Pioneer Energy Services (PES) Misses Q4 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Pioneer Energy Services Reports Fourth Quarter 2016 Results
February 17, 2017 6:00 AM ESTSAN ANTONIO, Feb. 17, 2017 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended December 31, 2016. Notable items include:
Completed equity offering in December resulting in net proceeds of $65.4 million used to reduce borrowings under the Revolving Credit Facility. Re-activated three additional drilling rigs in Colombia late in the fourth quarter. Sold three SCR walking drilling rigs for gross proceeds of $11 million and removed four SCR rigs from the marketed fleet resulting in a domestic fleet of 16 pad-capable AC... More