Company profile

Ticker
PES
Exchange
CEO
William Stacy Locke
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Pioneer Drilling Co, South Texas Drilling & Exploration Inc
SEC CIK
IRS number
742088619

PES stock data

(
)

Calendar

28 Apr 20
4 Jun 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 129.98M 146.4M 152.84M 146.57M
Net income -9.83M -26.02M -12.94M -15.12M
Diluted EPS -0.12 -0.33 -0.17 -0.19
Net profit margin -7.56% -17.77% -8.47% -10.31%
Operating income -13.1M -15.28M -2.86M -4.46M
Net change in cash -2.34M -3.18M 3.28M 13.86M
Cash on hand 24.62M 26.96M 30.13M 26.86M
Cost of revenue 98.74M 108.06M 115.97M 108.59M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 575.79M 590.1M 446.46M 277.08M
Net income -63.9M -49.01M -75.12M -128.39M
Diluted EPS -0.81 -0.63 -0.97 -1.96
Net profit margin -11.10% -8.31% -16.83% -46.34%
Operating income -35.71M -9.06M -51.23M -113.45M
Net change in cash 11.62M -60.64M 63.45M -3.97M
Cash on hand 24.62M 13M 73.64M 10.19M
Cost of revenue 431.35M 429.91M 330.88M 203.95M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
29 May 20 Locke Stacy Common Stock Sale back to company Dispose D 0 25,000 0 0
29 May 20 Urban Scott D Common Stock Grant Aquire A 0 243 0 243
29 May 20 Thompson C John Common Stock Grant Aquire A 0 137 0 137
29 May 20 Thompson C John Common Stock Sale back to company Dispose D 0 200,501 0 0
29 May 20 Locke Stacy Common Stock Grant Aquire A 0 124 0 124
29 May 20 Locke Stacy Common Stock Grant Aquire A 0 17 0 17
29 May 20 Locke Stacy Common Stock Payment of exercise Dispose F 19.12 494 9.45K 2,479
29 May 20 Locke Stacy Common Stock Grant Aquire A 0 2,031 0 2,973
29 May 20 Locke Stacy Common Stock Grant Aquire A 0 942 0 942
29 May 20 Locke Stacy Common Stock Sale back to company Dispose D 0 180,334 0 0
0.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 4 6 -33.3%
Opened positions 1 2 -50.0%
Closed positions 3 59 -94.9%
Increased positions 1 0 +Infinity%
Reduced positions 0 1 -100.0%
13F shares
Current Prev Q Change
Total value 1K 406K -99.8%
Total shares 54.47K 7.36M -99.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Crossvault Capital Management 36.12K $1K 0.0%
Victory Capital Management 12.77K $0 +31.9%
Sowell Financial Services 5.58K $0 NEW
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
Van Den Berg Management I 0 -7.29M EXIT
Oregon Public Employees Retirement Fund 0 -30.29K EXIT
Sowell Financial Services 5.58K +5.58K NEW
Victory Capital Management 12.77K +3.09K +31.9%
Proequities 0 0
Crossvault Capital Management 36.12K 0 0.0%
IFP Advisors 0 0

Financial report summary

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Management Discussion
  • Statements we make in the following discussion that express a belief, expectation or intention, as well as those that are not historical fact, are forward-looking statements made in good faith that are subject to risks, uncertainties and assumptions. These forward-looking statements are based on our current beliefs, intentions, and expectations and are not guarantees or indicators of future performance. Our actual results, performance or achievements, or industry results, could differ materially from those we express in the following discussion as a result of a variety of factors, including risks related to our ability to obtain the Bankruptcy Court’s approval with respect to motions or other requests made to the Bankruptcy Court in the Chapter 11 Cases, including maintaining strategic control as debtor-in-possession, and the outcomes of Bankruptcy Court rulings and the Chapter 11 Cases in general, delays in the Chapter 11 Cases, our ability to consummate the Plan, our ability to achieve our stated goals and continue as a going concern, risks that our assumptions and analyses in the Plan are incorrect, our ability to fund our liquidity requirements during the Chapter 11 Cases, our ability to comply with the covenants under our DIP Facility, the effects of the filing of the Chapter 11 Cases on our business and the interest of various constituents, the actions and decisions of creditors, regulators and other third parties that have an interest in the Chapter 11 Cases, restrictions imposed on us by the Bankruptcy Court, general economic and business conditions and industry trends, levels and volatility of oil and gas prices, the continued demand for drilling services or production services in the geographic areas where we operate, the highly competitive nature of our business, technological advancements and trends in our industry and improvements in our competitors' equipment, the loss of one or more of our major clients or a decrease in their demand for our services, operating hazards inherent in our operations, the supply of marketable equipment within the industry, the continued availability of new components for our fleets, the continued availability of qualified personnel, the political, economic, regulatory and other uncertainties encountered by our operations, and changes in, or our failure or inability to comply with, governmental regulations, including those relating to the environment, the occurrence of cybersecurity incidents, the success or failure of future dispositions or acquisitions, future compliance with our debt agreements, and the impact of not having our common stock listed on a national securities exchange. We have discussed many of these factors in more detail elsewhere in this report and, including under the headings “Risk Factors” in Item 1A and “Special Note Regarding Forward-Looking Statements” in the Introductory Note to Part I. These factors are not necessarily all the important factors that could affect us. Other unpredictable or unknown factors could also have material adverse effects on actual results of matters that are the subject of our forward-looking statements. All forward-looking statements speak only as of the date on which they are made and we undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise. We advise our shareholders that they should (1) recognize that important factors not referred to above could affect the accuracy of our forward-looking statements and (2) use caution and common sense when considering our forward-looking statements.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
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