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Last $3.05 USD
Change Today +0.03 / 0.99%
Volume 954.0K
PES On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:15 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

pioneer energy services corp (PES) Snapshot

Open
$3.07
Previous Close
$3.02
Day High
$3.14
Day Low
$2.95
52 Week High
09/2/14 - $15.37
52 Week Low
08/21/15 - $1.91
Market Cap
196.7M
Average Volume 10 Days
1.7M
EPS TTM
$-0.11
Shares Outstanding
64.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PIONEER ENERGY SERVICES CORP (PES)

pioneer energy services corp (PES) Related Businessweek News

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pioneer energy services corp (PES) Details

Pioneer Drilling Co. provides contract land drilling services to oil and natural gas exploration and production companies in the U.S. The company also supplies drilling crews and ancillary equipment for operating its rigs. As of May, 2006, its rig fleet comprised 57 operating drilling rigs, of which 15 were operating in south Texas, 18 in east Texas, 7 in north Texas, 5 in western Oklahoma, and 12 in the Rocky Mountains. Pioneer Drilling, based in San Antonio, was founded in 1968.

3,400 Employees
Last Reported Date: 02/17/15
Founded in 1968

pioneer energy services corp (PES) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $715.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $375.0K
Senior Vice President, Compliance Officer, Ge...
Total Annual Compensation: $345.0K
Compensation as of Fiscal Year 2014.

pioneer energy services corp (PES) Key Developments

Pioneer Energy Services Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Expenditures Guidance for the Full Year of 2015; Announces Impairment Charges for the Second Quarter Ended June 30, 2015

Pioneer Energy Services reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's total revenues were $135,011,000 against $259,812,000 a year ago. The decline from the prior and year-earlier quarters was due to reduced activity and pricing as a result of lower oil and gas prices. Loss from operations was $75,108,000 against income of $21,917,000 a year ago. Loss before income taxes was $79,867,000 against $1,389,000 a year ago. Net loss was $77,281,000 or $1.20 basic and diluted per share against $319,000 or $0.01 basic and diluted per share a year ago. Adjusted EBITDA was $35,196,000 against $69,725,000 a year ago. Adjusted net loss was $10,980,000 or $0.17 diluted per share against adjusted net income of $8,934,000 or $0.14 diluted per share a year ago. Net cash used for purchases of property and equipment was $38,352,000 against $42,893,000 a year ago. Total capital expenditures were $46,344,000 against $40,996,000 a year ago. For the six months, the company's total revenues were $328,825,000 against $498,846,000 a year ago. Loss from operations was $83,442,000 against income of $39,852,000 a year ago. Loss before income taxes was $96,336,000 against $3,931,000 a year ago. Net loss was $89,300,000 or $1.39 basic and diluted per share against $2,898,000 or $1.39 basic and diluted per share a year ago. Adjusted EBITDA was $71,954,000 against $132,984,000 a year ago. Purchases of property and equipment were $84,027,000 against $74,567,000 a year ago. Net cash provided by operating activities was $121,771,000 against $95,487,000 a year ago. Adjusted net loss was $19,165,000 or $1.39 diluted per share against adjusted net income of $11,355,000 or $0.05 diluted per share a year ago. Total capital expenditures were $95,160,000 against $77,913,000 a year ago. The company now estimates that its total cash capital expenditures for 2015 will be $160 million to $170 million. The total 2015 capital expenditure budget includes partial payments for five 1,500 horsepower AC drilling rigs, nine well servicing rigs, eight wireline units, routine capital expenditures and certain drilling equipment which was ordered in 2014 but requires a long lead-time for delivery. For the second quarter of 2015, the company recorded impairment charges of $71,329,000.

Pioneer Energy Services Corp., Q2 2015 Earnings Call, Jul 30, 2015

Pioneer Energy Services Corp., Q2 2015 Earnings Call, Jul 30, 2015

Pioneer Energy Services Corp. to Report Q2, 2015 Results on Jul 30, 2015

Pioneer Energy Services Corp. announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Jul 30, 2015

 

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PES:US $3.05 USD +0.03

PES Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Basic Energy Services Inc $4.96 USD +0.07
Key Energy Services Inc $0.68 USD -0.0071
Parker Drilling Co $3.24 USD +0.14
TETRA Technologies Inc $7.50 USD +0.26
Trinidad Drilling Ltd C$2.67 CAD +0.06
View Industry Companies
 

Industry Analysis

PES

Industry Average

Valuation PES Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.5x
Price/Cash Flow 4.1x
TEV/Sales NM Not Meaningful
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