This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Basic Energy Services' CEO Presents At Barclays CEO Energy-Power Conference (Transcript)

Basic Energy Services, Inc. (BAS)

Barclays CEO Energy-Power Conference Call

September 6, 2012 11:05 am ET

Executives

Kenneth V. Huseman – President, Chief Executive Officer and Director

Presentation



Unidentified Analyst

All right everyone. We’ll move right along here. Next up this morning is Basic Energy Services, a leading North America well service company. Speaking for the company this morning is Ken Huseman, the President and CEO. Ken has had a long history in the well service industry and has been President and CEO since joining the company in 1999. Prior to his involvement with Basic, Ken was the Chief Operating Officer at Key Energy Services from 1996 to 1999, following positions at both Pool Energy Services and WellTech. During his time at Key Energy, he executed over 50 acquisitions and grew the companies well service rig fleet from 200 to over 1,400 rigs.

Ken had bought on a similar strategy when he joined Basic through strategic acquisitions, adding well service rigs, trucking and drilling operations, moving the company into pressure pumping and coiled tubing and establishing a presence in most of the major U.S. basins. Please help me welcome back to the CEO Energy Conference Ken Huseman. Ken?

Kenneth V. Huseman

Thanks, Jack, and thanks to Barclays for allowing us to present. We appreciate the opportunity, it’s always well attended, one of the big deals of the year as far as the conferences. Of course we need you to go through the forward-looking statements that you’ve seen all this before; it’s the same as everybody else, just be aware; I may say something that doesn’t come true.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,091.15 -112.22 -0.62%
S&P 500 2,092.67 -15.11 -0.72%
NASDAQ 4,955.6290 -24.2720 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs