Pioneer Energy Services Corp. (NYSE:PES) will issue its quarterly earnings data before the market opens on Tuesday, August 1st. Analysts expect the company to announce earnings of ($0.18) per share for the quarter.

Pioneer Energy Services Corp. (NYSE:PES) last posted its quarterly earnings data on Tuesday, May 2nd. The oil and gas company reported ($0.20) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.22) by $0.02. Pioneer Energy Services Corp. had a negative net margin of 42.24% and a negative return on equity of 28.76%. The business had revenue of $95.80 million during the quarter, compared to the consensus estimate of $89.09 million. During the same period in the previous year, the firm posted ($0.30) earnings per share. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. On average, analysts expect Pioneer Energy Services Corp. to post $-0.64 EPS for the current fiscal year and $-0.23 EPS for the next fiscal year.

Pioneer Energy Services Corp. (NYSE PES) traded down 3.333% during midday trading on Thursday, hitting $2.175. 232,703 shares of the stock traded hands. Pioneer Energy Services Corp. has a one year low of $1.70 and a one year high of $7.20. The stock’s market cap is $167.63 million. The company has a 50-day moving average price of $2.15 and a 200 day moving average price of $3.88.

In other news, CEO Stacy Locke bought 25,000 shares of Pioneer Energy Services Corp. stock in a transaction dated Thursday, May 25th. The stock was bought at an average price of $2.74 per share, for a total transaction of $68,500.00. Following the purchase, the chief executive officer now owns 961,267 shares of the company’s stock, valued at $2,633,871.58. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 6.05% of the company’s stock.

PES has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Pioneer Energy Services Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday. Deutsche Bank AG reaffirmed a “hold” rating and issued a $6.00 target price (down from $7.00) on shares of Pioneer Energy Services Corp. in a research report on Tuesday, May 30th. Seaport Global Securities downgraded shares of Pioneer Energy Services Corp. from a “buy” rating to a “neutral” rating and dropped their target price for the company from $4.50 to $2.00 in a research report on Wednesday, June 21st. Finally, ValuEngine downgraded shares of Pioneer Energy Services Corp. from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 8th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $5.50.

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Pioneer Energy Services Corp. Company Profile

Pioneer Energy Services Corp. provides land-based drilling services and production services to a group of independent oil and gas exploration and production companies in the United States and internationally in Colombia. The Company operates through two segments, which include drilling services segment and production services segment.

Earnings History for Pioneer Energy Services Corp. (NYSE:PES)

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