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Basic Energy Services

DB:B8JN
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
B8JN
DB
$4M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. The last earnings update was 121 days ago. More info.


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B8JN Share Price and Events
7 Day Returns
0%
DB:B8JN
-13.3%
Europe Energy Services
-11.3%
DE Market
1 Year Returns
-90.6%
DB:B8JN
-28%
Europe Energy Services
-1.2%
DE Market
B8JN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Basic Energy Services (B8JN) 0% 0% 0% -90.6% -98.9% -
Europe Energy Services -13.3% -16.3% -16.2% -28% -46.3% -78.6%
DE Market -11.3% -10.1% -9.4% -1.2% -8.2% -10.2%
1 Year Return vs Industry and Market
  • B8JN underperformed the Energy Services industry which returned -28% over the past year.
  • B8JN underperformed the Market in Germany which returned -1.2% over the past year.
Price Volatility
B8JN
Industry
5yr Volatility vs Market

Value

 Is Basic Energy Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Basic Energy Services. This is due to cash flow or dividend data being unavailable. The share price is €0.4.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Basic Energy Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Basic Energy Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:B8JN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-5.30
OTCPK:BASX Share Price ** OTCPK (2019-12-02) in USD $0.15
Europe Energy Services Industry PE Ratio Median Figure of 29 Publicly-Listed Energy Services Companies 13.09x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 19.8x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Basic Energy Services.

DB:B8JN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:BASX Share Price ÷ EPS (both in USD)

= 0.15 ÷ -5.30

-0.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Basic Energy Services is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Basic Energy Services is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Basic Energy Services's expected growth come at a high price?
Raw Data
DB:B8JN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
34.1%per year
Europe Energy Services Industry PEG Ratio Median Figure of 18 Publicly-Listed Energy Services Companies 0.71x
Germany Market PEG Ratio Median Figure of 258 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Basic Energy Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Basic Energy Services's assets?
Raw Data
DB:B8JN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $5.33
OTCPK:BASX Share Price * OTCPK (2019-12-02) in USD $0.15
Europe Energy Services Industry PB Ratio Median Figure of 68 Publicly-Listed Energy Services Companies 0.65x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.71x
DB:B8JN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:BASX Share Price ÷ Book Value per Share (both in USD)

= 0.15 ÷ 5.33

0.03x

* Primary Listing of Basic Energy Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Basic Energy Services is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Basic Energy Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Basic Energy Services has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Basic Energy Services expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Basic Energy Services expected to grow at an attractive rate?
  • Unable to compare Basic Energy Services's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Basic Energy Services's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Basic Energy Services's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:B8JN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:B8JN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 34.1%
DB:B8JN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -2.5%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 31.8%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:B8JN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:B8JN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 715 71 -59 3
2020-12-31 692 59 -93 4
2020-03-01
2019-12-31 729 47 -129 4
DB:B8JN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 796 46 -141
2019-06-30 864 60 -129
2019-03-31 927 72 -142
2018-12-31 965 74 -145
2018-09-30 970 81 -118
2018-06-30 957 64 -105
2018-03-31 917 43 -89
2017-12-31 864 26 -97
2017-09-30 784 -78 66
2017-06-30 692 -123 -13
2017-03-31 599 -144 -79
2016-12-31 547 -151 -123

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Basic Energy Services is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Basic Energy Services's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:B8JN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Basic Energy Services Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:B8JN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -2.38 -2.38 -2.38 1.00
2020-12-31 -3.71 -3.71 -3.71 1.00
2020-03-01
2019-12-31 -4.90 -4.90 -4.90 1.00
DB:B8JN Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -5.30
2019-06-30 -4.83
2019-03-31 -5.32
2018-12-31 -5.46
2018-09-30 -4.49
2018-06-30 -4.00
2018-03-31 -3.40
2017-12-31 -3.72
2017-09-30 2.18
2017-06-30 -0.37
2017-03-31 -2.06
2016-12-31 -2.94

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Basic Energy Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Basic Energy Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Basic Energy Services has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Basic Energy Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Basic Energy Services's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Basic Energy Services does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Basic Energy Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Basic Energy Services's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Basic Energy Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Basic Energy Services Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:B8JN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 795.77 -140.81 148.53
2019-06-30 863.74 -129.27 156.17
2019-03-31 927.26 -141.54 160.16
2018-12-31 964.72 -144.60 163.42
2018-09-30 969.63 -118.18 147.22
2018-06-30 956.76 -104.69 147.49
2018-03-31 916.69 -88.58 146.83
2017-12-31 864.04 -96.67 142.26
2017-09-30 784.30 65.53 158.10
2017-06-30 692.45 -12.72 148.93
2017-03-31 599.16 -78.66 139.97
2016-12-31 547.50 -123.37 135.33
2016-09-30 553.01 -320.50 119.30
2016-06-30 600.64 -334.05 125.22
2016-03-31 674.23 -292.46 133.82
2015-12-31 805.60 -241.75 143.46
2015-09-30 1,045.48 -205.37 154.13
2015-06-30 1,250.18 -89.80 159.67
2015-03-31 1,416.25 -39.06 166.95
2014-12-31 1,491.28 -8.34 167.30
2014-09-30 1,398.41 3.07 150.91
2014-06-30 1,329.25 -13.82 152.57
2014-03-31 1,295.31 -29.06 158.94
2013-12-31 1,262.90 -35.93 161.94
2013-09-30 1,256.94 -48.33 169.92
2013-06-30 1,272.54 -34.71 169.08
2013-03-31 1,308.34 -8.82 169.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Basic Energy Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Basic Energy Services has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Basic Energy Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Basic Energy Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Basic Energy Services has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Basic Energy Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Basic Energy Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Basic Energy Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Basic Energy Services's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Basic Energy Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Basic Energy Services Company Filings, last reported 5 months ago.

