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Key Energy Services, Inc. (KEGX)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.50000.0000 (0.00%)
At close: 10:54AM EDT
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  • B
    More drilling equal more drilling services. Kramer told me to buy this many year ago. Still holding.
  • E
    Ed Struble
    Ummm, %28.88 in one day??? WHY?
  • C
    Lottery ticket
  • K
    Moelis & Company LLC - Investment Bankers - specialize in M&As and equity raises and debt recapitalizations.
    Sullivan & Cromwell - Legal Counsel - among other things represents debtors in bankruptcy filings.
    Not sure yet which way Key Energy Services is going.
    They already filed Chapter 11 October 24, 2016. Another Chapter 11 in just three years? I wonder who would invest in the company which flies Chapter 11 every three years.
  • K
    "Pursuant to the Forbearance Agreements, the Lenders party thereto have agreed that, until the earlier of December 6, 2019 or the occurrence of certain specified early termination events, such Lenders will forbear from exercising any default-related rights and remedies with respect to the Specified Defaults."
    So, we have about 20 days to wait until we know where Key Energy Services Equity is going.
  • F
    Parker Drilling recently filed for BK at 7x leverage...KEG is at ~12x and now oil is down 30+%. CYA
  • W
    Inside management team buying shares on the open market. And have Sold zero.

    selling now will be a mistake. But have to go against the tide to $.

    KEG will be over $1 within 2 months. Just waiting for debt to be redone and hopefully a 2025 or beyond due date. Companies redo there debt structure constantly.
  • W
    When they get their financing and new long term loans next month, people maybe very sorry they are selling. It will "pop" back to $1.25 in a new york second.

    If that happens. Which probably will.
  • C
    Time to buy this bottom at 1.65! Gas and oil headed higher this summer.
  • K
    Key Energy Management reiterates that they are in discussions with lenders to restructure the debt outside Chapter 11: “As previously announced, Key has entered into a forbearance agreement with our lenders. Our Board and management are working constructively with our lenders to address the Company’s capital structure, and if we reach an agreement with our lenders, we expect that agreement will significantly reduce the Company’s debt. Yet the market is pricing the stock as Key Energy is going to file Chapter 11 soon.
  • Y
    Yahoo Finance Insights
    KEG is up 9.54% to 14.93
  • G
    The stock is trading like its going out of business.......I doubt that.
  • N
    Insiders bought 70k shares and higher revs, lowering losses. Guidance. On sale 2.25pps
  • K
    Interestingly enough, KEG made $1.2 million in equity base compensation in Q3:19 and expects approximately $1 million in quarterly equity base compensation in Q4:19. So, they must be awarding stock options to their key personnel. Does that mean KEG stock has future?
  • C
    Is this company still in existence?
  • F
    Great day!
  • A
    Please anyone knows till me straight away. Thanks
  • W
    Bankruptcy again lmao! Should be a limit of one bankruptcy per year. After that you have to liquidate
  • D
    Diego francesco Colnago
    I’m in gain! Wow... 8 month later..
  • S
    cut my losses? or hold?