Pioneer Energy Services Corp. provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The company offers contract land drilling services in the Marcellus/Utica, Eagle Ford, Permian Basin, and Bakken regions, as well as in Colombia. It operates a fleet of 16 AC rigs in the United States and 8 SCR rigs in Colombia. The company also provides well servicing, wireline services, and coiled tubing services to exploration and production companies in the onshore oil and gas producing regions in the Mid-Continent and Rocky Mountain states; and in the onshore and offshore Gulf Coast. As of December 31, 2017, it operated a fleet of 113 rigs with 550 horsepower and 12 rigs with 600 horsepower; 112 wireline units; and 10 onshore and 4 offshore coiled tubing units. The company was formerly known as Pioneer Drilling Company and changed its name to Pioneer Energy Services Corp. in 2012. Pioneer Energy Services Corp. was founded in 1968 and is based in San Antonio, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
Current SymbolNYSE:PES
Previous SymbolNYSE:PDC
CUSIP72366410
Phone855-884-0575
Debt
Debt-to-Equity Ratio2.60
Current Ratio2.16
Quick Ratio1.97
Price-To-Earnings
Trailing P/E Ratio-3.71
Forward P/E Ratio-5.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$446.45 million
Price / Sales0.46
Cash Flow$0.5451 per share
Price / Cash4.77
Book Value$2.70 per share
Price / Book0.96
Profitability
EPS (Most Recent Fiscal Year)($0.70)
Net Income$-75,110,000.00
Net Margins-8.19%
Return on Equity-19.97%
Return on Assets-5.08%
Miscellaneous
Employees2,300
Outstanding Shares78,210,000
Market Cap$222.13 million
OptionableOptionable
Pioneer Energy Services (NYSE:PES) Frequently Asked Questions
What is Pioneer Energy Services' stock symbol?
Pioneer Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PES."
How were Pioneer Energy Services' earnings last quarter?
Pioneer Energy Services Corp (NYSE:PES) issued its quarterly earnings data on Tuesday, October, 30th. The oil and gas company reported ($0.07) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.14) by $0.07. The oil and gas company had revenue of $149.33 million for the quarter, compared to analyst estimates of $149.27 million. Pioneer Energy Services had a negative net margin of 8.19% and a negative return on equity of 19.97%. View Pioneer Energy Services' Earnings History.
When is Pioneer Energy Services' next earnings date?
What price target have analysts set for PES?
7 brokers have issued 1-year price targets for Pioneer Energy Services' shares. Their forecasts range from $3.00 to $6.00. On average, they anticipate Pioneer Energy Services' stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price. View Analyst Price Targets for Pioneer Energy Services.
What is the consensus analysts' recommendation for Pioneer Energy Services?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Energy Services in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pioneer Energy Services.
Has Pioneer Energy Services been receiving favorable news coverage?
Headlines about PES stock have trended neutral recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pioneer Energy Services earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Pioneer Energy Services' key competitors?
Some companies that are related to Pioneer Energy Services include Precision Drilling (PDS), Oasis Midstream Partners (OMP), Seadrill Partners (SDLP), Key Energy Services (KEG), Independence Contract Drilling (ICD), Petroteq Energy (PQEFF), Western Energy Services (WEEEF), Parker Drilling (PKD), Pacific Drilling (PACDQ), Vantage Drilling (VTGDF), N Atl DRILLING/SH NEW (NADLQ), Sauer Energy (SENY) and Infinity Energy Resources (IFNY).
Who are Pioneer Energy Services' key executives?
Pioneer Energy Services' management team includes the folowing people:
- Mr. William Stacy Locke, Pres, CEO & Exec. Director (Age 62)
- Mr. Lorne E. Phillips, Exec. VP & CFO (Age 47)
- Mr. Carlos R. Peña, Exec. VP and Pres of Wireline & Coiled Tubing Services (Age 51)
- Mr. Brian L. Tucker, Exec. VP and Pres of Drilling & Well Servicing (Age 44)
- Mr. Joe P. Freeman, Sr. VP of Well Servicing Segment (Age 69)
Who are Pioneer Energy Services' major shareholders?
Pioneer Energy Services' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.29%), Franklin Resources Inc. (1.61%), Panagora Asset Management Inc. (1.41%), Bridgeway Capital Management Inc. (1.30%), Hennessy Advisors Inc. (0.79%) and Ibex Investors LLC (0.49%). Company insiders that own Pioneer Energy Services stock include C John Thompson and Stacy Locke. View Institutional Ownership Trends for Pioneer Energy Services.
Which institutional investors are selling Pioneer Energy Services stock?
Which institutional investors are buying Pioneer Energy Services stock?
PES stock was acquired by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Bridgeway Capital Management Inc., Smith Asset Management Group LP, Franklin Resources Inc., Panagora Asset Management Inc. and Ibex Investors LLC. View Insider Buying and Selling for Pioneer Energy Services.
How do I buy shares of Pioneer Energy Services?
Shares of PES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pioneer Energy Services' stock price today?
One share of PES stock can currently be purchased for approximately $2.60.
How big of a company is Pioneer Energy Services?
Pioneer Energy Services has a market capitalization of $222.13 million and generates $446.45 million in revenue each year. The oil and gas company earns $-75,110,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis. Pioneer Energy Services employs 2,300 workers across the globe.
What is Pioneer Energy Services' official website?
How can I contact Pioneer Energy Services?
Pioneer Energy Services' mailing address is 1250 N.E. LOOP 410 SUITE 1000, SAN ANTONIO TX, 78209. The oil and gas company can be reached via phone at 855-884-0575 or via email at [email protected]
MarketBeat Community Rating for Pioneer Energy Services (NYSE PES)
MarketBeat's community ratings are surveys of what our community members think about Pioneer Energy Services and other stocks. Vote "Outperform" if you believe PES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PES will underperform the S&P 500 over the long term. You may vote once every thirty days.
