Press coverage about Pioneer Energy Services Corp. (NYSE:PES) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Pioneer Energy Services Corp. earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 45.4596182243171 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- How Pioneer Energy Services Increased Business Agility with Workday (blogs.workday.com)
- Goldman Sachs Group, Inc. (The) Lowers Pioneer Energy Services Corp. (PES) to Neutral (americanbankingnews.com)
- Contrasting Pioneer Energy Services Corp. (PES) & Its Rivals (americanbankingnews.com)
- Pioneer Energy Services Corp. (PES) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Pioneer Energy Services Corp. (PES) Downgraded by Zacks Investment Research (americanbankingnews.com)
Pioneer Energy Services Corp. (NYSE PES) traded down 1.136% during mid-day trading on Friday, hitting $2.175. 90,617 shares of the stock were exchanged. The firm has a 50-day moving average price of $2.18 and a 200-day moving average price of $2.54. Pioneer Energy Services Corp. has a 12-month low of $1.60 and a 12-month high of $7.20. The stock’s market capitalization is $168.29 million.
Pioneer Energy Services Corp. (NYSE:PES) last released its quarterly earnings data on Tuesday, August 1st. The oil and gas company reported ($0.21) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.03). Pioneer Energy Services Corp. had a negative net margin of 33.86% and a negative return on equity of 28.63%. The business had revenue of $107.13 million for the quarter, compared to the consensus estimate of $105.23 million. During the same quarter last year, the firm earned ($0.30) EPS. The company’s revenue for the quarter was up 72.0% on a year-over-year basis. Equities analysts predict that Pioneer Energy Services Corp. will post ($0.66) earnings per share for the current fiscal year.
A number of analysts have commented on the stock. Goldman Sachs Group, Inc. (The) lowered shares of Pioneer Energy Services Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday. Zacks Investment Research lowered shares of Pioneer Energy Services Corp. from a “buy” rating to a “hold” rating in a research note on Saturday, October 7th. Imperial Capital assumed coverage on shares of Pioneer Energy Services Corp. in a research note on Wednesday, October 4th. They set an “in-line” rating and a $3.00 price objective for the company. ValuEngine lowered shares of Pioneer Energy Services Corp. from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Finally, Seaport Global Securities reaffirmed a “neutral” rating on shares of Pioneer Energy Services Corp. in a research note on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $5.03.
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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.
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