Basic Energy Services (BAS) 0.55 $BAS Basic Ene
Post# of 273254
Basic Energy Services Enters Into Forbearance Agreement And Obtains Waivers To Continue Deleveraging Negotiations With Secured Lenders And Unsecured Bondholders
PR Newswire - Wed Sep 14, 4:37PM CDT
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company" and certain subsidiaries today announced that the Company, its secured term loan lenders and secured asset-based revolver lenders (collectively, the "Secured Lenders", and certain of its unsecured bondholders have taken steps to enable the continuation of negotiations regarding a deleveraging transaction.
BAS: 0.55 (-0.01)
Research Reports Coverage on Oil & Gas Stocks -- Basic Energy Services, Oceaneering Intl., RPC Inc., and NOW Inc.
PR Newswire - Thu Sep 08, 7:05AM CDT
The U.S. Oil and Gas Equipment and Services industry is very competitive in foreign markets, especially with Chinese and South Korea. Given the volatility in oil prices, companies in this space are constantly developing new and low cost extraction and production methods to maintain advantage over rivals. In today's pre-market research, Stock-Callers.com has initiated research reports on the following equities: Basic Energy Services Inc. (NYSE: BAS), Oceaneering International Inc. (NYSE: OII), RPC Inc. (NYSE: RES), and NOW Inc. (NYSE: DNOW). These stocks research reports can be downloaded now by simply registering for free at:
RES: 15.87 (+0.43), OII: 25.61 (+0.30), DNOW: 19.81 (+0.58), BAS: 0.55 (-0.01)
Basic Energy Services Announces Receipt Of NYSE Continued Listing Standard Notice
PR Newswire - Mon Aug 22, 5:00PM CDT
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company" today announced the receipt on August 19, 2016 of formal notice of non-compliance (the "NYSE Notice" with the New York Stock Exchange (the "NYSE" market capitalization and share price continued listing standards. Section 802.01B of the NYSE Listed Company Manual (the "Manual" prohibits the Company's average global market capitalization over a consecutive thirty trading-day period from being less than $50,000,000 at the same time its stockholders' equity is less than $50,000,000. Section 802.01C of the Manual requires the average closing price of the Company's common shares to be at least $1.00 per share over a consecutive thirty trading-day period. As noted in the NYSE Notice, as of August 18, 2016, the average closing price of Basic's common shares over the preceding 30 trading-day period was $0.98 per share, the average global market capitalization over the preceding thirty trading-day period was approximately $41.7 million and the last reported stockholders' deficit was approximately ($62.4) million as of June 30, 2016.
BAS: 0.55 (-0.01)
Basic Energy Services Announces Decision To Utilize Interest Payment Grace Period To Continue Deleveraging Discussions With Term Loan Lenders And Unsecured Bondholders
PR Newswire - Mon Aug 15, 5:00AM CDT
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company" today announced that it has elected to utilize the 30-day grace period with respect to an $18.4 million interest payment due today on its 7.75% senior notes due 2019 (the "2019 Notes". Under the terms of the indenture governing the 2019 Notes (the "2019 Notes Indenture", the Company has a 30-day grace period after the interest payment date before an event of default would occur on September 14, 2016. Basic believes it is in the best interests of all stakeholders to use the grace period to continue to engage in discussions with its secured and unsecured debtholders regarding strategic alternatives to improve Basic's long-term capital structure. There are no discussions underway that would impair trade vendors, customers, or employees in any regard, and the Company believes that it has ample liquidity at this time to continue efficient and uninterrupted operations in the ordinary course.
BAS: 0.55 (-0.01)
Oil & Gas Equipment & Services Stocks Review -- Helix Energy Solutions Group, Basic Energy Services, RPC Inc., and Oceaneering Intl.
PR Newswire - Wed Jun 08, 7:20AM CDT
On Tuesday, June 07, 2016, the NASDAQ Composite ended the trading session at 4,961.75, down 0.14%; the Dow Jones Industrial Average advanced 0.10% to finish at 17,938.28; and the S&P 500 closed at 2,112.13, up 0.13%. The gains were broad based as eight out of nine sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: Helix Energy Solutions Group Inc. (NYSE: HLX), Basic Energy Services Inc. (NYSE: BAS), RPC Inc. (NYSE: RES), and Oceaneering International Inc. (NYSE: OII). Learn more about these stocks by accessing their free trade alerts at:
RES: 15.87 (+0.43), OII: 25.61 (+0.30), HLX: 7.43 (+0.06), BAS: 0.55 (-0.01)
Basic Energy Services to Present at the Bank of America Merrill Lynch 2016 Energy Credit Conference
PR Newswire - Fri Jun 03, 6:00AM CDT
Basic Energy Services, Inc. (NYSE: BAS) announced today that its management will be presenting at the Bank of America Merrill Lynch 2016 Energy Credit Conference to be held in New York City on June 7 - 8, 2016.
