$10.9 M

BAS Mkt cap, 02-Dec-2019

$94.3 M

Basic Energy Services Revenue Q1, 2021
Basic Energy Services Net income (Q1, 2021)-37.3 M
Basic Energy Services EBIT (Q1, 2021)-33.5 M
Basic Energy Services Cash, 31-Mar-20214.9 M
Basic Energy Services EV350.4 M
Get notified regarding key financial metrics and revenue changes at Basic Energy ServicesLearn more
Banner background

Basic Energy Services Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013Y, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.2b1.3b1.5b805.6m964.7m710.1m

Revenue growth, %

18%(46%)

Cost of goods sold

766.1m902.6m868.1m1.0b642.9m

Gross profit

477.1m

Gross profit Margin, %

38%

General and administrative expense

142.3m181.3m171.4m167.3m143.5m146.5m167.5m133.7m

Operating expense total

297.1m371.8m171.4m167.3m143.5m146.5m167.5m133.7m

Depreciation and amortization

209.7m217.5m241.5m112.2m126.4m114.7m52.5m

EBIT

180.1m100.5m10.8m10.8m58.4m58.4m(305.7m)(305.7m)(61.3m)(73.0m)(139.6m)(249.2m)

EBIT margin, %

14%1%4%(38%)(8%)(20%)

Interest expense

53.9m62.4m67.2m67.0m68.0m

Interest income

1.6m83.0k53.0k53.0k40.0k40.0k26.0k26.0k51.0k364.0k509.0k

Pre tax profit

79.0m31.8m(55.7m)(55.7m)(7.8m)(7.8m)(373.1m)(373.1m)(98.4m)(144.4m)(91.4m)(253.0m)

Income tax expense

31.8m10.9m(19.7m)19.7m(521.0k)521.0k(131.3m)131.3m(1.7m)227.0k21.0k(3.8m)

Net Income

47.2m20.9m(35.9m)(35.9m)(8.3m)(8.3m)(241.7m)(241.7m)(96.7m)(144.6m)(181.9m)(268.2m)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

296.9m346.0m370.9m213.3m43.3m246.3m197.2m78.1m70.0m128.5m47.3m53.2m94.3m

Cost of goods sold

237.3m233.0m222.4m211.0m222.5m222.7m232.2m242.9m264.1m195.3m156.6m154.9m112.0m104.7m116.3m171.5m181.3m151.8m59.7m53.8m39.4m44.8m

Gross profit

133.6m45.4m18.4m16.2m7.9m8.4m

Gross profit Margin, %

36%23%24%23%17%16%

General and administrative expense

34.1m38.0m41.4m45.5m44.1m42.0m49.3m43.2m39.6m43.0m41.5m39.2m35.7m36.0m29.6m27.1m30.1m39.2m41.0m35.5m

Operating expense total

34.1m38.0m87.1m92.1m92.8m92.8m102.2m43.2m39.6m43.0m41.5m39.2m35.7m36.0m29.6m27.1m40.5m228.2m39.2m41.0m262.9m64.5m

Depreciation and amortization

53.6m51.7m51.8m54.5m60.9m60.2m60.3m56.2m54.8m53.1m26.0m29.5m30.2m32.8m27.6m14.8m10.8m

EBIT

41.7m57.2m46.5m36.4m25.3m476.0k1.0m4.8m14.0m21.1m32.9m(33.8m)(58.8m)(145.0m)(67.3m)(67.0m)(68.9m)(14.9m)(6.8m)(19.6m)(16.6m)(19.1m)(136.4m)(33.5m)

EBIT margin, %

14%17%13%(7%)(7%)(10%)(106%)(35%)

Interest expense

11.8m15.4m15.2m14.8m15.1m16.8m16.8m9.2m10.9m

Interest income

23.0k1.5m12.0k11.0k8.0k17.0k13.0k10.0k13.0k13.0k11.0k6.0k4.0k7.0k2.0k7.0k14.0k6.0k5.0k27.0k88.0k245.0k

