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

Hold BAS
up 415.57 %

Basic Energy Services, Inc. (BAS) upgraded to Hold with price target $4 by Wunderlich

Posted on: Monday,  Aug 31, 2015  8:25 AM ET by Wunderlich

Wunderlich rated Hold Basic Energy Services, Inc. (NYSE: BAS) on 08/31/2015. Previously Wunderlich rated Sell Basic Energy Services, Inc. (NYSE: BAS) on
02/24/2014., when the stock price was $23.51. Since then, Basic Energy Services, Inc. has lost 80.60% as of 08/31/2015's recent price of $4.56.
If you would have followed the previous Wunderlich's recommendation on BAS, you would have gained 415.57% of your investment in 553 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).

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/31/2015 8:25 AM Hold
4.56 4.00
as of 8/27/2015
1 Week up  0.24 %
1 Month up  46.16 %
3 Months up  56.88 %
1 YTD up  74.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2014 8:25 AM Sell
23.51 19.00
10/28/2013 8:25 AM Sell
13.27 10.00
7/29/2013 8:25 AM Hold
12.11 11.00
2/21/2013 8:25 AM Hold
14.33 13.00
12/14/2012 8:25 AM Hold
10.21 9.00
10/19/2012 8:25 AM Hold
11.99 12.00
10/19/2012 8:25 AM Hold
11.99 12.00
9/20/2012 8:25 AM Hold
12.50 14.00
4/29/2010 8:25 AM Buy
10.21 14.00
5/28/2009 8:25 AM Buy
9.89 14.00

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