Basic Energy Services (NYSE: BAS) is one of 31 publicly-traded companies in the “Oil & gas field services, not elsewhere classified” industry, but how does it compare to its rivals? We will compare Basic Energy Services to similar companies based on the strength of its institutional ownership, profitability, earnings, analyst recommendations, risk, dividends and valuation.
Risk and Volatility
Basic Energy Services has a beta of 2.68, indicating that its stock price is 168% more volatile than the S&P 500. Comparatively, Basic Energy Services’ rivals have a beta of 1.31, indicating that their average stock price is 31% more volatile than the S&P 500.
Earnings and Valuation
This table compares Basic Energy Services and its rivals revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Basic Energy Services||$864.04 million||-$96.67 million||-6.27|
|Basic Energy Services Competitors||$3.85 billion||$113.38 million||-5.51|
Basic Energy Services’ rivals have higher revenue and earnings than Basic Energy Services. Basic Energy Services is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
58.8% of shares of all “Oil & gas field services, not elsewhere classified” companies are held by institutional investors. 0.7% of Basic Energy Services shares are held by company insiders. Comparatively, 17.0% of shares of all “Oil & gas field services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This table compares Basic Energy Services and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Basic Energy Services||-11.19%||-16.12%||-7.15%|
|Basic Energy Services Competitors||-4.61%||-0.23%||-1.17%|
This is a summary of recent ratings for Basic Energy Services and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Basic Energy Services||0||4||4||0||2.50|
|Basic Energy Services Competitors||236||1128||1712||75||2.52|
Basic Energy Services presently has a consensus target price of $28.57, suggesting a potential upside of 95.56%. As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 21.84%. Given Basic Energy Services’ higher probable upside, research analysts plainly believe Basic Energy Services is more favorable than its rivals.
Basic Energy Services rivals beat Basic Energy Services on 11 of the 13 factors compared.
About Basic Energy Services
Basic Energy Services, Inc. provides a range of well site services in the United States to oil and natural gas drilling and producing companies, including completion and remedial services, fluid services, well servicing and contract drilling. The Company operates through the segment, which include Completion and Remedial Services, Fluid Services, Well Servicing and Contract Drilling. The Company’s operations are managed regionally and are concentrated in the United States onshore oil and natural gas producing regions located in Texas, New Mexico, Oklahoma, Arkansas, Kansas, Louisiana, Wyoming, North Dakota, Colorado, Utah, Montana, West Virginia, California, Ohio and Pennsylvania. Its operations are focused on liquids-rich basins, as well as natural gas-focused shale plays characterized by prolific reserves. It has a presence in the Permian Basin and the Bakken, Eagle Ford, Haynesville and Marcellus shales.
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