BASX News and Press, Basic Energy Services Inc From 05/27/20

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced the implementation of changes to the organizational structure of the Company, reducing the number of operating regions from five to three. Basic believes this internal consolidatio...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic”) announced today the successful testing of an automated water management solution with a major US operator. The solution provides a step change in efficiency, allowing the client to simply manage their water volumes within their...

Basic Energy Services ( BASX +7.7% ) says it is cutting 2020 capital spending by 60% to $17M from previous plans to spend $43M and will suspending all new capital lease additions. More news on: Basic Energy Services, Inc., Energy stocks news, Stocks on the move, Read more ... ...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced that the Company is implementing several cost control and capital preservation measures in response to the rapidly changing market outlook in a lower commodity price environment as...

Basic Energy Services, Inc. (BASX) Q4 2019 Earnings Conference Call March 12, 2020, 09:00 AM ET Company Participants Trey Stolz - Director of IR Keith Schilling - President and CEO David Schorlemer - SVP, CFO, Treasurer and Secretary Adam Hurley - VP, Strategy and Business Deve...

NexTier Oilfield Solutions ( NEX -41.6% ) sells  its Well Support Services segment to Basic Energy Services ( BASX -22.6% ) for $93.7M. More news on: NexTier Oilfield Solutions Inc., Basic Energy Services, Inc., Energy stocks news, Read more ...

Investor Call Rescheduled for 10:30 A.M. ET / 9:30 A.M. CT Today Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced its financial and operating results for the fourth quarter and full year ended December 31, 2019. RECEN...

Transformative Transaction Expands Basic’s Customer Base and Footprint in Key Oil Basins Pro Forma Adjusted EBITDA of Approximately $102 Million in 2019 Delivers Significant Free Cash Flow and an Enhanced Credit Profile Expects to Achieve $17 Million in Annual Run-Rate...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced the appointment of Keith L. Schilling as President, Chief Executive Officer and director, effective January 2, 2020. Mr. Schilling is an accomplished professional with over two dec...

Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced a plan to divest of its pumping services assets (not inclusive of coiled tubing) in multiple transactions with expected proceeds of approximately $30 to $45 million. Despite the re...