Global Hunter Securities Upgrades Basic Energy Services (BAS) to Neutral

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Go back to Global Hunter Securities Upgrades Basic Energy Services (BAS) to Neutral

S&P Downgrades Basic Energy Services (BAS) to 'B-'; Sees Liquidity Position Continuing to Deteriorate

August 5, 2015 2:22 PM EDT

Standard & Poor's Ratings Services lowered its corporate credit rating on Basic Energy Services (NYSE: BAS) to 'B-' from 'B'. The outlook is negative.

At the same time, we lowered our issue-level ratings on the company's senior unsecured notes to 'B-' from 'B'. We revised the recovery rating on the unsecured notes to '3', indicating meaningful (50% to 70%; at the upper half... More

Basic Energy Services (BAS) Tops Q2 EPS by 2c

July 31, 2015 6:45 AM EDT

Basic Energy Services (NYSE: BAS) reported Q2 EPS of ($1.13), $0.02 better than the analyst estimate of ($1.15). Revenue for the quarter came in at $193.6 million versus the consensus estimate of $201.66 million.

For earnings history and earnings-related data on Basic Energy Services (BAS) click here.

... More