Basic Energy Services, More Than Just A Well Service Company

Wunderlich Securities believes Basic Energy Services BAS should see the largest financial boost to upcoming quarters from its Completion Services and FLuid Services as Well Services is likely to see seasonal decline and modest growth due to low natural gas prices. Basic's added capacity remains tight while demand expands. Basic is more oil leveraged than most, but needs incremental response in natural gas business before it is likely to see earnings levels of 2008. Wunderlich maintains its Buy rating and $14 per share price target. Beat the market consistently by receiving reliable options market information from the Options Whisper!
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Posted In: Analyst ColorAnalyst RatingsEnergyOil & Gas Equipment & ServicesWunderlich Securities
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