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Forbes Energy Services Ltd (NASDAQ:FES)

Delayed Data
As of Feb 05
 +0.0174 / +5.85%
Today’s Change
Today|||52-Week Range
Industrial Services
Oilfield Services/Equipment

Company Description

Forbes Energy Services Ltd. is an independent oilfield services contractor, which provides drilling-related and production-related services to oil and natural gas companies. The company operates through the following business segments: Well Servicing and Fluid Logistics. The Well Servicing segment provides well maintenance services, including remedial repairs and removal and replacement of down-hole production equipment; well workovers, including down hole repairs, re-completions and re-perforations; completion and swabbing activities; and plugging and abandoning services. The Fluid Logistics segment owns or leases fluid transport trucks and related assets, including specialized vacuum, high-pressure pump and tank trucks, frac tanks, water wells, salt water disposal wells and facilities, and related equipment. These assets are used to provide, transport, store, and dispose of a variety of drilling and produced fluids used in, and generated by, oil and natural gas production. The company was founded by John E. Crisp, Janet L. Forbes and Charles C. Forbes, Jr. in September 2003 and is headquartered in Alice, TX.

Contact Information

Forbes Energy Services Ltd.
3000 South Business Highway 281
Alice Texas 78332
P:(361) 664-0549
Investor Relations:
(214) 987-4121



Individual stakeholders52.15%
Other institutional37.10%
Mutual fund holders12.41%

Top Executives

John E. CrispChairman, President & Chief Executive Officer
Charles C. ForbesChief Operating Officer, Director & Executive VP
L. Melvin CooperChief Financial Officer, Senior VP & Secretary
Casey StegmanHead-Investor Relations