BASX Basic Energy Services Inc.

Basic Energy Services, Inc. provides wellsite services to oil and natural gas drilling and producing companies in the United States. The company operates through three segments: Well Servicing, Water Logistics, and Completion & Remedial Services. The Well Servicing segment provides a range of services performed with a mobile well servicing rig and ancillary equipment, such as maintenance work, hoisting tools and equipment for operation; and plugging and abandonment services, as well as manufactures and sells workover rigs. As of December 31, 2019, this segment operated a fleet of 306 well servicing rigs. The Water Logistics segment is involved in the transportation of fluids; saltwater production; 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. This segment owns and operates 762 fluid service trucks with an average fluid hauling capacity of up to 150 barrels; and owns 87 saltwater disposal facilities. The Completion & Remedial Services segment offers rental equipment and fishing tools, coiled tubing units, snubbing units, thru-tubing, and air compressor packages configured for underbalanced drilling operations. This segment operates 24 air compressor packages; 32 snubbing units; and 9 coiled tubing units for cased-hole measurement and pipe recovery services. 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.

This security is traded over-the-counter, or OTC. We don't always have accurate pricing data on OTC stocks.

$0.10    OTCQX
As of 05/07/2021     OTCMarkets


Security Information
Category1:  US Equity
Category2:  Common stocks
Category3:  Micro cap
GICS sector:  Energy
Industry:  Oil & Gas Equipment & Services
Index country:  USA
Country of incorporation:  
IPO date:  12/09/2005
Outstanding shares:  24,899,932
Average volume:  500,455
Market cap:   $2,489,993
Current dividend yield:  0.00%
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    
ISIN:        
Sedol:      
Valuation   (See tab for details)
PE ratio:   -0.01
PB ratio:   -0.01
PS ratio:   0.01
Return on equity:   132.35%
Net income %:   -65.19%

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