Basic Energy Services (Basic Energy Services) 12-1 Month Momentum % : N/A% (As of May. 12, 2024)

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What is Basic Energy Services 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-12), Basic Energy Services's 12-1 Month Momentum % is N/A%.

The industry rank for Basic Energy Services's 12-1 Month Momentum % or its related term are showing as below:

BASWQ's 12-1 Month Momentum % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 5.63
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of Basic Energy Services's 12-1 Month Momentum %

For the Oil & Gas Equipment & Services subindustry, Basic Energy Services's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.

Basic Energy Services's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Basic Energy Services's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Basic Energy Services's 12-1 Month Momentum % falls into.

Basic Energy Services (OTCPK:BASWQ) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Basic Energy Services (OTCPK:BASWQ) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Basic Energy Services 12-1 Month Momentum % Related Terms

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Basic Energy Services (Basic Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Basic Energy Services Inc (OTCPK:BASWQ) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

801 Cherry Street, Suite 2100, Fort Worth, TX, USA, 76102

Website

https://www.basices.com

Basic Energy Services Inc is a provider of well-site services to oil and natural gas drilling and producing companies. Its operating segments are Completion and Remedial Services, Well Servicing, and Water Logistics. The company generates maximum revenue from Well Servicing segment. Its Well Servicing segment performs a full range of services with a mobile well servicing rig, or workover rig, and ancillary equipment.

Executives

Reeb Robert J. Iii	officer: VP and General Counsel	801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Michael S Henry	officer: See Remarks	801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Pedro R. Buhigas	officer: See Remarks	801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Brandon B. Mcguire	officer: SVP, Central Region	801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Ross Solomon	director	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Derek Jeong	director	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Sterling Renshaw	officer: SVP, Western Region	3990 ROGERDALE RD., HOUSTON TX 77042
Lawrence A. First	director	C/O ASCRIBE CAPITAL 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171
Ascribe Iii Investments Llc	10 percent owner	299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Ascribe Capital Llc	10 percent owner	590 MADISON AVENUE 38TH FLOOR NEW YORK NY 10022
American Securities Llc	10 percent owner	590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Keith L Schilling	director, officer: See Remarks	24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
David Scott Schorlemer	officer: See Remarks	16225 PARK TEN PLACE, SUITE 280, HOUSTON TX 77084
Richard Scott Wegner	officer: See Remarks	801 CHERRY STREET, SUITE 2100, UNIT #21 FORT WORTH TX 76102
Adam Logan Hurley	officer: See Remarks	801 CHERRY STREET, SUITE 2100, UNIT #21 FORT WORTH TX 76102