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NASDAQ:KEGXBasic Energy Services Stock Price, Forecast & News

$12.30
-2.97 (-19.45 %)
(As of 07/8/2020 04:00 PM ET)
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Today's Range
$11.99
Now: $12.30
$15.00
50-Day Range
$6.61
MA: $13.13
$28.50
52-Week Range
$0.60
Now: $12.30
$35.00
Volume5,532 shs
Average Volume6,740 shs
Market Capitalization$169.51 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States. It operates through Rig Services, Fishing and Rental Services, Coiled Tubing Services, and Fluid Management Services segments. The 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 useful lives, as well as provision of specialty drilling services to oil and natural gas producers. The 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. The 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. The 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 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.56 out of 5 stars


Industry, Sector and Symbol

Industry Oil & Gas Equipment & Services
Sub-IndustryN/A
SectorEnergy
Current SymbolNASDAQ:KEGX
CUSIPN/A
CIKN/A
Phone713-651-4300

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees2,600
Market Cap$169.51 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Basic Energy Services (NASDAQ:KEGX) Frequently Asked Questions

How has Basic Energy Services' stock been impacted by COVID-19 (Coronavirus)?

Basic Energy Services' stock was trading at $0.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KEGX stock has increased by 15,275.0% and is now trading at $12.30. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Basic Energy Services?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Basic Energy Services in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Basic Energy Services.

When is Basic Energy Services' next earnings date?

Basic Energy Services is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Basic Energy Services.

How were Basic Energy Services' earnings last quarter?

Basic Energy Services (NASDAQ:KEGX) announced its quarterly earnings results on Wednesday, May, 13th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of ($1.43) by $2.16. The business had revenue of $75.31 million for the quarter, compared to analysts' expectations of $81.40 million. View Basic Energy Services' earnings history.

What price target have analysts set for KEGX?

1 brokers have issued 12 month price objectives for Basic Energy Services' stock. Their forecasts range from $3.00 to $3.00. On average, they expect Basic Energy Services' stock price to reach $3.00 in the next year. This suggests that the stock has a possible downside of 75.6%. View analysts' price targets for Basic Energy Services.

Has Basic Energy Services been receiving favorable news coverage?

Media stories about KEGX stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Basic Energy Services earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Basic Energy Services.

Who are some of Basic Energy Services' key competitors?

What other stocks do shareholders of Basic Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Basic Energy Services investors own include ServiceNow (NOW), Broadcom (AVGO), Avid Technology (AVID), American Express (AXP), Alibaba Group (BABA), salesforce.com (CRM), Alphabet (GOOG), Intel (INTC), JPMorgan Chase & Co. (JPM) and Oracle (ORCL).

Who are Basic Energy Services' key executives?

Basic Energy Services' management team includes the following people:
  • Mr. John Marshall Dodson, Interim CEO, Sr. VP, CFO & Treasurer (Age 49)
  • Ms. Katherine I. Hargis, Sr. VP, Gen. Counsel & Corp. Sec. (Age 49)
  • Mr. Louis Coale, VP & Controller (Age 54)
  • Ms. Julie Kruger, VP of HR
  • Mr. William D. Moss, Sr. VP of Fluid Management Services (Age 67)

What is Basic Energy Services' stock symbol?

Basic Energy Services trades on the NASDAQ under the ticker symbol "KEGX."

How do I buy shares of Basic Energy Services?

Shares of KEGX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Basic Energy Services' stock price today?

One share of KEGX stock can currently be purchased for approximately $12.30.

How big of a company is Basic Energy Services?

Basic Energy Services has a market capitalization of $169.51 million. Basic Energy Services employs 2,600 workers across the globe.

What is Basic Energy Services' official website?

The official website for Basic Energy Services is www.keyenergy.com.

How can I contact Basic Energy Services?

The company can be reached via phone at 713-651-4300.

This page was last updated on 7/9/2020 by MarketBeat.com Staff

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