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Forbes Energy Services Ltd FLSS

Energy Oil & Gas Equipment & Services
Forbes Energy Services Ltd. is an independent oilfield services contractor. The Company provides a range of well site services to oil and natural gas drilling and producing companies. It operates through three segments. The well servicing segment utilizes a fleet of well servicing rigs, which is comprised of workover rigs, swabbing rigs, and other related assets and equipment. The coiled tubing segment utilizes its fleet of coiled tubing units to provide a range of services accomplishing a variety of goals including horizontal completions, well bore clean-outs and maintenance, nitrogen services, thru-tubing services, formation stimulation using acid and other chemicals, and other pre- and post-hydraulic fracturing well preparation services. The fluid logistics segment utilizes a fleet of fluid transport trucks and related assets, including specialized vacuum, high-pressure pump and tank trucks, frac tanks, water wells, salt-water disposal wells and facilities, and related equipment.


GREY:FLSS - Post by User

Forbes Energy Services Ltd
Bullboard Posts
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(62)
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Post by Capharnaumon Aug 23, 2012 12:55am
251 Views
Post# 20250485

Why is it trading this low (and no volume)?

Why is it trading this low (and no volume)?

I looked at the financials and they seemed ok. Is it fear from the competition pressure?

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities