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Key Energy Services Inc (KEG) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Key Energy Services Inc (KEG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Key Energy Services Inc is an onshore, rig-based well servicing contractor. The company provides well services to oil companies, foreign national oil companies and independent oil and natural gas production companies. Key Energy Services Inc has a market cap of $124.820 million; its shares were traded at around $6.15 with and P/S ratio of 0.19.


For the last quarter Key Energy Services Inc reported a revenue of $117.3 million, compared with the revenue of $116.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $521.7 million, an increase of 19.6% from last year. For the last five years Key Energy Services Inc had an average revenue decline of 24.5% a year.

The reported loss per diluted share was $4.38 for the year, compared with the loss per share of $227.228 in the previous year. The Key Energy Services Inc had an operating margin of -11.3%, compared with the operating margin of -22.01% a year before. The 10-year historical median operating margin of Key Energy Services Inc is -2.88%. The profitability rank of the company is 2 (out of 10).

At the current stock price of $6.15, Key Energy Services Inc is traded at 64.4% discount to its historical median P/S valuation band of $17.26. The P/S ratio of the stock is 0.19, while the historical median P/S ratio is 0.54. The stock lost 65.89% during the past 12 months.

CEO Recent Trades:

  • President and CEO Robert J. Saltiel bought 20,000 shares of KEG stock on 02/25/2019 at the average price of $1.86.
  • President and CEO Robert J. Saltiel bought 20,000 shares of KEG stock on 02/21/2019 at the average price of $1.86.

Directors and Officers Recent Trades:

  • 10% Owner Capital, Llc Soter bought 128,113 shares of KEG stock on 03/13/2019 at the average price of $3.98. The price of the stock has increased by 54.52% since.
  • 10% Owner Capital, Llc Soter bought 128,113 shares of KEG stock on 03/13/2019 at the average price of $3.98. The price of the stock has increased by 54.52% since.
  • 10% Owner Capital, Llc Soter bought 22,347 shares of KEG stock on 03/04/2019 at the average price of $2.86.
  • 10% Owner Capital, Llc Soter bought 253,519 shares of KEG stock on 02/26/2019 at the average price of $2.09.
  • Director Scott D. Vogel bought 50,000 shares of KEG stock on 02/21/2019 at the average price of $1.98.

For the complete 20-year historical financial data of KEG, click here.

This article first appeared on GuruFocus.