Basic Energy Services Inc (BASX, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Basic Energy Services Inc provides well site services to oil and natural gas drilling and producing companies. Its operations are grouped into Completion and Remedial Services, Fluid Services, Well Servicing, and Contract Drilling. Basic Energy Services Inc has a market cap of $1.996 million; its shares were traded at around $0.08 . GuruFocus has detected 4 severe warning signs with Basic Energy Services Inc. .
For the last quarter Basic Energy Services Inc reported a revenue of $121.9 million, compared with the revenue of $230.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $567.3 million, a decrease of 41.2% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Basic Energy Services Inc had an average revenue decline of 10.4% a year.
The reported loss per diluted share was $6.96 for the year, compared with the loss per share of $1675.8 in the previous year. The Basic Energy Services Inc had an operating margin of -8.38%, compared with the operating margin of -7.84% a year before. The 10-year historical median operating margin of Basic Energy Services Inc is -5.01%. The profitability rank of the company is 2 (out of 10).
At the end of the fiscal year, Basic Energy Services Inc has the cash and cash equivalents of $36.2 million, compared with $90.3 million in the previous year. The company had no long term debt, compared with $322.7 million in the previous year. Basic Energy Services Inc has a financial strength rank of 3 (out of 10).
At the current stock price of $0.08, Basic Energy Services Inc is traded at 99% discount to its historical median P/S valuation band of $8.05. The P/S ratio of the stock is 0.00, while the historical median P/S ratio is 0.36. The stock lost 98.18% during the past 12 months.
For the complete 20-year historical financial data of BASX, click here.
