$5.5 M

KEG Mkt cap, 27-Nov-2019
Key Energy Services Gross profit (Q2, 2020)-29.9 M
Key Energy Services Net income (Q2, 2020)-19.1 M
Key Energy Services EBIT (Q2, 2020)-16.8 M
Key Energy Services Cash, 30-Jun-20206.9 M
Key Energy Services EV51.7 M
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Key Energy Services Income Statement

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2014FY, 2017FY, 2018FY, 2019

Revenue

1.9b436.2m521.7m

Revenue growth, %

20%

Cost of goods sold

835.0m1.2b1.3b1.1b333.5m

Gross profit

724.4m(1.1b)(333.5m)

Gross profit Margin, %

38%

General and administrative expense

198.3m238.1m230.5m249.6m115.3m91.6m91.3m

Operating expense total

198.3m482.2m230.5m(855.8m)115.3m91.6m(265.6m)

Depreciation and amortization

200.7m57.0m

EBIT

(32.2m)242.1m206.9m(203.9m)(96.2m)(59.0m)(67.9m)

EBIT margin, %

13%(22%)(11%)

Interest expense

42.0m42.5m53.6m54.2m35.5m

Interest income

26.0k46.0k

Investment income

396.0k266.0k(926.0k)

Pre tax profit

(55.9m)159.0m160.0m(259.1m)(122.3m)(90.8m)(101.4m)

Income tax expense

(20.5m)58.3m57.4m(80.5m)(1.7m)(2.0m)(4.0m)

Net Income

73.5m101.5m7.6m(178.6m)(120.6m)(88.8m)(97.4m)

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

547.4m486.8m516.0m490.9m101.5m107.8m110.7m125.3m144.4m134.7m109.3m

Cost of goods sold

196.2m198.2m271.8m290.6m314.7m311.5m344.0m335.8m299.2m287.1m90.6m88.0m61.7m29.9m

Gross profit

232.7m175.3m172.0m155.1m(90.6m)(88.0m)(61.7m)(29.9m)

Gross profit Margin, %

43%36%33%32%

General and administrative expense

44.9m46.8m52.8m55.0m62.9m60.9m58.1m53.6m63.2m57.7m31.0m30.3m37.2m24.6m22.9m23.9m22.1m22.5m21.4m15.3m13.6m

Operating expense total

44.9m46.8m52.8m55.0m151.3m112.1m110.5m106.5m63.2m57.7m31.0m30.3m37.2m24.6m47.4m23.9m22.1m(76.1m)(70.6m)(8.6m)(13.1m)

Depreciation and amortization

51.2m52.5m52.9m14.3m14.6m10.2m8.1m

EBIT

(10.4m)(1.5m)(18.1m)59.9m81.4m63.1m61.5m48.5m11.8m8.3m(38.3m)(7.0m)(34.7m)(17.8m)(8.9m)(17.1m)(15.3m)(14.4m)(17.4m)(53.1m)(16.8m)

EBIT margin, %

15%13%12%10%(38%)(7%)(31%)(14%)(6%)(13%)(14%)

Interest expense

10.7m10.6m10.3m10.0m11.2m11.9m13.7m14.0m13.8m14.0m8.5m8.4m8.2m2.1m

Interest income

2.0k1.0k7.0k7.0k12.0k11.0k84.0k

Investment income

838.0k(132.0k)(128.0k)

Pre tax profit

(16.9m)(3.7m)(27.9m)57.2m68.5m52.3m49.1m36.1m(752.0k)(6.1m)(47.1m)(14.0m)(38.3m)(25.0m)(16.7m)(25.6m)(23.4m)(22.7m)(25.5m)109.7m(18.9m)

Income tax expense

(5.9m)(1.4m)(9.2m)20.8m25.1m18.8m17.4m12.9m(566.0k)(2.3m)(289.0k)(853.0k)(96.0k)(1.0k)161.0k(1.7m)(38.0k)(4.4m)37.0k744.0k229.0k

Net Income

(2.2m)6.8m(18.1m)36.1m44.2m3.2m29.0m(38.1m)(274.0k)(4.1m)(46.9m)(13.2m)(38.2m)(25.0m)(16.9m)(23.9m)(23.4m)(18.3m)(25.5m)109.0m(19.1m)

