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) released its quarterly earnings data on Wednesday, October, 30th. The oil and gas company reported ($1.24) earnings per share for the quarter, missing the consensus estimate of ($0.97) by $0.27. The oil and gas company had revenue of $178.37 million for the quarter, compared to analyst estimates 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.

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 1 year price targets 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 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 headlines about BAS stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Basic Energy Services earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. 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), Oil States International (OIS), Tidewater (TDW), 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]