BAS: 0.55 (-0.01)
Basic Energy reports 1Q loss
Automated Insights - Wed Apr 20, 5:53PM CDT
FORT WORTH, Texas (AP) _ Basic Energy Services Inc. (BAS) on Wednesday reported a loss of $83.3 million in its first quarter.
BAS: 0.55 (-0.01)
Basic Energy Services Reports First Quarter 2016 Results
PR Newswire - Wed Apr 20, 5:45PM CDT
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" or the "Company" today announced its financial and operating results for the first quarter ended March 31, 2016.
BAS: 0.55 (-0.01)
Global Remote Enters Into Service Agreement With Basic Energy Service
Marketwired - Thu Apr 14, 5:31AM CDT
Global Remote Technologies Ltd. (CSE: RGT)(FRANKFURT: GR9) (The "Company" or "Global Remote" is pleased to announce it has entered into a service agreement with Basic Energy Services Inc. (NYSE: BAS) a leader in the US oil and gas well servicing industry. This significant service agreement will allow BAS to utilize Global Remote Technologies' patent pending "Helix" downhole well stimulation technology for their multitude of oil and gas clientele from the Rocky Mountains to the Gulf Coast and California to the Appalachian Region.
BAS: 0.55 (-0.01)
Basic Energy Services Announces Fourth Quarter And Year End 2015 Earnings Release And Conference Call Schedule
PR Newswire - Fri Jan 22, 5:00AM CST
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" announced today it will release its fourth quarter and year end 2015 financial results after the market closes on Thursday, February 18, 2016. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Friday, February 19, 2016, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).
BAS: 0.55 (-0.01)
Basic Energy Services updates December 2015 selected operating data
M2 - Wed Jan 13, 6:27AM CST
Well services company Basic Energy Services (NYSE:BAS) stated on Tuesday that its well servicing rig count remained unchanged at 421 for the month of December 2015.
BAS: 0.55 (-0.01)
Basic Energy Services updates November 2015 selected operating data
M2 - Tue Dec 15, 6:20AM CST
Well site services company Basic Energy Services (NYSE:BAS) stated on Monday that its well servicing rig count remained unchanged at 421 for November 2015.
BAS: 0.55 (-0.01)
Basic Energy Services Reports Selected Operating Data For November 2015
PR Newswire - Mon Dec 14, 5:00AM CST
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" today reported selected operating data for the month of November 2015. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 37,600 producing a rig utilization rate of 39%, compared to 44% and 67% in October 2015 and November 2014, respectively.
BAS: 0.55 (-0.01)
BUYINS.NET: SPSC, FAF, SOL, BAS, OKS, CIR Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Mon Dec 07, 6:21AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of SPS Commerce Inc (NASDAQ:SPSC), First American Financial Corp (NYSE:FAF), Soltoro Ltd (NYSE:SOL), Basic Energy Services Inc (NYSE:BAS), ONEOK PARTNERS, L.P. (NYSE:OKS), CIRCOR INTERNATIONAL, INC. (NYSE:CIR) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
SOL: 1.01 (+0.05), SPSC: 73.42 (+1.50), OKE: 49.64 (+0.70), OKS: 39.26 (+1.10), FAF: 41.33 (+0.31), BAS: 0.55 (-0.01), CIR: 59.72 (+1.64)
Basic Energy Services to Present at Investor Conferences during the First Two Weeks of December
PR Newswire - Fri Nov 20, 10:08AM CST
Basic Energy Services, Inc. (NYSE: BAS) announced today that its management will be presenting at three institutional investor conferences during the first two weeks of December 2015.
BAS: 0.55 (-0.01)
Basic Energy Services updates selected operating data for October 2015
M2 - Thu Nov 12, 5:16AM CST
Well site company Basic Energy Services (NYSE:BAS) stated on Wednesday that its well servicing rig count remained unchanged at 421 for the month of October 2015.
BAS: 0.55 (-0.01)
Basic Energy Services Reports Selected Operating Data For October 2015
PR Newswire - Wed Nov 11, 5:30PM CST
Basic Energy Services, Inc. (NYSE: BAS) ("Basic" today reported selected operating data for the month of October 2015. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 44,400 producing a rig utilization rate of 44%, compared to 46% and 73% in September 2015 and October 2014, respectively.
BAS: 0.55 (-0.01)
Basic Energy Services to Present at Stephens Fall Investment Conference
PR Newswire - Fri Nov 06, 10:45AM CST
Basic Energy Services, Inc. (NYSE: BAS) announced today that its management will be presenting at the Stephens Fall Investment Conference to be held in New York City on November 10, 2015.
BAS: 0.55 (-0.01)