C John Thompson Sells 5,000 Shares of Pioneer Energy Services (PES) Stock

Share on StockTwits

Pioneer Energy Services (NYSE:PES) Director C John Thompson sold 5,000 shares of Pioneer Energy Services stock in a transaction on Friday, March 9th. The shares were sold at an average price of $3.05, for a total transaction of $15,250.00. Following the completion of the transaction, the director now directly owns 48,484 shares in the company, valued at $147,876.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

C John Thompson also recently made the following trade(s):

  • On Monday, March 5th, C John Thompson sold 1,015 shares of Pioneer Energy Services stock. The shares were sold at an average price of $3.01, for a total transaction of $3,055.15.
  • On Monday, February 26th, C John Thompson sold 25,000 shares of Pioneer Energy Services stock. The shares were sold at an average price of $2.94, for a total transaction of $73,500.00.

Shares of NYSE PES opened at $2.60 on Friday. The firm has a market cap of $198.38, a price-to-earnings ratio of -3.71 and a beta of 2.95. Pioneer Energy Services has a one year low of $1.60 and a one year high of $4.50. The company has a debt-to-equity ratio of 2.20, a quick ratio of 2.37 and a current ratio of 2.54.

Pioneer Energy Services (NYSE:PES) last issued its earnings results on Friday, February 16th. The oil and gas company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.03). The company had revenue of $126.29 million for the quarter, compared to analysts’ expectations of $125.99 million. Pioneer Energy Services had a negative return on equity of 23.31% and a negative net margin of 16.83%. Pioneer Energy Services’s revenue for the quarter was up 76.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.34) earnings per share. analysts forecast that Pioneer Energy Services will post -0.38 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Parametric Portfolio Associates LLC boosted its position in shares of Pioneer Energy Services by 17.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 506,420 shares of the oil and gas company’s stock worth $1,038,000 after purchasing an additional 74,725 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Pioneer Energy Services by 58.4% in the 3rd quarter. Wells Fargo & Company MN now owns 212,175 shares of the oil and gas company’s stock worth $540,000 after buying an additional 78,212 shares in the last quarter. Van Den Berg Management I Inc. boosted its position in shares of Pioneer Energy Services by 3.0% in the 3rd quarter. Van Den Berg Management I Inc. now owns 6,918,334 shares of the oil and gas company’s stock worth $17,642,000 after buying an additional 204,335 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in shares of Pioneer Energy Services by 275.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 61,006 shares of the oil and gas company’s stock worth $186,000 after buying an additional 44,763 shares in the last quarter. Finally, Macquarie Group Ltd. boosted its position in shares of Pioneer Energy Services by 67.1% in the 3rd quarter. Macquarie Group Ltd. now owns 3,440,687 shares of the oil and gas company’s stock worth $8,774,000 after buying an additional 1,382,209 shares in the last quarter. Institutional investors own 73.47% of the company’s stock.

Several brokerages have issued reports on PES. Zacks Investment Research raised shares of Pioneer Energy Services from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research note on Thursday, January 18th. Seaport Global Securities reissued a “buy” rating on shares of Pioneer Energy Services in a research note on Thursday, January 18th. ValuEngine raised shares of Pioneer Energy Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 4th. Jefferies Group set a $4.00 price objective on shares of Pioneer Energy Services and gave the company a “buy” rating in a research note on Monday, February 26th. Finally, Capital One Financial reissued an “overweight” rating on shares of Pioneer Energy Services in a research note on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $3.67.

TRADEMARK VIOLATION WARNING: “C John Thompson Sells 5,000 Shares of Pioneer Energy Services (PES) Stock” was first reported by BBNS and is owned by of BBNS. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://baseballnewssource.com/2018/04/07/pioneer-energy-services-corp-pes-director-sells-15250-00-in-stock/2038445.html.

About Pioneer Energy Services

Pioneer Energy Services Corp. provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The company offers contract land drilling services in the Marcellus/Utica, Eagle Ford, Permian Basin, and Bakken regions, as well as in Colombia.

Receive News & Ratings for Pioneer Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.