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

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$8.83 +0.16 (+1.85 %)
(As of 08/20/2018 04:52 AM ET)
Previous Close$8.83
Today's Range$8.40 - $8.92
52-Week Range$7.43 - $26.75
Volume292,453 shs
Average Volume537,043 shs
Market Capitalization$249.62 million
P/E Ratio-3.79
Dividend YieldN/A
Beta2.72
Basic Energy Services logoBasic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its 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; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 310 pumping units; and 36 air compressor packages. The company's Fluid Services segment is involved in the transportation of fluids; production of salt water; 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 975 fluid service trucks with an average fluid hauling capacity of up to 150 barrels apiece; and owned 85 salt water disposal facilities. Its 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, 2017, this segment operated a fleet of 310 well servicing rigs. Its 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

Stock Exchange NYSE
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:BAS
CUSIP06985P10
Phone817-334-4100

Debt

Debt-to-Equity Ratio0.99
Current Ratio1.49
Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio-3.79
Forward P/E Ratio-2.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$864.04 million
Price / Sales0.27
Cash Flow$2.1802 per share
Price / Cash4.05
Book Value$13.01 per share
Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)($2.33)
Net Income$-96,670,000.00
Net Margins-10.94%
Return on Equity-20.44%
Return on Assets-8.00%

Miscellaneous

Employees4,100
Outstanding Shares26,470,000
Market Cap$249.62 million

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 earnings results on Tuesday, July, 31st. The oil and gas company reported ($0.83) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.62) by $0.21. The oil and gas company earned $253.37 million during the quarter, compared to the consensus estimate of $257.50 million. Basic Energy Services had a negative return on equity of 20.44% and a negative net margin of 10.94%. 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 Thursday, November, 1st 2018. View Earnings Estimates for Basic Energy Services.

What price target have analysts set for BAS?

6 equities research analysts have issued 1 year price objectives for Basic Energy Services' shares. Their forecasts range from $12.72 to $40.00. On average, they expect Basic Energy Services' stock price to reach $23.7867 in the next twelve months. This suggests a possible upside of 169.4% from the stock's current price. View Analyst Price Targets for Basic Energy Services.

What is the consensus analysts' recommendation for Basic Energy Services?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Basic Energy Services in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Basic Energy Services.

Who are some of Basic Energy Services' key competitors?

Who are Basic Energy Services' key executives?

Basic Energy Services' management team includes the folowing people:
  • Mr. Thomas Monroe Patterson, CEO, Pres & Director (Age 43)
  • Mr. Alan Krenek, Sr. VP, CFO, Principal Accounting Officer, Treasurer & Sec. (Age 62)
  • Mr. James F. Newman, Sr. VP of Region Operations (Age 54)
  • Mr. William Timothy Dame, VP of Pumping Services (Age 57)
  • Mr. Brett J. Taylor, VP of Completion Services (Age 45)

Has Basic Energy Services been receiving favorable news coverage?

Headlines about BAS stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Basic Energy Services earned a daily sentiment score of 0.20 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 46.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Basic Energy Services.

Who are Basic Energy Services' major shareholders?

Basic Energy Services' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.31%), BlackRock Inc. (5.41%), Royce & Associates LP (5.30%), Millennium Management LLC (3.54%), Thompson Siegel & Walmsley LLC (1.04%) and Dupont Capital Management Corp (0.80%). Company insiders that own Basic Energy Services stock include Alan Krenek, Ascribe Capital Llc, Brett J Taylor, Doug Rogers, Eric Lannen, James D Kern, James F Newman, James Samuel Dagostino Jr, John Cody Bissett, Kenneth V Huseman, Lanny Trampas Poldrack, Luxor Capital Group, Lp, Samuel E Langford, Silver Point Capital LP, Steven A Webster, Thomas Monroe Patterson, Thomas Moore Jr, 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 Thompson Siegel & Walmsley LLC, Millennium Management LLC, Boston Partners, Schwab Charles Investment Management Inc., Engineers Gate Manager LP, Connor Clark & Lunn Investment Management Ltd., Trexquant Investment LP and Renaissance Technologies LLC. Company insiders that have sold Basic Energy Services company stock in the last year include Alan Krenek, Ascribe Capital Llc, Eric Lannen, James F Newman, John Cody Bissett, Lanny Trampas Poldrack, Silver Point Capital LP, Thomas Monroe Patterson and William Timothy Dame. View Insider Buying and Selling for Basic Energy Services.

Which major investors are buying Basic Energy Services stock?

BAS stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Royce & Associates LP, BlackRock Inc., Spark Investment Management LLC, Mackay Shields LLC, Dynamic Technology Lab Private Ltd, Los Angeles Capital Management & Equity Research Inc. and Fox Run Management L.L.C.. Company insiders that have bought Basic Energy Services stock in the last two years include Ascribe Capital Llc, James D Kern, 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 $8.83.

How big of a company is Basic Energy Services?

Basic Energy Services has a market capitalization of $249.62 million and generates $864.04 million in revenue each year. The oil and gas company earns $-96,670,000.00 in net income (profit) each year or ($2.33) on an earnings per share basis. Basic Energy Services employs 4,100 workers across the globe.

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:  310 (Vote Outperform)
Underperform Votes:  584 (Vote Underperform)
Total Votes:  894
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 8/20/2018 by MarketBeat.com Staff

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