Key Energy (KEG -15.6%) is the day's biggest energy decliner following a dismal Q1 which...

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

Key Energy (KEG -15.6%) is the day's biggest energy decliner following a dismal Q1 which recorded lower Q/Q and Y/Y readings in earnings, revenues and EBITDA. U.S. onshore drilling rig counts declined 3% Q/Q; Mexico, its largest international customer, reduced activity during the quarter. KEG sees activity picking up as the year goes on.