Type: Public
On the web: http://www.basicenergyservices.com/
Employees: 4,500
Employee growth: 18.4%

Oil and gas producers turn to Basic Energy Services for the fundamentals. The company provides well site services with its fleet of well-servicing rigs (at more than 410, the third-largest in the US behind Key Energy Services and Nabors Industries), 800 fluid service trucks, and related equipment. These services include acidizing, cementing, fluid handling, fracturing, well construction, well maintenance, and workover. Basic Energy Services serves more than 2,000 producers operating in Louisiana, New Mexico, Oklahoma, and Texas. The company also provides contract drilling operation.

Key numbers for fiscal year ending December, 2010:
Sales: $728.2M
One year growth: 38.3%
Net income: ($43.6)M

Officers:
Chairman: Steven A. Webster
President, CEO, and Director: Kenneth V. (Ken) Huseman
SVP and COO: Thomas Monroe (Roe) Patterson

Competitors:
Halliburton
Key Energy
Nabors Industries

© 2012 Hoover's, Inc. All rights reserved.