|Bid||9.38 x 1800|
|Ask||9.38 x 1100|
|Day's Range||9.30 - 9.80|
|52 Week Range||7.43 - 26.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.72|
Moody's Investors Service, ("Moody's") assigned ratings to Basic Energy Services, Inc. (Basic or BAS), including a B3 Corporate Family Rating (CFR), a B3-PD Probability of Default Rating (PDR), and a B3 senior secured notes rating. Moody's also assigned an SGL-2 Speculative Grade Liquidity (SGL) rating. "Basic's rating reflects the company's small scale and the cyclicality of the oilfield services (OFS) sector, offset by the company's reduced leverage and geographic and service offering diversification.
FORT WORTH, Texas, Sept. 19, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (BAS) ("Basic" or the "Company") today announced that the Company intends to offer, subject to market and other conditions, $300 million aggregate principal amount of senior secured notes due 2023 (the "notes") through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act of 1933, as amended (the "Act"). The notes will be secured, senior obligations of the Company, and interest will be payable semi-annually in arrears. The notes will be guaranteed on a senior secured basis by Basic's existing material subsidiaries (excluding certain finance-related subsidiaries).
FORT WORTH, Texas , Aug. 28, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) announced today that its management will be presenting at the Barclays CEO Energy-Power Conference to be held in ...
NEW YORK, Aug. 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of REGENXBIO ...
FORT WORTH, Texas , Aug. 14, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company") today announced the appointment of David Schorlemer as Senior Vice ...
Roe Patterson is the CEO of Basic Energy Services Inc (NYSE:BAS), which has recently grown to a market capitalization of US$249.62m. Recognizing whether CEO incentives are aligned with shareholders isRead More...
NEW YORK, NY / ACCESSWIRE / August 1, 2018 / Basic Energy Services, Inc. (NYSE: BAS ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 1, 2018 at 9:00:00 AM Eastern ...
On a per-share basis, the Fort Worth, Texas-based company said it had a loss of $1.51. Losses, adjusted for non-recurring costs, came to 83 cents per share. The results missed Wall Street expectations. ...
FORT WORTH, Texas , July 31, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company") today announced its financial and operating results for the second ...
In this article, we’ll look at Wall Street’s forecasts for TechnipFMC (FTI) stock following its Q2 2018 earnings release.
Now, we’ll discuss Wall Street analysts’ forecasts for National Oilwell Varco (NOV) before its second-quarter earnings.
On Tuesday, July 17, 2018, US markets saw broad based gains with six out of nine sectors finishing the trading sessions in green. All you have to do is sign up today for this free limited time offer by clicking the link below: www.wallstequities.com/registration.
FORT WORTH, Texas, July 18, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (BAS) ("Basic" or the "Company") is pleased to announce the creation of a new leadership position and the hiring of Adam Hurley as Vice President, Strategy and Business Development reporting to President and CEO, Roe Patterson. Effective immediately, Mr. Hurley will be responsible for focusing on Basic's strategy of leveraging its strong market position in its core markets to accelerate the growth of the Company through a more efficient allocation of its assets. In addition, Mr. Hurley is expected to lead Basic's efforts to further reduce costs, drive efficiencies throughout the organization and identify new M&A opportunities that would allow the Company to have even greater scale in its core markets.
FORT WORTH, Texas , July 16, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its second quarter 2018 financial results after the market ...
To conclude our series on the biggest movers in the upstream and oilfield service sectors, we’ll now look at Wall Street’s recommendations for this week’s strongest and weakest stocks. Of the 27 analysts covering Gulfport Energy (GPOR) on June 26, eight recommended “strong buy,” ten recommended “buy,” seven recommended “hold,” one recommended “sell,” and one recommended “strong sell.” Their median price target for GPOR is $14, which is ~13% higher than its June 26 closing price of $12.42.
Previously, we discussed the top oilfield service stocks this week by percentage gain. In this part, we’ll look at the weakest oilfield service stocks. We’ll focus on oil and gas producers with a market capitalization greater than $100 million and an average trading volume over 100,000 shares last week.
VANCOUVER , June 27, 2018 /CNW/ - Permex Petroleum Corporation ("Permex" or the "Company)" (OIL.CN) is announcing that it has now begun its re-stimulation and re-entry program on two of its oilfields. Permex has retained Basic Energy Services ("Basic") (BAS), to handle the re-entries and stimulation of the company wells.
FORT WORTH, Texas , June 22, 2018 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) announced today that its senior management will participate in the Simmons 2 nd Annual London Energy Summit in ...
As of June 20, Reuters reported four analysts with recommendations for Tellurian (TELL). Based on the median price targets from Wall Street analysts, Archrock (AROC) and Basic Energy Services (BAS) have potential upsides of 17% and 55%, respectively, from their June 20 closing prices.
In this part of the series, we’ll take a look at how hedge funds are positioning themselves in the leading gainers and decliners from the upstream and oilfield services sectors this week.
In the previous part of this series, we looked at the top percentage gainers in the oilfield services sector from June 18–20. To compile the list, we used oilfield services companies with a market capitalization greater than $100 million and an average volume greater than 100,000 shares last week. From June 18–20, Basic Energy Services (BAS) was the top declining stock in the oilfield services sector.
In this part, we’ll analyze the top percentage gainers in the US oilfield service sector this week. We’ll focus on oilfield service companies with a market capitalization greater than $100 million and an average volume greater than 100,000 shares.