Second quarter revenue up 22% sequentially
MIDLAND, Texas, July 27, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today announced its financial and operating results for the second quarter and six months ended June 30, 2010.
Basic generated revenue of $175.1 million during the second quarter of 2010, up 22% from $143.0 million in the first quarter of 2010, and rising 47% from the $118.8 million reported in the second quarter of 2009. For the second quar...
MIDLAND, Texas, July 6, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of June 2010. During the month, Basic's well servicing rig count remained the same at 404 as of June 30, 2010. Well servicing rig hours for the month of June 2010 were 53,400, producing a rig utilization rate of 55%, an increase from 53% and 39% for May 2010 and June 2009, respectively.
Drilling rig days for the month of June 2010 we...
MIDLAND, Texas, July 6, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its 2010 second quarter results after the market closes on Tuesday, July 27, 2010. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Wednesday, July 28, 2010, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central).
What: Basic Energy Services Second Quarter 2010 Earnings Conference ...
MIDLAND, Texas, June 7, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of May 2010. During the month, Basic's well servicing rig count remained the same at 404 as of May 31, 2010. Well servicing rig hours for the month of May 2010 were 49,900, producing a rig utilization rate of 53%, an increase from 52% and 37% for April 2010 and May 2009, respectively.
Drilling rig days for the month of May 2010 were 182, ...
MIDLAND, Texas, May 24, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) announced today that the Company will be presenting at the UBS Global Oil and Gas Conference to be held in Austin, Texas May 26 - 27, 2010.
Ken Huseman, President and Chief Executive Officer, is scheduled to present on Wednesday, May 26, 2010, at approximately 11.55 a.m. Central Time. The slide presentation and a link to a live audio webcast will be available in the Investor Relations section of Basi...
MIDLAND, Texas, May 10, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of April 2010. During the month, Basic's well servicing rig count remained unchanged at 404 as of April 30, 2010. Well servicing rig hours for the month of April 2010 were 50,600 producing a rig utilization rate of 52%, a decrease from 53% in March 2010 and an increase from 37% in April 2009.
Drilling rig days for the month of April 20...
First quarter revenue up 12% sequentially
MIDLAND, Texas, April 27, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today announced its financial and operating results for the first quarter ended March 31, 2010.
Basic generated revenue of $143.0 million during the first quarter of 2010, up 12% from $128.1 million in the fourth quarter of 2009, and down 8% from the $154.7 million reported in the first quarter of 2009. For the first quarter of 2010, Basic repor...
MIDLAND, Texas, April 8, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of March 2010. During the month, Basic's well servicing rig count decreased by one rig to 404 as of March 31, 2010. Well servicing rig hours for the month of March 2010 were 54,200, producing a rig utilization rate of 53%, an increase from 47% and 41% for February 2010 and March 2009, respectively.
Drilling rig days for the month of Marc...
MIDLAND, Texas, April 7, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its 2010 first quarter results after the market closes on Tuesday, April 27, 2010. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Wednesday, April 28, 2010, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central).
What: Basic Energy Services First Quarter 2010 Earnings Conferenc...
MIDLAND, Texas, April 6, 2010 /PRNewswire via COMTEX/ --Basic Energy Services, Inc. (NYSE: BAS) announced today that the Company will be presenting at the IPAA Oil & Gas Investment Symposium New York to be held on April 12 - 14, 2010.
Ken Huseman, President and Chief Executive Officer, is scheduled to present on Wednesday, April 14, 2010, at approximately 11:40 a.m. Eastern Time. A link to a live audio webcast will be available in the Investor Relations section of Basic's website at http:/...
MIDLAND, Texas, March 9, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of February 2010. During the month, Basic's well servicing rig count remained unchanged at 405 as of February 28, 2010. Well servicing rig hours for the month of February 2010 were 41,700 producing a rig utilization rate of 47%, an increase from 43% and 46% in January 2010 and February 2009, respectively.
Drilling rig days for the month...
MIDLAND, Texas, March 4, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) announced today that the Company will be presenting at the Raymond James & Associates 31st Annual Institutional Investor Conference to be held in Orlando, Florida on March 7 - 10, 2010.
Ken Huseman, President and Chief Executive Officer, is scheduled to present on Wednesday, March 10, 2010, at approximately 1:40 p.m. Eastern Time. The slide presentation and a link to a live audio webcast will b...
MIDLAND, Texas, Feb 23, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today announced its financial and operating results for the fourth quarter and twelve months ended December 31, 2009.
Basic generated revenue of $128.1 million during the fourth quarter of 2009, up 3% from $125.0 million in the third quarter of 2009, and down from the $246.0 million reported in the fourth quarter of 2008. For the fourth quarter of 2009, Basic reported a net loss of $24.2 m...
MIDLAND, Texas, Feb 12, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of January 2010. During the month, Basic's well servicing rig count remained unchanged at 405 as of January 31, 2010. Well servicing rig hours for the month of January 2010 were 39,800, producing a rig utilization rate of 43%, an increase from 39% in December 2009 and a decrease from 49% recorded in January 2009.
Drilling rig days for t...
MIDLAND, Texas, Feb 02, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its 2009 fourth quarter and year end results after the market closes on Tuesday, February 23, 2010. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Wednesday, February 24, 2010, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central).
What: Basic Energy Services Fourth Quarter 200...
MIDLAND, Texas, Jan 06, 2010 /PRNewswire via COMTEX/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of December 2009. During the month, Basic added four newbuild well servicing rigs and retired 12 rigs, decreasing its well servicing rig count to 405 as of December 31, 2009. Well servicing rig hours for the month of December 2009 were 39,100 producing a rig utilization rate of 39%, a decrease from 41% and 51% recorded in November 2009 and...
