KEG - Key Energy Services, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Key Energy Services, Inc.

1301 McKinney Street
Suite 1800
Houston, TX 77010
United States
713-651-4300
http://www.keyenergy.com

SectorEnergy
IndustryOil & Gas Equipment & Services
Full Time Employees3,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert Wayne Drummond Jr.Pres, CEO & Director2.33MN/A1961
Mr. J. Marshall DodsonSr. VP, CFO & Treasurer714.37kN/A1971
Mr. David BrunnertSr. VP & COO24.23kN/A1968
Mr. Scott P. MillerSr. VP of Operational Services & Chief Admin. Officer465.11kN/A1979
Ms. Katherine I. HargisSr. VP, Gen. Counsel & Corp. Sec.422.52kN/A1971
Amounts are as of December 31, 2016 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.

Description

Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States. The company's U.S. Rig Services segment is involved in the completion of newly drilled wells; workover and recompletion of existing oil and natural gas wells; well maintenance activities; and plugging and abandonment of wells at the end of their lives, as well as provision of specialty drilling services to oil and natural gas producers. Its Fluid Management Services segment offers transportation and well-site storage services for fluids utilized in drilling, completions, workover, and maintenance activities; and disposal services for fluids produced subsequent to well completion. It also operates a fleet of hot oilers used to clear soluble restrictions in a wellbore. The company's Coiled Tubing Services segment offers services for wellbore clean-outs, nitrogen jet lifts, through-tubing fishing, and formation stimulations; mills temporary isolation plugs that separate frac zones; and other pre- and post-hydraulic fracturing well preparation services. Its Fishing and Rental Services segment provides fishing services that involve recovering lost or stuck equipment in the wellbore utilizing fishing tools; and rents drill pipes, tubulars, handling tools, pressure-control equipment, pumps, power swivels, reversing units, and foam air units, as well as frac stack equipment used to support hydraulic fracturing operations and the associated flowback of frac fluids, proppants, oil, and natural gas. 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 based in Houston, Texas.

Corporate Governance

Key Energy Services, Inc.’s ISS Governance QualityScore as of April 1, 2018 is 8. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.