Basic Materal Losers: Key Energy Services (NYSE:KEG), Basic Energy Services, Inc (NYSE:BAS), Warren Resources (NASDAQ:WRES), Gevo (NASDAQ:GEVO)

Key Energy Services (NYSE:KEG) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. Analysts expect that Key Energy Services will post $0.06 EPS for the current fiscal year. Key Energy Services, Inc. (NYSE:KEG) stock performance was -6.04% in last session and finished the day at $ 8.40. Traded volume was 1.98 million shares in the last session and the average volume of the stock remained 2.97 million shares. The beta of the stock remained 2.36. Key Energy Services, Inc. (NYSE:KEG) insider ownership is 2.30%.

Basic Energy Services (NYSE:BAS) Director Kenneth Huseman unloaded 70,000 shares of the stock on the open market in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $25.72, for a total transaction of $1,800,400.00. Basic Energy Services, Inc (NYSE:BAS) dropped -6.37% to $ 25.59 yesterday on volume of 1.07 million shares. The intra-day range of the stock was $ 25.57 – 27.45. Basic Energy Services, Inc (NYSE:BAS) has a market capitalization of $ 1.10 billion.

Warren Resources (NASDAQ:WRES) released its earnings data on Wednesday. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.02, American Banking reports. The company had revenue of $34.20 million for the quarter, compared to the consensus estimate of $34.10 million. Warren Resources, Inc. (NASDAQ:WRES)’s stock on May 8, 2014 reported a decrease of -8.11% to the closing price of $4.53. Its fifty two weeks range is $ 2.46 – 5.63. The total market capitalization recorded $ 333.21 million. The overall volume in the last trading session was 1.24 million shares. In its share capital, Warren Resources, Inc. (NASDAQ:WRES) has 73.56 million outstanding shares.

Gevo (NASDAQ:GEVO) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Thursday, Analyst Ratings News reports. They currently have a $1.30 price target on the stock. Zacks‘s price target points to a potential upside of 26.21% from the company’s current price. On Friday, shares of Gevo, Inc. (NASDAQ:GEVO) dropped -6.80% to close the day at $ 0.960. Company return on investment (ROI) is -60.30% and its monthly performance is recorded as -18.64%. Gevo, Inc. (NASDAQ:GEVO) quarterly revenue growth is -25.00%.