|Bid||0.4300 x 900|
|Ask||0.4316 x 1400|
|Day's Range||0.4250 - 0.4748|
|52 Week Range||0.1510 - 5.5600|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2020 - Mar 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Basic Energy Services, Inc. (OTCQX: BASX) ("Basic" or the "Company") today announced the appointment of Keith L. Schilling as President, Chief Executive Officer and director, effective January 2, 2020. Mr. Schilling is an accomplished professional with over two decades of experience in senior managerial positions with major energy services companies. Mr. Schilling is replacing T.M. "Roe" Patterson in connection with his voluntary resignation.
Basic Energy Services, Inc. (OTCQX:BASX) (“Basic” or the “Company”) today announced that the shares of the Company’s common stock began trading on the OTCQX® Best Market tier of the OTC Markets Group Inc. (“OTCQX”) under the symbol BASX, following notification from the New York Stock Exchange (“NYSE”) on December 2, 2019 that it had determined to suspend trading in the Company’s common stock immediately and commence proceedings to delist the Company’s common stock from the NYSE. The NYSE reached its decision to delist the Company’s common stock pursuant to Section 802.01B of the NYSE’s Listed Company Manual, which requires listed companies to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million.
Basic Energy Services, Inc. (BAS) (“Basic” or the “Company”) announced that on November 6, 2019, the Company was notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE under Rule 802.01C of the NYSE Listed Company Manual. Under the NYSE’s rules, the Company has six months following receipt of the notification to regain compliance with the minimum share price requirement.
While BASF’s net profit dropped more than 20%, the chemical maker beat analysts expectations of EUR607 million, according to a consensus forecast provided by the company.
Basic Energy (BAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Basic Energy Services, Inc. announced today it will release its third quarter 2019 financial results after the market closes on Wednesday, October 30, 2019. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Thursday, October 31, 2019, starting at 9:00 a.m.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Moody's also downgraded Speculative Grade Liquidity (SGL) rating to SGL-3 from SGL-2. "The downgrade of Basic's ratings to Caa1 reflects slow recovery in the business amid a decelerating market outlook, that we expect will keep financial leverage high", commented Elena Nadtotchi, Moody's Senior Credit Officer.
Basic Energy (BAS) delivered earnings and revenue surprises of -18.60% and -7.77%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?