(MIDLAND, Texas)Basic Energy Services Inc., an oil and gas well site services provider, on Monday forecast third-quarter earnings and revenue that beat Wall Street estimates.READ MORE

(CALGARY, Alberta)U.S. federal regulators have approved of Precision Drilling Trust's plan to buy Houston-based gas driller Grey Wolf Inc. in a cash and stock deal worth nearly $2 billion, the compa...READ MORE

(NEW YORK)Shares of Basic Energy, which has been trying to acquire new assets, plummeted Monday when the company announced it had acquired nearly all of oil services trucking company Azurite...READ MORE

(NEW YORK)Moody's Investors Service has placed Houston gas driller Grey Wolf Inc. under review for a possible upgrade after Monday's announcement that it is being bought by Canada's Precisio...READ MORE

(SIOUX FALLS, S.D.)Shares of Canada's Precision Drilling Trust dropped Monday after it announced it would buy Houston-based gas driller Grey Wolf Inc. in a cash and stock deal worth more than $2 bill...READ MORE

Canada's Precision Drilling will buy Grey Wolf in a cash and stock deal worth more than $2 billion, the companies said Monday, apparently ending an extended fight for control of th...READ MORE

Among the stock activity stories for Monday, Aug. 25, from AP Financial News: SIOUX FALLS, S.D. (AP)--Shares of Canada's Precision Drilling Trust dropped Monday after it announced ...READ MORE