Basic Energy (BASX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Basic Energy Services, Inc. (OTCQX: BASX) ("Basic" or the "Company") today announced the implementation of changes to the organizational structure of the Company, reducing the number of operating regions from five to three. Basic believes this internal consolidation will result in approximately $20 million in annual cost savings, in addition to the previously announced $17 million of expected annual cost synergies related to the acquisition of C&J Well Services ("C&J") and $20 million cost savings previously disclosed in response to market volatility related to the COVID-19 pandemic.
Basic Energy Services, Inc. has named Keith L. Schilling as president, CEO and director of the company.
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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Basic Energy Services, Inc. New York, April 03, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Basic Energy Services, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
A newly updated Antarctic Digital Database is released this week. Aimed at the science and logistics communities, the maps include updates to the ice shelf front around Thwaites Glacier in West Antarctica, a new coastline for the South Shetland Islands and up…
Q4 2019 Basic Energy Services Inc Earnings and Acquisition of the Production Operations from NexTier Call
Basic Energy (BASX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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KOTA The Friend enlisted Joey Bada$ and Bas for his newest single "B.Q.E," taken from his upcoming LP EVERYTHING. A homage to the Brooklyn Queens Expressway, the three New York natives trade verses over a jazzy, saxophone-laden beat and remind each other to …
Direct dates for human remains found in association with Initial Upper Palaeolithic artefacts at Bacho Kiro Cave (Bulgaria) demonstrate the presence of Homo sapiens in the mid-latitudes of Europe before 45 thousand years ago.
Two new studies by the British Antarctic Survey (BAS) are shedding new light on plastic waste in the Antarctic. Based on 30 years of extensive surveys of marine debris ingested by sea birds or washed up on Bird Island at South Georgia and Signy Island in the …
Food wrapping, fishing gear and plastic waste continue to reach the Antarctic. Two new studies detail how plastic debris is reaching sub-Antarctic islands.
Moody's Investors Service, ("Moody's") affirmed Keane Group Holdings, LLC's (a subsidiary of NexTier Oilfield Solutions Inc., or "NexTier") Corporate Family Rating (CFR) at B2, Probability of Default Rating (PDR) at B2-PD, and senior secured term loan rating at B3. Keane's Speculative Grade Liquidity (SGL) rating was downgraded to SGL-2 from SGL-1.
Basic Energy Services CEO T.M. "Roe" Patterson is leaving the company after 14 years.
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Moody's also concurrently affirmed the Probability of Default Rating (PDR) at Caa1-PD and senior secured 2023 notes at Caa2. The acquisition received approvals from the Board of directors of both companies. Basic will fund the acquisition with about $59 million in cash, including cash proceeds from divestments and $15 million shareholder loan from Ascribe Capital ("Ascribe", unrated).
Viewed over one lakh times, the video triggered several reactions online with many lauding the dedication of the customers. "That's called 'True Spirits'," wrote a user while commenting on the viral post.
Q3 2019 Basic Energy Services Inc Earnings Call
J. Cole's Dreamville Festival 2020 is officially canceled due to the Coronavirus (COVID-19) pandemic. Organizers of the second annual festival announced the sad news in a statement, explaining that their audience's safety is their number one priority:"After m…
Q2 2019 Basic Energy Services Inc Earnings Call
The deceased was identified as Sahil Arora, 22. He was a final-year student of Bachelors in Pharmacy at Punjab College of Technical Education (PCTE), Baddowal.
Basic Energy (BASX) delivered earnings and revenue surprises of 6.47% and -20.31%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Moody's also downgraded Speculative Grade Liquidity (SGL) rating to SGL-3 from SGL-2. "The downgrade of Basic's ratings to Caa1 reflects slow recovery in the business amid a decelerating market outlook, that we expect will keep financial leverage high", commented Elena Nadtotchi, Moody's Senior Credit Officer.
'He was waiting for final exams, wanted to start earning and share our burden...'
Food wrapping, fishing gear and plastic waste continue to reach the Antarctic. Two new studies into how plastic debris is reaching sub-Antarctic islands are published in the journal Environment International.
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Unite accuses airline of using coronavirus crisis as cover for betraying its workforceThe Unite union has claimed British Airways plans to fire the vast majority of its workforce before rehiring them on reduced pay and worse terms.BA informed unions last mont…
After dropping a new visual for "Sex Sounds" off of his standout project True 2 Myself from last October, Lil Tjay has shared his first song of 2020 titled "Ice Cold," along with accompanying visuals. Released one day after his 19th birthday on April 30, the …
Dreamville is revisiting last year’s Revenge of the Dreamers III with a new video for the ultra-stacked bop “Don’t Hit Me Right Now,” which sees rappers Bas, Cozz, Yung Baby Tate, Buddy, and Guapdad 4000 laying down some carefree bars about ignoring calls in …
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In The Number Ones, I'm reviewing every single #1 single in the history of the Billboard Hot 100, starting with the chart's beginning, in 1958, and working my way up into the present. *** Stars On 45 – "Stars On 45" HIT #1: June 20, 1981 STAYED AT #1: 1 week …
Basic Energy (BAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Current events have rendered what was going to be a summer of vast franchises, teeming cinematic universes, and interconnected megablockbusters rather moot at this point. But in these trying times, we can still turn to one heroic universe that nails the share…
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Those of you who are familiar with 1990s handheld consoles may recall that Nintendo’s Game Boy Color had an infra-red receiver and transmitter. The thought of a handheld computer with infra-red capabilities interested [jg], who immediately set about convertin…
Pete & Bas are not your everyday rappers. Proudly standing behind the “geezer rap” wave, the two old heads somehow manage to engage new-age rap culture more authentically than much of present-day youth. Aptly infusing their old school underpinnings with new-a…
KOTA The Friend has dropped off his newest album, EVERYTHING. Clocking in at just under 40 minutes, the 12-track album features a number of high-profile guest appearances from the likes of Joey Bada$ and Bas on "B.Q.E.," LaKeith Stanfield and Lupita Nyong'o …
“What does everything mean to me?” KOTA The Friend says to himself, pausing for a moment. “You know it’s crazy, Lupita [Nyong’o] actually brought something up with me. She said there are two ways you can answer the question — you can ask what everything means…