Basic Energy Services, Inc.

Basic Energy Services, Inc.

Sector: Drilling Oil And Gas Wells Region: TX, United States

: | New York Stock Exchange: BAS

Founded in 1992, Basic Energy Services provides a range of services to help America’s oil and gas producers keep more than 900,000 existing wells in production throughout their lifecycle - from the initial drilling of the well to ongoing maintenance to plugging and abandonment. Today, more than 5,700 Basic Energy Services professionals provide essential services to over 2,000 oil and gas companies throughout the major oil and gas producing regions in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas, the Appalachian Region and the Rocky Mountain States
. Based in Fort Worth, Texas, Basic Energy Services, Inc. trades on the NYSE under the ticker symbol “BAS”.

Investor Calendar

Latest Media

Warning! Third-party cookies must be enabled to view SlideShare presentations. ×

Having trouble?

Corporate Video

Basic Energy Services, Inc. video

Corporate Video

Basic Energy Services, Inc. video

Bloomberg Interview with Kenneth Huseman

Basic Energy Services, Inc. video

Enercom Oil and Gas Conference interview with Alan Krenek

Basic Energy Services, Inc. video

Basic Energy Brochure


Kenneth V. Huseman, President, Chief Executive Officer and Director
Kenneth V. Huseman has 33 years of well servicing experience. He has been our President and Chief Executive Officer and a Director since 1999. Prior to joining Basic, he was Chief Operating Officer at Key Energy Services from 1996 to 1999. He was a Divisional Vice President at WellTech, Inc., from 1993 to 1996. From 1978 to 1993, he was employed at Pool Energy Services Co., where he managed operations throughout the United States. Mr. Huseman currently serves as a Director of Natural Gas Services Group, Inc., a Midland, Texas based publically traded company, providing gas compression equipment to the oil and natural gas industry in the U.S. Mr. Huseman graduated with a B.B.A. degree in Accounting from Texas Tech University.
Alan Krenek, Senior VP, Chief Financial Officer, Treasurer and Secretary
Alan Krenek has 24 years of related industry experience. He has been our Vice President, Chief Financial Officer and Treasurer since January 2005. He became Senior Vice President and Secretary in May 2006. From October 2002 to January 2005, he served as Vice President and Controller of Fleetwood Retail Corp., a subsidiary in the manufactured housing division of Fleetwood Enterprises, Inc. He worked in various financial management positions at Pool Energy Services Co. from 1980 to 1993 and at Noble Corporation from 1993 to 1995. Mr. Krenek graduated with a B.B.A. degree in Accounting from Texas A&M University and is a certified public accountant.
T. M. "Roe" Patterson, Senior Vice President, Chief Operating Officer
T. M. “Roe” Patterson has 17 years of related industry experience. He has been our Senior Vice President of Rig and Truck operations since September 2008, and has been the Vice President of various different groups within Basic since February 2006. Prior to joining us, he was president of his own manufacturing and oilfield service company, TMP Companies, Inc., from 2000 to 2006. He was a Contracts/Sales Manager for the Permian Division of Patterson Drilling Company from 1996 to 2000. He was in Engine Sales for West Texas Caterpillar from 1995 to 1996. Mr. Patterson graduated with a Bachelor of Science degree from Texas Tech University.

News & Analysis