Could New Fracking Laws Make This Company a Game Changer?
Jul 1st 2013 7:01PM
Updated Jul 1st 2013 7:02PM
Companies that have unlocked vast quantities of oil and gas through hydraulic fracturing are all worried about the same thing: the rules regulating this new technique. These same companies have even more to worry about now because one state, Illinois, has brought about new regulations regarding the use of hydraulic fracturing. While Illinois is not exactly a huge oil and gas producer, it is possible that these fracking regulations could find footing in other places.
The majority of companies will not be happy about these regulations, but Nuverra Environmental Solutions is not one of them. As a water management company specializing in treating and storing hydraulic fracturing fluid, these kinds of regulations could be just what the company needs.
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The article Could New Fracking Laws Make This Company a Game Changer? originally appeared on Fool.com.Fool contributor Tyler Crowe owns shares of Nuverra Environmental Solutions. You can follow him at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter, @TylerCroweFool. The Motley Fool recommends Halliburton. The Motley Fool owns shares of Nuverra Environmental Solutions and has the following options: Long Jan 2014 $4 Calls on Nuverra Environmental Solutions and Short Jan 2014 $3 Puts on Nuverra Environmental Solutions. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.