Basic Energy Services
1992
FOUNDED
PUBLIC
STATUS
1K-5K
EMPLOYEES
BAS
STOCK SYMBOL
41
INVESTMENTS
$1.73
SHARE PRICE
(As of Tuesday Closing)
Description
Basic Energy Services Inc is a provider of well site services to oil and natural gas drilling and producing companies, including completion and remedial services, water logistics, well servicing and contract drilling. Its operations are managed regionally and are concentrated in major United States onshore oil and natural gas producing regions. Its operating segments are Completion and Remedial Services, Well Servicing, Water Logistics, and Contract Drilling. It derives key revenue from the Completion and Remedial Services segment which covers operation of 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.
Website
Formerly Known As
Sierra Well Service
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Other Energy Services
Other Industries
Energy Exploration
Stock Exchange
NYS
Primary Office
- 801 Cherry Street
- Suite 2100
- Fort Worth, TX 76102
- United States
+1 (817) 000-0000
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Basic Energy Services Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $1.21 - $12.12 | $44.7M | $2.09 | -$4.83 | 459K | 25.8M |
Basic Energy Services Financials Summary
|
In Thousands,
USD |
TTM
30-Jun-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 351,567 | 388,886 | 887,892 | 1,873,965 |
| Revenue | 863,735 | 964,720 | 864,041 | 547,497 |
| EBITDA | 29,598 | 20,621 | 43,309 | 175,355 |
| Net Income | (129,265) | (144,597) | (96,674) | (123,373) |
| Total Assets | 701,823 | 761,777 | 820,480 | 768,160 |
| Total Debt | 358,764 | 349,740 | 315,239 | 223,220 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Basic Energy Services Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookBasic Energy Services Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nine Energy Service | Formerly PE-Backed | Houston, TX | 0000 | 00000 | 000000000 | 00000 |
| 000000 0000000000 | Corporation | Hamilton, Bermuda | 00000 | 000000000000 | ||
| 00000 00000 | Private Equity-Backed | Houston, TX | 0000 | 00000 | 000000&0 | 00000 |
| 000 000000 0000000 | Private Equity-Backed | Houston, TX | 0000 | 000.00 | 0&0 | |
| 00000 000000000000 | Formerly VC-backed | The Woodlands, TX | 0000 | 000.00 | 00000000 | 000.00 |
Basic Energy Services Investments & Acquisitions (41)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000 0000 00000000 | 31-Aug-2015 | 000000000000000000 | 000.00 | Energy Infrastructure | |
| 000000 000000 0000 | 24-Jul-2015 | 000000000000000000 | 000 | Environmental Services (B2B) | 0000000 0000000 |
| 000000 000000000 | 17-Jul-2015 | 000000000000000000 | 00.00 | Energy Exploration | |
| 0000000 0000000 00 | 17-Sep-2014 | 000000000000000000 | 0000 | Other Commercial Services | |
| Karnes Water Management | 31-Dec-2013 | Merger/Acquisition | 00.00 | Environmental Services (B2B) |
Basic Energy Services Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 000 0000 0000000 | 20-Apr-2010 | 000000000000000000 | 00000 | Completed |
|
| Frac Tank Rentals | 05-Jun-2007 | Merger/Acquisition | 00.000 | Completed |
Basic Energy Services Subsidiaries (6)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Platinum Pressure Services | Energy Exploration | Decatur, TX | 2007 |
| 000000 000000 0000 | Environmental Services (B2B) | Broussard, LA | 0000 |
| 000 00000 000000 0 | Oil and Gas Equipment | Yuma, CO | 0000 |
| 00000 0000 | Industrial Supplies and Parts | Hillsboro, OR | 0000 |
| 000000 0000000000 | Oil and Gas Equipment | Tulsa, OK | 0000 |
Basic Energy Services Executive Team (32)
14 Former Executives
You’re viewing 5 of 32 executives. Get the full list »Basic Energy Services Board Members (6)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 00000 0000 | Self | Board Member | 000 0000 | |
| 0000000 000 | Basic Energy Services | Board Member | 000 0000 |
4 Former Board Members
You’re viewing 2 of 6 board members. Get the full list »