8/29/2022 | DD | Basic Energy’s Chapter 11 plan of liquidation effective as of Aug. 26
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8/9/2022 | DD | Basic Energy wins confirmation of Chapter 11 plan of liquidation
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8/3/2022 | DD | Basic Energy’s plan of liquidation draws objection from U.S. trustee
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6/28/2022 | DD | Basic Energy statement conditionally OK’d; plan hearing Aug. 9
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6/27/2022 | DD | Basic Energy files Chapter 11 liquidation plan, disclosure statement
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5/3/2022 | DD | Basic Energy reports $2.93 million operating loss for March
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4/27/2022 | DD | Basic Energy reschedules hearing to terminate surety bonds
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4/11/2022 | DD | Basic Energy hearing on possible case conversion, dismissal reset
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3/24/2022 | DD | Basic Energy reports $5.44 million operating loss for February
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2/22/2022 | DD | Basic Energy reports $1.81 million operating loss for January
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2/4/2022 | DD | Basic Energy noteholder group says case shouldn’t be converted
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2/3/2022 | DD | Basic Energy, trustee in ‘good faith discussions’ on case progress
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1/7/2022 | DD | Basic Energy: U.S. trustee says case should be converted or dismissed
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12/20/2021 | DD | Basic Energy seeks court approval to sell properties for $5.3 million
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12/16/2021 | DD | Basic Energy seeks exclusivity extension to implement settlement
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11/8/2021 | DD | Basic Energy receives bankruptcy court approval of global settlement
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11/5/2021 | DD | Basic Energy’s proposed settlement draws objection from U.S. trustee
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11/1/2021 | DD | Basic Energy seeks bankruptcy court approval of global settlement
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10/4/2021 | DD | Basic Energy closes assets sales with buyers Select Energy, Ranger
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9/23/2021 | DD | Basic Energy Services gets bankruptcy court approval of asset sales
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9/16/2021 | DD | Basic Energy Services announces winning bidders for most assets
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9/15/2021 | DD | Basic Energy receives final approval of $35 million DIP financing
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8/30/2021 | DD | Basic Energy seeks court approval of key employee bonus programs
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8/27/2021 | DD | Basic Energy official committee of unsecured creditors appointed
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8/25/2021 | DD | Basic Energy receives court approval of bid procedures for assets
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8/20/2021 | BKCVDDEMHY | Prospect News reports two new defaults for Aug. 12-Aug. 18 period
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8/17/2021 | BKDDHY | Basic Energy files bankruptcy for second time, plans to sell assets
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5/20/2021 | BKDDHY | Moody's cuts Basic Energy
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5/17/2021 | BKDDHY | Basic Energy notes grace period, loan forbearance extended to May 23
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4/23/2021 | BKCVDDEMHY | Prospect News reports two new defaults for April 15-April 21 period
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4/16/2021 | BKDDHY | S&P lowers Basic Energy
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4/15/2021 | BKDDHY | Basic Energy enters grace period for notes, forbearance for revolver
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12/21/2020 | BKDDHY | S&P ups Basic Energy
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11/20/2020 | DDHYLM | Basic Energy extends offer to swap 10¾% notes for 11% notes due 2025
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11/10/2020 | BKDDHY | Moody’s cuts Basic Energy
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11/9/2020 | BKDDHY | S&P lowers Basic Energy
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11/5/2020 | DDHYLM | Basic Energy offers to swap 10¾% notes due 2023 for 11% notes due 2025
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3/10/2020 | BKDDHY | Moody’s changes Basic Energy view
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3/10/2020 | BKDDHY | S&P affirms Basic Energy
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1/31/2020 | BKDDHY | S&P trims Basic Energy Services
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8/13/2019 | BKDDHY | Moody’s cuts Basic Energy’s notes
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9/26/2018 | BKCVDDEMIGPV | Market Commentary: Altra, Ascent price; Vine, Resideo on tap; Basic Energy up; Chesapeake Energy lags