Key Energy Services Balance Sheet

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 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, 2020

Cash

47.0m34.1m13.2m14.6m19.3m31.9m28.3m38.3m39.9m24.7m64.6m40.9m23.4m57.4m35.9m225.5m199.1m155.7m103.5m57.1m82.7m94.7m77.7m50.5m52.3m43.3m35.7m29.3m22.6m25.6m6.9m

Accounts Receivable

284.9m301.6m311.6m376.8m408.5m393.9m404.4m416.8m405.9m433.1m382.5m320.7m300.7m294.8m228.1m181.2m129.3m84.9m76.4m64.5m62.9m66.2m69.7m82.2m93.3m89.9m69.8m71.6m67.2m45.2m20.1m

Prepaid Expenses

58.2m48.3m73.8m15.1m14.9m22.6m21.9m21.3m29.8m25.7m113.0m98.5m87.7m87.8m82.5m79.5m80.3m68.0m63.3m59.9m25.0m21.1m17.4m19.0m15.4m13.9m18.1m20.9m13.5m

Inventories

21.2m22.1m30.0m31.2m34.8m32.4m38.6m45.4m42.1m39.9m41.3m38.9m40.6m42.4m33.7m35.1m31.9m27.1m27.0m25.8m22.3m19.8m19.8m21.1m19.2m18.1m15.3m14.8m15.2m13.8m13.7m

Current Assets

418.9m415.3m428.6m500.2m566.6m603.7m617.0m628.0m616.1m619.9m601.4m499.1m452.5m482.4m380.2m521.4m440.7m354.3m288.8m225.9m208.6m210.5m193.3m172.8m180.2m165.3m139.0m136.5m118.6m101.4m58.7m

PP&E

782.0m786.9m996.6m1.0b1.1b1.3b1.4b1.4b1.4b1.4b1.4b1.3b1.3b1.2b1.2b1.1b1.0b854.6m817.7m736.5m384.1m361.8m342.7m314.1m299.4m287.6m263.3m254.0m243.9m175.4m169.8m

Goodwill

349.1m349.8m460.2m466.4m625.5m624.6m624.7m625.9m626.0m624.9m625.2m623.2m601.8m601.8m561.0m561.0m

Total Assets

1.7b1.7b2.0b2.1b2.5b2.7b2.8b2.8b2.8b2.7b2.7b2.6b2.5b2.4b2.2b2.3b1.5b1.2b1.1b995.6m604.2m588.4m551.1m502.0m489.5m462.7m412.8m403.5m374.1m298.7m269.2m

Accounts Payable

50.5m54.2m69.6m75.2m78.4m69.2m82.4m100.4m94.7m90.3m61.5m64.7m65.7m61.1m56.9m44.6m36.1m23.0m23.7m7.6m13.0m10.1m12.0m17.3m15.6m18.4m11.9m14.2m18.4m12.2m8.6m

Short-term debt

5.7m4.4m3.4m2.9m2.3m1.4m1.1m723.0k129.0k13.0k1.0k3.2m3.2m10.7m3.2m944.2m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.9m438.0k1.1m

Current Liabilities

225.6m217.0m219.8m279.2m286.4m287.2m330.8m308.5m267.3m265.0m244.2m216.0m216.8m217.7m184.8m157.9m138.3m140.5m141.2m1.1b105.3m98.6m96.9m98.4m104.0m100.2m93.9m98.9m94.8m74.7m61.3m

Long-term debt

517.5m515.9m580.1m569.7m744.3m863.7m873.4m903.3m878.0m867.8m832.7m763.8m718.7m758.6m778.3m961.1m961.6m954.7m950.4m244.6m244.1m243.6m242.6m242.1m241.6m240.6m239.2m240.0m49.2m52.0m

Total Debt

523.2m520.3m583.6m572.6m746.6m865.1m874.5m904.0m878.1m867.8m832.7m763.8m718.7m758.6m778.3m964.2m964.7m965.4m953.6m944.2m247.1m246.6m246.1m245.1m244.6m244.1m243.1m241.7m242.9m49.6m53.0m

Common Stock

12.6m12.6m14.3m14.3m15.1m15.1m15.1m15.1m15.2m15.2m15.2m15.3m15.4m15.4m15.6m15.8m15.8m16.1m16.1m16.1m201.0k201.0k201.0k202.0k202.0k203.0k204.0k204.0k205.0k340.0k340.0k

