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Companies/Forbes Energy Services Ltd.
Company profile

Forbes Energy Services Ltd.

OTC: FLSS · Energy · Oil & Gas Equipment & Services
PublicHQ Alice, TX · Jim WellsCIK 0001434842Reports USD
#200 of 493 Energy companies by revenue53rd-percentile growth
EA Score
——
FH —DQ 18GM —SS 44
v0.1 · 25/100 weight · pillars only
↑ 3-yr revenue growth, workforce scale · ↓ market scale, return on equity
Methodology →
Revenue TTM
$160.5M
Rev growth YoY (TTM)
-21.2%
Net income (FY)
-$68.4M
Employees
786
Market cap
$72
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$188.4M$188.4M2019
Net income-$68.4M-$68.4M2019
Operating income-$43.9M-$43.9M2019
Total assets$190.3M$190.3M2019
Liabilities$166.3M$166.3M2019
Equity$24.0M$24.0M2019

Revenue trend

FY2018 – FY2019 · USD
$30.8M
FY18
$96.5M
FY18
$180.9M
FY18
$188.4M
FY19

Revenue by segment

Filed disclosures · FY2018
By product
Well Servicing46%
Fluid Logistics32%
Coiled Tubing22%
By geography
Central Texas100%
The read

Forbes Energy Services Ltd. booked $188.4M in FY2019 revenue, growing 4.2% year over year — about the middle of the pack among Energy companies we track, at a -36.3% net margin.

Peers · Energy
Korver Corp.——Delta Oil & Gas, Inc.——Yuma Energy, Inc.——Fuelstream, Inc.——
Key facts
CEOJohn E. Crisp
SectorEnergy
IndustryOil & Gas Equipment & Services
HeadquartersAlice, TX
ExchangeOTC: FLSS
Employees786
IPO date2008-10-27
Latest filings
8-K2020-07-0710-Q2020-06-298-K2020-06-088-K2020-05-218-K2020-05-148-K2020-05-1210-K2020-03-238-K2020-02-26
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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