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Pioneer Energy Services Corp (NYSE:PES) has been downgraded to Neutral in a statement by Seaport Global Securities earlier today.

Boasting a price of $2.15, Pioneer Energy Services Corp (NYSE:PES) traded 2.33% higher on the day. With the last stock price close down -22.55% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Pioneer Energy Services Corp has recorded a 50-day average of $1.96 and a two hundred day average of $2.84. Volume of trade was up over the average, with 1,497,942 shares of PES changing hands over the typical 764,181

Seaport Global Securities has downgraded Pioneer Energy Services Corp (NYSE:PES) to Neutral in a statement released on 6/21/2017.

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Pioneer Energy Services Corp (NYSE:PES)

With a total market value of $0, Pioneer Energy Services Corp has with a one year low of $1.60 and a one year high of $7.20 .

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 Corp (NYSE:PES)

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. It also provides two of its services (coiled tubing and wireline services) offshore in the Gulf of Mexico. Its drilling services segment provides contract land drilling services to a group of exploration and production companies through the Company's four drilling divisions in the United States, and internationally in Colombia. Its production services segment provides a range of services to a group of exploration and production companies, with its operations concentrated in the various United States onshore oil and gas producing regions in the Mid-Continent and Rocky Mountain states and in the Gulf Coast.

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