Company Information

  

Address: 800 GESSNER, SUITE 1000  
City: HOUSTON 
State: TX 
Zip Code: 77024 
Telephone: (713) 935-8900 

Description of Business

Primary SIC Code: 1389
(As filed with the SEC)  

We are one of the largest providers of high specification ("high­spec") well service rigs and associated services in the United States, with a focus on technically demanding unconventional horizontal well completion and production operations. We believe that our fleet of 135 well service rigs is among the newest and most advanced in the industry and, based on our historical rig utilization and feedback from our customers, we believe that we are an operator of choice for U.S. onshore exploration and production ("E&P") companies that require completion and production services at increasing lateral lengths.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-1.10NAN/E
12/2017-0.78NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.06Total Liab/Total Assets0.60
Net Inc/Total Assets-0.03Total Liab/Inv Cap0.79
Net Inc/Inv Cap-0.03Total Liab/Comm Equity1.41
Pretax Inc/Net Sales-0.17Interest Coverage Ratio-3.27
Net Inc/Net Sales-0.04Curr Debt/Equity0.09
Cash Flow/Net Sales-0.11LTD/Equity0.07
SG&A/NetSales0.20Total Debt/Equity0.16
Asset Utilization   Liquidity  
Net Receivables Turnover5.84Quick Ratio0.94
Inventory TurnoverNACurrent Ratio0.94
Inventory Day SalesNANet Rec/Curr Assets0.77
Net Sales/Work Cap-48.12Inv/Curr AssetsNA
Net Sales/PP&E0.81  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 62.60 50.20 41.00 33.70
Cost of Goods Sold 51.30 43.10 33.20 26.20
Selling & Admin Exps 7.00 6.40 8.40 8.30
Operating Income -10.80 -5.40 -4.70 -4.80
Interest Exp 0.40 0.40 4.30 1.10
Pretax Income -11.20 -5.80 -9.00 -5.90
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -5.70 -3.10 8.60 -12.10

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 1.10 5.30 20.90 4.00
Receivables - Total 43.70 38.10 27.90 20.60
Inventories - Total NA NA NA NA
Total Current Assets 51.90 49.70 56.00 31.60
Net Property, Plant & Equipment 199.90 189.20 180.70 120.90
Total Assets 262.50 259.70 257.00 165.30
Liabilities        
Accounts Payable 48.40 43.60 35.80 22.90
Debt in Current Liabilities 8.30 9.30 8.80 35.50
Total Current Liabilities 56.70 52.90 44.60 58.40
Long-Term Debt 16.80 7.30 7.20 0.70
Total Liabilities 164.70 156.00 147.10 60.10
Stockholder's Equity        
Minority Interest 87.60 92.00 94.40 NA
Preferred Stock 0.00 0.00 0.00 NA
Common Stock 0.20 0.20 0.20 NA
Retained Earnings -12.50 -6.60 -3.50 NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 97.80 103.70 109.90 105.20
Total Liabilities and Stockholders' Equity 262.50 259.70 257.00 165.30

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -1.10 -9.70 1.00 -1.80
Net Cash Provided by Investing Activities -11.00 -4.80 -53.60 -3.20
Net Cash Provided by Financing Activities 7.90 -0.90 70.90 5.40

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201521.200.00--
12/201652.800.00--
12/2017154.00-6.60-0.78
Growth Rates169.52----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18544,95755.69




Report Date : 7/16/2018

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