In a Thursday morning statement, the company reported that it is selling almost all of its assets in the pressure pumping business, which includes hydraulic fracturing and other related services.

FORT WORTH, Texas, Feb. 27, 2017 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today that it has signed an agreement to purchase 74,000 hydraulic horsepower (hhp) to be ...

Hydraulic oil ranks high among fluids with multi-function capability. True, for sheer utility, it can’t match olive oil, which through the centuries has been used as food, lubricant, fuel, medicine, ...