Basic Energy Services, Inc. · Midland, TX United States ·(NYSE: BAS)
Company Description
Phone: 432-620-5500
Fax: 432-620-5501
Rankings
- S&P 600
View Basic Energy Services, Inc. Locations On A US Map
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This link will open in a new window Oil and gas producers turn to Basic Energy Services for the fundamentals. The company provides well site services with its fleet of well-servicing rigs (at more than 410, the third-largest in the US behind Key Energy Services and Nabors Industries ), 820 fluid service trucks, and related equipment. These services include acidizing, cementing, fluid handling, fracturing, well construction, well maintenance, and workover. Basic Energy Services serves about 2,000 producers operating in Louisiana, New Mexico, Oklahoma, and Texas. It also has a contract drilling operation. Investment firm DLJ Merchant Banking Partners III, L.P., owns 44.4% of the company. To read the full description, subscribe now.
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Key Basic Energy Services, Inc. Financials
| Company Type | Public - NYSE: BAS Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,004.9 |
| 2008 Employees | 5,000 |
Basic Energy Services, Inc. Executives
15 executives listed for Basic Energy Services, Inc.'s Midland, TX location.
| Title | Name & Bio | Contact |
| Chairman | Steven Webster | Network |
| President, CEO, and Director | Kenneth Huseman | Network |
| SVP Operations Support | Charles Swift | Network |
Competition
Competitive Landscape for Basic Energy Services, Inc.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Basic Energy Services, Inc. Competitors
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