OTC : FLSS

Forbes Energy Services Ltd.

$1e-05 USD

$0 (0.0%)

Volume
156
Average Volume
137
Market Capitalization
$72
P/E Ratio
0.00
Dividend Yield
0.00%
Price Target
Year High
$0.00
Year Low
$0.00
Day High
—
Day Low
—
Payout Ratio
$0.00
Current Ratio
$0.46
Company Overview

OTC

John E. Crisp

Oil & Gas Equipment & Services

Energy

FLSS

786

US

USD

https://www.forbesenergyservices.com

361 664 0549

345143200

0001434842

Liquidity Metrics

5.67

0.46

0.46

0.05

0.00

Sales & Valuation

$188.42M

0.00

0.00

0.00

-0.64

Profitability

-$12.5

-$68.4M

-36.30%

-36.38%

-118.56%

-35.95%

P/E Metrics

0.00

0.00

0.00

Analyst Price Target & Rating

N/A

0/5

0 Analysts

%

Financial Health Scores

-3.64

3/9

-$62.11M

$133.47M

$169.1M

-$93.97M

Key Metrics (TTM)

$130.58M

0.69

-9.06

0.46

-118.56%

-14.86%

-124998172.51%

-4859722.22%

35 days

Company Executives
Name Title
John E. Crisp Chairman, President & Chief Executive Officer
Joseph A. Michetti President & Co-Chief Operating Officer of Forbes Energy Services LLC
Steve Macek Executive Vice President & Chief Operating Officer
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About Forbes Energy Services Ltd. (OTC:FLSS) Stock

Forbes Energy Services, Ltd. operates as an independent contractor, offering a broad spectrum of critical well site services to oil and natural gas drilling and production companies across the United States. Its primary objective is to facilitate the development and enhance the output of hydrocarbon resources. The company's operations are strategically divided into three key segments: 1. Well Servicing: This segment encompasses crucial maintenance and intervention services for wells. Offerings include routine remedial repairs, the removal and replacement of downhole production equipment, comprehensive well workovers (such as in-well repairs, re-completion processes, and re-perforations), along with completion and swabbing services. Additionally, they handle plugging and abandonment procedu ... res and provide pressure testing for oil and natural gas production systems, including scanning tubing for potential pitting and wall thickness issues. 2. Coiled Tubing: Focusing on specialized downhole operations, this segment delivers services like horizontal well completions, thorough wellbore clean-outs, maintenance, nitrogen applications, thru-tubing interventions, and formation stimulation using various acids and chemical agents. They also provide essential preparatory services both before and after hydraulic fracturing operations. 3. Fluid Logistics: This segment is dedicated to the comprehensive management of drilling and produced fluids. Its activities involve the transportation, storage, and responsible disposal of these fluids. Specific services include fluid hauling, disposal of saltwater and incidental non-hazardous oil and natural gas wastes from wells, rental of fluid storage tanks for use at well sites by operators, and the sale and transport of chemicals and fluids essential for drilling, completion, and workover processes. As of December 31, 2019, Forbes Energy Services maintained a substantial operational fleet. This included 141 well servicing rigs (comprising 134 workover rigs and 7 swabbing rigs), 103 vacuum trucks and other vehicles for fluid services, 11 proprietary disposal wells, 2,534 fluid storage tanks, and 14 coiled tubing units. Founded in 2003, Forbes Energy Services, Ltd. is headquartered in Alice, Texas.

Frequently Asked Questions

What is the current Forbes Energy Services Ltd. (FLSS) stock price?

Forbes Energy Services Ltd.(OTC:FLSS) stock price is $1e-05 in the last trading session. During the trading session, FLSS stock reached the peak price of $0.0001 while $0.00001 was the lowest point it dropped to. The percentage change in FLSS stock occurred in the recent session was 0.0% while the dollar amount for the price change in FLSS stock was $0.

FLSS's industry and sector of operation?

The OTC listed FLSS is part of Oil & Gas Equipment & Services industry that operates in the broader Energy sector.

Who are the executives of FLSS?

John E. Crisp | Chairman, President & Chief Executive Officer
Joseph A. Michetti | President & Co-Chief Operating Officer of Forbes Energy Services LLC
Steve Macek | Executive Vice President & Chief Operating Officer
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How many employees does FLSS have?

Number of FLSS employees currently stands at 786. FLSS operates from 3000 South Business Highway 281, Alice, TX 78332, US.

Link for FLSS official website?

Official Website of FLSS is: https://www.forbesenergyservices.com

How do I contact FLSS?

FLSS could be contacted at phone #361 664 0549 and can also be accessed through its website. FLSS operates from 3000 South Business Highway 281, Alice, TX 78332, US.

How many shares of FLSS are traded daily?

The average number of FLSS shares traded daily for last 3 months was 137.

What is the market cap of FLSS currently?

The market value of FLSS currently stands at $72 with its latest stock price at $1e-05