Company Quick10K Filing
Pioneer Energy Services
10-K 2019-12-31 Filed 2020-03-06
10-Q 2019-09-30 Filed 2019-10-31
10-Q 2019-06-30 Filed 2019-07-31
10-Q 2019-03-31 Filed 2019-05-02
10-K 2018-12-31 Filed 2019-02-19
10-Q 2018-09-30 Filed 2018-10-30
10-Q 2018-06-30 Filed 2018-07-31
10-Q 2018-03-31 Filed 2018-05-02
10-K 2017-12-31 Filed 2018-02-16
10-Q 2017-09-30 Filed 2017-11-02
10-Q 2017-06-30 Filed 2017-08-01
10-Q 2017-03-31 Filed 2017-05-02
10-K 2016-12-31 Filed 2017-02-17
10-Q 2016-09-30 Filed 2016-11-01
10-Q 2016-06-30 Filed 2016-07-28
10-Q 2016-03-31 Filed 2016-04-29
10-K 2015-12-31 Filed 2016-02-17
10-Q 2015-10-29 Filed 2015-10-29
10-Q 2015-06-30 Filed 2015-07-30
10-Q 2015-03-31 Filed 2015-04-30
10-K 2014-12-31 Filed 2015-02-17
10-Q 2014-09-30 Filed 2014-10-28
10-Q 2014-06-30 Filed 2014-07-31
10-Q 2014-03-31 Filed 2014-04-29
10-K 2013-12-31 Filed 2014-02-13
10-Q 2013-09-30 Filed 2013-10-30
10-Q 2013-06-30 Filed 2013-07-30
10-Q 2013-03-31 Filed 2013-04-30
10-K 2012-12-31 Filed 2013-02-13
10-Q 2012-09-30 Filed 2012-11-01
10-Q 2012-06-30 Filed 2012-08-07
10-Q 2012-03-31 Filed 2012-05-08
10-K 2011-12-31 Filed 2012-02-21
10-Q 2011-09-30 Filed 2011-11-03
10-Q 2011-06-30 Filed 2011-08-04
10-Q 2011-03-31 Filed 2011-05-05
10-K 2010-12-31 Filed 2011-02-17
10-Q 2010-09-30 Filed 2010-11-04
10-Q 2010-06-30 Filed 2010-08-05
10-Q 2010-03-31 Filed 2010-05-06
10-K 2009-12-31 Filed 2010-02-16
8-K 2020-05-29 Enter Agreement, Leave Agreement, Off-BS Arrangement, Sale of Shares, Shareholder Rights, Control, Officers, Amend Bylaw, Regulation FD, Exhibits
8-K 2020-05-15 Other Events
8-K 2020-05-11 Bankruptcy, Exhibits
8-K 2020-04-27 Officers
8-K 2020-04-01 Regulation FD, Exhibits
8-K 2020-02-28 Enter Agreement, Bankruptcy, Off-BS Arrangement, Regulation FD, Other Events, Exhibits
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-09-10 Officers, Exhibits
8-K 2019-08-14 Regulation FD, Exhibits
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-07-02 Officers, Amend Bylaw, Exhibits
8-K 2019-06-11 Regulation FD, Exhibits
8-K 2019-05-16 Officers, Shareholder Vote, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-02-27 Regulation FD, Exhibits
8-K 2019-02-19 Earnings, Exhibits
8-K 2019-01-09 Regulation FD, Exhibits
8-K 2018-12-21 Officers
8-K 2018-12-05 Officers, Exhibits
8-K 2018-11-27 Regulation FD, Exhibits
8-K 2018-11-19 Officers, Regulation FD
8-K 2018-09-26 Regulation FD, Exhibits
8-K 2018-08-28 Regulation FD, Exhibits
8-K 2018-06-12 Regulation FD, Exhibits
8-K 2018-05-22 Regulation FD, Exhibits
8-K 2018-05-17 Shareholder Vote
8-K 2018-05-15 Other Events
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-03-27 Regulation FD, Exhibits
8-K 2018-03-01 Regulation FD, Exhibits
8-K 2018-02-16 Earnings, Exhibits
8-K 2018-01-17 Regulation FD, Exhibits

Pioneer Energy Services Financials

PES Metrics, Comps, Filings

Quarterly | Annual

Business

Pioneer Energy Services Corp. provides land-based drilling services and production services to a diverse group of oil and gas exploration and production companies in the United States and internationally in Colombia. Drilling services and production services are fundamental to establishing and maintaining the flow of oil and natural gas throughout the productive life of a well.