DB:B8JN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 127.95 290.62 50.46
2019-06-30 169.10 290.03 53.71
2019-03-31 194.88 289.55 63.80
2018-12-31 219.43 289.31 90.30
2018-09-30 261.01 317.74 30.85
2018-06-30 283.15 243.56 30.68
2018-03-31 313.58 238.35 33.83
2017-12-31 338.65 315.24 38.52
2017-09-30 354.57 217.10 43.17
2017-06-30 362.53 152.96 34.24
2017-03-31 380.19 236.72 50.64
2016-12-31 414.41 223.22 98.88
2016-09-30 -152.27 995.37 34.34
2016-06-30 -62.41 916.50 86.10
2016-03-31 25.20 917.47 75.08
2015-12-31 106.34 877.32 46.73
2015-09-30 159.67 776.02 55.97
2015-06-30 262.26 776.09 91.82
2015-03-31 307.46 792.16 104.94
2014-12-31 342.65 792.22 79.92
2014-09-30 364.11 792.28 57.45
2014-06-30 350.44 776.34 98.99
2014-03-31 344.12 776.40 116.63
2013-12-31 345.29 776.46 111.53
2013-09-30 349.59 884.95 100.17
2013-06-30 355.58 887.42 95.62
2013-03-31 364.90 886.05 81.49
  • Basic Energy Services's level of debt (227.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (217.7% vs 227.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Basic Energy Services has sufficient cash runway for 2.5 years based on current free cash flow.
  • Basic Energy Services has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 22.3% each year.
X
Financial health checks
We assess Basic Energy Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Basic Energy Services has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Basic Energy Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Basic Energy Services dividends.
If you bought €2,000 of Basic Energy Services shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Basic Energy Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Basic Energy Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:B8JN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 5.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:B8JN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-01
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Basic Energy Services has not reported any payouts.
  • Unable to verify if Basic Energy Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Basic Energy Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Basic Energy Services has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Basic Energy Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Basic Energy Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Basic Energy Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Basic Energy Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Keith Schilling
AGE 46
TENURE AS CEO 0.1 years
CEO Bio

Mr. Keith Schilling serves as President, Chief Executive Officer and Director at Basic Energy Services, Inc. since January 02, 2020. Prior to joining the Company, Mr. Schilling was at Baker Hughes Company, where he served as President of Baker Hughes Canada since November 2018 and as Director, Sales and Commercial from July 2017 until November 2018. From October 2016 until June 2017, he served as President - Surface for the North America Region. Prior to his work for Baker Hughes Company and its affiliates. He served as a Senior Vice President of TETRA Technologies, Inc. since December 2014 until October 25, 2016. Prior to joining TETRA, Mr. Schilling served as Vice President Artificial Lift, North America at Schlumberger. Mr. Schilling started his career at Schlumberger in 1995 and held various managerial roles with increasing responsibility, including Vice President Wireline, North America Offshore. He earned a Bachelor of Science in Chemical Engineering from Texas A&M University and an MBA from Rotterdam University.

CEO Compensation
  • Insufficient data for Keith to compare compensation growth.
  • Insufficient data for Keith to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Basic Energy Services management team in years:

1.5
Average Tenure
52
Average Age
  • The average tenure for the Basic Energy Services management team is less than 2 years, this suggests a new team.
Management Team

James Newman

TITLE
Senior Vice President of Region Operations
COMPENSATION
$1M
AGE
55
TENURE
7.1 yrs

Keith Schilling

TITLE
CEO, President & Director
AGE
46
TENURE
0.1 yrs

David Schorlemer

TITLE
Senior VP
AGE
52
TENURE
1.5 yrs

Brett Taylor

TITLE
Vice President & CTO
COMPENSATION
$2M
AGE
46
TENURE
1.2 yrs

Pedro Buhigas

TITLE
Vice President of Information Systems & Technology
TENURE
0.9 yrs

Trey Stolz

TITLE
Vice President of Investor Relations
TENURE
2.5 yrs

Eric Lannen

TITLE
Vice President of Human Resources
COMPENSATION
$2M
AGE
53
TENURE
4.5 yrs
Board of Directors Tenure

