Basic Energy Services Inc (NYSE:BAS)

16.40
Delayed Data
As of Apr 26
 +0.23 / +1.42%
Today’s Change
12.72
Today|||52-Week Range
30.31
-30.12%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oilfield Services/Equipment
MARKET CAP
$466.5M

Company Description

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 Contract Drilling. The Completion and Remedial Services segment operates fleet of pumping units, an array of specialized rental equipment and fishing tools, coiled tubing units, snubbing units, thru-tubing, air compressor packages specially configured for underbalanced drilling operations and nitrogen 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 the completion of the well bore to initiate production of oil and natural gas. The Water Logistics segment utilizes fleet of 975 fluid service trucks and related assets, including specialized tank trucks, storage tanks, pipelines, water wells, disposal facilities, water treatment and construction and other related equipment. The Contract Drilling segment refers to the operation of fleet of 11 drilling rigs and related equipment. The company was founded in 1992 and is headquartered in Fort Worth, TX.

Contact Information

Basic Energy Services, Inc.
801 Cherry Street
Fort Worth Texas 76102
P:(817) 334-4100
Investor Relations:
1817

Employees

Shareholders

Other institutional82.35%
Individual stakeholders39.41%
Mutual fund holders22.01%

Top Executives

Thomas Monroe PattersonPresident, Chief Executive Officer & Director
James F. NewmanSenior Vice President-Regional Operations
Alan KrenekCFO, Secretary, Treasurer, CAO & Senior VP
Barbara S. WoodVice President-Information Systems & Technology
William Timothy DameVice President-Pumping Services Division