Last $4.10 USD
Change Today +0.07 / 1.74%
Volume 1.1M
PES On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

pioneer energy services corp (PES) Snapshot

Open
$4.05
Previous Close
$4.03
Day High
$4.11
Day Low
$3.90
52 Week High
07/16/14 - $18.40
52 Week Low
01/20/15 - $3.67
Market Cap
261.6M
Average Volume 10 Days
1.2M
EPS TTM
$0.27
Shares Outstanding
63.8M
EX-Date
--
P/E TM
15.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for PIONEER ENERGY SERVICES CORP (PES)

pioneer energy services corp (PES) Related Businessweek News

View More BusinessWeek News

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.

3,650 Employees
Last Reported Date: 02/13/14
Founded in 1968

pioneer energy services corp (PES) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $704.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $367.3K
Executive Vice President and President of Pro...
Total Annual Compensation: $338.8K
Senior Vice President, Compliance Officer, Ge...
Total Annual Compensation: $337.3K
Compensation as of Fiscal Year 2013.

pioneer energy services corp (PES) Key Developments

Pioneer Energy Services Corp. Announces Executive Changes, Effective January 1, 2015

Pioneer Energy Services announced that Franklin (Red) C. West, Executive Vice President and President of Drilling Services Segment, will retire effective January 1, 2015. The company also announced that Brian L. Tucker will succeed Mr. West as Executive Vice President and President of the Drilling Services Segment, effective January 1, 2015. Since joining Pioneer in 2012, Mr. Tucker has served as Senior Vice President over the Appalachia, Utah and North Dakota drilling divisions.

Pioneer Energy Services Corp. Presents at Jefferies 2014 Global Energy Conference, Nov-12-2014 02:00 PM

Pioneer Energy Services Corp. Presents at Jefferies 2014 Global Energy Conference, Nov-12-2014 02:00 PM. Venue: St Regis Hotel, 1919 Briar Oaks Lane, Houston, Texas, United States. Speakers: William Stacy Locke, Chief Executive Officer, President and Executive Director.

Pioneer Energy Services Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production Guidance for the Fourth Quarter of 2014 and Capital Expenditure Guidance for Full Year 2014; Reports Impairment Charges for the Third Quarter of 2014

Pioneer Energy Services Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $273,267,000 against $243,979,000 a year ago. The increase in Revenue was primarily due to strong demand and higher utilization in Production Services Segment. Income from operations was $31,480,000 against $1,870,000 a year ago. Income before income taxes was $22,380,000 against loss before income taxes of $9,844,000 a year ago. Net income was $12,453,000 or $0.19 per diluted share against net loss of $6,230,000 or $0.10 per basic and diluted share a year ago. Adjusted EBITDA was $78,108,000 against $59,398,000 a year ago. Adjusted net income was $6,240,000 or $0.09 per share. Total capital expenditures were $52,665,000 against $27,435,000 a year ago. For the nine months, the company reported total revenues of $772,113,000 against $722,003,000 a year ago. Income from operations was $68,456,000 against loss from operations of $14,953,000 a year ago. Income before income taxes was $18,449,000 against loss before income taxes of $52,530,000 a year ago. Net income was $9,555,000 or $0.15 basic and per diluted share against net loss of $33,417,000 or $0.54 per diluted share a year ago. Net cash provided by operating activities was $154,930,000 against $110,075,000 a year ago. Purchases of property and equipment were $120,738,000 against $137,945,000 a year ago. Adjusted EBITDA was $211,092,000 against $178,926,000 a year ago. Total capital expenditures were $130,578,000 against $102,145,000 a year ago. For the fourth quarter of 2014, drilling rig utilization is expected to average between approximately 89% and 92%, based on a fleet of 62 rigs. Drilling Services Segment margin is expected to be approximately $8,400 to $8,700 per day. Production Services Segment revenue is expected to be down approximately 5% to 7% as compared to the third quarter due to normal seasonality. Production Services Segment margin as a percentage of revenues is expected to be down approximately 1% to 2% as compared to the third quarter. For the year, the company estimates total cash capital expenditures will be at the low end of previous guidance of $185 million to $200 million. For the third quarter of 2014, the company reported impairment charges of $678,000 against $9,504,000 a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PES:US $4.10 USD +0.07

PES Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Basic Energy Services Inc $5.70 USD -0.02
C&J Energy Services Inc $9.54 USD -0.57
Forbes Energy Services Ltd $0.96 USD +0.011
Key Energy Services Inc $1.68 USD -0.03
Parker Drilling Co $2.64 USD -0.02
View Industry Companies
 

Industry Analysis

PES

Industry Average

Valuation PES Industry Range
Price/Earnings 36.9x
Price/Sales 0.3x
Price/Book 0.5x
Price/Cash Flow 1.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PIONEER ENERGY SERVICES CORP, please visit www.pioneeres.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.