Pre tax profit

30.0m43.5m31.4m21.8m10.4m(16.2m)(15.6m)(11.8m)(2.5m)4.6m16.2m(50.5m)(75.4m)(162.1m)(87.9m)(89.2m)(92.1m)(23.9m)(15.6m)(30.6m)(27.3m)(29.3m)(140.2m)(33.8m)

Income tax expense

13.4m16.9m11.8m7.1m4.0m(7.4m)(2.8m)(4.9m)(589.0k)2.2m6.2m(17.9m)(27.2m)(56.5m)(4.5m)662.0k1.0k(1.7m)(59.0k)(1.9m)(3.8m)(287.0k)

Net Income

16.6m26.6m19.6m14.7m6.5m(8.8m)(12.8m)(7.0m)(1.9m)2.4m9.9m(32.6m)(48.3m)(105.6m)(83.3m)(89.9m)(92.1m)(38.6m)(62.6m)(13.8m)(30.5m)(27.3m)(27.5m)(144.9m)(37.3m)

Basic Energy Services Balance Sheet

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

220.9m71.6m67.2m103.5m103.6m81.5m95.6m100.2m116.6m99.0m57.5m104.9m91.8m56.0m75.1m86.1m34.3m50.6m34.2m43.2m33.8m30.8m63.8m53.7m50.5m21.1m11.0m6.8m4.9m

Accounts Receivable

200.1m240.5m249.1m242.9m240.3m219.2m227.2m211.9m220.8m232.9m262.4m158.9m126.4m124.7m78.7m78.8m95.8m129.6m150.5m168.2m156.2m140.3m70.9m69.9m53.8m

Prepaid Expenses

6.3m8.0m10.9m8.7m10.3m11.6m11.5m12.8m15.2m13.0m19.2m16.1m13.8m16.6m12.1m14.3m14.0m20.9m21.5m24.5m20.6m16.2m12.8m14.8m8.1m6.1m11.4m11.9m

Inventories

25.7m30.6m37.9m39.8m41.1m39.6m40.1m38.3m35.5m41.0m43.1m39.8m40.6m39.1m33.8m33.4m34.5m36.6m36.7m35.3m37.2m36.1m33.7m31.9m28.0m14.7m10.2m9.0m8.5m

Current Assets

546.3m383.2m398.4m419.5m421.2m398.0m418.3m416.6m423.5m427.2m415.8m346.2m301.7m261.8m294.3m253.1m217.3m243.9m250.5m327.0m302.3m295.2m263.7m237.0m225.9m179.8m114.2m118.2m102.1m

PP&E

693.9m834.2m881.3m901.7m914.3m951.9m952.2m932.5m892.5m923.2m981.9m982.2m925.7m895.7m798.0m751.1m713.8m510.3m520.6m516.4m491.3m465.6m442.1m429.7m406.9m265.2m249.6m400.4m197.8m

Goodwill

16.3m80.8m82.6m89.5m90.9m115.7m110.6m110.3m111.2m112.3m112.7m78.0m81.9m8.2m8.3m8.3m

Total Assets

1.3b1.4b1.5b1.5b1.5b1.6b1.6b1.6b1.5b1.6b1.6b1.5b1.4b1.3b1.2b1.1b1.0b769.3m786.4m861.1m811.6m250.2m779.0m743.2m701.8m667.6m491.7m406.8m396.7m331.1m

Accounts Payable

39.8m55.4m38.9m55.0m57.4m50.6m56.9m49.4m50.7m54.7m56.2m33.7m27.1m46.9m35.9m33.0m40.6m65.7m81.0m89.6m77.0m89.9m76.8m78.1m66.4m60.7m52.8m64.0m68.5m

Short-term debt

27.8m31.6m34.0m35.1m36.7m38.8m39.8m39.9m40.7m40.6m43.9m46.8m46.3m47.0m47.3m42.9m954.8m42.3m46.5m50.8m54.7m22.5m24.1m22.6m22.2m21.9m9.7m8.6m

