Forbes Energy Services (Forbes Energy Services) Risk Assessment

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What is Forbes Energy Services Risk Assessment?

Risk Assessment represents the investment risk of a stock derived from our exclusive method. It suggests how risky the investment opportunity is based on the valuation and the fundamental performance of the stock. It is derived from following key aspects:

1. GuruFocus internally developed valuations of the stock, such as GF valuation.
2. Quality Rank, a business quality indicator developed by GuruFocus.
3. Fundamental performance: Piotroski F-Score, Altman Z-Score, Beneish M-Score, etc.
4. Growth opportunities: 5-year revenue growth rate, 5-Year EPS without NRI Growth Rate, etc.

Value investors are always willing to find undervalued stocks. However, not all the undervalued stocks are good deals, we should also be careful of how risky the investment opportunity is. We believe that if the company's financial strength and profitability are strong, and the stock price is within a reasonable range of the GF valuation, or stock has a high return with its price being undervalued, then it might be a good investment opportunity with low risk.

Based on those aspects listed above, GuruFocus believes the risk assessment of Forbes Energy Services is: No Data: Cannot be evaluated.

Competitive Comparison of Forbes Energy Services's Risk Assessment

For the Oil & Gas Equipment & Services subindustry, Forbes Energy Services's Risk Assessment, along with its competitors' market caps and Risk Assessment data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Forbes Energy Services's Risk Assessment Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Forbes Energy Services's Risk Assessment distribution charts can be found below:

* The bar in red indicates where Forbes Energy Services's Risk Assessment falls into.

Forbes Energy Services (OTCPK:FLSS) Risk Assessment Explanation

Based on the four aspects listed above, GuruFocus provides the following 7 evaluations:

All-in-One Screener Examples (1)
Low Risk: Strong fundamentals, worth long-term holding
Moderate Risk: Sensitive, better choose undervalued stock
High Risk: High uncertainty with risk-return tradeoff
High Risk: Good fundamentals, beware of shrinking business
High Risk: Sensitive to economic or industry trends
High Risk: High uncertainty
No Data: Cannot be evaluated

(1) These are some simple examples. You can access our Risk Assessment filter under All-in-One Screener’s Fundamental tab and set your own criteria.

Forbes Energy Services Risk Assessment Related Terms

Thank you for viewing the detailed overview of Forbes Energy Services's Risk Assessment provided by GuruFocus.com. Please click on the following links to see related term pages.

Forbes Energy Services (Forbes Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forbes Energy Services Ltd (OTCPK:FLSS) » Definitions » Risk Assessment

Comparable Companies

Traded in Other Exchanges

N/A

Address

3000 South Business Highway 281, Alice, TX, USA, 78332

Website

http://www.forbesenergyservices.com

Forbes Energy Services Ltd operates as an oilfield services contractor that provides a wide 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. The company operates in three business segments namely Well Servicing which is the key revenue driver, Coiled Tubing, and Fluid Logistics. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Geographically, it operates in South, East, Central, and West Texas.

Executives

Ascribe Associates Iii, Llc	10 percent owner, other: See Remarks	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Solace General Partner, Llc	10 percent owner, other: See Remarks	11111 SANTA MONICA BLVD, SUITE 1275 LOS ANGELES CA 90025
Solace Forbes Holdings, Llc	10 percent owner, other: See Remarks	11111 SANTA MONICA BLVD, SUITE 1275 LOS ANGELES CA 90025
American Securities Llc	10 percent owner, other: See Remarks	590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Ascribe Opportunities Fund Iii(b), L.p.	10 percent owner, other: See Remarks	C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000
Ascribe Opportunities Fund Iii, L.p.	10 percent owner, other: See Remarks	C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000
Solace Capital Special Situations Fund, L.p.	10 percent owner, other: See Remarks	11111 SANTA MONICA BOULEVARD SUITE 1275 LOS ANGELES CA 90025
Ascribe Capital Llc	10 percent owner, other: See Remarks	590 MADISON AVENUE 38TH FLOOR NEW YORK NY 10022
Ascribe Iii Investments Llc	10 percent owner, other: See Remarks	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Solace Capital Partners, L.p.	10 percent owner, other: See Remarks	11111 SANTA MONICA BLVD, SUITE 1275 LOS ANGELES CA 90025
L Melvin Cooper	officer: Senior Vice President & CFO	2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043
Steve Macek	officer: EVP, COO	3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332
John E. Crisp	director, officer: President & CEO	3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332
Joe Michetti	officer: President & Co-COO of FES LLC	18001 HIGHWAY 105 WEST, SUITE 102 MONTGOMERY TX 77356
David B Rosenwasser	director	3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332

Forbes Energy Services (Forbes Energy Services) Headlines

From GuruFocus

Forbes Energy Services Acquires Cretic Energy Services

By GlobeNewswire GlobeNewswire • 11-16-2018

Forbes Energy Services Acquires Cretic Energy Services

By Marketwired Marketwired • 11-17-2018

Superior Energy Services Announces Strategic Transaction

By PRNewswire PRNewswire • 12-18-2019

Forbes Energy Services Announces: Combination of Forbes Energy Services with US onshore oilfield services business of Superior Energy

By PRNewswire PRNewswire • 12-18-2019

Forbes Energy Services Ltd. Announces Results Of Rights Offering

By PRNewswire PRNewswire • 03-05-2019