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United States

Basic Energy Services Inc (BAS)

BAS on New York Consolidated

40.45USD
27 Feb 2017
Change (% chg)

$2.43 (+6.39%)
Prev Close
$38.02
Open
$38.11
Day's High
$40.86
Day's Low
$38.11
Volume
925,736
Avg. Vol
--
52-wk High
$44.81
52-wk Low
$29.36

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Fri, Jan 20 2017

BRIEF-Ascribe Capital reports sale of 134,019 shares of Basic Energy Services common stock on Jan 18 & 19

* Ascribe Capital LLC reports sale of 134,019 shares of Basic Energy Services common stock on Jan 18 & 19 - SEC filing Source text: (http://bit.ly/2jHuFUa) Further company coverage:

BRIEF-Susquehanna Advisors Group reports passive stake of 6.5% in Basic Energy Services as on Dec 23, 2016

* Susquehanna Advisors Group Inc reports passive stake of 6.5 percent in Basic Energy Services Inc as on December 23, 2016 - SEC filing Source text (http://bit.ly/2jMbDgy) Further company coverage:

BRIEF-Basic Energy Services initiates chapter 11 proceedings pursuant to restructuring support agreement

* Basic Energy Services initiates prepackaged chapter 11 proceedings pursuant to restructuring support agreement

BRIEF-Basic Energy says anticipates it will enter backstop agreement on or before Oct. 26 - SEC filing

* Anticipates that it will enter into a backstop agreement on or before October 26, 2016 - SEC filing

BRIEF-Basic Energy Services receives extension of waiver from asset-based lenders

* Basic Energy Services receives extension of waiver from asset-based lenders

BRIEF-Basic Energy Services announces progress made in discussions with creditors

* Basic Energy Services announces substantial progress made in discussions with creditors

BRIEF-Basic Energy enters a forbearance agreement with over 81% of holders of 7.75% senior notes

* Basic Energy Services enters into forbearance agreement and obtains waivers to continue deleveraging negotiations with secured lenders and unsecured bondholders

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