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Key Energy Services Inc. (KEG)

2.32 Down 0.04(1.69%) 9:34AM EST - Nasdaq Real Time Price
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Key Energy Services Inc.
1301 Mckinney Street
Suite 1800
Houston, TX 77010
United States - Map
Phone: 713-651-4300

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:8,400

Business Summary 

Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. The company operates in U.S. and International segments. It offers rig-based services, including the completion of newly-drilled wells; workover and recompletion of existing oil and natural gas wells; well maintenance; plugging and abandonment of wells at the end of their lives; and specialty drilling services to oil and natural gas producers. The company also provides fluid management services, such as transportation and well-site storage services for various fluids utilized in connection with drilling, completions, workover, and maintenance activities; and disposal services for fluids produced subsequent to well completion, as well as operates a fleet of hot oilers capable of pumping heated fluids used to clear soluble restrictions in a wellbore. In addition, it offers coiled tubing services for wellbore clean-outs, nitrogen jet lifts, through-tubing fishing, and formation stimulations utilizing acid and chemical treatments. Further, the company provides fishing services comprising recovering lost or stuck equipment in the wellbore utilizing various fishing tools; well testing services; and rental equipment, such as drill pipes, tubulars, handling tools, pressure-control equipment, pumps, power swivels, reversing units, and foam air units, as well as frac stack equipment to support hydraulic fracturing operations and the associated flowback of frac fluids, proppants, oil, and natural gas. Additionally, the company offers hardware and software related to oilfield service equipment controls, data acquisition, and digital information flow; and drilling, wire line and project management, consulting, and reservoir engineering services. The company was formerly known as Key Energy Group, Inc. and changed its name to Key Energy Services, Inc. in December 1998. Key Energy Services, Inc. was founded in 1977 and is headquartered in Houston, Texas.

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Corporate Governance 
Key Energy Services Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 7. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 3; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Richard J. Alario , 59
Chairman, Chief Exec. Officer, Pres, Chairman of Equity Award Committee and Member of Exec. Committee
Mr. J. Marshall Dodson , 43
Chief Financial Officer and Sr. VP
Mr. Newton W. Wilson III, 63
Chief Operating Officer and Exec. VP
Ms. Kim B. Clarke , 58
Chief People Officer and Sr. VP of Admin.
Ms. Kimberly R. Frye , 45
Sr. VP, Gen. Counsel and Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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