SAN ANTONIO, Jan. 13, 2016 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its fourth quarter 2015 financial results before the market opens on Wednesday, February 17, 2016. 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, Jan. 13, 2016 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its fourth quarter 2015 financial results before the market opens on Wednesday, February 17, 2016. 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. 23, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it has amended its existing senior secured revolving credit facility and modified certain covenants. Under the new agreement: The total consolidated leverage ratio and asset coverage ratio tests are eliminated. The permissible senior consolidated leverage ratio increases from a current level of 2.50 to 1.00 to a maximum of [...]
SAN ANTONIO, Texas, Nov. 3, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the Jefferies 2015 Global Energy Conference on Wednesday, November 11 in Houston. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 9:30 a.m. Central Time (10:30 a.m. Eastern Time). The presentation will provide an update [...]
SAN ANTONIO, Oct. 29, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended September 30, 2015. Notable items for the third quarter and recent developments include: Deployed four 1,500-horsepower AC new-build drilling rigs year-to-date with the final rig to be completed by year end. Well servicing rig utilization was 62% in the third quarter, with [...]
SAN ANTONIO, Oct. 1, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its third quarter 2015 financial results before the market opens on Thursday, October 29. 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. 18, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the Johnson Rice & Company 2015 Energy Conference on Monday, September 28 in New Orleans. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 2:35 p.m. Central Time (3:35 p.m. Eastern Time). The presentation will provide an update [...]
SAN ANTONIO, Sept. 15, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it has amended its existing senior secured revolving credit facility and modified certain covenants to enhance the Company's financial flexibility. The new agreement sets the borrowing capacity of the facility at $300 million, a reduction of $50 million from the previous facility, and provides for more flexible financial [...]
SAN ANTONIO, July 30, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended June 30, 2015. Notable items for the second quarter and recent developments include: Well servicing rig utilization was 73% with average pricing of $595 per hour. Drilling utilization in the second quarter was 63% based on an average fleet of 37 rigs. Year-to-date sold 27 [...]
SAN ANTONIO, July 1, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its second quarter 2015 financial results before the market opens on Thursday, July 30. 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 participate [...]
SAN ANTONIO, June 17, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that the Company's senior management will participate in the GHS 100 Energy Conference to be held from June 22-24, 2015 in Chicago. Dan Petro, Pioneer's Director of Corporate Development and Investor Relations, will make a presentation at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on Tuesday, June 23. The presentation will [...]
SAN ANTONIO, Texas, May 18, 2015 /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 20 in Austin. 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 [...]
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