Preferred Stock

Additional Paid-in Capital

616.4m619.2m781.4m788.7m912.6m916.5m920.2m922.6m924.7m952.2m951.2m952.9m956.8m959.0m960.4m963.6m964.8m966.0m966.6m966.6m256.4m260.5m263.9m261.7m262.2m263.6m265.8m267.2m268.4m307.7m308.0m

Retained Earnings

127.3m134.1m192.5m228.6m272.8m315.3m344.3m306.3m319.5m315.3m310.5m286.1m233.9m171.6m59.7m(5.7m)(645.9m)(880.0m)(972.8m)(1.1b)(57.1m)(70.3m)(108.5m)(155.8m)(172.7m)(196.6m)(243.1m)(261.4m)(286.9m)(208.1m)(227.2m)

Total Equity

738.2m747.4m970.9m1.0b1.2b1.2b1.2b1.3b1.3b1.3b1.3b1.2b1.2b1.1b997.6m936.9m292.7m58.9m(32.4m)(163.1m)201.0m191.7m155.6m106.1m89.7m67.3m22.9m6.0m(18.3m)99.9m81.1m

Debt to Equity Ratio

0.7 x0.7 x0.6 x0.6 x0.6 x0.7 x0.7 x0.7 x0.7 x0.7 x0.7 x0.6 x0.6 x0.7 x0.8 x1 x3.3 x16.4 x-29.4 x-5.8 x1.2 x1.3 x1.6 x2.3 x2.7 x3.6 x10.6 x40.3 x-13.3 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.4 x0.4 x0.6 x0.8 x0.8 x0.9 x0.4 x0.4 x0.4 x0.5 x0.5 x0.5 x0.6 x0.6 x0.6 x

Financial Leverage

2.3 x2.2 x2 x2.1 x2.1 x2.2 x2.2 x2.2 x2.1 x2.2 x2.1 x2.1 x2.1 x2.1 x2.2 x2.4 x5.1 x20.8 x-34.9 x-6.1 x3 x3.1 x3.5 x4.7 x5.5 x6.9 x18 x67.2 x-20.5 x3 x3.3 x

Key Energy Services Cash Flow

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

73.5m101.5m7.6m(21.2m)(178.6m)(917.7m)(10.2m)(120.6m)(88.8m)(97.4m)

Depreciation and Amortization

137.0m169.6m213.8m225.3m200.7m180.3m3.6m84.5m82.6m57.0m

Accounts Receivable

(26.4m)(152.8m)(15.4m)54.0m54.0m151.5m855.0k669.0k(5.2m)22.3m

Inventories

Accounts Payable

63.3m3.7m60.7m(82.3m)15.1m(92.0m)(13.0m)(564.0k)(1.1m)

Cash From Operating Activities

129.8m188.3m369.7m228.6m164.2m(22.4m)(417.0k)(51.4m)(1.8m)(29.0m)

Purchases of PP&E

(180.3m)(359.1m)(447.2m)(164.1m)(161.6m)(40.8m)(16.1m)(37.5m)(18.3m)

Capital Expenditures

(375.0k)

Cash From Investing Activities

(8.6m)(520.1m)(428.7m)(160.9m)(146.8m)(19.4m)(251.0k)16.9m(22.1m)(3.7m)

Long-term Borrowings

(7.0m)(421.4m)(300.4m)(278.6m)(201.6m)18.2m(2.5m)(1.9m)

Cash From Financing Activities

(100.2m)306.1m73.9m(85.5m)(22.1m)218.7m(15.0k)17.2m(2.8m)(2.9m)

Net Change in Cash

19.2m(21.2m)10.5m(17.6m)(1.0m)177.1m(17.4m)(26.8m)(35.6m)

Interest Paid

33.9m46.8m

Income Taxes Paid

63.7m13.1m

Free Cash Flow

(792.0k)

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 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, 2020

Net Income

(9.8m)(3.0m)(18.1m)17.9m62.1m3.2m32.2m(5.9m)(274.0k)(4.4m)(8.7m)(11.9m)(64.1m)(126.3m)(59.7m)(125.1m)(765.2m)(81.6m)(174.4m)(305.2m)(46.9m)(60.0m)(98.3m)(25.0m)(41.9m)(65.7m)(23.4m)(41.7m)(67.2m)109.0m89.9m

