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March 21, 2013
08:28 EDTHAL, BAS, NBRNorth American Oil Services sell-off a buying opportunity, says Goldman
Goldman believes the sell-off in North American service sector names has created a buying opportunity. The firm's channel checks indicate Q1 earnings grew at a faster rate driven by completion work. The firm expects Conviction Buy rated Halliburton (HAL) to report in-line Q1 results and recommends buying on the recent pullback. The analyst recommends Conviction Buy rated Basic Energy (BAS) on better utilization and completion work and Conviction Buy rated Nabors Industries (NBR) on relative valuation.
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August 21, 2014
09:15 EDTHALEnerCom to hold a conference
The Oil & Gas Conference to be held in Denver on August 18-21 with webcasted company presentations to begin on August 21 at 10 am; not all company presentations may be webcasted. Webcast Link
August 19, 2014
07:18 EDTBASEnerCom to hold a conference
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August 14, 2014
15:11 EDTBASBasic Energy management to meet with SunTrust
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August 12, 2014
06:35 EDTBASBasic Energy reports July basic's well servicing rig count remains at 421
Basic Energy Services reported selected operating data for the month of July 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 73,300 producing a rig utilization rate of 69%, compared to 74% and 71% in June 2014 and July 2013, respectively. During the month, Basic's fluid service truck count increased by three to 1,019. Fluid service truck hours for the month were 214,900 compared to 205,300 and 189,000 in June 2014 and July 2013, respectively. Drilling rig days for the month were 331 producing a rig utilization of 89%, compared to 88% and 77% in June 2014 and July 2013, respectively.

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