Pioneer Energy Services Corp. engages in the provision of land-based drilling services and production services to oil and gas exploration and production companies. It operates through Drilling and Production Services segments. The Drilling Services segment offers drilling rig, crews, supplies, and most of the ancillary equipment needed to operate drilling rigs. The Production Services segment offers well servicing,wireline and coiled tubing services to producers primarily in Texas and the Mid-Continent and Rocky Mountain regions, as well as in North Dakota, Louisiana and Mississippi. The company was founded in 1968 and is headquartered in San Antonio, TX.
Company profile
Ticker
PESXQ
Exchange
Website
CEO
William Stacy Locke
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
PIONEER DRILLING CO, PIONEER ENERGY SERVICES CORP, SOUTH TEXAS DRILLING & EXPLORATION INC
SEC CIK
Corporate docs
IRS number
742088619
PESXQ stock data
Latest filings (excl ownership)
RW
Registration withdrawal request
5 Oct 21
S-8 POS
Registration of securities for employees (post-effective amendment)
5 Oct 21
15-12B
Securities registration termination
4 Oct 21
8-K
Termination of a Material Definitive Agreement
4 Oct 21
DEFA14A
Additional proxy soliciting materials
17 Sep 21
8-K
Other Events
30 Aug 21
DEFM14A
Proxy related to merger
27 Aug 21
10-Q
2021 Q2
Quarterly report
6 Aug 21
425
Business combination disclosure
29 Jul 21
425
Business combination disclosure
8 Jul 21
Latest ownership filings
SC 13G/A
MSD Partners, L.P.
14 Feb 23
SC 13G/A
Ascribe Capital LLC
17 Feb 22
SC 13G/A
LOOMIS SAYLES & CO L P
9 Nov 21
SC 13G/A
Strategic Income Management, LLC
27 Oct 21
SC 13D/A
PATTERSON UTI ENERGY INC
5 Oct 21
4
Charles K. Thompson
4 Oct 21
4
Bryce Seki
4 Oct 21
4
Lorne Phillips
4 Oct 21
4
John David Jacobi
4 Oct 21
4
Matthew S Porter
4 Oct 21
Financial summary
| Quarter (USD) | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
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| Diluted EPS |
| Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 30.26 mm | 30.26 mm | 30.26 mm | 30.26 mm | 30.26 mm | 30.26 mm |
| Cash burn (monthly) | 78.00 k | 153.42 k | 5.10 mm | 5.38 mm | (no burn) | (no burn) |
| Cash used (since last report) | 1.82 mm | 3.58 mm | 118.80 mm | 125.41 mm | n/a | n/a |
| Cash remaining | 28.44 mm | 26.68 mm | -88.53 mm | -95.15 mm | n/a | n/a |
| Runway (months of cash) | 364.6 | 173.9 | -17.4 | -17.7 | n/a | n/a |
Institutional ownership, Q2 2022
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 0.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|