Forbes Energy Services Ltd. (FLSS) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerForbes Energy Services Ltd. (FLSS) trades at $0.00001. Forbes Energy Services, Ltd. provides well site services for oil and natural gas drilling and producing companies in the United States. Sector: Energy.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for FLSS: FLSS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Forbes Energy Services Ltd. (FLSS) Energy Operations & Outlook
Forbes Energy Services, Ltd. (FLSS) is an independent oilfield services contractor providing well site services in the United States. Operating through three segments, Well Servicing, Coiled Tubing, and Fluid Logistics, the company offers maintenance, workovers, and fluid management solutions to oil and natural gas drilling and producing companies.
What Is the Investment Thesis for FLSS?
Forbes Energy Services, Ltd. operates in the cyclical oil and gas industry, making it highly sensitive to commodity price fluctuations. With a negative profit margin of -36.3% and a negative gross margin of -0.3%, the company's financial performance is concerning. The company's high beta of 19.90 indicates extreme volatility relative to the market. Investors may want to evaluate the risks associated with OTC trading, including limited liquidity and regulatory oversight. The absence of a dividend further reduces its appeal to income-seeking investors. Any investment decision should be made with caution, considering the company's financial challenges and the volatile nature of the energy sector.
Based on FMP financials and quantitative analysis
FLSS Key Highlights
Operates in three segments: Well Servicing, Coiled Tubing, and Fluid Logistics.
- Fleet includes 141 well servicing rigs and 14 coiled tubing units (as of December 31, 2019).
- Provides services to oil and natural gas drilling and producing companies in the United States.
- Negative profit margin of -36.3% indicates financial challenges.
- Trades on the OTC market, which presents unique risks and considerations.
Who Are FLSS's Competitors?
FLSS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| RCON Recon Technology, Ltd. | $1.25 | -3.85% | — | |
| STAK STAK Inc. Ordinary Shares | $1.10 | -0.90% | $11.0M | — |
| KLXE KLX Energy Services Holdings, Inc. | $1.38 | -2.13% | $28.3M | — |
| GEOS Geospace Technologies Corporation | $4.80 | +0.73% | $62.1M | — |
| DTI Drilling Tools International Corp. | $2.29 | -0.87% | $80.5M | — |
| DWSN Dawson Geophysical Company | $2.76 | +6.15% | $85.7M | — |
| NINE Nine Energy Service, Inc. | $7.56 | +1.89% | $105M | — |
| BOOM DMC Global Inc. | $5.80 | +3.11% | $119M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FLSS's Key Strengths?
Comprehensive range of well site services.
- Established infrastructure and equipment fleet.
- Experienced workforce.
- Presence in key oil and gas producing regions.
What Are FLSS's Weaknesses?
Negative profit and gross margins.
- High debt levels.
- Dependence on commodity prices.
- Limited geographic diversification.
What Are the Key Risks for FLSS?
Financial-distress signal — its Altman Z-Score of -3.64 sits in the distress zone (elevated bankruptcy risk).
- Inconsistent delivery — missed Wall Street EPS estimates in 7 of the last 8 reported quarters.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Fluctuations in oil and gas prices could negatively impact demand for services.
- Increased competition from larger oilfield service companies.
- Stringent environmental regulations could increase operating costs.
- Economic downturns could reduce drilling activity and demand for services.
- Negative profit and gross margins indicate financial instability.
What Are FLSS's Competitive Advantages?
- Established infrastructure of well servicing rigs, coiled tubing units, and fluid logistics equipment.
- Long-standing relationships with oil and gas operators.
- Expertise in providing a range of well site services.
- Strategic locations of disposal wells and fluid storage facilities.
What Does FLSS Do?
Founded in 2003 and headquartered in Alice, Texas, Forbes Energy Services, Ltd. operates as an independent oilfield services contractor. The company provides a range of well site services designed to develop and enhance the production of oil and natural gas for drilling and producing companies across the United States. Forbes Energy Services operates through three primary segments: Well Servicing, Coiled Tubing, and Fluid Logistics. The Well Servicing segment focuses on well maintenance, remedial repairs, downhole production equipment services, well workovers, re-completions, and plugging and abandonment services. The Coiled Tubing segment offers horizontal completions, well bore clean-outs, nitrogen services, and formation stimulation. The Fluid Logistics segment handles the transportation, storage, and disposal of drilling and produced fluids. As of December 31, 2019, Forbes Energy Services operated with a substantial asset base, including 141 well servicing rigs, 103 fluid service trucks, 11 disposal wells, 2,534 fluid storage tanks, and 14 coiled tubing units.
