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Compare · CWT vs NES

CWT vs NES

Side-by-side comparison of California Water Service Group (CWT) and Nuverra Environmental Solutions Inc. (NES): market cap, price performance, sector, and recent activity on the wire.

Summary

  • CWT operates in Utilities, while NES operates in Public Utilities - the two are in different parts of the market.
  • CWT is the larger of the two at $2.74B, about 105.1x NES ($26.1M).
  • CWT has hit the wire 7 times in the past 4 weeks while NES has been quiet.
  • CWT has more recent analyst coverage (12 ratings vs 0 for NES).
MetricCWTNES
Company
California Water Service Group
Nuverra Environmental Solutions Inc.
Price
$45.73-0.24%
$2.14+11.46%
Market cap
$2.74B
$26.1M
1M return
+4.92%
-
1Y return
-0.92%
-
Industry
Water Supply
Water Supply
Exchange
NYSE
AMEX
IPO
2017
News (4w)
7
0
Recent ratings
12
0
CWT

California Water Service Group

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

NES

Nuverra Environmental Solutions Inc.

Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. The company provides water transfer, disposal, rental, and other services associated with the drilling, completion, and ongoing production of shale oil and natural gas. It operates through three divisions: the Rocky Mountain, the Northeast, and the Southern. The Rocky Mountain Division manages a fleet of 176 trucks; owns, manages, and leases a network of 20 salt water disposal wells under the Landtech brand names; and maintains and leases rental equipment, including tanks, loaders, manlifts, light towers, winch trucks, and other miscellaneous equipment used in drilling and completion activities to oil and gas operators and others, as well as provides oilfield labor services. The Northeast Division manages a fleet of 177 trucks; owns, manages, and leases a network of 13 salt water disposal wells under the Nuverra, Heckmann, and Clearwater brands; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The Southern Division manages a fleet of 35 trucks; owns and operates 60-mile underground twin pipeline network; owns, manages, and leases a network of 7 salt water disposal wells; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The company was formerly known as Heckmann Corporation and changed its name to Nuverra Environmental Solutions, Inc. in May 2013. Nuverra Environmental Solutions, Inc. was incorportaed in 2007 and is headquartered in Scottsdale, Arizona.

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