Trade

with

Forbes Energy Services Ltd
(NASDAQ: FES)
AdChoices
3.00
-0.12
-3.85%
After Hours :
-
-
-

Open

3.13

Previous Close

3.12

Volume (Avg)

210.28k (33.54k)

Day's Range

2.96-3.20

52Wk Range

2.80-5.75

Market Cap.

65.38M

Dividend Rate ( Yield )

-

Beta

0.71

Shares Outstanding

21.79M

P/E Ratio (EPS)

-

AdChoices
Fundamentals
  • Key statistics
  • Growth
  • Profitability
  • Financial health
  • Price ratios
  • Trading statistics
  • Management effectiveness
Industry Oil & Gas Equipment & Services
Highlights
Analyst Recommendation: Not Available
    • Revenue

    • 419.93M

    • Net Income

    • -13.09M

    • Market Cap.

    • 65.38M

    • Enterprise Value

    • -

    • Net Profit Margin %

    • -3.01

    • PEG (Price/Earnings Growth) Ratio

    • -

    • Beta

    • 0.71

    • Forward P/E

    • -17.64

    • Price/Sales

    • 0.15

    • Price/Book Value

    • 0.55

    • Price/Cash flow

    • 2.01

      • EBITDA

      • 65.64M

      • Return on Capital %

      • -2.66

      • Return on Equity %

      • -10.57

      • Return on Assets %

      • -2.66

      • Book Value/Share

      • 5.46

      • Shares Outstanding

      • 21.79M

      • Last Split Factor (Date)

      • -

      • Last Dividend (Ex-Date)

      • -

      • Dividend Declaration Date

      • -

      Analyst Recommendation
      -
      Not Available
        • 1 Year Price Target

        • 5.00

        • Credit Rating

        • -

        • Analysts

        • 0

        • EPS Estimate

        • -0.17

        • Cashflow Estimate

        • 2.46

        Morningstar Consensus estimate data
        • Growth Rate (%)

        • Company

        • Industry

          • Sales (Revenue)

            Q/Q (last year)

          • 9.20

          • 0.96

          • Net Income

            YTD/YTD (last year)

          • -

          • 15.38

          • Net Income

            Q/Q (last year)

          • -

          • -11.08

          • Sales (Revenue)

            5-Year Annual Average

          • 3.07

          • 11.78

          • Net Income

            5-Year Annual Average

          • -

          • 11.06

          • Dividends

            5-Year Annual Average

          • -

          • 3.50

          • Profit Margins (%)

          • Company

          • Industry

            • Gross Margin

            • 22.80

            • 21.71

            • Pre-Tax Margin

            • -3.85

            • 16.00

            • Net Profit Margin

            • -3.01

            • 11.70

            • Average Gross Margin

              5-Year Annual Average

            • 21.80

            • 22.77

            • Average Pre-Tax Margin

              5-Year Annual Average

            • -7.70

            • 15.47

            • Average Net Profit Margin

              5-Year Annual Average

            • -4.60

            • 239.85B

            • Financial Ratios

            • Company

            • Industry

              • Debt/Equity Ratio

              • 2.42

              • 0.31

              • Current Ratio

              • 2.59

              • 2.17

              • Quick Ratio

              • 2.40

              • 1.47

              • Interest Coverage

              • 0.41

              • 20.37

              • Leverage Ratio

              • 4.10

              • 1.74

              • Book Value/Share

              • 5.46

              • 19.86

              • Price Ratios

              • Company

              • Industry

                • Current P/E Ratio

                • -5.25

                • 22.22

                • P/E Ratio 5-Year High

                • -21.16

                • 151.03

                • P/E Ratio 5-Year Low

                • -2.73

                • 89.85

                • Price/Sales Ratio

                • 0.16

                • 1.60

                • Price/Book Value

                • 0.58

                • 2.23

                • Price/Cash Flow Ratio

                • 2.01

                • 10.50

                • Key Metrics

                • Company

                  • Shares Short

                    as of -

                  • -

                  • Short Ratio

                    as of -

                  • -

                  • Short % of Float

                    as of -

                  • -

                  • Shares Short

                    prior month

                  • -

                  • Trailing Annual Dividend Yield

                  • -

                  • 5 Year Average Dividend Yield

                  • -

                  • Key Metrics

                  • Company

                    • Payout Ratio

                    • -

                    • Dividend Date

                    • -

                    • Ex-Dividend Date

                    • -

                    • Last Split Factor

                      new per old

                    • -

                    • Last Split Date

                    • -

                    • Key Metrics

                    • Company

                    • Industry

                      • Return on Equity %

                        (5-Year Average)

                      • -10.57

                        (-9.70)

                      • 15.53

                        (15.28)

                      • Return on Assets %

                        (5-Year Average)

                      • -2.66

                        (-2.80)

                      • 8.84

                        (8.76)

                      • Return on Capital %

                        (5-Year Average)

                      • 1.81

                        (-8.40)

                      • 11.50

                        (11.70)

                      • Income/Employee

                      • -

                      • 24.93k

                      • Inventory Turnover

                      • -

                      • 6.18

                      • Asset Turnover

                      • 0.89

                      • 0.76

                      Current Historical
                      Financials
                      • Income Statement
                      • Balance Sheet
                      • Cash Flow
                      Operating Income
                      10.77M
                      Operating Margin
                      2.57
                      Total Equity
                      -
                      Retained Earnings
                      -
                      Free Cashflow
                      -
                      Price/Cashflow
                      2.01
                      Ownership

                      Institutional Ownership

                      86.57%

                      Top 10 Institutions

                      83.58%

                      Mutual Fund Ownership

                      11.91%

                      Float

                      52.53%

                      5% / Insider Ownership

                      32.31%

                      Corporate insiders or major stockholders reporting trading activity in the stock.

