NYSE:BAS - Basic Energy Services Stock Price, News, & Analysis

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$2.31 -0.12 (-4.94 %)
(As of 05/21/2019 06:00 AM ET)
Previous Close$2.43
Today's Range$2.28 - $2.50
52-Week Range$2.32 - $16.39
Volume252,548 shs
Average Volume376,746 shs
Market Capitalization$62.28 million
P/E RatioN/A
Dividend YieldN/A
Beta2.54
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. The company operates through Completion and Remedial Services, Well Servicing, Water Logistics, and Contract Drilling segments. The Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; underbalanced drilling in low pressure and fluid sensitive reservoirs; and cased-hole wireline services. The Well Servicing segment provides services performed with a mobile well servicing rig and ancillary equipment, such as maintenance work, hoisting tools and equipment required by the operation, and plugging and abandonment services, as well as manufactures and sells workover rigs. As of December 31, 2018, this segment operated a fleet of 310 well servicing rigs. The Water Logistics segment is involved in the transportation of fluids; saltwater production; sale and transportation of fresh and brine water; rental of portable fracturing and test tanks; recycling and treatment of wastewater; operation of fresh water and brine source wells, and non-hazardous wastewater disposal wells; and preparation, construction, and maintenance of access roads, drilling locations, and production facilities. As of December 31, 2017, this segment owned and operated 823 fluid service trucks with an average fluid hauling capacity of up to 150 barrels apiece; and owned 83 saltwater disposal facilities. The Contract Drilling segment employs drilling rigs and related equipment to penetrate the earth to a desired depth and initiate production. This segment owns and operates 11 land drilling rigs. The company was formerly known as Sierra Well Service, Inc. and changed its name to Basic Energy Services, Inc. in 2000. Basic Energy Services, Inc. was founded in 1992 and is headquartered in Fort Worth, Texas.

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Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP06985P10
Phone817-334-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$964.72 million
Cash Flow$1.2762 per share
Book Value$7.23 per share

Profitability

Net Income$-144,600,000.00

Miscellaneous

Employees4,100
Market Cap$62.28 million
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

Basic Energy Services (NYSE:BAS) Frequently Asked Questions

What is Basic Energy Services' stock symbol?

Basic Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAS."

How were Basic Energy Services' earnings last quarter?

Basic Energy Services Inc (NYSE:BAS) posted its quarterly earnings data on Thursday, February, 28th. The oil and gas company reported ($0.97) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($1.28) by $0.31. The oil and gas company earned $230.35 million during the quarter, compared to analyst estimates of $233 million. Basic Energy Services had a negative net margin of 15.27% and a negative return on equity of 41.96%. View Basic Energy Services' Earnings History.

When is Basic Energy Services' next earnings date?

Basic Energy Services is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Basic Energy Services.

What is the consensus analysts' recommendation for 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.

Has Basic Energy Services been receiving favorable news coverage?

News stories about BAS stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Basic Energy Services earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

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 Approach Resources (AREX), Reata Pharmaceuticals (RETA), Opko Health (OPK), Precision Drilling (PDS), First Financial Bankshares (FFIN), Endologix (ELGX), Synlogic (SYBX), Alibaba Group (BABA), Baytex Energy (BTE) and Transocean (RIG).

Who are Basic Energy Services' key executives?

Basic Energy Services' management team includes the folowing people:
  • Mr. Thomas Monroe Patterson, CEO, Pres & Director (Age 44)
  • Mr. Brett J. Taylor, VP & CTO (Age 46)
  • Mr. James F. Newman, Sr. VP of Region Operations (Age 55)
  • Mr. William Timothy Dame, VP of Pumping Services (Age 58)
  • Mr. David Scott Schorlemer, Sr. VP, Treasurer, Sec. & CFO (Age 52)

Who are Basic Energy Services' major shareholders?

Basic Energy Services' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.26%), BlackRock Inc. (6.00%), Prescott Group Capital Management L.L.C. (5.97%), Contrarian Capital Management L.L.C. (2.94%), Renaissance Technologies LLC (2.34%) and Spark Investment Management LLC (1.72%). Company insiders that own Basic Energy Services stock include Alan Krenek, Ascribe Capital Llc, Brett J Taylor, David Scott Schorlemer, Eric Lannen, James D Kern, James F Newman, John Cody Bissett, Lanny Trampas Poldrack, Richard Scott Wegner, Samuel E Langford, Silver Point Capital LP, Thomas Monroe Patterson, Timothy H Day and William Timothy Dame. View Institutional Ownership Trends for Basic Energy Services.

Which major investors are selling Basic Energy Services stock?

BAS stock was sold by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Renaissance Technologies LLC, Alambic Investment Management L.P. and California Public Employees Retirement System. Company insiders that have sold Basic Energy Services company stock in the last year include Alan Krenek, Brett J Taylor and Thomas Monroe Patterson. View Insider Buying and Selling for Basic Energy Services.

Which major investors are buying Basic Energy Services stock?

BAS stock was purchased by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Contrarian Capital Management L.L.C., Charles Schwab Investment Management Inc., BlackRock Inc., Jefferies Group LLC, Dimensional Fund Advisors LP, Brave Asset Management Inc. and Acadian Asset Management LLC. Company insiders that have bought Basic Energy Services stock in the last two years include Ascribe Capital Llc, David Scott Schorlemer, James D Kern, Richard Scott Wegner, Samuel E Langford and Timothy H Day. View Insider Buying and Selling for Basic Energy Services.

How do I buy shares of Basic Energy Services?

Shares of BAS 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, Scottrade, Fidelity and Charles Schwab.

What is Basic Energy Services' stock price today?

One share of BAS stock can currently be purchased for approximately $2.31.

How big of a company is Basic Energy Services?

Basic Energy Services has a market capitalization of $62.28 million and generates $964.72 million in revenue each year. The oil and gas company earns $-144,600,000.00 in net income (profit) each year or ($3.63) on an earnings per share basis. Basic Energy Services employs 4,100 workers across the globe.

What is Basic Energy Services' official website?

The official website for Basic Energy Services is http://www.basicenergyservices.com.

How can I contact Basic Energy Services?

Basic Energy Services' mailing address is 801 CHERRY STREET SUITE 2100, FORT WORTH TX, 76102. The oil and gas company can be reached via phone at 817-334-4100 or via email at [email protected]


MarketBeat Community Rating for Basic Energy Services (NYSE BAS)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  330 (Vote Outperform)
Underperform Votes:  625 (Vote Underperform)
Total Votes:  955
MarketBeat's community ratings are surveys of what our community members think about Basic Energy Services and other stocks. Vote "Outperform" if you believe BAS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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