On my watchlist today is Key Energy Services. Key Energy Services, Inc., together with its subsidiaries, operates as an onshore, rig-based well servicing contractor in the United States. It operates in three segments: Well Servicing, Pressure Pumping Services, and Fishing and Rental Services. The Well Servicing segment provides a range of well services, including rig-based services, oilfield transportation services, and other ancillary oilfield services to complete, maintain, and workover oil and natural gas producing wells, as well as offers cased-hole electric wireline services. The Pressure Pumping Services segment offers well stimulation services, such as fracturing, nitrogen services, and acidizing; and cementing services to oil and natural gas producers. The Fishing and Rental Services segment involves various services for recovering lost or stuck equipment in the wellbore, as well as offers a fishing tool, which is a downhole tool designed to recover equipment lost in the well to oil and natural gas production companies. This segment also offers rental equipment, including tubulars, handling tools, pressure-control equipment, and a fleet of power swivels for use on land and offshore for drilling and workover services. The company operates primarily in the continental United States and internationally in Argentina. Key Energy Services was founded in 1977 and is based in Houston, Texas.
Key Energy Services Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Feb-08 is better than 96.5% of CGQ Universe companies and 81% of Energy companies.
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