Profile: Forbes Energy Services Ltd (FES.OQ)

FES.OQ on NASDAQ Stock Exchange Global Market

4.08USD
4:00pm EDT
Price Change (% chg)

$-0.12 (-2.86%)
Prev Close
$4.20
Open
$4.11
Day's High
$4.21
Day's Low
$3.90
Volume
6,411
Avg. Vol
10,585
52-wk High
$5.75
52-wk Low
$2.93

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Forbes Energy Services Ltd. (FES Ltd) is an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. FES Ltd operates in two segments: well servicing and fluid logistics and other. Its operations are concentrated in the onshore oil and natural gas producing regions of Texas, with additional locations in Mississippi, in Pennsylvania and, prior to the disposition of its Mexican assets in January 2012, which is discussed below, in Mexico. In January 2012, the Company sold its assets located in Mexico, as well as its equity interests in Forbes Energy Services Mexico Servicios de Personal, S. de R.L. de C.V.

Company Address

Forbes Energy Services Ltd

3000 SOUTH BUSINESS HIGHWAY 281
ALICE   TX   78332
P: +1361.6640549
F: +1361.6645044

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