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

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$7.16 +0.05 (+0.70 %)
(As of 11/15/2018 11:56 AM ET)
Previous Close$7.11
Today's Range$7.00 - $7.26
52-Week Range$6.91 - $26.75
Volume46,506 shs
Average Volume479,974 shs
Market Capitalization$188.85 million
P/E Ratio-3.07
Dividend YieldN/A
Beta2.56
Basic 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
Current SymbolNYSE:BAS
Previous Symbol
CUSIP06985P10
Phone817-334-4100

Debt

Debt-to-Equity Ratio1.07
Current Ratio1.45
Quick Ratio1.28

Price-To-Earnings

Trailing P/E Ratio-3.07
Forward P/E Ratio-2.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$864.04 million
Price / Sales0.22
Cash Flow$2.3475 per share
Price / Cash3.05
Book Value$9.83 per share
Price / Book0.73

Profitability

EPS (Most Recent Fiscal Year)($2.33)
Net Income$-96,670,000.00
Net Margins-12.19%
Return on Equity-28.29%
Return on Assets-10.53%

Miscellaneous

Employees4,100
Outstanding Shares26,560,000
Market Cap$188.85 million
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) announced its earnings results on Tuesday, July, 31st. The oil and gas company reported ($0.83) EPS for the quarter, missing the consensus estimate of ($0.62) by $0.21. The oil and gas company had revenue of $253.37 million for the quarter, compared to analyst estimates of $257.50 million. Basic Energy Services had a negative return on equity of 28.29% and a negative net margin of 12.19%. 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 Monday, February 25th 2019. View Earnings Estimates for Basic Energy Services.

What price target have analysts set for BAS?

3 analysts have issued twelve-month target prices for Basic Energy Services' stock. Their forecasts range from $12.72 to $40.00. On average, they expect Basic Energy Services' stock price to reach $26.24 in the next year. This suggests a possible upside of 273.8% from the stock's current price. View Analyst Price Targets for Basic Energy Services.

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

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Basic Energy Services.

Has Basic Energy Services been receiving favorable news coverage?

Media coverage about BAS stock has trended somewhat positive recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Basic Energy Services earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave headlines 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 impact on the company's share price in the immediate future.

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. 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)
  • Mr. Alan Krenek, Consultant (Age 62)

Who are Basic Energy Services' major shareholders?

Basic Energy Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Ascribe Capital LLC (14.71%), Dimensional Fund Advisors LP (8.34%), Key Group Holdings Cayman LTD. (5.77%), BlackRock Inc. (5.58%), Thompson Siegel & Walmsley LLC (1.46%) and Prescott Group Capital Management L.L.C. (1.00%). 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 Key Group Holdings Cayman LTD., Man Group plc, Renaissance Technologies LLC, Credit Suisse AG, Dupont Capital Management Corp, Dynamic Technology Lab Private Ltd and Russell Investments Group Ltd.. 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 bought by a variety of institutional investors in the last quarter, including Ascribe Capital LLC, Dimensional Fund Advisors LP, Prescott Group Capital Management L.L.C., Bridgeway Capital Management Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Thompson Siegel & Walmsley LLC and TVR Capital Management LP. 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 $7.02.

How big of a company is Basic Energy Services?

Basic Energy Services has a market capitalization of $188.85 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.

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:  320 (Vote Outperform)
Underperform Votes:  605 (Vote Underperform)
Total Votes:  925
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 11/15/2018 by MarketBeat.com Staff

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