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Enter Symbol:
Basic Energy Services, Inc. (BAS) [hlAlert]

down 80.87 %

Basic Energy Services, Inc. (BAS) rated Buy

Posted on: Monday,  Nov 12, 2007  9:25 AM ET by Lehman Brothers

Lehman Brothers rated Buy Basic Energy Services, Inc. (NYSE: BAS) on 11/12/2007. Previously Lehman Brothers rated Buy Basic Energy Services, Inc. (NYSE: BAS)
on 08/10/2007., when the stock price was $21.28. Since then, Basic Energy Services, Inc. has lost 80.87% as of 12/14/2015's recent price of $4.07.
If you would have followed the previous Lehman Brothers's recommendation on BAS, you would have lost 80.87% of your investment in 3048 days.

Basic Energy Services, Inc. provides a range of well site services to oil and gas drilling and producing companies. The Company operates in four business segments: well servicing, fluid services, completion and remedial services, and contract drilling. Well servicing segment encompasses a range of services performed with a mobile well servicing rig. Through the fluid services segment, it provides, transports, stores and disposes of a variety of fluids, and provides well site construction and maintenance services. The completion and remedial services segment provides pressure pumping services focused on cementing, acidizing and fracturing services. Contract drilling segment operates nine drilling rigs and related equipment. On January 28, 2008, it acquired Xterra Fishing and Rental Tools Co. On September 26, 2008, it acquired substantially all of the operating assets of Azurite Services Company, Inc., Azurite Leasing Company, LLC and Freestone Disposal, L.P. (collectively, Azurite).

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2007 9:25 AM Buy
20.04 26.00
as of 8/27/2015
1 Week down  -0.24 %
1 Month down  -46.16 %
3 Months down  -56.88 %
1 YTD down  -74.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2007 9:25 AM Buy
21.28 30.00

(*) Stock Price at the time of the recommendation.
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