KEY ENERGY Stock Story


USD 2.50  0.00  0.00%   

As many millenniums are getting more into petroleum and natural space, we are going to break down Key Energy and ALLIS CHALMERS as potential short-term trade. We are going to inspect some of the competitive aspects of both Key Energy and ALLIS.
Published over two months ago
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What should I pick up ALLIS (NYSE:ALY) or Key Energy (NYSE:KEGX)?

By analyzing existing technical and fundamental indicators between Key Energy and ALLIS, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in ALLIS with a short position in Key Energy. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Key Energy has an asset utilization ratio of 21.07 percent. This suggests that the company is making $0.21 for each dollar of assets. An increasing asset utilization means that Key Energy Services is more efficient with each dollar of assets it utilizes for everyday operations.

How important is KEY ENERGY's Liquidity

KEY ENERGY financial leverage refers to using borrowed capital as a funding source to finance KEY ENERGY SERVICES ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. KEY ENERGY financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between KEY ENERGY's total debt and its cash.

How does KEY ENERGY utilize its cash?

To perform a cash flow analysis of KEY ENERGY, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash KEY ENERGY is receiving and how much cash it distributes out in a given period. The KEY ENERGY cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
KEY ENERGY Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. KEY ENERGY reported Net Cash Flow from Operations of (26.11 Million) in 2021

Payment of 8877 shares by Hargis Katherine of Key Energy subject to Rule 16b-3

Legal trades by KEY ENERGY insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Key Energy insider trading alert for payment of common stock by Hargis Katherine, Sr VP Gen CounselSecr, on 25th of May 2021. This event was filed by Key Energy Services Inc with SEC on 2020-02-06. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Will Key Energy rebound before July?

Key Energy current coefficient of variation rises over 1627.78. Key Energy Services is displaying above-average volatility over the selected time horizon. Investors should scrutinize Key Energy Services independently to ensure intended market timing strategies are aligned with expectations about Key Energy volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Key Energy's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Key Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Key Energy Implied Volatility

Key Energy's implied volatility exposes the market's sentiment of Key Energy Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Key Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Key Energy stock will not fluctuate a lot when Key Energy's options are near their expiration.

Our Final Perspective on Key Energy

While some firms under the oil & gas equipment & services industry are still a bit expensive, Key Energy may offer a potential longer-term growth to investors. With an optimistic outlook on your 90 days horizon, it may be a good time to buy new shares of Key Energy or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Key Energy.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of KEY ENERGY SERVICES. Please refer to our Terms of Use for any information regarding our disclosure principles.

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