SAN ANTONIO, April 5, 2018 /PRNewswire/ -- Pioneer Energy Services today announced that it will release its first quarter 2018 financial results before the market opens on Wednesday, May 2, 2018. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time . Investors may participate in the call either by phone or [...]
SAN ANTONIO, Feb. 16, 2018 /PRNewswire/ -- Pioneer Energy Services today reported financial and operating results for the quarter ended December 31, 2017. Notable items and recent developments include: Entered into a new $175 million term loan and a $75 million revolving asset-based lending facility in November, which provides improved liquidity, less restrictive covenants, and extended debt maturities. Domestic drilling [...]
SAN ANTONIO, Jan. 10, 2018 /PRNewswire/ -- Pioneer Energy Services today announced that it will release its fourth quarter 2017 financial results before the market opens on Friday, February 16, 2018. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time . Investors may participate in the call either by phone [...]
SAN ANTONIO, Nov. 20, 2017 /PRNewswire/ -- Pioneer Energy Services today announced that the Company's senior management will participate in the Jefferies 2017 Global Energy Conference on Tuesday, November 28 in Houston. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 11:30 a.m. Central Time . The presentation will provide an update on the Company's operations and recent [...]
SAN ANTONIO, Nov. 8, 2017 /PRNewswire/ -- Pioneer Energy Services Corp. (NYSE: PES) today announced that it has closed on the previously announced new $175 million senior secured term loan (the "Term Loan") and a new $75 million senior secured revolving asset-based lending facility (the "ABL Facility"). The proceeds from the financings were used to fully repay and retire the company's prior $150 million revolving credit [...]
SAN ANTONIO, Nov. 2, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended September 30, 2017. Notable items include: Production Services Segment revenue increased 9% over the prior quarter driven by increased demand for completion-related services, despite an approximately $3 million negative impact from Hurricane Harvey. Drilling Services Segment [...]
SAN ANTONIO, Nov. 2, 2017 /PRNewswire/ -- Pioneer Energy Services Corp. (NYSE: PES) today announced that it is in advanced discussions with lenders and expects to close a $175 million five-year senior secured term loan (the "Term Loan"). In addition, we received a commitment letter from a lender on a proposed $75 million five-year senior-secured revolving asset-based lending facility (the "ABL Facility"). We expect to [...]
SAN ANTONIO, Oct. 23, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its third quarter 2017 financial results before the market opens on Thursday, Nov. 2, 2017. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Investors may [...]
SAN ANTONIO, Sept. 12, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the Johnson Rice & Company 2017 Energy Conference on Wednesday, September 27 in New Orleans. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The presentation will provide an [...]
SAN ANTONIO, Aug. 1, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended June 30, 2017. Notable items include: Production Services Segment revenue increased 20% from the prior quarter with improved gross margins in all businesses. Drilling Services Segment average margin per day was $7,735, up for the third consecutive quarter. U.S. drilling fleet [...]
SAN ANTONIO, July 11, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its second quarter 2017 financial results before the market opens on Tuesday, August 1, 2017. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Investors may [...]
SAN ANTONIO, May 16, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the UBS Global Oil & Gas Conference on Wednesday, May 24 in Austin, TX. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 11:55 a.m. Central Time (12:55 p.m. Eastern Time). The presentation will provide an update on the Company's [...]
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