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9/25/2018 | BKCVDDEMIGPV | Market Commentary: Chesapeake Energy, Basic Energy price; Altra on tap; Tallgrass hovers at par; Refinitiv active
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12/28/2016 | BKDD | Basic Energy closes on $239.18 million in Chapter 11 exit facilities
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12/23/2016 | DD | Basic Energy emerges from bankruptcy with $125 million in new capital
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12/15/2016 | DD | Basic Energy new convertible noteholders exercise conversion option
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12/9/2016 | DD | Basic Energy Services pre-packaged plan of reorganization confirmed
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11/17/2016 | BKDD | Basic Energy Services granted final approval of $90 million DIP loan
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10/28/2016 | BKCVDDEMHY | Prospect News reports four new defaults for week of Oct. 20-Oct. 26
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10/26/2016 | DD | Basic Energy interim DIP loan OK’d; plan hearing scheduled for Dec. 9
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10/25/2016 | BKDDHY | Moody’s cuts Basic Energy PDR on bankruptcy
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10/25/2016 | BKDDHY | Basic Energy Services files bankruptcy to implement pre-packaged plan
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10/24/2016 | DD | Market Commentary: Peabody stays strong on heavy volume trading; Basic nearly unchanged despite Chapter 11 filing; Linn gains
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10/24/2016 | BKDDHY | Basic Energy to file for Chapter 11, seeks consents to implement plan
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10/21/2016 | BKCVDDEMHY | Prospect News reports six new defaults for Oct. 13-Oct. 19; S&P three
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10/18/2016 | BKDD | Basic Energy gets seven-day extension of temporary ABL revolver waiver
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10/17/2016 | BKDDHY | Basic Energy misses 2022 notes payment, makes progress with creditors
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10/4/2016 | BKCVDDEMHY | S&P global speculative-grade default rate increases to 4.04% in August
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9/29/2016 | BKDDHY | Basic Energy extends forbearance on 7¾% notes, loans through Oct. 16
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9/23/2016 | BKCVDDEMHY | Prospect News reports two new defaults for Sept. 16-Sept. 21, S&P five
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9/16/2016 | BKDD | S&P downgrades Basic Energy, debt to D
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9/16/2016 | BKDD | Moody’s lowers Basic Energy to Ca
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9/14/2016 | BKDDHY | Basic Energy will not make notes payment when grace period expires
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9/7/2016 | BKDD | Basic Energy inks two waiver and consent agreements with term lenders
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8/19/2016 | BKCVDDEMHY | Prospect News reports three new defaults for Aug. 11-Aug. 17, S&P two
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8/16/2016 | BKDDHY | Basic Energy to use interest payment grace period under 7¾% notes
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7/29/2016 | BKDD | Basic Energy Services seeks more time to meet conditions for loan draw
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7/25/2016 | BKDDHY | S&P cuts Basic Energy Services
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7/22/2016 | BKBWDDHY | Basic Energy mulls options to improve capital structure, ends Q2 with $138.4 million liquidity
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6/10/2016 | DD | Market Commentary: Distressed debt activity wanes as market trades off; oil and gas bonds end mixed; AK Steel ends soft
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5/27/2016 | DD | Market Commentary: Energy names firm despite oil price retreat; steel issues gain as feds slam Chinese competitors
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3/24/2016 | BKDDHY | S&P lowers Basic Energy, rates new loan B
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3/10/2016 | BKDDHY | Moody’s drops Basic Energy, notes
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2/19/2016 | DD | Market Commentary: Distressed bonds pare week’s gains; Whiting down as drill plan nixed; Denbury mixed; Basic Energy up
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9/11/2015 | DD | Market Commentary: Oil and gas bonds decline as crude prices drop; AK Steel falls on cheap steel imports problem
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9/10/2015 | BKCVDDEMIGPV | Market Commentary: Frontier moves up timing, Lyon sells small deal; XPO falls on Con-Way bid; Basic Energy declines
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9/10/2015 | DD | Market Commentary: Avon looking to sell equity; Quiksilver bonds jump on filing news; Basic Energy debt declines
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9/4/2015 | BKDDHY | Moody’s cuts Basic Energy, notes
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7/6/2009 | BKDD | Basic Energy warns of possible non-compliance with loan covenants
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