Depreciation and Amortization

65.8m98.4m39.9m79.8m122.1m51.3m103.8m156.6m54.2m112.4m169.4m51.1m103.3m154.2m47.2m93.1m138.4m35.8m71.6m105.1m21.3m42.2m63.3m20.4m41.1m62.9m14.3m28.6m43.1m10.2m18.3m

Accounts Receivable

(70.3m)(86.5m)(49.8m)(116.8m)(137.3m)(4.3m)(20.3m)(27.5m)(3.0m)(30.4m)20.2m27.5m47.0m51.6m60.2m106.8m157.8m30.7m38.8m50.2m8.0m4.4m1.1m(13.3m)(24.4m)(21.0m)3.9m2.4m6.5m5.2m29.8m

Accounts Payable

23.3m19.0m(53.0m)4.1m46.0k(15.6m)28.3m57.3m(39.9m)(40.5m)(61.9m)(15.0m)(13.8m)(12.0m)(57.9m)(88.3m)(107.6m)(20.9m)(12.5m)(4.0m)(11.0m)(18.0m)(19.9m)(5.3m)(565.0k)(4.4m)(9.7m)(4.6m)(9.1m)(25.1m)(38.5m)

Cash From Operating Activities

64.7m90.4m(39.9m)29.9m103.0m74.3m191.9m265.4m19.6m46.7m157.0m45.7m107.3m126.1m(2.7m)(1.2m)(20.8m)(30.1m)(67.4m)(104.8m)(12.6m)(27.2m)(48.6m)(23.4m)(15.3m)(15.1m)(11.3m)(11.4m)(16.8m)(18.4m)(38.2m)

Purchases of PP&E

(67.9m)(101.1m)(107.4m)(178.1m)(245.9m)(169.4m)(309.3m)(399.7m)(37.1m)(72.6m)(111.0m)(28.5m)(69.4m)(108.1m)(19.0m)(32.7m)(38.9m)(2.7m)(5.1m)(7.4m)(2.4m)(7.2m)(9.6m)(9.4m)(17.2m)(28.5m)(5.0m)(12.4m)(16.5m)(682.0k)(979.0k)

Cash From Investing Activities

(47.7m)(80.4m)(102.2m)(159.3m)(413.7m)(162.5m)(300.8m)(387.7m)(51.4m)(83.3m)(118.1m)(26.8m)(60.0m)(91.8m)(15.7m)(22.1m)(26.8m)4.7m3.4m6.0m(2.4m)16.9m22.2m(2.5m)(8.3m)(16.6m)(2.7m)(7.6m)(8.1m)1.1m2.4m

Long-term Borrowings

(7.0m)(7.0m)(460.5m)(460.5m)(460.5m)(264.0k)(379.0k)(210.4m)(73.6m)(163.6m)(228.6m)(61.0m)(200.0m)(200.8m)(787.0k)(13.9m)(24.5m)(625.0k)(1.2m)(1.9m)(625.0k)(1.2m)(1.9m)(625.0k)(1.2m)(1.9m)(103.0k)(343.0k)

Cash From Financing Activities

(9.1m)(12.0m)100.7m91.9m268.1m90.1m104.5m128.6m25.8m14.9m(20.5m)(6.9m)(52.0m)(12.1m)26.8m221.2m220.1m(22.0m)(35.3m)(46.5m)8.1m14.4m13.7m(624.0k)(1.2m)(2.1m)(625.0k)(2.1m)(2.8m)28.5m28.3m

Net Change in Cash

9.6m(3.3m)(43.4m)(42.0m)(37.3m)(3.5m)(7.2m)2.9m(6.0m)(21.2m)18.7m12.6m(4.9m)29.1m8.6m198.2m171.8m(48.6m)(100.8m)(147.2m)(7.8m)4.2m(12.8m)(26.5m)(24.8m)(33.8m)(14.6m)(21.0m)(27.7m)11.1m(7.6m)

Key Energy Services Ratios

USDQ2, 2010

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x

Key Energy Services Employee Rating

3.2170 votes
Culture & Values
3
Work/Life Balance
3
Senior Management
2.5
Salary & Benefits
3
Career Opportunities
2.8
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