Tag: fluid service truck

Basic Energy Services reports higher than projected March losses

Basic Energy expects Q1 revenues to be 18 – 20% lower than Q4 2015 rather than previous guidance of 16 – 17% lower FORT WORTH, Texas-based Basic Energy Services, Inc. has reported selected operating data for March and the numbers illustrate the pain American service companies are feeling as a consequence of low oil prices. “Activity in the month […]