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COMPANY INFORMATION
Forbes Energy Services Ltd. 3000 Business Hwy 281 South, PO Box 2108 Alice, TX, United States 78333 Tel: (361) 664-0549 Fax: (361) 396-0564 Contact Name L. Melvin Cooper Industry Oil & Gas Equipment & Services		Key Executives John E. Crisp, CEO L. Melvin Cooper, CFO Provides drilling and production related services to oil and natural gas companies in Texas, Mississippi and Mexico.
FP ADVISOR COVERAGE Forbes Energy Services Ltd. • FP Corporate Analyzer • FP Corporate Surveys • Ordering FP Products		TOP INDUSTRY PLAYERS Oil & Gas Equipment & Services Company Name Revenue ($000s)  Flint Energy Services Ltd. 2,311,207 ShawCor Ltd. 1,379,577 Mullen Group Ltd. 1,314,224 Enerflex Systems Income Fund 1,046,679 Trican Well Service Ltd. 1,016,083 (Links are to Snapshots.)
FINANCIAL RATIOS AS OF FEB 8/10 Listed Close 52-wk High 52-wk Low IAD Latest Dividend Yield 60-mo Beta TSX/FRB $0.83 $1.46 $0.29 n.a. n.a. n.a. n.a. Avg 20-day Volume P/E 12-mo EPS EPS Date 1-yr Return 3-yr Return 5-yr Return Market Cap. (000s) 69,936 n.a. US$-0.35 Sept. 30/09 -30.83% n.a. n.a. $51,552
ANNUAL FINANCIALS Periods ended: 12m Dec. 31/08A 1 12m Dec. 31/07A 12m Dec. 31/06A US$000s US$000s US$000s Operating revenue 360,929 207,006 132,715 Net income (29,748) 43,594 32,273 Total assets 482,801 259,995 128,518 US$ US$ US$ Earnings per share* (0.65) n.a. n.a. % % % Return on equity (25.99) 79.80 n.m.   * Com. & cl. B A Reported in accordance with U.S. GAAP 1 Results prior to May 29, 2008, pertain to C.C. Forbes, LLC.
TRAILING 12-MONTH VALUES Periods ended: Sept. 30/09A Sept. 30/08A US$000s US$000s Operating revenue 260,316 n.a. Net income (25,515) n.a. US$ US$ Earnings per share (0.41) n.a.   A Reported in accordance with U.S. GAAP

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