Forbes Energy Services Limited operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Forbes Energy Services Limited with three other
Oil and Gas Field Services in North America:
Independence Contract Drilling Inc
sales of $203.60 million
of which 100%
was Drilling operation),
Western Energy Services Corporation
(196.41 million Canadian Dollars [US$148.01 million]
of which 72%
was Contract Drilling), and
High Arctic Energy Services Incorporation
based in CANADA
(185.50 million Canadian Dollars [US$139.79 million]
of which 50%
was Production Services).
Forbes Energy Services Limited reported sales of $188.42 million
December of 2019.
increase of 4.2%
versus 2018, when the company's sales were $180.90 million.
This was the third consecutive year of growth at Forbes Energy Services Limited.
Sales of Coiled Tubing saw an increase
that was more than double the company's growth rate: sales were up
32.3% in 2019, from
$39.57 million to $52.34 million.
Forbes Energy Services Limited also saw significant increases in sales in
Well Servicing (up 10.2% to $91.52 million)
Not all segments of Forbes Energy Services Limited experienced an increase in sales in 2019:
sales of Fluid Logistics fell 23.5% to $44.57 million.