Monday, August 25, 2025

The Permian M&A Effect: Basic Energy Services Adds 74,000 Hydraulic Horsepower

All of Basic’s stacked fleet will be active by the end of March Basic Energy Services (ticker: BAS) announced today the purchase of 74,000 hydraulic horsepower for $28.5 million, or $400 per hhp. This purchase will bring Basic’s total frac hhp to 431,650 and total hhp to 517,445. The acquisition will be paid for by using a combination of cash