Last $2.01 USD
Change Today +0.02 / 1.01%
Volume 1.8M
KEG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

key energy services inc (KEG) Snapshot

Open
$2.00
Previous Close
$1.99
Day High
$2.05
Day Low
$1.96
52 Week High
04/23/14 - $10.52
52 Week Low
12/16/14 - $1.00
Market Cap
310.3M
Average Volume 10 Days
2.9M
EPS TTM
$-0.45
Shares Outstanding
154.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KEY ENERGY SERVICES INC (KEG)

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key energy services inc (KEG) Details

Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, including the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, as well as specialty drilling services to oil and natural gas producers. The company also provides fluid management services, such as transportation and well-site storage services for various fluids utilized in connection with drilling, completions, workover, and maintenance activities; and disposal services for fluids produced subsequent to well completion, as well as operates a fleet of hot oilers capable of pumping heated fluids used to clear soluble restrictions in a wellbore. In addition, it offers coiled tubing services for wellbore clean-outs, nitrogen jet lifts, through-tubing fishing, and formation stimulations utilizing acid and chemical treatments. Further, the company provides fishing services comprising recovering lost or stuck equipment in the wellbore utilizing various fishing tools; well testing services; and rental of equipment, such as drill pipes, tubulars, handling tools, pressure-control equipment, pumps, power swivels, reversing units, and foam air units, as well as frac stack equipment to support hydraulic fracturing operations and the associated flowback of frac fluids, proppants, oil, and natural gas. Additionally, it offers drilling, wire line and project management, consulting, and reservoir engineering services; and develops hardware and software related to oilfield service equipment controls, data acquisition, and digital information flow. The company was formerly known as Key Energy Group, Inc. and changed its name to Key Energy Services, Inc. in December 1998. Key Energy Services, Inc. was founded in 1977 and is headquartered in Houston, Texas.

8,100 Employees
Last Reported Date: 02/25/15
Founded in 1977

key energy services inc (KEG) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $865.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $333.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $330.2K
Chief People Officer and Senior Vice Presiden...
Total Annual Compensation: $359.5K
Executive Officer
Total Annual Compensation: $495.9K
Compensation as of Fiscal Year 2013.

key energy services inc (KEG) Key Developments

Key Energy Services Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-02-2015 08:40 AM

Key Energy Services Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-02-2015 08:40 AM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States. Speakers: Richard J. Alario, Chairman of the Board, Chief Executive Officer, President, Chairman of Equity Award Committee and Member of Executive Committee.

Key Energy Services Inc. Announces Newton W. Wilson to No Longer Serve as Executive Vice President

Effective February 16, 2015, Newton W. Wilson, III will no longer serve as Executive Vice President of Key Energy Services Inc. Mr. Wilson will remain an employee of the company until May 17, 2015.

Key Energy Services Inc. Reports Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Consolidated Unaudited Impairment Expense for the Fourth Quarter Ended December 31, 2014; Provides Capital Expenditures Guidance for the Full Year 2015

Key Energy Services Inc. reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenues of $354,802,000 compared with $362,164,000 for the same period last year. Operating loss was $63,459,000 compared with $1,758,000 for the same period last year. Loss before tax was $80,752,000 compared with $15,435,000 for the same period last year. Loss attributable to company was $52,304,000 or $0.34 basic and diluted per share compared with $12,518,000 or $0.08 basic and diluted per share for the same period last year. LBITDA was $20.406 million against EBITDA of $54.011 million a year ago period. Adjusted EBITDA was $16.077 million against $57.348 million a year ago period. The results for the fourth quarter include a pre-tax charge of $31.7 million, or $0.13 per share, for a true-up to the impairment charge of the Company's U.S. assets taken in the third quarter and an additional impairment of the Company's goodwill in the fourth quarter, pre-tax costs of $19.6 million, or $0.08 per share, related to the previously disclosed Foreign Corrupt Practices Act ("FCPA") investigations and a pre-tax loss of $3.7 million, or $0.02 per share, on the disposal of obsolete assets. Excluding these items, the Company reported a pre-tax loss of $24.7 million, or $0.10 per share. Capital expenditures were $53.5 million during the fourth quarter 2014. Total debt at December 31, 2014 was $748.4 million compared to total debt of $758.6 million at September 30, 2014. Cash flow from operations was $38 million for the fourth quarter. For the year, the company reported revenues of $1,427,336,000 compared with $1,591,676,000 for the same period last year. Operating loss was $203,875,000 compared with operating income of $30,164,000 for the same period last year. Loss before tax was $259,111,000 compared with $24,237,000 for the same period last year. Loss attributable to company was $178,628,000 or $1.16 basic and diluted per share compared with $21,768,000 or $0.14 basic and diluted per share for the same period last year. Net cash provided by operating activities was $164,168,000 compared with $228,643,000 for the same period last year. LBITDA was $4.227 million against EBITDA of $254.676 million a year ago period. Adjusted EBITDA was $124.062 million against $268.424 million a year ago period. Capital expenditures were $161.6 for the full-year 2014. For the quarter, the company's impairment expense was $31,697,000 a year ago. The company expects capital expenditures to below $100 million for 2015.

 

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KEG

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Valuation KEG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.3x
Price/Cash Flow 13.9x
TEV/Sales NM Not Meaningful
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