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Forbes Energy Services Ltd (FLSS PINK) stock market data APIs
Forbes Energy Services Ltd Financial Data Overview
Forbes Energy Services, Ltd., an independent oilfield services contractor, provides a range of well site services for oil and natural gas drilling and producing companies to develop and enhance the production of oil and natural gas in the United States. It operates through three segments: Well Servicing, Coiled Tubing, and Fluid Logistics. The Well Servicing segment offers well maintenance services, including remedial repairs, and removal and replacement of downhole production equipment; well workovers, such as downhole repairs, re-completions, and re-perforations; completion and swabbing services; plugging and abandonment services; and pressure testing services of oil and natural gas production and scanning tubing for pitting and wall thickness. The Coiled Tubing segment provides various services, such as horizontal completions, well bore clean-outs and maintenance, nitrogen, thru-tubing, formation stimulation using acid and other chemicals, and other pre-and post-hydraulic fracturing well preparation services. The Fluid Logistics segment transports, stores, and disposes various drilling and produced fluids used in oil and natural gas production. This segment is involved in fluid hauling activities; the disposal of salt water, and incidental non-hazardous oil and natural gas wastes produced from oil and natural gas wells; rental of fluid storage tanks for use by oilfield operators to store various fluids at well sites; and sale and transportation of various chemicals and fluids used in drilling, completion, and workover operations for oil and natural gas wells. As of December 31, 2019, the company operated a fleet of 141 well servicing rigs comprising 134 workover rigs and 7 swabbing rigs; 103 fluid service vacuum trucks, trailers, and other hauling trucks; 11 disposal wells; 2,534 fluid storage tanks; and 14 coiled tubing units. Forbes Energy Services, Ltd. was founded in 2003 and is headquartered in Alice, Texas.
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Get Forbes Energy Services Ltd Fundamental Data
Forbes Energy Services Ltd Fundamental data includes:
- Net Revenue: 160 M
- EBITDA: -1 043 000
- Earnings Per Share:
- Income Statements
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- Cash flows
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- Latest Release: 2020-06-29
- EPS/Forecast: NaN
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Forbes Energy Services Ltd News

Forbes Energy Services Acquires Cretic Energy Services
ALICE, Texas, Nov. 16, 2018 (GLOBE NEWSWIRE) -- Forbes Energy Services, Ltd. (OTCQX: FLSS) (“Forbes”), announced today that it has acquired Cretic Energy Services, LLC (“Cretic” or the “Co...


Forbes Energy Services Announces Completion of Successful Restructuring Process
ALICE, Texas, April 17, 2017 (GLOBE NEWSWIRE) -- Forbes Energy Services Ltd. (the “Company” or “Forbes”) today announced that the plan of reorganization (the “Plan”) under Chapter 11 of ...

Forbes Receives Confirmation of Plan of Reorganization Company Set to Emerge in April
ALICE, Texas , March 31, 2017 (GLOBE NEWSWIRE) -- Forbes Energy Services Ltd. (OTC Pink:FESLQ) (the “Company” or “Forbes”) today announced that the plan of reorganization (the “Plan”) u...

Forbes Commences Voluntary Chapter 11; Files Prepackaged Reorganization Plan
Operations to Continue Uninterrupted; Vendors and Trade Creditors Paid in Full $280 Million of Unsecured Notes To Be Exchanged for Equity in Reorganized Company ALICE, Texas, Jan. 23, 2017 (GLOBE ...
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