News headlines about Pioneer Energy Services (NYSE:PES) have been trending somewhat negative on Wednesday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty 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 closest to one being the most favorable. Pioneer Energy Services earned a news impact score of -0.01 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 48.3839878608514 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern’s rankings:
- Here’s Why Canada Can Win The AI Race (forbes.com)
- Pioneer Energy Services Corp (PES) Director C John Thompson Sells 5,000 Shares (americanbankingnews.com)
- Analysts Expect Pioneer Energy Services Corp (PES) Will Announce Quarterly Sales of $136.14 Million (americanbankingnews.com)
- Pioneer Energy Services Corp (PES) Expected to Post Earnings of -$0.13 Per Share (americanbankingnews.com)
- Pioneer Energy Services Corp (PES) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
Pioneer Energy Services (PES) traded down $0.08 during trading hours on Wednesday, hitting $3.07. The stock had a trading volume of 74,479 shares, compared to its average volume of 798,103. The company has a market capitalization of $245.05, a PE ratio of -3.20 and a beta of 2.94. The company has a debt-to-equity ratio of 2.20, a quick ratio of 2.37 and a current ratio of 2.54. Pioneer Energy Services has a 52 week low of $1.60 and a 52 week high of $4.68.
Several research firms have recently weighed in on PES. Zacks Investment Research upgraded Pioneer Energy Services from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a report on Thursday, January 18th. Seaport Global Securities restated a “buy” rating on shares of Pioneer Energy Services in a report on Thursday, January 18th. ValuEngine upgraded Pioneer Energy Services from a “strong sell” rating to a “sell” rating in a report on Thursday, January 4th. Jefferies Group set a $4.00 price target on Pioneer Energy Services and gave the stock a “buy” rating in a report on Monday, February 26th. Finally, Capital One Financial restated an “overweight” rating on shares of Pioneer Energy Services in a report on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. Pioneer Energy Services has a consensus rating of “Hold” and an average price target of $4.14.
In related news, Director C John Thompson sold 25,000 shares of Pioneer Energy Services stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $2.94, for a total value of $73,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 31,015 shares of company stock worth $91,805. 6.05% of the stock is owned by insiders.
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About Pioneer Energy Services
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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