete directly in all the same areas, the model that Clean Harbors Inc (NYSE:CLH) offers is one that Heckmann Corporation (NYSE:HEK) should look to replicate. Also worth noting, Clean Harbors Inc (NYSE:CLH) is planning to build its energy-related business to capture opportunities to expand in the sector. With a great environmentally conscious brand, Clean Harbors Inc (NYSE:CLH) can use that image to help it win business. By following this model, Heckmann Corporation (NYSE:HEK)’s brand will help it to capitalize on similar opportunities.
With its transformation complete, Nuverra Energy Solutions is in a great position to win in the years ahead. It’s brand has the potential to be a driving force in responsibly developing our shale resources thanks in part to the company’s suite of solutions to keep our environment unharmed.
The article Big Future for the New Heckmann originally appeared on Fool.com and is written by Matt DiLallo.
Fool contributor Matt DiLallo has no position in any stocks mentioned. The Motley Fool owns shares of Clean Harbors and Heckmann and has the following options: Long Jan 2014 $4 Calls on Heckmann and Short Jan 2014 $3 Puts on Heckmann.
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