NYSE:BASBasic Energy Services Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Basic Energy Services Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.44 0.00 (0.00 %) (As of 12/2/2019) Add Compare Share Today's Range$0.42Now: $0.44▼$0.4850-Day Range$0.44MA: $0.43▼$0.4452-Week Range$0.42Now: $0.44▼$6.84Volume304,515 shsAverage Volume421,615 shsMarket Capitalization$10.85 millionP/E RatioN/ADividend YieldN/ABeta2.45 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Basic Energy Services, Inc. engages in the provision of well site services to oil and natural gas drilling and producing companies. It operates its business through the following segments: Completion and Remedial Services, Well Servicing, Water Logistics, and Corporate and Other. The Completion and Remedial Services segment utilizes coiled tubing services, air compressor packages specially configured for underbalanced drilling operations, an array of specialized rental equipment and fishing tools, thru-tubing, and snubbing units. The Well Servicing segment encompasses a full range of services performed with a mobile well servicing rig, including the installation and removal of downhole equipment and elimination of obstructions in the well bore to facilitate the flow of oil and natural gas. The Water Logistics segment focuses in the fleet of trucks and related assets, including specialized tank trucks, storage tanks, water wells, disposal facilities water treatment, and related equipment. The Corporate and Other segment comprises principally of working capital and debt financing costs. The company was founded in 1992 and is headquartered in Fort Worth, TX.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingBasic Energy Services has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.00, Basic Energy Services has a potential upside of 589.7% from its current price of $0.44.Amount of Analyst CoverageBasic Energy Services has received no research coverage in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesBasic Energy Services has received 375 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBasic Energy Services has received 676 “underperform” votes. (Add your “underperform” vote.)Community SentimentBasic Energy Services has received 64.32% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldBasic Energy Services does not currently pay a dividend.Dividend GrowthBasic Energy Services does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Basic Energy Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.90% of the stock of Basic Energy Services is held by insiders.Percentage Held by Institutions83.78% of the stock of Basic Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Basic Energy Services are expected to grow in the coming year, from ($4.43) to ($3.64) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Basic Energy Services is -0.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Basic Energy Services is -0.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBasic Energy Services has a P/B Ratio of 0.05. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.46 out of 5 stars 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 CIK1109189 Webwww.basicenergyservices.com Phone(817) 334-4100Debt Debt-to-Equity Ratio2.54 Current Ratio1.31 Quick Ratio1.15Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$964.72 million Price / Sales0.01 Cash Flow$1.28 per share Price / Cash Flow0.34 Book Value$8.26 per share Price / Book0.05Profitability EPS (Most Recent Fiscal Year)($3.63) Net Income$-144,600,000.00 Net Margins-17.69% Return on Equity-63.44% Return on Assets-15.70%Miscellaneous Employees4,100 Outstanding Shares24,950,000Market Cap$10.85 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable BAS Rates by TradingView Receive BAS News and Ratings via Email Sign-up to receive the latest news and ratings for BAS and its competitors with MarketBeat's FREE daily newsletter. Basic Energy Services (NYSE:BAS) Frequently Asked Questions How has Basic Energy Services' stock been impacted by COVID-19 (Coronavirus)? Basic Energy Services' stock was trading at $0.4350 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BAS shares have increased by 0.0% and is now trading at $0.4350. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Basic Energy Services' next earnings date? Basic Energy Services is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Basic Energy Services. How were Basic Energy Services' earnings last quarter? Basic Energy Services Inc (NYSE:BAS) announced its earnings results on Wednesday, October, 30th. The oil and gas company reported ($1.24) EPS 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 the consensus estimate of $185.70 million. Basic Energy Services had a negative return on equity of 63.44% and a negative net margin of 17.69%. View Basic Energy Services' earnings history. What price target have analysts set for BAS? 2 analysts have issued 12-month target prices for Basic Energy Services' shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Basic Energy Services' share price to reach $3.00 in the next twelve months. This suggests a possible upside of 589.7% from the stock's current price. View analysts' price targets for Basic Energy Services. Has Basic Energy Services been receiving favorable news coverage? Media stories about BAS stock have been trending extremely negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -4.0 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutBasic Energy Services. Who are some of Basic Energy Services' key competitors? Some companies that are related to Basic Energy Services include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Matrix Service (MTRX), Oil States International (OIS), Tidewater (TDW), Newpark Resources (NR), Geospace Technologies (GEOS) and Era Group (ERA). View all 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 Reata Pharmaceuticals (RETA), Approach Resources (AREX), Opko Health (OPK), Precision Drilling (PDS), First Financial Bankshares (FFIN), Alibaba Group (BABA), Endologix (ELGX), Synlogic (SYBX), Baytex Energy (BTE) and Transocean (RIG). Who are Basic Energy Services' key executives? Basic Energy Services' management team includes the following 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) What is Basic Energy Services' stock symbol? Basic Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAS." 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, Robinhood, Fidelity, and Charles Schwab. What is Basic Energy Services' stock price today? One share of BAS stock can currently be purchased for approximately $0.44. How big of a company is Basic Energy Services? 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. What is Basic Energy Services' official website? The official website for Basic Energy Services is 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
