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SEC Filings

8-K
KEY ENERGY SERVICES INC filed this Form 8-K on 02/27/2018
Entire Document
 


 
http://api.tenkwizard.com/cgi/image?quest=1&rid=23&ipage=12085547&doc=3
 
February 26, 2017

 
 
 


 
Successor
 
 
Predecessor
 
Year Ended December 31, 2017 (Unaudited)
 
Period from December 16, 2016 through December 31, 2016
 
 
Period from January 1, 2016 through December 15, 2016
Revenues
 
 
 
 
 
 
U.S. Rig Services
$
248,830

 
$
8,549

 
 
$
222,877

Fluid Management Services
80,726

 
3,208

 
 
76,008

Coiled Tubing Services
41,866

 
1,392

 
 
30,569

Fishing & Rental Services
59,172

 
3,389

 
 
55,790

International
5,571

 
1,292

 
 
14,179

Consolidated Total
$
436,165

 
$
17,830

 
 
$
399,423

 
 
 
 
 
 
 
Operating Income (Loss)
 
 
 
 
 
 
U.S. Rig Services
$
(3,620
)
 
$
(1,930
)
 
 
$
(39,460
)
Fluid Management Services
(19,532
)
 
(1,138
)
 
 
(37,936
)
Coiled Tubing Services
1,631

 
(256
)
 
 
(19,322
)
Fishing & Rental Services
7,506

 
(265
)
 
 
(26,408
)
International
(4,993
)
 
67

 
 
(59,226
)
Functional Support
(77,172
)
 
(5,326
)
 
 
(120,249
)
Consolidated Total
$
(96,180
)
 
$
(8,848
)
 
 
$
(302,601
)
 
 
 
 
 
 
 
Operating Income (Loss) % of Revenues
 
 
 
 
 
 
U.S. Rig Services
(1.5
)%
 
(22.6
)%
 
 
(17.7
)%
Fluid Management Services
(24.2
)%
 
(35.5
)%
 
 
(49.9
)%
Coiled Tubing Services
3.9
 %
 
(18.4
)%
 
 
(63.2
)%
Fishing & Rental Services
12.7
 %
 
(7.8
)%
 
 
(47.3
)%
International
(89.6
)%
 
5.2
 %
 
 
(417.7
)%
Consolidated Total
(22.1
)%
 
(49.6
)%
 
 
(75.8
)%






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