EPS for Pioneer Energy Services Corp. (PES) Expected At $-0.11

January 21, 2018 - By Dolores Ford

 EPS for Pioneer Energy Services Corp. (PES) Expected At $ 0.11

Analysts expect Pioneer Energy Services Corp. (NYSE:PES) to report $-0.11 EPS on February, 16.They anticipate $0.23 EPS change or 67.65 % from last quarter’s $-0.34 EPS. After having $-0.15 EPS previously, Pioneer Energy Services Corp.’s analysts see -26.67 % EPS growth. It closed at $3.7 lastly. It is down 5.07% since January 21, 2017 and is uptrending. It has underperformed by 11.63% the S&P500.

Pioneer Energy Services Corp. (NYSE:PES) Ratings Coverage

Among 14 analysts covering Pioneer Energy (NYSE:PES), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Pioneer Energy had 32 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, November 2 by Raymond James. The firm has “Hold” rating by Wunderlich given on Monday, May 2. Goldman Sachs downgraded Pioneer Energy Services Corp. (NYSE:PES) on Friday, October 13 to “Neutral” rating. On Thursday, August 3 the stock rating was maintained by Piper Jaffray with “Buy”. As per Monday, February 6, the company rating was initiated by CapitalOne. The firm has “Buy” rating given on Thursday, March 23 by Jefferies. On Friday, September 2 the stock rating was upgraded by Jefferies to “Buy”. Wells Fargo downgraded Pioneer Energy Services Corp. (NYSE:PES) on Tuesday, September 1 to “Market Perform” rating. Scotia Capital maintained it with “Hold” rating and $7 target in Thursday, March 23 report. The rating was maintained by Howard Weil on Friday, July 31 with “Sector Perform”.

Pioneer Energy Services Corp. provides land drilling and production services to gas and oil exploration and production companies in the United States and Colombia. The company has market cap of $285.73 million. The company’s Drilling Services segment offers contract land drilling services in Texas, North Dakota, Appalachia, and Colombia. It currently has negative earnings. As of December 31, 2016, this segment operated a fleet of 16 AC rigs in the United States and 8 SCR rigs in Colombia.

More news for Pioneer Energy Services Corp. (NYSE:PES) were recently published by: Bizjournals.com, which released: “Pioneer Energy Services executive receives a promotion” on December 29, 2017. Twst.com‘s article titled: “Pioneer Energy Services Corp.: Pioneer Energy Services Announces Fourth …” and published on January 10, 2018 is yet another important article.

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