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Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced its financial and operating results for the third quarter ended September 30, 2020. Third Quarter 2020 Results Reported revenues from continuing operations of $...
Basic Energy Services (BASX) says CFO David Schorlemer is resigning effective Oct. 9, 2020 to pursue other business interests.The board approved the appointment of Adam Hurley to serve as EVP, CFO, Treasurer and Secretary of the Company, effective Oct. 10.In addition, board also approved the ...
Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced the decision of CFO David Schorlemer to resign in order to pursue other interests. He will remain as the Executive Vice President, Chief Financial Officer, Treasurer and Secr...
Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) was recognized with the top ranking in customer satisfaction in EnergyPoint Research’s 2020 Oilfield Services Customer Satisfaction Survey. The Company rated first in Workovers and Well Ser...
BASX Grows In Size, But Is Yet To Be Stable Source Basic Energy Services ( BASX ) has partially transformed its business and is now oriented toward energy production and midstream servicing. However, it is not fully insulated from the vagaries of the completions activity and the effect...
Basic Energy Services ( OTC:BASX ) : Q2 GAAP EPS of -$1.59. More news on: Basic Energy Services, Inc., Earnings news and commentary, Energy stocks news, , Read more ...
Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced its financial and operating results for the second quarter ended June 30, 2020. Second Quarter 2020 Results Reported revenues from continuing operations of $89.6 millio...
The energy industry downturn caused another 446 job losses in Texas over the past week, with another 537 that could be added if their employer cannot sort out bankruptcy issues. More news on: Basic Energy Services, Inc., Exterran Corporation, Energy stocks news, Stocks on the move, R...
Basic Energy Services ( BASX -1.6% ) is consolidating operations in moves it says will save $20M/year. More news on: Basic Energy Services, Inc., Energy stocks news, Read more ...
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...
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Axis, Berry and Select to Serve as Proposed “Stalking Horse” Bidders in Court-Supervised Sale Process Sale Processes to Be Facilitated Through Voluntary Chapter 11 Filing Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Co...
Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced that the termination date in the existing Forbearance Agreement with its ABL lenders and the existing Ascribe Consent Letter has been extended to May 23, 2021, and that the l...
Basic Energy Services, Inc. (OTCQX: BASX) (“Basic” or the “Company”) today announced it has entered into a purchase and sale agreement for the sale of certain non-core assets for a purchase price of $6.6 million, not including the assumption of certain capita...