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Key Energy Services Inc

 
Hoover's Profile:

Key Energy Services, Inc.

(NYSE:KEG)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Key Energy Services, Inc.
1301 McKinney St., Ste. 1800
Houston, TX 77010
TX Tel. 713-651-4300
Fax 713-652-4005

Type: Public
On the web: http://www.keyenergy.com
Employees: 8,582
Employee growth: (12.6%)

Energy is the key to growth for Key Energy Services, one of the US's largest well-servicing and workover companies. The company provides maintenance, workover, and recompletion of wells, primarily for onshore drilling. It also provides services such as contract drilling, well completion and abandonment, oil field fluid transportation, production testing, and storage and disposal services to major and independent oil companies. Key Energy Services has a fleet of 924 well service rigs, which operate primarily in the US, as well as in Argentina, Canada, and Mexico. It also has minority stakes in a Canada-based drilling and production services company and a Russia-based drilling and workover services firm.

Key numbers for fiscal year ending December, 2008:
Sales: $1,972.1M
One year growth: 18.7%
Net income: $84.1M
Income growth: (50.3%)

Officers:
Chairman, President, and CEO: Richard J. (Dick) Alario
EVP and COO: Newton W. (Trey) Wilson III
SVP and CFO: T.M. (Trey) Whichard III

Competitors:
Basic Energy Services
Nabors Industries
Pride International

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