Key Energy Services (KEG) revises its Q3 guidance lower, saying it now sees revenue declining 4%...

|About: Key Energy Services, Inc. (KEG)|By:, SA News Editor

Key Energy Services (KEG) revises its Q3 guidance lower, saying it now sees revenue declining 4% to 5% and operating income margins slipping 250 bps to 350 bps. The company says international operations are expected to be in line, but market declines in U.S. drilling operations will impact results.