KEY ENERGY SERVICES INC company info

CIK 318996
IRS Number 042648081
State of incorporation DE
Business address 1301 MCKINNEY STREET
SUITE 1800
HOUSTON
TX
77010
Mail address 1301 MCKINNEY STREET
SUITE 1800
HOUSTON
TX
77010

Short summary

KEY ENERGY SERVICES INC is a Texas company, with head office located at 1301 Mckinney Street Houston, Texas 77010. In 2017 the company owned a total of 489.50 million USD worth of assets, including 180.17 million USD worth of current assets and 309.33 million USD worth of non-current assets. 2011 was the year when the company amassed the most assets.

KEY ENERGY SERVICES INC Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Operating Income (Loss) -125.21-3.93253.78206.9530.16-203.88-1,027.31-96.18
Interest expense 42.6239.4141.9642.5453.5755.2054.2373.8531.80
Other Nonoperating Income (Expense) -2.55-1.391.001.111.881.422.642.316.44
Income Tax Expense (Benefit) 81.90-65.97-20.5164.1257.35-3.06-80.48-192.85-1.70
Net income 84.06-156.1273.50101.467.62-21.77-178.63-917.70-120.59

KEY ENERGY SERVICES INC Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 58.5079.6447.0414.6428.2824.7423.45225.48103.5294.6852.26
Accounts Receivable, Net, Current 284.92376.81404.43433.14300.73181.2376.4566.1593.34
Inventories 21.1931.2338.6239.8640.5635.1426.9619.8319.19
Deferred income taxes 25.3234.3852.1027.4418.1214.6910.130
Property, Plant and Equipment, Gross 1,619.591,987.042,459.322,575.042,593.632,548.322,340.04406.09424.39
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 837.61958.001,059.041,180.451,268.121,410.791,522.3144.25124.98
Goodwill 349.11466.41624.66624.86601.84561.040
Intangible Assets, Net (Excluding Goodwill) 41.1512.923.990.520.46
Other Assets, Noncurrent 13.2325.5031.0418.2235.6356.9119.2615.549.49
Total assets 1,681.842,084.082,790.322,732.442,457.612,289.781,129.78588.35489.50
Current assets 418.95500.21617.03619.87452.49521.38288.80210.48180.17
Non-current assets 1,262.891,583.872,173.302,112.572,005.121,768.40840.98377.87309.33
Accounts payable 50.4975.1582.4490.2765.6844.5723.6710.0615.61
Taxes Payable, Current 34.8848.8340.1528.9117.5521.689.869.69
Total current liabilities 225.65279.19330.79265.02216.84157.94141.1598.61104.01
Long-term Debt, Excluding Current Maturities 425773.57848.11763.98737.69961.70245.48243.10
Long-term Debt 572.55773.57867.83718.70961.08950.40244.12242.09
Deferred income taxes 146.98159.10275.50269.03275.56178.2614.1600
Other Accrued Liabilities, Noncurrent 19.7227.9629.0927.9225.6627.0730.7500.39
Common Stock, Value, Issued 12.5614.3015.1115.2415.3615.7716.090.200.20
Retained Earnings (Accumulated Deficit) 127.34228.60344.35315.33233.87-5.72-972.78-70.29-172.69
Accumulated Other Comprehensive Income (Loss), Net of Tax -51.00-53.10-59.62-15.20-17.42-36.76-42.271.260

KEY ENERGY SERVICES INC Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 84.06-156.1273.50101.467.62-21.77-178.63-917.70-120.59
Depreciation and amortization 149.61149.23137.05169.60213.78225.30200.74180.2784.54
Depreciation 135.30125.80145.70190.50206.20191.90176.10129.503.60
Amortization of Intangible Assets 11.2521.2323.3019.078.784.124.120.06
Depreciation and amortization 169.56143.81169.60213.78225.30200.74180.2784.54
Deferred Income Tax Expense (Benefit) 29.75-41.26-12.3785.7936.00-11.93-82.92-189.33-0.04
Accounts receivable 34.94-168.8226.45152.7715.41-54.00-54.02-151.49-0.67
Net Cash Provided by (Used in) Operating Activities 367.16184.84129.81188.31369.66228.64164.17-22.40-51.37
Payments to Acquire Productive Assets 218.99128.42180.31359.10447.16164.14161.6440.8116.08
Payments to Acquire Businesses, Net of Cash Acquired 99.01-12.0186.69187.0600
Net Cash Provided by (Used in) Investing Activities -329.07-110.64-8.63-520.09-428.71-160.88-146.84-19.4016.91
Proceeds from Issuance of Long-term Debt 0047520500305.550
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 24.236.0112.1115.6113.3113.7910.9510.177.59
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 24.236.0112.1115.6113.3113.7910.9510.177.59
Payments for Repurchase of Common Stock 139.360.493.105.687.523.202.250.360.70
Net Cash Provided by (Used in) Financing Activities -7.97-127.48-100.21306.0873.95-85.49-22.06218.7317.16
Cash and Cash Equivalents, Period Increase (Decrease) 34.19-55.3019.23-21.1910.51-17.64-1.00177.05-17.44