Basic Energy Services Inc

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  • uploads///Broker Recommendations
    Energy & Utilities

    What Analysts Recommend for TechnipFMC after Q2 Earnings

    As of July 25, the day TechnipFMC released its Q2 2018 earnings, approximately 67% of Wall Street analysts tracking TechnipFMC rated it a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Energy & Utilities

    National Oilwell Varco: Analysts’ Forecasts before Its Earnings

    As of July 16, sell-side analysts’ mean target price for National Oilwell Varco was $37.7. Currently, National Oilwell Varco is trading at ~$43.9.

    By Alex Chamberlin
  • uploads///Energy MWU_ Analysts
    Energy & Utilities

    Analyzing Wall Street’s Targets for GPOR, KOS, IO, and BAS

    To conclude our series on the biggest movers in the upstream and oilfield service sectors, we’ll now look at Wall Street’s recommendations for this week’s strongest and weakest stocks.

    By Nicholas Chapman
  • uploads///Energy MWU_ OFS Gainers
    Energy & Utilities

    Oilfield Service Gainers: IO, RES, TTI, BAS, and AROC

    In this part, we’ll analyze the top percentage gainers in the US oilfield service sector this week.

    By Nicholas Chapman
  • uploads///Broker Recommendations
    Consumer

    What Wall Street Forecasts for Halliburton ahead of 1Q18 Earnings

    As of January 16, 2018, 89% of Wall Street analysts tracking Halliburton rated it a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///Energy MWU_ OFS Losses
    Energy & Utilities

    Superior Energy Services: Top Declining Stock in the OFS Industry

    In the current week starting on March 26, 2018, Superior Energy Services (SPN) has the top losses in the oilfield services sector.

    By Nicholas Chapman
  • uploads///Energy MWU_ OFS Losers
    Energy & Utilities

    Basic Energy Services: Biggest Loss in the Oilfield Services Industry

    In the current week starting on March 19, 2018, Basic Energy Services (BAS) was the top declining stock in the oilfield services sector.

    By Nicholas Chapman
  • uploads///Broker Recommendations
    Consumer

    What Wall Street Analysts Recommend for Halliburton

    On February 15, 2018, approximately 92% of the Wall Street analysts tracking Halliburton rated it a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Energy & Utilities

    Wall Street’s Forecasts for Baker Hughes after Its 4Q17 Earnings

    In this article, we’ll look at Wall Street analysts’ forecasts for shares of Baker Hughes, a GE company (BHGE) following its 4Q17 earnings release.

    By Alex Chamberlin
  • uploads///NA Rev and Rig count
    Consumer

    Will the Rig Count Impact Halliburton’s Earnings in 4Q17?

    From September 29, 2017, until the week ending December 29, 2017, the US rig count fell 1% and finished at 929.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Energy & Utilities

    What Wall Street Forecasts for National Oilwell Varco

    Approximately 24% of the Wall Street analysts tracking National Oilwell Varco rated it a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///Energy MWU_ Oilfield Losers
    Energy & Utilities

    The Top Declining Stock in Oilfield Services so Far This Week

    So far this week (as of November 14), Superior Energy Services (SPN) has fallen from $9.45 to $8.31, which represents a ~12% decline.

    By Nicholas Chapman
  • uploads///Broker Recommendations
    Energy & Utilities

    Wall Street Analysts’ Recommendations for TechnipFMC

    In this article, we’ll look at Wall Street analysts’ recommendations for TechnipFMC (FTI) on November 9.

    By Alex Chamberlin
  • uploads///Upstream cape and EBITA
    Energy & Utilities

    Linking TechnipFMC’s Margin to Upstream Operators’ Capex

    From 2Q17 to 3Q17, TechnipFMC’s (FTI) EBITDA margin (or EBITDA as a percentage of revenues) fell from 13.7% to 10.1%.

    By Alex Chamberlin
  • uploads///Energy MWU_ Analysts
    Energy & Utilities

    Analyzing Wall Street Targets for CRC, COG, BAS, and AROC

    To conclude our series on the biggest movers in the refining, marketing, and integrated energy sector, we’ll now look at Wall Street recommendations for the leading gainers and decliners this week.

    By Nicholas Chapman
  • uploads///Energy MWU_ OFS Gainers
    Energy & Utilities

    Oilfield Services Gainers: BAS, SPN, BHGE, IO, and NOV

    In this part of our series, we’ll analyze the top percentage gainers from the oilfield services sector in the United States this week.

    By Nicholas Chapman
  • uploads///SI
    Basic Materials

    A Look at Short Interest in Flotek Industries on October 16

    Short interest in Flotek Industries (FTK) as a percentage of its float was 20.3% on October 16, 2017, compared to 22.8% on June 30, 2017.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Energy & Utilities

    Wall Street’s Recommendations on Schlumberger before 3Q17 Earnings

    On October 2, 2017, a Reuters survey reported that 72% of the Wall Street analysts tracking Schlumberger rated it as a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///energy_mwu__ofs_gainers
    Basic Materials

    Oilfield Services Gainers: FTK, KEG, BAS, DWSN, and AROC

    In the week starting October 2, 2017, Flotek Industries (FTK) is at the top of the list of gainers from the oilfield services group.

