News articles about Key Energy Services (NYSE:KEG) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Key Energy Services earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 47.4396709758753 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Key Energy Services (KEG) traded down $0.30 during trading hours on Wednesday, hitting $14.49. 60,441 shares of the stock were exchanged, compared to its average volume of 132,313. The firm has a market capitalization of $306.30, a price-to-earnings ratio of -2.47 and a beta of 3.06. Key Energy Services has a 52 week low of $8.20 and a 52 week high of $25.97.
Key Energy Services (NYSE:KEG) last posted its quarterly earnings results on Monday, February 26th. The oil and gas company reported ($1.34) earnings per share for the quarter, missing the consensus estimate of ($1.33) by ($0.01). The business had revenue of $116.28 million for the quarter, compared to analysts’ expectations of $112.90 million. equities research analysts anticipate that Key Energy Services will post -2.64 EPS for the current year.
In other news, SVP Katherine Hargis sold 6,092 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $15.00, for a total value of $91,380.00. Following the transaction, the senior vice president now owns 37,381 shares of the company’s stock, valued at approximately $560,715. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO David J. Brunnert sold 2,868 shares of the stock in a transaction on Monday, January 8th. The stock was sold at an average price of $15.00, for a total transaction of $43,020.00. Following the completion of the transaction, the chief operating officer now directly owns 70,042 shares in the company, valued at approximately $1,050,630. The disclosure for this sale can be found here. Insiders sold a total of 13,888 shares of company stock valued at $199,245 over the last ninety days.
About Key Energy Services
Key Energy Services, Inc is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies, foreign national oil companies, and independent oil and natural gas production companies. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International.
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