Basic Energy Services Operating Income

Basic Energy Services posts a operating income of $-62M as of March 2021. That compares with $-56M in the prior-year period — down 10.6% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Basic Energy Services's operating income was $-56M. The latest reading is $-62M — a 10.6% year-over-year decrease (period ending March 2021). Use the history and growth charts on this page for a longer lookback.

Operating Income is one piece of Basic Energy Services's financial statement story. At $-62M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for BASX's operating income usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Basic Energy Services's other metric pages and overview cover the third.

Judging Basic Energy Services against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in operating income easier to interpret. Start with $-62M here, then scan peer and history charts to see if the gap is persistent.