BASIC ENERGY SERVICES, INC. (NYSE:BAS), Up By 6.04% ($1.10) From $18.200 After BUYINS.NET Report Predicted Stock Would Go Up Du
February 7, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, January 17th 2012 stating that BASIC ENERGY SERVICES, INC. (NYSE:BAS) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=bas&id=231800
At the time this story was written, BASIC ENERGY SERVICES, INC. (NYSE:BAS) is Up By $1.10 (6.04%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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BASIC ENERGY SERVICES, INC. (NYSE:BAS) - Basic Energy Services, Inc. provides a range of well site services to oil and gas drilling and producing companies in the United States. The companys Well Servicing segment provides services in a mobile well servicing rig, including installation and removal of downhole equipment, elimination of obstructions in the well bore, and plugging and abandonment services. This segment operates a fleet of 405 well servicing rigs and related equipment. Its Fluid Services segment provides oilfield fluid supply, transportation, and storage services, which include transportation of fluids used in drilling and workover operations; sale and transportation of fresh and brine water; operation of company-owned fresh water and brine source wells; rental of portable frac tanks and test tanks; and preparation, construction, and maintenance of access roads, drilling locations, and production facilities. This segment operates a fleet of 791 fluid services trucks and related assets, including specialized tank trucks, storage tanks, water wells, disposal facilities, and related equipment. The companys Completion and Remedial Services segment provides pressure pumping services, such as cementing, acidizing, fracturing, coiled tubing, and pressure testing; rental and fishing tools; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. It operates 142 pressure pumping units; 40 air compressor packages, including foam circulation units for underbalanced drilling; and 15 wireline units for cased-hole measurement and pipe recovery services. Basic Energy Services Contract Drilling segment engages in drilling of well bores. The company owns and operates nine land drilling rigs. It operates in onshore oil and natural gas producing regions located in Texas, New Mexico, Oklahoma, Kansas, Arkansas, Louisiana, Wyoming, North Dakota, Colorado, Utah, and Montana. The company is based in Midland, Texas.
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