                      Top Mutual Fund Owners

                      Top Institutional Owners

                      Mutual Fund Name

                      Institution Name

                      • Mutual Fund Name

                      • Shares Held

                      • % Change

                      • % Outstanding

                      • Fidelity® Select Energy Service Port

                      •  

                        1,399,066

                      • 0.00

                      • 6.42

                      • Vanguard Total Stock Mkt Idx

                      •  

                        233,570

                      • 0.00

                      • 1.07

                      • Pru Ret Small Cap Value/Kennedy SP

                      •  

                        226,338

                      • 0.00

                      • 1.04

                      • Vanguard Extended Market Index Fund

                      •  

                        143,916

                      • 0.00

                      • 0.66

                      • Bridgeway Ultra Small Company Market

                      •  

                        123,000

                      • 0.00

                      • 0.57

                      • Assumption/Louisbourg Canadian Small Cap

                      •  

                        81,750

                      • 0.00

                      • 0.38

                      • Bridgeway Omni Small-Cap Value

                      •  

                        62,800

                      • 0.00

                      • 0.29

                      • Vanguard Instl Total Stock Market Index

                      •  

                        50,054

                      • 0.00

                      • 0.23

                      • Bridgeway Ultra Small Company Fund

                      •  

                        47,900

                      • 0.00

                      • 0.22

                      • iShares Micro-Cap

                      •  

                        46,869

                      • 0.00

                      • 0.17

                      • Institution Name

                      • Shares Held

                      • % Change

                      • % Outstanding

                      • West Face Capital Inc.

                      •  

                        4,750,534

                      • +313.52%

                      • 22.24

                      • Steel Partners Holdings LP

                      •  

                        3,733,489

                      • +2.69%

                      • 17.15

                      • Steel Excel Inc

                      •  

                        3,635,789

                      • +2.71%

                      • 17.00

                      • Fidelity Management and Research Company

                      •  

                        1,393,043

                      • +318.44%

                      • 6.40

                      • Modern Group, Ltd.

                      •  

                        1,327,750

                      • 0.00%

                      • 6.22

                      • Kennedy Capital Management Inc

                      •  

                        1,078,823

                      • +3.31%

                      • 4.96

                      • Vanguard Group, Inc.

                      •  

                        368,260

                      • +3.51%

                      • 1.69

                      • RMB Capital Management, LLC

                      •  

                        310,000

                      • -35.15%

                      • 1.42

                      • Bridgeway Capital Management, Inc

                      •  

                        299,600

                      • 0.00%

                      • 1.38

                      Company Profile

                      Sector

                      Energy

                      Industry

                      Oil & Gas Equipment & Services

                      Type

                      Hard Assets

                      Style

                      Small Value

                      Forbes Energy Services Ltd was organized as a Bermuda exempt company on April 9, 2008 to be the holding company for FES LLC and its subsidiaries. The Company is an independent oilfield services contractor that provides a range of wel...morel site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Its operations are concentrated in the onshore oil and natural gas producing regions of Texas, with additional locations in Mississippi, in Pennsylvania. It currently provides a range of services to a diverse group of companies. Its blue-chip customer base includes Anad...morearko Petroleum Corporation, Chesapeake Energy Corporation, ConocoPhillips Company, Rosetta Resources, Inc., and Shell Oil Company, among others. It conducts its operations through two business segments: Well Servicing and Fluid Logistics. At December 31, 2013, Well Servicing segment utilized modern fleet of 167 owned well servicing rigs, which was comprised of 157 workover rigs and 10 swabbing rigs, as well as five coiled tubing spreads, nine tubing testing units, and related assets and equipment. These assets are used to provide well maintenance, including remedial repairs and removal and replacement of downhole production equipment, well workovers, including significant downhole repairs, re-completions and re-perforations, completion and swabbing activities, plugging and abandonment services, and testing of oil and natural gas production tubing. The Company provides services in Completions, Maintenance, Workovers and Recompletions, and in Tubing Testing. The Fluid Logistics segment provides an integrated array of oilfield fluid sales, transportation, storage, and disposal services that are required on workover, drilling, and completion projects and are routinely used in daily operation of producing wells by oil and natural gas producers. It has operational footprint with 15 fluid logistics locations across Texas as of December 31, 2013, and an extensive fleet of transportation trucks, high-pressure pump trucks, hot oil trucks, frac tanks, fluid mixing tanks and salt water disposal wells. The services the Company provides in Fluid Logistics segment are Fluid Hauling, Disposal Services, Equipment Rental and Fluid Sales. The Company's sales and marketing functions are performed at two levels: field level and at corporate level. In field level the Company markets and sales its products through its operations personnel and through sales representatives and executives at the corporate level. The Company competes with small regional service providers as well as larger companies with operations throughout the continental United States and internationally. It competes with Basic Energy Services, Inc., Superior Energy Services, Inc., Heckman Corporation, Key Energy Services, Inc., Nabors Industries Ltd., and Stallion Oilfield Services, Ltd.lessless

                      Key People

                      Mr. John E. Crisp

                      CEO/CEO, Subsidiary/Chairman of the Board/Chairman of the Board, Subsidiary/Director/President/President, Subsidiary

                      Mr. L. Melvin Cooper

                      CFO/Chief Accounting Officer/Secretary/Senior VP

                      Mr. Charles C. Forbes

                      COO/COO, Subsidiary/Director/Executive VP/Executive VP, Subsidiary

                      Mr. Dale W. Bossert

                      Director

                      Mr. Travis H. Burris

                      Director

                      Incorporated

                      2008

                      Employees

                      2,230

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