Current Liabilities

129.5m151.9m139.3m171.3m167.4m166.4m188.5m168.3m163.1m180.4m187.2m150.9m151.3m168.6m143.9m152.4m1.1b164.6m185.7m206.1m194.4m203.1m176.8m168.0m172.1m178.6m151.7m170.1m170.7m

Long-term debt

762.2m742.1m747.8m754.7m763.1m847.3m847.6m845.1m840.1m838.8m865.7m878.2m850.9m842.3m969.8m961.4m40.6m194.4m207.5m269.3m272.7m336.3m329.5m325.3m318.6m308.0m313.1m335.8m

Total Debt

790.0m773.7m781.7m789.8m799.8m886.1m887.4m39.9m40.7m40.6m43.9m46.8m46.3m47.0m47.3m42.9m995.4m236.7m253.9m320.2m327.4m358.8m353.6m347.9m340.9m329.9m322.8m344.4m

Total Liabilities

549.2m508.9m530.8m549.0m

Common Stock

424.0k425.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k435.0k261.0k261.0k261.0k266.0k273.0k279.0k279.0k279.0k279.0k279.0k279.0k

Preferred Stock

22.0m22.0m22.0m22.0m

Additional Paid-in Capital

343.4m348.4m347.9m350.4m353.3m365.0m354.7m361.0m358.6m362.4m366.1m365.5m368.6m371.8m372.4m374.7m376.9m422.0m427.3m433.2m446.0m459.5m467.4m470.7m471.6m493.6m493.6m493.7m493.8m

Retained Earnings

(35.4m)(8.9m)33.3m48.0m54.5m25.7m12.9m673.0k(8.6m)(6.2m)3.7m(47.7m)(96.0m)(201.6m)(340.2m)(430.0m)(522.1m)(38.6m)(62.6m)(76.4m)(127.2m)(194.6m)(268.7m)(296.5m)(335.4m)(568.0m)(612.6m)(644.7m)(728.6m)

Total Equity

308.4m340.0m378.3m391.6m394.6m364.9m355.6m349.6m344.1m350.4m364.1m307.5m262.3m159.7m25.2m(62.4m)(152.3m)380.2m362.5m354.6m313.6m261.0m194.9m169.1m127.9m(79.5m)(124.1m)(156.1m)(239.9m)

Debt to Equity Ratio

0.1 x0.1 x0.1 x0.1 x0.2 x0.2 x0.3 x1.9 x-0.7 x-6.5 x0.6 x0.7 x0.9 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x0 x0 x0 x0 x1 x0.3 x0.3 x0.4 x

Financial Leverage

4.3 x4.1 x3.9 x3.9 x3.9 x4.3 x4.5 x4.5 x4.4 x4.4 x4.4 x4.9 x5.3 x7.8 x46.4 x-17.3 x-6.6 x2 x2.2 x2.4 x2.6 x3 x3.8 x4.2 x5.2 x-6.2 x-3.3 x-2.5 x-1.4 x

Basic Energy Services Cash Flow

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(1.9m)24.7m19.6m34.4m40.8m(8.8m)(21.6m)(28.5m)(1.9m)536.0k10.5m(32.6m)(80.9m)(186.6m)(83.3m)(265.3m)(38.6m)(62.6m)(76.4m)(30.5m)(70.6m)(97.9m)(27.5m)(55.3m)(94.1m)(144.9m)(189.5m)(221.6m)(37.3m)

Depreciation and Amortization

67.8m109.1m44.0m89.5m137.8m49.8m101.8m155.5m51.7m103.5m158.0m60.9m121.2m181.5m56.2m111.0m164.1m80.8m30.2m61.4m94.2m27.5m56.5m85.7m14.8m27.6m40.6m10.8m

