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Pioneer Energy (PES) Catches Eye: Stock Jumps 12.2%

Zacks Equity Research

Pioneer Energy Services Corp. PES was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 31% in the past one-month time frame.

The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Pioneer Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.  

Pioneer Energy Services Corp. Price

Pioneer Energy Services Corp. Price | Pioneer Energy Services Corp. Quote

A better-ranked stock in the Oil and Gas sector is Holly Energy Partners, L.P. HEP, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Pioneer Energy Services Corp. (PES) : Free Stock Analysis Report
 
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