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Basic Energy Services Inc (BAS) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Basic Energy Services Inc (BAS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Basic Energy Services Inc provides well site services to oil and natural gas drilling and producing companies. Its operations are grouped into Completion and Remedial Services, Fluid Services, Well Servicing, and Contract Drilling. Basic Energy Services Inc has a market cap of $421.150 million; its shares were traded at around $16.18 with a P/E ratio of 0.01 and P/S ratio of 0.01.


For the last quarter Basic Energy Services Inc reported a revenue of $235.3 million, compared with the revenue of $155.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $864.0 million, an increase of 57.8% from last year. For the last five years Basic Energy Services Inc had an average revenue decline of 14.4% a year.

The reported loss per diluted share was $3.72 for the year, compared with the loss per share of $507.412 in the previous year. The Basic Energy Services Inc had an operating margin of -7.1%, compared with the operating margin of -54.08% a year before. The 10-year historical median operating margin of Basic Energy Services Inc is 2.39%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Basic Energy Services Inc has the cash and cash equivalents of $38.5 million, compared with $98.9 million in the previous year. The long term debt was $259.2 million, compared with $184.8 million in the previous year. Basic Energy Services Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $16.18, Basic Energy Services Inc is traded at 98.3% discount to its historical median P/S valuation band of $977.91. The P/S ratio of the stock is 0.01, while the historical median P/S ratio is 0.46. The stock lost 58.91% during the past 12 months.

CEO Recent Trades:

  • President and CEO Thomas Monroe Patterson sold 1,500 shares of BAS stock on 02/15/2018 at the average price of $18.17. The price of the stock has decreased by 10.95% since.

CFO Recent Trades:

  • SVP, CFO, Secretary, Treasurer Alan Krenek sold 300 shares of BAS stock on 02/08/2018 at the average price of $16.95. The price of the stock has decreased by 4.54% since.

For the complete 20-year historical financial data of BAS, click here.

This article first appeared on GuruFocus.


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