SAN ANTONIO, June 12, 2019 /PRNewswire/ -- Pioneer Energy Services Corp. today announced that it has been notified by the New York Stock Exchange that its common stock does not satisfy one of the NYSE's standards for continued listing. The NYSE requires that the average closing price per share of a listed company's stock be no less than $1.00 over a consecutive 30 trading-day period. As of June 11, 2019, the date of the [...]
Pioneer Energy Services today reported financial and operating results for the quarter ended March 31, 2019. First quarter highlights include: Domestic drilling fleet was fully contracted and generated an average margin per day of $10,944. Production services revenues increased 6% sequentially, primarily driven by the coiled tubing revenue increase of 16%. Deployed our newest 1,500 horsepower, super-spec, new-build [...]
Pioneer Energy Services today announced that it will release its first quarter 2019 financial results before the market opens on Thursday, May 2, 2019. 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 audio webcast. By Phone: Dial 412-902-0003 [...]
Pioneer Energy Services today reported financial and operating results for the quarter ended December 31, 2018. Fourth quarter and recent notable items include: Domestic drilling fleet was fully utilized and generated an average margin per day of $10,252. International drilling fleet generated its highest average margin per day since 2014. Also, two drilling rigs that had been idle during the quarter commenced operations [...]
Pioneer Energy Services today announced that it will release its fourth quarter 2018 financial results before the market opens on Tuesday, February 19, 2019. 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 audio webcast. By Phone: Dial [...]
Pioneer Energy Services today announced that the Company's senior management will participate in the Jefferies 2018 Global Energy Conference on Tuesday, November 27 in Houston. Brian Tucker, Pioneer's Executive Vice President and President of Drilling and Well Servicing, will make a presentation at 10:20 a.m. Central Time . The presentation will provide an update on the Company's operations and recent developments. To [...]
SAN ANTONIO, Oct. 30, 2018 /PRNewswire/ -- Pioneer Energy Services today reported financial and operating results for the quarter ended September 30, 2018. Third quarter and recent notable items include: Domestic drilling fleet was fully utilized during the third quarter, and generated an average margin per day of $10,237, up 7% from the prior quarter. In Colombia, we expect to execute a contract with a new [...]
Pioneer Energy Services today announced that it will release its third quarter 2018 financial results before the market opens on Tuesday, October 30, 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 audio webcast. By Phone: Dial [...]
SAN ANTONIO, July 31, 2018 /PRNewswire/ -- Pioneer Energy Services today reported financial and operating results for the quarter ended June 30, 2018. Second quarter and recent notable items include: Executed a three-year, new-build drilling contract for a 1,500-horsepower, AC pad-optimal rig at a premium to current spot market dayrates for operations in West Texas beginning in the first quarter of 2019. Revenues for our [...]
SAN ANTONIO, July 3, 2018 /PRNewswire/ -- Pioneer Energy Services today announced that it will release its second quarter 2018 financial results before the market opens on Tuesday, July 31, 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, May 21, 2018 /PRNewswire/ -- Pioneer Energy Services today announced that the Company's senior management will participate in the UBS Global Oil and Gas Conference on May 24 in Austin, TX. Wm. Stacy Locke, Pioneer's President and Chief Executive Officer, will make a presentation at 9:35 a.m. Central Time . The presentation will provide an update on the Company's operations and recent developments. To listen [...]
SAN ANTONIO, May 2, 2018 /PRNewswire/ -- Pioneer Energy Services today reported financial and operating results for the quarter ended March 31, 2018. First quarter notable items include: Domestic drilling services utilization was 100%, with an average margin per day of $10,436, up 11% from the prior quarter, and up for the fourth consecutive quarter. International drilling services average margin per day was $8,455, up [...]
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