Key Energy to issue 2Q earnings report

Key Energy Services, Inc. based in Houston is planning to release its second quarter 2018 financial results on Aug. 8.

A firm with extensive operations throughout Oklahoma, Key Energy plans to release the results after the market close on that Wednesday. Its management will hold a conference call to discuss the results on Thursday, Aug. 9 at 10 a.m. CDT.

Key Energy has operations from one end of Oklahoma to the other with facilities in Guymon, Woodward, Elk City, El Reno, Oklahoma City, Hennessey, Broken Arrow and Lindsay.

The company reported first quarter 2018 consolidated revenues of $125.3 million and a pre-tax loss of $25 million or $1.23 a share. Revenue was up 8% over the fourth quarter of 2017.

The first quarter consolidated revenues increased $24 million or 23% over the first quarter of 2017.