Media stories about Pioneer Energy Services (NYSE:PES) have been trending somewhat positive on Monday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pioneer Energy Services earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 45.8420548889117 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

NYSE PES traded up $0.10 on Monday, hitting $3.05. The company’s stock had a trading volume of 362,600 shares, compared to its average volume of 805,161. Pioneer Energy Services has a 52-week low of $1.70 and a 52-week high of $6.35. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.95 and a current ratio of 2.12. The stock has a market cap of $230.73 million, a P/E ratio of -4.36 and a beta of 2.94.

Pioneer Energy Services (NYSE:PES) last released its quarterly earnings data on Tuesday, July 31st. The oil and gas company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.09). Pioneer Energy Services had a negative return on equity of 21.71% and a negative net margin of 10.88%. The business had revenue of $154.78 million during the quarter, compared to analysts’ expectations of $154.84 million. sell-side analysts predict that Pioneer Energy Services will post -0.49 earnings per share for the current year.

Several equities research analysts have weighed in on the company. Stifel Nicolaus assumed coverage on Pioneer Energy Services in a report on Monday. They issued a “hold” rating for the company. ValuEngine upgraded Pioneer Energy Services from a “hold” rating to a “buy” rating in a report on Saturday, June 2nd. Zacks Investment Research cut Pioneer Energy Services from a “buy” rating to a “hold” rating in a report on Saturday, July 7th. Seaport Global Securities reiterated a “buy” rating and issued a $5.00 price objective on shares of Pioneer Energy Services in a report on Wednesday, August 1st. Finally, Jefferies Financial Group cut Pioneer Energy Services from a “buy” rating to a “hold” rating and set a $6.00 price objective for the company. in a report on Tuesday, July 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $4.75.

In other Pioneer Energy Services news, Director C John Thompson sold 15,000 shares of the stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $3.37, for a total value of $50,550.00. Following the completion of the sale, the director now owns 51,476 shares in the company, valued at approximately $173,474.12. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last quarter, insiders sold 33,000 shares of company stock valued at $111,250. Company insiders own 6.66% of the company’s stock.

About Pioneer Energy Services

Pioneer Energy Services Corp. provides land-based drilling and production services to oil and gas exploration and production companies in the United States and Colombia. The company offers contract land drilling services in the Marcellus/Utica, Eagle Ford, Permian Basin, and Bakken regions, as well as in Colombia.

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