Accounts Receivable

(48.7m)(75.6m)8.0m16.2m18.9m(10.4m)(18.3m)(3.6m)(16.0m)(28.2m)(56.5m)88.8m121.3m122.2m23.6m24.0m7.0m(61.5m)(7.6m)(14.8m)(8.0m)4.8m9.2m20.4m17.5m63.0m65.8m7.1m

Inventories

(4.1m)(7.7m)(3.0m)(4.8m)(6.1m)611.0k158.0k1.9m(1.3m)(6.7m)(8.8m)4.8m3.9m5.7m3.1m4.4m3.3m437.0k(812.0k)(2.3m)313.0k2.7m4.6m4.5m700.0k2.9m4.1m170.0k

Accounts Payable

(690.0k)10.7m(18.1m)(2.0m)361.0k(11.1m)(4.9m)(12.3m)5.2m9.2m10.7m(16.9m)(23.5m)(3.7m)(18.6m)(21.5m)(14.0m)32.9m(6.0m)6.8m5.7m(20.5m)(21.5m)(31.6m)(5.8m)(14.1m)(3.2m)3.4m

Cash From Operating Activities

55.6m202.5m65.2m177.5m233.6m9.5m68.4m107.2m28.6m94.0m131.8m65.8m88.1m93.1m(20.8m)(42.0m)(71.8m)1.8m4.5m25.1m56.4m1.8m11.3m28.5m(2.3m)(5.6m)222.0k7.7m

Purchases of PP&E

(114.9m)(167.1m)(46.8m)(86.7m)(126.7m)(39.9m)(77.6m)(104.0m)(33.1m)(107.4m)(184.9m)(25.9m)(34.8m)(47.3m)(4.6m)(11.6m)(22.9m)(48.3m)(15.4m)(31.7m)(48.6m)(18.9m)(33.4m)(46.3m)(5.6m)(5.9m)(6.9m)(331.0k)

Cash From Investing Activities

(97.2m)(364.3m)(63.6m)(124.6m)(164.8m)(47.5m)(81.3m)(103.9m)(10.2m)(82.2m)(165.5m)(22.6m)(28.4m)(56.5m)(87.7m)(10.1m)(20.1m)(40.5m)(15.2m)(30.7m)(46.6m)(16.2m)(28.3m)(39.6m)(25.0m)(21.1m)(16.0m)5.1m

Long-term Borrowings

(238.3m)(269.2m)(9.6m)(19.9m)(30.6m)(11.6m)(22.6m)(33.9m)(11.1m)(22.3m)(34.2m)(14.4m)(43.1m)(55.4m)(12.8m)(25.4m)(38.0m)(33.6m)(13.7m)(27.1m)(50.3m)(11.4m)(17.3m)(23.2m)(9.0m)(34.8m)(42.4m)(2.4m)

Cash From Financing Activities

214.6m185.5m(12.9m)(27.8m)(43.7m)(15.1m)(26.0m)(37.6m)(13.3m)(24.4m)(20.3m)(18.2m)(47.8m)(60.6m)136.8m91.5m79.5m(17.1m)6.0m(2.8m)(20.1m)(12.1m)(19.5m)(28.8m)12.2m1.5m(6.2m)(2.4m)

Net Change in Cash

173.0m23.7m(11.2m)25.1m25.1m(53.1m)(38.9m)(34.4m)5.1m(12.5m)(54.1m)25.0m11.9m(23.9m)28.4m39.4m(12.4m)(55.7m)(8.4m)(10.4m)(26.5m)(36.6m)(39.8m)(15.1m)(25.3m)(22.0m)10.4m

Interest Paid

(19.4m)28.2m47.5m19.3m31.6m1.6m

Income Taxes Paid

1.4m(5.0k)

Basic Energy Services Ratios

USDQ2, 2011

Financial Leverage

4.3 x

Basic Energy Services Employee Rating

2.876 votes
Culture & Values
2.5
Work/Life Balance
2.2
Senior Management
2
Salary & Benefits
2.9
Career Opportunities
2.2
Source