3.15 0.00 (0.00%)
After hours: 4:44PM EDT
|Bid||0.00 x 28000|
|Ask||0.00 x 47300|
|Day's Range||3.10 - 3.22|
|52 Week Range||1.60 - 6.35|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Few understand this, but when a company produces a commodity it is actually effectively short that good in the intermediate term. It is the buyers that are really the longs, and thus the pressure is on the producers to put floors under their near-term production levels. There are some pretty ugly hedge books out there, and the oil markets' continuing state of backwardation surprised some players.
San Antonio-based oil field service company Pioneer Energy Services Corp. has exited the offshore market amid reduced activity and almost four years of quarterly losses. Although demand for Pioneer's (NYSE: PES) rigs and service units remains strong in the United States and Colombia, activity for its coiled tubing and wireline services in the Gulf of Mexico has waned, prompting the company to close its offshore service yards in Texas and Louisiana last month. "We had been tracking it all year hoping that it would get better," Pioneer CEO William Stacy Locke said during a call with investors on Tuesday morning.
Pioneer Energy (PES) delivered earnings and revenue surprises of -90.00% and -0.04%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The San Antonio-based company said it had a loss of 23 cents per share. Losses, adjusted for one-time gains and costs, came to 19 cents per share. The results missed Wall Street expectations. The average ...
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Whether it’s their potential to produce incredible gains, or the chance to get in early on a burgeoning industry, small-cap stocks present enticing opportunities. As an equipment manufacturer in the oil and gas sector, TETRA Technologies’ (NYSE:TTI) claim to fame is their water-management solutions.
Word that OPEC and Russia could open up the oil spigots a little more in the near future pushed oil prices down sharply, but the oil supply and demand situation is more complex than just that.
Pioneer Energy Services (PES) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
Benchmark prices for U.S. crude oil touched $70 a barrel on May 7 for the first time in four years, while the rising tide pushed the international benchmark, Brent crude, above $75.
After more than three years of losses, the San Antonio-based oil field service company is closer to profitability.
The San Antonio-based company said it had a loss of 14 cents per share. Losses, adjusted for non-recurring costs, came to 9 cents per share. The results beat Wall Street expectations. The average estimate ...
The war between oil refiners and Big Corn saw a significant development this week as the EPA granted an exemption to a large and profitable refiner
While small-cap stocks, such as Pioneer Energy Services Corp (NYSE:PES) with its market cap of US$244.81M, are popular for their explosive growth, investors should also be aware of their balanceRead More...
Executives with San Antonio-based Pioneer Energy Services Corp. are forecasting a profit in 2018 — after more than three years of losses, including a nearly $13 million loss in fourth quarter 2017. Pioneer Energy Services (PES), a drilling rig operator and oil field services company, posted a $12.7 million loss on $126.3 million in revenue during the recent fourth quarter. The figures mark an improvement over the $36.1 million loss on $71.5 million in revenue during fourth quarter 2016.
On a per-share basis, the San Antonio-based company said it had a loss of 16 cents. Losses, adjusted for one-time gains and costs, came to 14 cents per share. The results fell short of Wall Street expectations. ...