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Pioneer Energy Services Corp.

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Pioneer Energy Services Corp. Announces Impairment Charges for the First Quarter Ended March 31, 2019; Provides Production Services Business Segments's Revenue Guidance for the Second Quarter of 2019

May 02, 2019 at 07:28 am EDT

Pioneer Energy Services Corp. announced impairment charges for the first quarter ended March 31, 2019. For the period, the company reported impairment of $1,046,000.

In the second quarter of 2019, revenue from production services business segments is expected to be up 1% to 4% as compared to the first quarter of 2019.

Latest news about Pioneer Energy Services Corp.

Pioneer Energy Services Corp. Announces Each Director and Officer of the Company Ceases	21-10-04	CI
Patterson-UTI Energy, Inc. completed the acquisition of Pioneer Energy Services Corp.	21-09-30	CI
Patterson-UTI Energy, Inc. entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $300 million.	21-07-05	CI
Pioneer Energy Services Corp. Purchases $950,000 Aggregate Principal Amount of Senior Secured Floating Rate Notes Due 2025	21-06-04	CI
Pioneer Energy Services Corp. Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-07	CI
Pioneer Energy Services Corp. Purchases $780,417 Aggregate Principal Amount of Notes	21-04-28	CI
Pioneer Energy Services Corp. Announces Senior Secured Floating Rate Notes Due 2025	21-02-10	CI
Pioneer Energy Services Corp. Appoints Matthew S. Porter as Chief Executive Officer	21-01-06	CI
Pioneer Energy Services Corp. Appoints Matthew S. Porter as President	21-01-06	CI
Pioneer Energy Services Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-11-13	CI
Pioneer Energy Services Corp. Enters into the First Amendment to Credit Agreement	20-08-12	CI
Pioneer Energy Services Corp. Announces CEO Changes	20-07-22	CI
Pioneer Energy Services Corp. Announces Management Changes	20-07-22	CI
Pioneer Energy Services Corp. Reports Earnings Results for the First Quarter Ended March 31, 2020	20-06-29	CI
Pioneer Energy Services Corp. announced that it has received $207.896 million in funding	20-06-14	CI
Pioneer Energy Services Corp. Announces Board Changes	20-06-02	CI
Pioneer Energy Services Corp. Enters into Senior Secured Asset Based Revolving Credit Agreement	20-06-02	CI
Pioneer Energy Services Corp. Emerged from Bankruptcy	20-05-29	CI
Pioneer Energy Services Corp. announced that it expects to receive $207.896 million in funding	20-05-28	CI
Pre-packaged Reorganization Plan Approved for Pioneer Energy Services Corp.	20-05-11	CI
Final DIP Financing Approved for Pioneer Energy Services Corp.	20-04-07	CI
Pioneer Energy Services Corp. Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-06	CI
Pioneer Energy Services Corp. Auditor Raises 'Going Concern' Doubt	20-03-05	CI
Pioneer Energy Services Corp. has Changed its Ticker to PESX.Q from PESX	20-03-03	CI
Pioneer Enters into Restructuring Support Agreement with Holders of Approximately 99% in Aggregate Principal Amount of the Company's Outstanding Secured Term Loan Facility	20-03-02	CI

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Company Profile

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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