-Drilling Services- From 1999 to 2011, we significantly expanded our fleet through acquisitions and the construction of new drilling rigs. As our industry changed with the evolution of shale drilling, we began a transformation process in 2011 by selectively disposing of our older, less capable rigs, while we continued to invest in our rig building program to construct more technologically advanced, pad-optimal rigs to meet the changing needs of our clients.

Our current drilling rig fleet is 100% pad-capable and offers the latest advancements in pad drilling. We have 16 AC rigs in the US and eight SCR rigs in Colombia, all of which have 1,500 horsepower or greater drawworks. The removal of older, less capable rigs from our fleet and investments in the construction of new drilling rigs has transformed our fleet into a highly capable, pad optimal fleet focused on the horizontal drilling market. We believe this positions us to compete well, grow our presence in the significant shale basins in the US, and improve profitability.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Ultra Petroleum (UPL) 40 0% 14.7 8% 1,847 2,690 844 0 149 149 2,190
TransAtlantic Petroleum (TAT) 36 0% 1.3 -2% 143 88 51 0 -3 22 29
Lilis Energy (LLEX) 29 0% -5.8 -10% 475 241 51 0 -45 -23 130
Halcon Resources (HK) 29 0% -0.3 -89% 1,167 1,018 159 0 -1,041 -1,041 270
Sanchez Energy (SN) 26 60% 34.8 -8% 2,863 3,085 574 343 -233 66 2,281
Zion Oil & Gas (ZN) 23 9.2 -33% 16 6 0 0 -5 2 19
Pioneer Energy Services (PES) 21 19% 12.9 -10% 690 577 587 113 -69 36 468
CKX Lands (CKX) 19 0% 59.6 1% 16 0 1 0 0 0 17
Approach Resources (AREX) 16 0% 57.0 -5% 1,055 515 72 0 -49 7 415
SAExploration (SAEX) 13 9% -2.4 -28% 192 175 125 11 -53 -42 100
Houston American Energy (HUSA) 12 0% -18.0 -12% 8 1 1 0 -1 -1 12
Mexco Energy (MXC) 9 0% 16.0 -2% 10 2 3 0 -0 1 10
New Concept Energy (GBR) 9 0% -3.8 -40% 6 4 0 0 -2 -2 9
Tengasco (TGC) 7 0% 10.6 -3% 9 3 5 0 -0 0 3
US Energy (USEG) 6 0% 15.6 -2% 14 3 5 0 -0 0 5
Yuma Energy (YUMA) 5 0% -0.3 -34% 62 28 7 0 -21 -16 5
Barnwell Industries (BRN) 5 0% -0.0 -68% 18 17 12 0 -12 -10 0
Camber Energy (CEI) 0 22% 0.7 -15% 31 6 7 1 -5 -4 -3
SandRidge Mississippian Trust II (SDR)
SandRidge Mississippian Trust I (SDT)

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-10-292015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash12229221219241118182821242635366236141915101077117671645355283128
Accounts Receivable81102106117129129116111127125116122132142136105685248423638395463728076858677919081
Inventory111011121312121213131314131414141099998101212121416181919202322
PP&E1,1851,2281,3371,4441,5501,6321,6991,7291,7441,7081,7241,7411,7791,8081,7021,5731,5111,5101,1471,1491,1351,1121,0581,0821,0941,1011,0941,0951,1001,0991,1181,1251,1221,118
Assets8889471,1731,2681,3381,3791,4181,4121,2921,2521,2301,4261,2511,2651,1721,1241,005949830787757732706717709707767758757753742737724690
Accounts Payable54486685958584484748445455666448493517131313192328323033383534384132
Long-Term Debt285242420419454499520559549534503703494464455430410410395395395406346380389398475475475475475475475475
Liabilities489444662673733761792776768733711909732724677641599560487471465472419451471486557558574574576586585577
Stockholders' Equity4005039321,0051,0551,1001,1231,1531,021980939924913893830780655706657627606582578591238222210200183178165151138113
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-10-292015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue1711882042322742302282302482442382392602732831941351071047562687196107117126144155149142147153146
Cost of Revenue1601611581541661791871328672695244525673798792103114109109116108
Gross Profit89838085969497624936352319171523283134424140383738
R&D
SG&A161819212621212324242424252727221817171715141518161818192514201830
Tax155121282413191116-20140-24000-501011111100
Net Income47724181149126-3132022-481013418-4821-4-5-36-1-20-17-13-11-18-5-14-15-13-26
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-10-292015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating23699162387068733965415459786557174254-6-316555124-11155
Cash Investing-64-1770-98-97-730-36-25-20-0-42-30-53-0-10-43-90-7-10-2-1-15-10-8-10-19-14-16-12-8
Cash Financing52172035452040-10-15-350-9-26-160-20-1-16-0-1115339967-0-00-0-00