| Basic Energy Services provides a range of well site services to oil and natural gas drilling and producing companies. Co.'s operating segments are: completion and remedial services, which provides a package of services that include pumping services, rental and fishing tools, coiled tubing, snubbing services, thru-tubing, and underbalanced drilling in low pressure and fluid sensitive reservoirs; well servicing, which encompasses a range of services performed with a mobile well servicing rig and ancillary equipment; water logistics, which provides oilfield fluid supply, transportation, storage and construction services; and contract drilling, which employs drilling rigs and related equipment. We show 12 historical shares outstanding datapoints in our BAS shares outstanding history coverage, used to compute BAS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BAS market cap history over the course of time is important for investors
interested in comparing BAS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BAS versus a peer is one thing; comparing
BAS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BAS can fluctuate over the course of history.
With this page we aim to empower investors researching BAS by allowing them to research the BAS market cap history.