    By Nicholas Chapman
  • uploads///Energy WU_ OFS Gainers
    Energy & Utilities

    Rising Oilfield Service Stocks: BAS, EXH, TESO, WFT, and KEG

    In this part of our series, we’ll analyze the top percentage gainers from the oilfield service sector in the United States this week.

    By Nicholas Chapman
  • uploads///IV
    Energy & Utilities

    Basic Energy Services’ Next-7-Day Stock Price Forecast

    Since 2Q17 earnings were announced on July 27, Basic Energy Services’ implied volatility (or IV) has risen from 62% to the current level.

    By Alex Chamberlin
  • uploads///FCF
    Consumer

    Basic Energy Services’ 2017 Capex Budget: Must-Knows

    Basic Energy Services’ (BAS) cash from operating activities (or CFO) improved in 2Q17 over 2Q16—although it remained marginally negative.

    By Alex Chamberlin
  • uploads///Segments
    Consumer

    Basic Energy Services’ Important Drivers in 2Q17

    On October 25, 2016, Basic Energy Services (BAS) filed for bankruptcy after persistently weak performance because the energy market was gripped with pricing weakness.

    By Alex Chamberlin
  • uploads///Stock Price and outlook
    Energy & Utilities

    Analyzing Basic Energy Services’ Outlook in 2017

    Basic Energy Services’ (BAS) management expects steady well completion activity until mid-2018, which should benefit the company.

    By Alex Chamberlin
  • uploads///EnergySector_WU__OFS Losers
    Energy & Utilities

    Basic Energy Services: The Only Declining Oilfield Services Stock

    In the week starting September 11, Basic Energy Services (BAS) fell from $15.66 to $14.98—a decrease of ~4%.

    By Nicholas Chapman
  • uploads///Upstream capex and EBITDA
    Basic Materials

    What’s Affected National Oilwell Varco’s Margin in 2017

    Upstream operators’ capex cut Between 2Q16 and 2Q17, 19 of the largest US energy exploration and production companies, in aggregate, slashed their capex by 8%. In general, lower upstream capex results in lower revenue and narrower operating margins for oilfield services and equipment companies. National Oilwell Varco’s earnings margin As shown in the graph above, National Oilwell […]

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Consumer

    What Halliburton’s Margin Has to Do with Upstream Operators’ Capex

    From 2Q16 to 2Q17, Halliburton’s (HAL) EBITDA margin (or EBITDA as a percentage of revenues) rose from 12% to 16%.

    By Alex Chamberlin
  • uploads///MA Price
    Consumer

    Schlumberger’s Stock Price Is Bearish

    Since January, Schlumberger’s stock price has fallen. It reached a one-year low in August. Schlumberger’s revenue has been steady in the past five quarters.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Energy & Utilities

    What Wall Street Predicts for Basic Energy Services

    On August 1, 2017, ~50% of the sell-side analysts tracking Basic Energy Services rated it a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///EPS
    Earnings Report

    Basic Energy Services’ 2Q17 Earnings Beat Estimates

    Basic Energy Services (BAS) released its 2Q17 financial results on July 27, 2017.

    By Alex Chamberlin
  • uploads///Stock Prices
    Earnings Report

    What’s the Outlook for PTEN, BHGE, and BAS?

    Since the beginning of 2017, Patterson-UTI Energy (PTEN) stock has returned -28% as of August 1.

    By Alex Chamberlin
  • uploads///NA Revenue and Rig Count
    Earnings Report

    Will the Rig Count Affect Halliburton in 2Q17?

    From March 31, 2017, until the week ending July 7, 2017, the US rig count rose 16% to 952. The increased US rig count could raise Halliburton’s 2Q17 revenues.

    By Alex Chamberlin
  • uploads///Stock Prices
    Miscellaneous

    National Oilwell Varco Stock for 1 Year as of July 7

    In the past year, as of July 7, 2017, National Oilwell Varco (NOV) stock has fallen 2.0%. The VanEck Vectors Oil Services ETF (OIH) has underperformed NOV.

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    How Upstream Operators’ Capex Cuts Could Affect Halliburton

    From 1Q16 to 1Q17, Halliburton’s (HAL) EBITDA margin remained nearly unchanged at 13.7%.

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    Upstream Operators’ Capex and Oilfield Services’ Margins in 1Q17

    From 4Q16 to 1Q17, National Oilwell Varco’s (NOV) EBITDA margin improved dramatically from -35% to 4.5%.

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    Will Upstream Operators’ Capex Affect NOV’s Margins in 2017?

    In the past couple of years, some of the major US upstream and integrated companies have reduced their capital expenditures, following crude oil’s sharp price decline.

