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Nuverra Environmental Solutions (Nuverra Environmental Solutions) Property, Plant and Equipment : $138.03 Mil (As of Sep. 2021)


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What is Nuverra Environmental Solutions Property, Plant and Equipment?

Nuverra Environmental Solutions's quarterly net PPE declined from Mar. 2021 ($147.26 Mil) to Jun. 2021 ($142.23 Mil) and declined from Jun. 2021 ($142.23 Mil) to Sep. 2021 ($138.03 Mil).

Nuverra Environmental Solutions's annual net PPE declined from Dec. 2018 ($215.64 Mil) to Dec. 2019 ($193.70 Mil) and declined from Dec. 2019 ($193.70 Mil) to Dec. 2020 ($152.86 Mil).


Nuverra Environmental Solutions Property, Plant and Equipment Historical Data

The historical data trend for Nuverra Environmental Solutions's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuverra Environmental Solutions Property, Plant and Equipment Chart

Nuverra Environmental Solutions Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.18 229.87 215.64 193.70 152.86

Nuverra Environmental Solutions Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.04 152.86 147.26 142.23 138.03

Nuverra Environmental Solutions Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Nuverra Environmental Solutions  (AMEX:NES) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Nuverra Environmental Solutions Property, Plant and Equipment Related Terms

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Nuverra Environmental Solutions (Nuverra Environmental Solutions) Business Description

Traded in Other Exchanges
N/A
Address
6720 North Scottsdale Road, Suite 190, Scottsdale, AZ, USA, 85253
Nuverra Environmental Solutions Inc provides full-cycle environmental solutions to consumers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. It provides environmental solutions and well site logistics management, including delivery, collection, treatment, recycling and disposal of solid and liquid materials that are used in and generated by the drilling, completion and ongoing production of shale oil and natural gas. The firm's segments include Northeast, Southern and Rocky Mountain segments. It derives the majority of its revenues from Rocky Mountain segment.
Executives
Gates Capital Management, L.p. 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
John Griggs director C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064
Michael Y Mcgovern director 700 LOUISIANA, STE 4300, HOUSTON TX 77002
Kim M Proctor officer: See Remarks 6720 N. SCOTTSDALE RD. 190 SCOTTSDALE AZ 85253
Joseph M Crabb officer: EVP & Chief Legal Officer C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC 14624 N. SCOTTSDALE ROAD, SUITE 300 SCOTTSDALE AZ 85254
Robert Young Fox officer: President & COO 14624 N. SCOTTSDALE RD. STE. 300 SCOTTSDALE AZ 85254
Charles K. Thompson director, officer: See Remarks C/O PINHIGH CAPITAL PARTNERS 3900 ESSEX LANE, SUITE 400 HOUSTON TX 77027
Gates Capital Management, Inc. 10 percent owner 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Jeffrey L Gates 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Gates Capital Management Gp, Llc 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Ascribe Iii Investments Llc 10 percent owner 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
American Securities Llc 10 percent owner 590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Ascribe Opportunities Fund Iii(b), L.p. 10 percent owner C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000
Ascribe Management Llc 10 percent owner 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Ascribe Ii Investments Llc 10 percent owner 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171