A report released today by Seaport Global about Pioneer Energy Services (NYSE:PES) raises the target price to $5.00
- Updated: September 30, 2016
Boasting a price of $4.09, Pioneer Energy Services (NYSE:PES) traded 3.60% higher on the day. With the last stock price close up 19.81% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Pioneer Energy Services has recorded a 50-day average of $3.51 and a two hundred day average of $3.36. Volume of trade was down over the average, with 131,139 shares of PES changing hands under the typical 983,341
In a report released on 9/30/2016 Seaport Global increased the stock price target of Pioneer Energy Services (NYSE:PES) to $5.00 stating a potential upside of 0.22%.
With a total market value of $0, Pioneer Energy Services has with a one year low of $0.95 and a one year high of $5.05 .
A total of 8 equity analysts have released a ratings update on PES. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, ten equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $2.14.
Brief Synopsis About Pioneer Energy Services (NYSE:PES)
Pioneer Energy Services Corp. provides land-based drilling services and production services to oil and gas exploration, and production companies in the United States and internationally in Colombia. The Company operates through two segments: Drilling Services and Production Services. The Drilling Services Segment provides contract land drilling services to a group of exploration and production companies through its four drilling divisions in the United States, and internationally in Colombia. The Production Services Segment provides a range of services, including well servicing, wireline services and coiled tubing services, to a group of exploration and production companies, with its operations concentrated in the United States onshore oil and gas producing regions in the Mid-Continent and Rocky Mountain states and in the Gulf Coast, both onshore and offshore. The Company also provides coiled tubing and wireline services offshore in the Gulf of Mexico.
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