Basic Energy Services (OTCMKTS:BASX) and Recon Technology (NASDAQ:RCON) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, profitability, dividends and earnings.
Risk and Volatility
Basic Energy Services has a beta of 2.11, suggesting that its stock price is 111% more volatile than the S&P 500. Comparatively, Recon Technology has a beta of 2.91, suggesting that its stock price is 191% more volatile than the S&P 500.
This is a summary of current ratings and recommmendations for Basic Energy Services and Recon Technology, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Basic Energy Services||0||0||0||0||N/A|
Earnings & Valuation
This table compares Basic Energy Services and Recon Technology’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Basic Energy Services||$567.25 million||0.01||-$181.90 million||N/A||N/A|
|Recon Technology||$14.91 million||0.42||-$3.69 million||N/A||N/A|
Recon Technology has lower revenue, but higher earnings than Basic Energy Services.
This table compares Basic Energy Services and Recon Technology’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Basic Energy Services||-60.99%||-199.32%||-26.61%|
Insider & Institutional Ownership
0.1% of Basic Energy Services shares are owned by institutional investors. Comparatively, 5.6% of Recon Technology shares are owned by institutional investors. 0.5% of Basic Energy Services shares are owned by insiders. Comparatively, 28.0% of Recon Technology shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Recon Technology beats Basic Energy Services on 8 of the 9 factors compared between the two stocks.
About Basic Energy Services
Basic Energy Services, Inc. provides wellsite services to oil and natural gas drilling and producing companies in the United States. Its Well Servicing segment provides services performed with a mobile well servicing rig and ancillary equipment, such as maintenance work involving removal, repair, and replacement of down-hole equipment; hoisting tools and equipment required by the operation into and out of the well, or removing equipment from the well bore; and plugging and abandonment services, as well as manufactures and sells workover rigs. As of December 31, 2019, this segment operated a fleet of 306 well servicing rigs. The company's Water Logistics segment provides oilfield fluid supply, transportation, storage, and midstream services, such as the operation of company-owned fresh water and brine source wells and of non-hazardous wastewater disposal wells; sale and transportation of fresh and brine water; transportation of fluids used in drilling, completion, workover, and flowback operations and of saltwater produced as a by-product; rental of portable fracturing tanks and test tanks; recycling and treatment of wastewater, including produced water and flowback; and preparation, construction, and maintenance of access roads, drilling locations, and production facilities. This segment owned and operated 762 fluid service trucks with an average fluid hauling capacity of up to 150 barrels; and owned 87 saltwater disposal wells. Its Completion & Remedial Services segment offers services, including rental and fishing tools; coiled tubing; snubbing services; thru-tubing; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 24 air compressor packages, 32 snubbing units, and 9 coiled tubing units. The company was formerly known as Sierra Well Service, Inc. and changed its name to Basic Energy Services, Inc. in 2000. Basic Energy Services, Inc. was founded in 1992 and is headquartered in Fort Worth, Texas.
About Recon Technology
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information solutions. It also provides oil and gas production enhancing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing technique; and electronic broken-down service to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; and oily sludge disposal solutions. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.
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