Basic Energy Services, Inc. (BAS) 2010年年度报告「NYSE」.pdf

1、Poised for Performance2010 annual rePortContract DrillingCompletion&Remedial ServicesFluid ServicesWell Servicing*Net income before interest,taxes,depreciation and amortization.EPS(Per Diluted Share)$2.56$2.13$(2.13)$(1.14)20062007 200820092010$2.50$2.00$1.50$1.00$0.50$(0.50)$(1.00)$(1.50)$(2.00)$(2

2、.50)$2.00Well CountRecent Drilling Rig CountOil Well Count%Gas Well Count%Sources:Drilling rig count is from Land Rig Newsletter Biweekly Report.eXtensiVe footPrint in Prolific BasinsMid Continent260,000+65%20935%50%18450%South Texas/Gulf Coast 45,000+Permian Basin150,000+80%31520%Rocky Mountains100

3、,000+35%22565%45%29455%Ark-La-Tex 70,000+Appalachian185,000+15%12985%FOOTPRINTBasic Energy Services focuses on the well count in the most prolific oil and gas producing regions in the country.We base our core operations in proven oil and gas markets with a footprint that covers approximately 70%of t

4、he existing oil and gas production in the U.S.financial HiGHliGHts20062007 200820092010$1,000$750$500$250$0REVENUE(Millions)ADJUSTED EBITDA*(Millions)$231$259$277$34$11420062007 200820092010$300$250$200$150$100$50$0*Net income before interest,taxes,depreciation and amortization.20062007 200820092010

5、$400$300$200$100$0SEGMENT PROFIT(Millions)To our ShareholderS,While 2010 began as another tough year in the energy services industry,we did see the turn of the cycle early in the year as unexpectedly strong oil prices drove increased oil-related activity across the lifecycle of the well.Our customer

6、s developed a sense of urgency toward routine well maintenance,enhanced recovery projects and other development activity as the year progressed.The big demand driver,however,came in the form of increased drilling activity in several markets.New drilling and completion technologies developed in the g