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

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

Basic Energy Services Inc (NYSE:BAS) announced its quarterly earnings data on Wednesday, October, 30th. The oil and gas company reported ($1.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.97) by $0.27. The oil and gas company earned $178.37 million during the quarter, compared to analyst estimates of $185.70 million. Basic Energy Services had a negative net margin of 17.69% and a negative return on equity of 63.44%. View Basic Energy Services' Earnings History.

Basic Energy Services is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Basic Energy Services.

2 brokers have issued 12-month price targets for Basic Energy Services' stock. Their forecasts range from $3.00 to $3.00. On average, they anticipate Basic Energy Services' stock price to reach $3.00 in the next year. This suggests a possible upside of 589.7% from the stock's current price. View Analyst Price Targets for Basic Energy Services.

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

News stories about BAS stock have trended very negative this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Basic Energy Services earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Basic Energy Services.

Some companies that are related to Basic Energy Services include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Oceaneering International (OII), Helix Energy Solutions Group (HLX), RPC (RES), Seacor (CKH), Tidewater (TDW), Oil States International (OIS), Matrix Service (MTRX), Newpark Resources (NR), Era Group (ERA) and Geospace Technologies (GEOS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Basic Energy Services investors own include Reata Pharmaceuticals (RETA), Approach Resources (AREX), Opko Health (OPK), Precision Drilling (PDS), First Financial Bankshares (FFIN), Endologix (ELGX), Synlogic (SYBX), Alibaba Group (BABA), Baytex Energy (BTE) and Transocean (RIG).

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, Robinhood, Fidelity and Charles Schwab.

One share of BAS stock can currently be purchased for approximately $0.44.

Basic Energy Services has a market capitalization of $10.85 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.View Additional Information About Basic Energy Services.

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

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]