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

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

Basic Energy Services Inc (NYSE:BAS) released its earnings results on Wednesday, July, 31st. The oil and gas company reported ($1.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.86) by $0.16. The oil and gas company earned $189.85 million during the quarter, compared to analysts' expectations of $205.83 million. Basic Energy Services had a negative net margin of 14.97% and a negative return on equity of 50.17%. View Basic Energy Services' Earnings History.

Basic Energy Services is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Basic Energy Services.

3 equities research analysts have issued 1-year price objectives for Basic Energy Services' stock. Their predictions 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 97.4% from the stock's current price. View Analyst Price Targets 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Basic Energy Services.

News stories about BAS stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Basic Energy Services earned a news impact score of -2.9 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Basic Energy Services.

Basic Energy Services saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 3,386,500 shares, a decrease of 11.5% from the July 31st total of 3,828,100 shares. Based on an average trading volume of 493,600 shares, the short-interest ratio is presently 6.9 days. Currently, 14.3% of the company's stock are short sold. View Basic Energy Services' Current Options Chain.

Some companies that are related to Basic Energy Services include US Well Services (USWS), Natural Gas Services Group (NGS), Mammoth Energy Services (TUSK), CSI Compressco (CCLP), NCS Multistage (NCSM), Cypress Energy Partners (CELP), Ranger Energy Services (RNGR), Quintana Energy Services (QES), Superior Energy Services (SPN), Key Energy Services (KEG), Recon Technology (RCON), Eco-Stim Energy Solutions (ESES), Eco-Stim Energy Solutions (ESES), Energy & Technology (ENGT) and ERHC Energy (ERHE).

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).

Basic Energy Services' stock is owned by many different of retail and institutional investors. Top institutional investors include Susquehanna International Group LLP (8.76%), Prescott Group Capital Management L.L.C. (7.72%), Vanguard Group Inc. (5.80%), Renaissance Technologies LLC (4.53%), BlackRock Inc. (2.58%) and Charles Schwab Investment Management Inc. (1.77%). 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.

BAS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., D. E. Shaw & Co. Inc., Alambic Investment Management L.P., Bank of New York Mellon Corp, Susquehanna International Group LLP, Parametric Portfolio Associates LLC, Northern Trust Corp and Wells Fargo & Company MN. Company insiders that have sold Basic Energy Services company stock in the last year include Brett J Taylor and Thomas Monroe Patterson. View Insider Buying and Selling for Basic Energy Services.

BAS stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., Prescott Group Capital Management L.L.C., Charles Schwab Investment Management Inc., Acadian Asset Management LLC, Jane Street Group LLC, Invesco Ltd. and Paloma Partners Management Co. 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, Thomas Monroe Patterson and Timothy H Day. View Insider Buying and Selling for 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.

One share of BAS stock can currently be purchased for approximately $1.52.

Basic Energy Services has a market capitalization of $39.25 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]