SAN ANTONIO, May 2, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended March 31, 2017. Notable items since year-end 2016 include: Production Services Segment revenue increased 39% from the prior quarter with gross margin improving in all businesses. Completed exchange of 20 older well servicing rigs for 20 new-model rigs, which significantly [...]
SAN ANTONIO, April 5, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its first quarter 2017 financial results before the market opens on Tuesday, May 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, Feb. 17, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended December 31, 2016. Notable items include: Completed equity offering in December resulting in net proceeds of $65.4 million used to reduce borrowings under the Revolving Credit Facility. Re-activated three additional drilling rigs in Colombia late in the fourth quarter. Sold [...]
SAN ANTONIO, Jan. 26, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its fourth quarter 2016 financial results before the market opens on Friday, February 17. 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, Dec. 12, 2016 /PRNewswire/ -- Pioneer Energy Services Corp. (the "Company") (NYSE: PES) today announced the closing of its previously announced underwritten public offering of 12,075,000 shares of common stock at a public offering price of $5.75 per share. The 12,075,000 shares included 1,575,000 shares of common stock sold to the underwriters pursuant to the full exercise of the underwriters' option to [...]
SAN ANTONIO, Dec. 6, 2016 /PRNewswire/ -- Pioneer Energy Services Corp. (the "Company") (NYSE: PES) today announced that it has priced its underwritten public offering of 10,500,000 shares of common stock of the Company, which was upsized from the previously announced offering of 9,000,000 shares of common stock, at a price to the public of $5.75 per share. The Company has granted the underwriters a 30-day option to [...]
SAN ANTONIO, Dec. 6, 2016 /PRNewswire/ -- Pioneer Energy Services Corp. (NYSE: PES) (the "Company") today announced the commencement of an underwritten public offering of 9,000,000 shares of common stock. The Company expects to grant the underwriters an option to purchase up to an additional 1,350,000 shares of common stock of the Company. The Company intends to use the net proceeds of the offering to repay indebtedness [...]
SAN ANTONIO, Nov. 28, 2016 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the Jefferies 2016 Global Energy Conference on Wednesday, November 30 in Houston. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The presentation will provide an update on the [...]
SAN ANTONIO, Nov. 3, 2016 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the 2016 Stephens Fall Investment Conference in New York City on Wednesday, November 9. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 9:00 a.m. Eastern Time. The presentation will provide an update on the Company's operations [...]
SAN ANTONIO, Nov. 1, 2016 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended September 30, 2016. Notable items include: Production Services Segment revenue up 19% sequentially, with improvements in all business lines, particularly wireline services. Successfully mobilized three domestic drilling rigs from the Bakken to begin work in West Texas and [...]
NEW YORK, October 12, 2016 /PRNewswire/ -- Oil prices retreated on Tuesday, October 11, 2016 following IEA's report that global supplies rose in September. Today, Stock-Callers.com turns investors' attention to four Oil and Gas Drilling and Exploration operators to see how they have fared at the closing bell: Northern Oil and Gas Inc. (NYSE MKT: NOG), Enerplus Corp. (NYSE: ERF), Pioneer Energy Services Corp. (NYSE: PES [...]
SAN ANTONIO, Oct. 12, 2016 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its third quarter 2016 financial results before the market opens on Tuesday, November 1. 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 [...]