What Products and Services Does FLSS Offer?
- Provides well maintenance services, including remedial repairs.
- Offers well workovers, such as downhole repairs and re-completions.
- Provides completion and swabbing services.
- Offers plugging and abandonment services.
- Provides pressure testing services of oil and natural gas production.
- Offers horizontal completions and well bore clean-outs.
- Transports, stores, and disposes of drilling and produced fluids.
- Rents fluid storage tanks for use by oilfield operators.
How Does FLSS Make Money?
- Generates revenue by providing well servicing, coiled tubing, and fluid logistics services.
- Charges fees for well maintenance, workovers, and completions.
- Earns revenue from the transportation, storage, and disposal of drilling fluids.
- Rents fluid storage tanks to oilfield operators.
What Industry Does FLSS Operate In?
Forbes Energy Services operates within the oil and gas equipment and services sector, a segment heavily influenced by commodity prices and drilling activity. The industry is characterized by intense competition, with companies like EXLA and GAPJ vying for market share. Market trends include a focus on efficiency and cost reduction, as well as increasing demand for specialized services like horizontal completions and fluid management. Forbes Energy Services' performance is closely tied to the overall health of the oil and gas industry, making it susceptible to cyclical downturns.
Who Are FLSS's Key Customers?
- Oil and natural gas drilling companies.
- Oil and natural gas producing companies.
- Oilfield operators.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Company Profile
Forbes Energy Services Ltd. operates in the Oil & Gas Equipment & Services industry within the Energy sector. It is headquartered in Alice, US. The company is led by CEO John E. Crisp. FLSS has traded publicly since 2008.
Key Financial Metrics
Return on assets is -35.9%, showing how much profit it generates from its asset base. A current ratio of 0.46 means current liabilities exceed short-term assets, a liquidity point worth watching.
Financial Health
Forbes Energy Services Ltd.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -3.64 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
Forbes Energy Services Ltd. has missed Wall Street's EPS estimate in 7 of its last 8 reported quarters — a recurring pattern of falling short of estimates. Reported results have landed about 58.6% below estimates on average.
Insider Activity
12 transactions · 1 purchases, 0 sales, 11 other transactions · 5 identified insiders · most recent available transactions. Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
FLSS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
FLSS Latest News
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Stocks That Hit 52-Week Lows On Friday
· Oct 4, 2019
FLSS Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FLSS.
Price Targets
Wall Street price target analysis for FLSS.
FLSS MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FLSS; grades run from A+ (80-100) to F (below 30).
Leadership: John E. Crisp
CEO
John E. Crisp serves as the CEO of Forbes Energy Services Ltd. His background includes extensive experience in the oilfield services industry. He is responsible for managing the company's overall strategy and operations, overseeing a workforce of 786 employees. Crisp's leadership focuses on enhancing the company's service offerings and expanding its market presence within the United States.
Track Record: Under John E. Crisp's leadership, Forbes Energy Services has navigated a challenging period marked by volatile commodity prices and increased competition. Key strategic decisions have included streamlining operations and focusing on core service areas. The company has worked to maintain its infrastructure and client relationships during this time.
FLSS OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Forbes Energy Services may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in companies on the OTC Other tier involves a higher degree of risk compared to those listed on major exchanges.
- OTC Tier: OTC Other
- Limited financial disclosure due to OTC listing.
- Low trading volume and liquidity.
- Higher price volatility compared to exchange-listed stocks.
- Potential for delisting or trading suspension.
- Increased risk of fraud or manipulation.
- Verify the company's legal status and registration.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive position.
- Evaluate the management team and their track record.
- Understand the risks associated with the OTC market.
- Consult with a financial advisor.
- Check for any regulatory actions or legal proceedings.
- Established history of operations since 2003.
- Physical headquarters located in Alice, Texas.
- Fleet of well servicing rigs and equipment.
- Presence in the oil and gas industry.
- CEO with experience in the oilfield services sector.
Common Questions About FLSS (Energy)
What are the main risks for FLSS?
The main risks for Forbes Energy Services Ltd. include fluctuations in oil and gas prices, which can directly impact demand for its services. As an OTC-listed company, FLSS is subject to liquidity risks and limited financial disclosure.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2019.