Basic Energy Services Overview
Founded
1992
Status
Public
Employees
3,000
Stock Symbol
BASX
Investments
42
Share Price
$0.31
(As of Tuesday Closing)
Basic Energy Services General Information
Description
Basic Energy Services Inc is a provider of well-site services to the 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, and Water Logistics.
Contact Information
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
PINX
Primary Office
- 801 Cherry Street
- Suite 2100
- Fort Worth, TX 76102
- United States
+1 (817) 000-0000
Basic Energy Services Timeline
Basic Energy Services Stock Performance
(As of Tuesday closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.31 | $0.33 | $0.07 - $2.72 | $8.24M | 25M | 200K | -$6.96 |
Basic Energy Services Financials Summary
|
In Thousands, USD |
TTM 31-Dec-2019 | FY 2019 31-Dec-2019 | FY 2018 31-Dec-2018 | FY 2017 31-Dec-2017 |
|---|---|---|---|---|
| EV | 309,537 | 309,537 | 388,886 | 887,892 |
| Revenue | 567,250 | 567,250 | 653,565 | 864,041 |
| EBITDA | 63,269 | 63,269 | 51,214 | 43,309 |
| Net Income | (181,898) | (181,898) | (144,597) | (96,674) |
| Total Assets | 550,474 | 550,474 | 761,777 | 820,480 |
| Total Debt | 341,643 | 341,643 | 338,757 | 315,239 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Basic Energy Services Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
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Basic Energy Services Competitors (12)
| 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 | ||
| 000000000000 | Corporation | Houston, TX | 000000 | 000000000000 | ||
| 0000000 00000000 0 | Formerly PE-Backed | Houston, TX | 0000 | 00000 | 00000000 | 00000 |
| 000000000 000 0000 | Corporation | Houston, TX | 0000 | 00000 | 000000000 00 | 00000 |
Basic Energy Services Executive Team (35)
18 Former Executives
Basic Energy Services Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000 0000 | Self | Board Member | 000 0000 |
| 00000 000000000 | Basic Energy Services | Chief Executive Officer & Board Member | 000 0000 |
| 000000 000000000 | Basic Energy Services | Chief Executive Officer & Board Member | 000 0000 |
| 0000000 000 | Basic Energy Services | Board Member | 000 0000 |
4 Former Board Members
Basic Energy Services Investments & Acquisitions (42)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000 00000000 0 | 09-Mar-2020 | 000000000000000000 | 0000 | Energy Production | 00000 000000000 |
| 0000 0000 00000000 | 31-Aug-2015 | 000000000000000000 | 000.00 | Energy Infrastructure | |
| 000000 000000 0000 | 24-Jul-2015 | 000000000000000000 | 00.000 | Environmental Services (B2B) | 0000000 0000000 |
| 000000 000000000 | 17-Jul-2015 | 000000000000000000 | 00.00 | Energy Exploration | |
| Pioneer Fishing and Rental | 17-Sep-2014 | Merger/Acquisition | 000.00 | Other Commercial Services |
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Basic Energy Services Subsidiaries (4)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Aerion Rental Services | Environmental Services (B2B) | Broussard, LA | 2007 |
| 000 00000 000000 0 | Oil and Gas Equipment | Yuma, CO | 0000 |
| 00000 0000 | Industrial Supplies and Parts | Hillsboro, OR | 0000 |
| 000000000 00000 00 | Water Utilities | Fort Worth, TX |
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 | 30-May-2007 | Merger/Acquisition | 00.000 | Completed |