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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Basic Energy Corp.    BGYYF   PHY0718K1017

BASIC ENERGY CORP.

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2018BASIC ENERGY : 3Q Earnings Snapshot
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2018BASIC ENERGY : 2Q Earnings Snapshot
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2018BASIC ENERGY : 1Q Earnings Snapshot
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Basic Energy: 3Q Earnings Snapshot

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11/01/2018 | 07:22pm EDT

FORT WORTH, Texas (AP) _ Basic Energy Services Inc. (BAS) on Thursday reported a loss of $27.3 million in its third quarter.

On a per-share basis, the Fort Worth, Texas-based company said it had a loss of $1.03. Losses, adjusted for non-recurring costs, were 94 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 72 cents per share.

The oil and gas field service company posted revenue of $246.3 million in the period.

Basic Energy shares have decreased 67 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.81, a fall of 59 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAS at https://www.zacks.com/ap/BAS

Automated Insights, source Associated Press News

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Managers
NameTitle
Oscar L. de Venecia President, Chief Executive Officer & Director
Oscar C. de Venecia Chairman
Alberto P. Morillo Vice President-Operations
Alain S. Pangan Vice President-Finance
Oscar S. Reyes Independent Director
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