Forbes Energy Services Ltd (NASDAQ:FES)

3.91
Data as of 11:34am ET
 -0.015 / -0.38%
Today’s Change
2.93
Today|||52-Week Range
5.31
+19.42%
Year-to-Date
SECTOR
Energy Minerals
INDUSTRY
Oil & Gas Production
MARKET CAP
$83.9M

Company Description

Forbes Energy Services Ltd. is an independent oilfield services contractor, which provides a range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. The company operates through two 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 & Other segment collects, transports, and disposes drilling and production fluids, as well as rents portable frac tanks for wellsite fluid storage and sells drilling and completion fluids. The company was founded on April 9, 2008 by John E. Crisp, Janet L. Forbes and Charles C. Forbes, Jr. 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:

Employees

Shareholders

Individual stakeholders55.93%
Mutual fund holders5.66%
Other institutional35.95%

Top Executives

John E. CrispChairman, President & Chief Executive Officer
Charles C. ForbesChief Operating Officer, Director & Executive VP
L. Melvin CooperCFO, Secretary, Senior VP & Head-Media Relations
Casey StegmanHead-Investor Relations
Preston GrahamInvestor Relations Contact

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