Basic Energy Services
Oil and GasTexas, United States0-1 Employees
Basic Energy Services filed bankruptcy in 2021, sold off assets and yards and went out of business by end of year 2021.
Asset Sales Basic Energy Services has conducted multiple asset sales recently, indicating a potential need for new service providers or suppliers by the acquiring companies such as Ranger Energy Services and Select Energy Services.
Headcount Reductions Significant headcount reductions by Basic Energy Services suggest an opportunity for outplacement services, career coaching, or recruitment agencies to assist the impacted employees in transitioning to new roles or industries.
Leadership Changes The departure of David Schorlemer as CFO in 2020 might create an opening for financial consulting firms or executive search agencies to offer services to Basic Energy Services or recruit for similar roles in the market.
Competitive Landscape With similarities to other key players like Halliburton, Superior Energy Services, and Precision Drilling, identifying their clients and establishing relationships with them could lead to potential cross-selling opportunities and partnerships.
Industry Challenges Given the industry's volatility and the downsizing trend in oilfield services, there is an opportunity for risk management firms, financial advisors, or consultants to support Basic Energy Services and similar companies in navigating through economic uncertainties.
Basic Energy Services uses 8 technology products and services including Google Analytics, SiteCatalyst, Drupal, and more. Explore Basic Energy Services's tech stack below.
Basic Energy Services Email Formats | Percentage |
First.Last@basicenergyservices.com | 92% |
Last.First@basicenergyservices.com | 5% |
FirstLast@basicenergyservices.com | 2% |
F.Last@basicenergyservices.com | 1% |
Oil and GasTexas, United States0-1 Employees
Basic Energy Services filed bankruptcy in 2021, sold off assets and yards and went out of business by end of year 2021.
Basic Energy Services's revenue is in the range of $100M$1B
Basic Energy Services's revenue is in the range of $100M$1B