Average tenure and age of the Basic Energy Services board of directors in years:

3.2
Average Tenure
55.5
Average Age
  • The tenure for the Basic Energy Services board of directors is about average.
Board of Directors

Julio Quintana

TITLE
Chairman
COMPENSATION
$212K
AGE
59
TENURE
0.4 yrs

Keith Schilling

TITLE
CEO, President & Director
AGE
46
TENURE
0.1 yrs

Tim Day

TITLE
Independent Director
COMPENSATION
$240K
AGE
48
TENURE
3.2 yrs

John Jackson

TITLE
Independent Director
COMPENSATION
$216K
AGE
61
TENURE
3.2 yrs

Sam Langford

TITLE
Independent Director
COMPENSATION
$202K
AGE
61
TENURE
3.2 yrs

Jim Kern

TITLE
Independent Director
COMPENSATION
$200K
AGE
52
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Feb 20 Sell Ascribe Capital, LLC Company 12. Feb 20 12. Feb 20 -800,362 €0.15 €-123,335
25. Nov 19 Sell Silver Point Capital L.P. Company 18. Nov 19 22. Nov 19 -428,451 €0.46 €-190,501
24. Oct 19 Sell Silver Point Capital L.P. Company 22. Oct 19 24. Oct 19 -600,000 €0.71 €-404,639
17. Oct 19 Sell Silver Point Capital L.P. Company 15. Oct 19 16. Oct 19 -425,000 €0.80 €-332,183
11. Oct 19 Sell Silver Point Capital L.P. Company 09. Oct 19 11. Oct 19 -234,964 €0.95 €-219,302
08. Oct 19 Sell Silver Point Capital L.P. Company 04. Oct 19 08. Oct 19 -353,499 €1.21 €-360,862
06. Jun 19 Buy Ascribe Capital, LLC Company 04. Jun 19 05. Jun 19 311,970 €2.24 €686,205
03. Jun 19 Buy Thomas Patterson Individual 03. Jun 19 03. Jun 19 51,750 €1.70 €87,755
03. Jun 19 Buy James Kern Individual 03. Jun 19 03. Jun 19 20,000 €1.78 €35,522
03. Jun 19 Buy Adam Hurley Individual 03. Jun 19 03. Jun 19 5,152 €1.73 €8,920
03. Jun 19 Buy David Schorlemer Individual 03. Jun 19 03. Jun 19 25,000 €1.73 €43,286
12. Mar 19 Buy Richard Wegner Individual 12. Mar 19 12. Mar 19 2,000 €3.56 €7,121
06. Mar 19 Sell Brett Taylor Individual 04. Mar 19 04. Mar 19 -15,711 €4.18 €-65,641
X
Management checks
We assess Basic Energy Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Basic Energy Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. The company operates through Completion and Remedial Services, Well Servicing, Water Logistics, and Contract Drilling segments. The Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; underbalanced drilling in low pressure and fluid sensitive reservoirs; and cased-hole wireline services. The Well Servicing segment provides services performed with a mobile well servicing rig and ancillary equipment, such as maintenance work, hoisting tools and equipment required by the operation, and plugging and abandonment services, as well as manufactures and sells workover rigs. As of December 31, 2018, this segment operated a fleet of 310 well servicing rigs. The Water Logistics segment is involved in the transportation of fluids; saltwater production; sale and transportation of fresh and brine water; rental of portable fracturing and test tanks; recycling and treatment of wastewater; operation of fresh water and brine source wells, and non-hazardous wastewater disposal wells; and preparation, construction, and maintenance of access roads, drilling locations, and production facilities. As of December 31, 2017, this segment owned and operated 823 fluid service trucks with an average fluid hauling capacity of up to 150 barrels apiece; and owned 83 saltwater disposal facilities. The Contract Drilling segment employs drilling rigs and related equipment to penetrate the earth to a desired depth and initiate production. This segment owns and operates 11 land drilling rigs. The company was formerly known as Sierra Well Service, Inc. and changed its name to Basic Energy Services, Inc. in 2000. Basic Energy Services, Inc. was founded in 1992 and is headquartered in Fort Worth, Texas.

Details
Name: Basic Energy Services, Inc.
B8JN
Exchange: DB
Founded: 1992
$3,273,253
23,998,334
Website: http://www.basicenergyservices.com
Address: Basic Energy Services, Inc.
801 Cherry Street,
Suite 2100,
Fort Worth,
Texas, 76102,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK BASX New Common Shares Pink Sheets LLC US USD 27. Dec 2016
DB B8JN New Common Shares Deutsche Boerse AG DE EUR 27. Dec 2016
BRSE B8JN New Common Shares Berne Stock Exchange CH CHF 27. Dec 2016
Number of employees
Current staff
Staff numbers
4,100
Basic Energy Services employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/01 00:20
End of day share price update: 2019/12/02 00:00
Last estimates confirmation: 2019/12/31
Last earnings filing: 2019/11/01
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.