CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Forbes Energy Services Ltd is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Forbes Energy Services Ltd
3000 South Business Highway 281
Phone: (361) 664-0549p:361 664-0549 ALICE, TX  78332  United States Ticker: FLSSFLSS

Emerged from Bankruptcy on 4/13/2017
This company ceased filing statements with the SEC on 7/8/2020.

Business Summary
Forbes Energy Services Ltd. is an independent oilfield services contractor. The Company provides a range of well site services to oil and natural gas drilling and producing companies. It operates through three segments. The well servicing segment utilizes a fleet of well servicing rigs, which is comprised of workover rigs, swabbing rigs, and other related assets and equipment. The coiled tubing segment utilizes its fleet of coiled tubing units to provide a range of services accomplishing a variety of goals including horizontal completions, well bore clean-outs and maintenance, nitrogen services, thru-tubing services, formation stimulation using acid and other chemicals, and other pre- and post-hydraulic fracturing well preparation services. The fluid logistics segment utilizes a fleet of fluid transport trucks and related assets, including specialized vacuum, high-pressure pump and tank trucks, frac tanks, water wells, salt-water disposal wells and facilities, and related equipment.
(Source: 10-Q)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202012/31/2019YesYesYesYes-

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, President, Chief Executive Officer John E.Crisp 55 4/11/2008 4/11/2008
Chief Financial Officer, Senior Vice President, Assistant Secretary L. MelvinCooper 63 4/11/2008 4/11/2008
Director Rome G.Arnold 61 4/13/2017 4/13/2017
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
C.C. Forbes, LLC 3000 South Business Highway 281 Alice TX United States
Forbes Energy Services LLC 3000 South Business Highway 281 Alice TX United States
TX Energy Services, LLC 3000 South Business Highway 281 Alice TX United States
Cretic Energy Services, LLC 18001 Hwy 105 W Montgomery TX United States

Business Names
Business Name
C.C. Forbes, LLC
Cretic Energy Services, LLC
FES
7 additional Business Names available in full report.

General Information
Number of Employees: 786 (As of 12/31/2019)
Outstanding Shares: 7,171,152 (As of 6/26/2020)
Shareholders: 19
Stock Exchange: OTC
Federal Tax Id: 980581100
Fax Number: (361) 396-0564


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Friday, March 22, 2024