Pioneer Energy Services Reports Second Quarter 2019 Results
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Pioneer Energy Services (PES) Reports In-Line Q2 EPS
July 31, 2019 6:17 AM EDTPioneer Energy Services (NYSE: PES) reported Q2 EPS of ($0.15), in-line with the analyst estimate of ($0.15). Revenue for the quarter came in at $152.84 million versus the consensus estimate of $151.68 million.
Comments from our President and CEO
"We had solid performance once again from our drilling services segments which helped us generate favorable operating results and increase our cash position in the quarter," said Wm. Stacy Locke, President and Chief Executive Officer. "In Colombia, we are pleased with the improvement in average margins per day and level of demand for the premium 1,500... More