    By Alex Chamberlin
  • uploads///SI
    Miscellaneous

    What Was the Short Interest in Basic Energy Services on May 8?

    Short interest in Basic Energy Services (BAS) as a percentage of its float is 4.4% as of May 8 compared to 4.6% as of March 31, 2017.

    By Alex Chamberlin
  • uploads///IV
    Miscellaneous

    What’s Basic Energy Services’ Stock Price Forecast?

    On May 8, 2017, Basic Energy Services’ (BAS) implied volatility was ~57%.

    By Alex Chamberlin
  • uploads///RV
    Miscellaneous

    What’s Basic Energy Services’ Valuation?

    Basic Energy Services’ debt-to-equity (or leverage) multiple is lower than the peer average.

    By Alex Chamberlin
  • uploads///HV
    Miscellaneous

    What Does Basic Energy Services’ Historical Valuation Suggest?

    On March 31, 2017, Basic Energy Services’ (BAS) stock price had fallen 6% from December 30, 2016.

    By Alex Chamberlin
  • uploads///Upstream capex and EBITDA
    Miscellaneous

    Will Upstream Operators’ Capexes Affect Basic Energy’s Q1 Margin?

    In the past couple of years, some major US upstream and integrated companies have reduced their capital expenditures (capex) following crude oil price’s sharp fall.

    By Alex Chamberlin
  • uploads///Segment Revenue
    Miscellaneous

    What Factors Are Affecting Basic Energy Services?

    Now, let’s look at Basic Energy Services’ (BAS) segment-by-segment performance. The company’s Completion & Remedial Services segment accounted for 44% its 1Q17 revenue.

    By Alex Chamberlin
  • uploads///Stock Price and Outlook
    Miscellaneous

    Analyzing Basic Energy Services’ Future Drivers

    Basic Energy Services’ (BAS) management expects increased rig utilization and better pricing to result in a higher operating margin in 1Q17.

    By Alex Chamberlin
  • uploads///Reemergence
    Miscellaneous

    Can Basic Energy Grow after Emerging from Bankruptcy?

    On October 25, 2016, Basic Energy Services (BAS) filed for bankruptcy after a persistently weak performance in an energy market that was gripped by pricing weakness.

    By Alex Chamberlin
  • uploads///MA Price
    Miscellaneous

    Why Is Basic Energy Services’ Stock Price Bearish?

    On May 8, 2017, Basic Energy Services’ stock price was trading at $27.29, a fall of ~23% since the beginning of 2017. In this series, we’ll analyze why.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Wall Street’s Forecasts for NOV before Its 1Q17 Earnings

    In this article, we’ll take a look at Wall Street analysts’ forecasts for National Oilwell Varco (NOV) leading up to its 1Q17 earnings.

    By Alex Chamberlin
  • uploads///Broker REcommendations
    Miscellaneous

    Wall Street’s Forecast for Weatherford International on April 13

    Wall Street analysts’ mean target price for WFT on April 13, 2017, was $7.68. WFT was trading at $6.06 that day.

    By Alex Chamberlin
  • uploads///Broker Recommendations
    Miscellaneous

    Wall Street’s Forecasts for Halliburton before Its 1Q17 Earnings

    On April 7, 2017, 92% of the analysts tracking Halliburton (HAL) rated it a “buy” or some equivalent. Approximately 5% of the analysts tracking HAL recommended a “hold,” while the remaining 3% rated it a “sell” or some equivalent.

    By Alex Chamberlin
  • uploads///Versum
    Macroeconomic Analysis

    Versum to Be Added to the S&P Mid-Cap 400

    Versum Materials (VSM), a spin-off company of Air Products and Chemicals, will be added to the S&P MidCap 400 after the close of trading on September 26.

    By Peter Neil
  • Energy & Utilities

    Snapshot: Comparing Seventy Seven Energy to its peers

    Seventy Seven Energy (SSE) is a well-field services company that carries out activities like drilling, hydraulic fracturing, rig relocation, and fluid handling and disposal.

    By Alex Chamberlin
  • Energy & Utilities

    Seventy Seven Energy’s oilfield trucking and rental businesses

    SSE’s oilfield rentals segment provides rental tools and services for drilling, completion, and other activities for land-based oil and natural gas producers.

    By Alex Chamberlin
  • Energy & Utilities

    An overview of Seventy Seven Energy’s fracturing service business

    In this segment, Seventy Seven Energy’s (SSE) portfolio now consists of nine hydraulic fracturing fleets with a combined 360 thousand horsepower capacity.

    By Alex Chamberlin
  • uploads///SSEs revenues
    Energy & Utilities

    Why Chesapeake Energy spun off its oilfield service business

    On July 1, 2014, Chesapeake Energy (CHK) spun off its oilfield service business into an independent publicly traded company called Seventy Seven Energy Inc. (SSE).

    By Alex Chamberlin
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