Basic Energy Services

Basic Energy Services Overview

Founded 1992
Founded
Status Public
Employees 3,000
Employees
Stock Symbol BASX
Stock Symbol
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

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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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)

Name Title Board Seat Contact Info
Keith Schilling Chief Executive Officer & Board Member
Thomas Patterson Chief Executive Officer & Board Member
Jerry Tufly President, Sole Manager, Secretary and Treasurer
David Schorlemer Senior Vice President & Chief Financial Officer
Brett Taylor Chief Technology Officer, Technology & Vice President

18 Former Executives

Basic Energy Services Board Members (8)

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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)

To view Basic Energy Services‘s complete investment and acquisition history, request access »
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
  • 00000 000000 00000
Frac Tank Rentals 30-May-2007 Merger/Acquisition 00.000 Completed