Pioneer Energy Services (PES) Posts Surprise Q1 Profit
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April 30, 2015 6:00 AM EDT
SAN ANTONIO, April 30, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended March 31, 2015. Notable items for the first quarter and recent developments include:Â
Debt payments of $45 million thus far in 2015, partially funded by net proceeds from the sale of drilling rigs and early termination payments received on certain drilling rig contracts.
Since year-end 2014, sold 21 of our mechanical and lower horsepower electric drilling rigs and other equipment for total net proceeds of $24.8 million, and have four additional rigs designated as...
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April 29, 2015 7:00 AM EDT
SAN ANTONIO, March 27, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it will release its first quarter 2015 financial results before the market opens on Thursday, April 30. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m.... More
