|Bid||0.1557 x 3200|
|Ask||0.1590 x 1200|
|Day's Range||0.1551 - 0.1640|
|52 Week Range||0.0910 - 3.6500|
|Beta (3Y Monthly)||3.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.12|
Though it has a right to do so, Pioneer Energy Services says it won't appeal a forced exit from the New York Stock Exchange.
Trading of shares of oilfield services company Pioneer Energy Services Corp. was halted Wednesday as the New York Stock Exchange began the process to delist its stock. Although the San Antonio-based company was told in June that it had six months to get its stock price to $1 per share, the delisting was initiated prematurely due to an "abnormally low" trading price, according to a company statement. Pioneer closed its final day on the NYSE at 16 cents per share, an all-time low.
SAN ANTONIO, Aug. 14, 2019 /PRNewswire/ -- Pioneer Energy Services (PES) today announced that it has been notified by the New York Stock Exchange (the "NYSE") that its common stock has been suspended from trading due to its "abnormally low" trading price levels. Pursuant to Section 802.01D of the NYSE Listed Company Manual, the NYSE has determined to commence proceedings to delist Pioneer's common stock. The Company anticipates that effective August 15, 2019, its common stock will commence trading on OTCQX® under the trading symbol "PESX". The transition to the over-the-counter market will not affect Pioneer's business operations.
It's one of several options the company is discussing to pull itself out of its troubling financial situation, a spokeswoman said.
In its first earnings results posted since being threatened with delisting from the New York Stock Exchange, San Antonio-based Pioneer Energy Services was still operating at a loss.
Pioneer Energy (PES) delivered earnings and revenue surprises of 0.00% and 0.94%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
SAN ANTONIO , July 31, 2019 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended June 30, 2019. Second quarter highlights include: International ...
Pioneer Energy (PES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SAN ANTONIO , July 15, 2019 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its second quarter 2019 financial results before the market opens on Wednesday, July ...
Pioneer Energy Services announced the appointment of Tamara Morytko, chief operating officer of Norsk Titanium, to a now six-member board.
SAN ANTONIO, June 12, 2019 /PRNewswire/ -- Pioneer Energy Services (PES) today announced that it has been notified by the New York Stock Exchange (the "NYSE") 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 NYSE notice, the 30 trading-day average closing price of Pioneer Energy Services common stock was $0.89 per share.
Tariff tantrums hit the broader stock markets last month, leading to the worst May after 2010. Below we discuss these in detail and the impact on the stock world from these events.
NEW YORK , May 28, 2019 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600: Corteva Inc. (NYSE: CTVA) ...
S&P Dow Jones Indices said late Tuesday that Corteva Inc., an agricultural company being spun off from DowDuPont Inc. , will join the S&P 500 index , replacing Fluor Corp. , in the next week. Fluor, an engineering and construction concern, will move to the S&P MidCap 400 , replacing Realogy Holdings Corp. also in the next week. Realogy, a real estate company, will replace Pioneer Energy Services Corp. in the S&P SmallCap 600 . The Corteva spinoff is expected to be completed on Monday. After it closes, DowDuPont will remain in the S&P 500 & 100 indices, S&P Dow Jones Indices said. The company will change its name to DuPont de Nemours Inc. and its ticker symbol to DD.
A lawsuit accuses the company of violating federal law by failing to pay its rig operators for overtime work.
The San Antonio-based oilfield company has lost money for the 18th consecutive quarter, though it exceeded analysts' expectations.
Pioneer Energy (PES) delivered earnings and revenue surprises of 23.53% and 1.84%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the San Antonio-based company said it had a loss of 19 cents. Losses, adjusted for pretax expenses and asset impairment costs, were 13 cents per share. The results topped Wall Street ...
SAN ANTONIO , May 2, 2019 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended March 31, 2019. First quarter highlights include: Domestic ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Pioneer Energy Services Corp. New York, April 26, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Pioneer Energy Services Corp. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Pioneer Energy (PES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.