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Oil & Gas Equipment & Services News
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Basic Energy Services Reports Selected Operating Data for February 2010
Tue 5:00 pm ET (PR Newswire)
Basic Energy Services, Inc. today reported selected operating data for the month of February 2010. During the month, Basic's well servicing rig count remained unchanged at 405 as of February 28, 2010. Well servicing rig hours for the month of February 2010 were 41,700 producing a rig utilization rate of 47%, an increase from 43% and 46% in January 2010 and February 2009, respectively.
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| Market Capitalization: | 224B | | Price
/ Earnings: | 18.2 | | Price
/ Book: | 3.8 | | Net
Profit Margin (mrq): | 8.2% | | Price
To Free Cash Flow (mrq): | -172.7 | | Return
on Equity: | 12.1% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 1.1% |
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