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
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:PES
CUSIP72366410
Phone210-828-7689
Debt
Debt-to-Equity Ratio2.31
Current Ratio2.61
Quick Ratio2.41
Price-To-Earnings
Trailing P/E Ratio-7.36
Forward P/E Ratio-19.07
P/E GrowthN/A
Sales & Book Value
Annual Sales$446.45 million
Price / Sales0.90
Cash Flow$0.6390 per share
Price / Cash8.06
Book Value$2.70 per share
Price / Book1.91
Profitability
EPS (Most Recent Fiscal Year)($0.70)
Net Income$-75,110,000.00
Net Margins-12.35%
Return on Equity-20.97%
Return on Assets-6.20%
Miscellaneous
Employees2,300
Outstanding Shares78,130,000
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) released its quarterly earnings data on Wednesday, May, 2nd. The oil and gas company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.04. The oil and gas company earned $144.48 million during the quarter, compared to analyst estimates of $136.01 million. Pioneer Energy Services had a negative return on equity of 20.97% and a negative net margin of 12.35%. View Pioneer Energy Services' Earnings History.
When is Pioneer Energy Services' next earnings date?
What price target have analysts set for PES?
7 equities research analysts have issued 1-year target prices for Pioneer Energy Services' stock. Their forecasts range from $2.75 to $4.00. On average, they anticipate Pioneer Energy Services' share price to reach $3.25 in the next twelve months. View Analyst Ratings for Pioneer Energy Services.
Who are some of Pioneer Energy Services' key competitors?
Some companies that are related to Pioneer Energy Services include Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Key Energy Services (KEG), Seadrill Partners (SDLP), Seadrill (SDRL), Independence Contract Drilling (ICD), Western Energy Services (WEEEF), Petroteq Energy (PQEFF), Parker Drilling (PKD), Pacific Drilling (PACDQ), Sauer Energy (SENY), N Atl DRILLING/SH NEW (NADLQ) and Vantage Drilling (VTGDF).
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)
Has Pioneer Energy Services been receiving favorable news coverage?
Media headlines about PES stock have trended somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pioneer Energy Services earned a coverage optimism score of 0.11 on Accern's scale. They also gave media stories about the oil and gas company an impact score of 48.19 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Pioneer Energy Services' major shareholders?
Pioneer Energy Services' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.03%), Dimensional Fund Advisors LP (8.17%), Franklin Resources Inc. (3.32%), Schwab Charles Investment Management Inc. (2.18%), Principal Financial Group Inc. (1.76%) and Principal Financial Group Inc. (1.76%). Company insiders that own Pioneer Energy Services stock include C John Thompson and Stacy Locke. View Institutional Ownership Trends for Pioneer Energy Services.
Which major investors are selling Pioneer Energy Services stock?
PES stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Franklin Resources Inc., JPMorgan Chase & Co., Phoenix Investment Adviser LLC, Federated Investors Inc. PA, Guggenheim Capital LLC, OppenheimerFunds Inc. and American International Group Inc.. View Insider Buying and Selling for Pioneer Energy Services.
Which major investors are buying Pioneer Energy Services stock?
PES stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., BlackRock Inc., GSA Capital Partners LLP, Dimensional Fund Advisors LP, Schwab Charles Investment Management Inc., Wells Fargo & Company MN, Dynamic Technology Lab Private Ltd and California Public Employees Retirement System. 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 $5.15.
How big of a company is Pioneer Energy Services?
Pioneer Energy Services has a market capitalization of $375.03 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.
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 210-828-7689 or via email at [email protected]
MarketBeat Community Rating for Pioneer Energy Services (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.
