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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Key Energy Services Inc | NYSE:KEG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.266 | 0 | 01:00:00 |
From Apr 2019 to Apr 2024
By Allison Prang
Goldman Sachs Group Inc. (GS) has acquired a 7.5% interest in Key Energy Services Inc. (KEG), it said in a regulatory filing Friday.
The investment banking firm acquired about 1.5 million shares in Key as an investment, Goldman said in a filing with the Securities and Exchange Commission.
Goldman said its investing and lending desk plan to try to institute changes at Key to boost shareholder value.
Key, based in Houston, had $521.7 million in revenue in 2018 and reported a net loss of $88.8 million. Its stock has fallen 31% in the last month and 75% in the last 12 months. Year to date, it has risen 86%. Shares closed Thursday at $3.86.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
April 19, 2019 07:01 ET (11:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Key Energy Services Chart |
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