Pioneer Energy Services

Pioneer Energy Services provides land contract drilling services and production services to independent and major oil and gas exploration and production companies. Production services include well servicing, wireline, and coiled tubing services.

Founded in 1968, Pioneer operates a modern fleet of more than 35 top performing drilling rigs throughout onshore oil and gas producing regions of the United States and Colombia. Pioneer production services are supported by 100 well-servicing rigs, more than 100 cased-hole, open-hole and offshore wireline units, and a range of advanced coiled tubing units.

Type
Public
HQ
San Antonio, US
Founded
1968
Size (employees)
1,800 (est)
Pioneer Energy Services was founded in 1968 and is headquartered in San Antonio, US

Pioneer Energy Services Office Locations

Pioneer Energy Services has an office in San Antonio
San Antonio, US (HQ)
1000 1250 Ne Interstate 410 Loop

Pioneer Energy Services Data and Metrics

Pioneer Energy Services Financial Metrics

Pioneer Energy Services's revenue was reported to be $95.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

95.8 m

Net income (Q1, 2017)

(25.1 m)

EBIT (Q1, 2017)

(18.9 m)

Market capitalization (25-Jul-2017)

177.3 m

Cash (31-Mar-2017)

7.3 m
Pioneer Energy Services's current market capitalization is $177.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

960.2 m1.1 b540.8 m277.1 m

Revenue growth, %

10%(49%)(49%)

EBIT

8.7 m(48.7 m)(65.3 m)(34.5 m)

EBIT margin, %

1%(5%)(12%)(12%)

Net Income

(35.9 m)(38 m)(155.1 m)(128.4 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

259.8 m273.3 m193.8 m135 m107.5 m75 m62.3 m68.4 m95.8 m

General and administrative expense

25.3 m26.6 m21.9 m18.4 m16.8 m16.5 m15.3 m14.3 m17.7 m

Operating expense total

25.3 m26.6 m21.9 m18.4 m16.8 m16.5 m15.3 m14.3 m17.7 m

EBIT

21.9 m31.5 m(8.3 m)(75.1 m)(18 m)(23 m)(26 m)(29.9 m)(18.9 m)

EBIT margin, %

8%12%(4%)(56%)(17%)(31%)(42%)(44%)(20%)

Interest expense

(10.7 m)(9 m)

Pre tax profit

(1.4 m)22.4 m(16.5 m)(79.9 m)(24.2 m)(29.7 m)(32 m)(36.3 m)(25.1 m)

Income tax expense

1.1 m(9.9 m)4.5 m2.6 m6.7 m2 m2 m1.7 m(48 k)

Net Income

(2.9 m)9.6 m(12 m)(89.3 m)(106.8 m)(27.7 m)(57.7 m)(92.3 m)(25.1 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

27.4 m34.9 m14.2 m10.2 m

Accounts Receivable

4.1 m8.9 m

Inventories

9.3 m8.9 m7.4 m9.7 m

Current Assets

239.4 m269.1 m115.3 m114 m

Total Assets

1.2 b1.2 b829.8 m700.1 m

Accounts Payable

43.7 m64.3 m17 m19.2 m

Current Liabilities

120.8 m147.2 m70 m66 m

Total Liabilities

418.7 m

Additional Paid-in Capital

456.8 m472.5 m475.8 m541.8 m

Retained Earnings

(264.3 m)

Total Equity

518.4 m495.1 m342.6 m281.4 m

Financial Leverage

2.4 x2.4 x2.4 x2.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

23.7 m26.4 m35.7 m62.5 m35.7 m18.7 m14.6 m9.7 m7.3 m

Accounts Receivable

21.3 m7.2 m7.4 m3.9 m3.3 m2.8 m2.4 m

Inventories

13.5 m14.3 m13.7 m9.5 m9 m8.5 m8.6 m8.3 m11.6 m

Current Assets

279.5 m293.8 m241.4 m193 m140.9 m103.5 m92.5 m91.1 m116.6 m

Total Assets

1.3 b1.3 b1.1 b1 b949.1 m786.5 m750.5 m722.8 m708.3 m

Accounts Payable

54.7 m66.2 m48 m49.3 m35.1 m13 m13.1 m13 m22.8 m

Current Liabilities

130.3 m141.5 m143.3 m131.2 m97.3 m62.4 m59.2 m55 m63.5 m

Additional Paid-in Capital

462.1 m470.7 m472.8 m473.4 m473.8 m476 m476.1 m476.7 m543.2 m

Retained Earnings

(163.6 m)(193.6 m)(228.2 m)(289.5 m)

Total Equity

519.8 m540.9 m483.1 m406 m388.9 m315.1 m285.1 m251.1 m257.2 m

Financial Leverage

2.4 x2.3 x2.3 x2.5 x2.4 x2.5 x2.6 x2.9 x2.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(35.9 m)(38 m)(155.1 m)(128.4 m)

Depreciation and Amortization

183.4 m150.9 m114.3 m

Inventories

3.7 m(55 k)1.8 m(630 k)

Accounts Payable

(166 k)7 m(30.5 m)2 m

Cash From Operating Activities

174.6 m233 m142.7 m5.1 m

Purchases of PP&E

(165.4 m)(175.4 m)(159.6 m)(32.4 m)

Cash From Investing Activities

(150.7 m)(151.9 m)(101.7 m)(24.8 m)

Cash From Financing Activities

(20.3 m)(73.6 m)(61.8 m)15.7 m

Interest Paid

46.3 m43.7 m22.5 m24.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(2.9 m)9.6 m(12 m)(89.3 m)(106.8 m)(27.7 m)(57.7 m)(92.3 m)(25.1 m)

Depreciation and Amortization

91.3 m137.4 m41.8 m80.3 m115.5 m29.8 m58.7 m87.4 m25 m

Inventories

(234 k)(1.1 m)431 k1 m1.5 m629 k454 k855 k(1.9 m)

Accounts Payable

7.7 m11.8 m(19.5 m)(26.2 m)(29.5 m)(2.7 m)(5.1 m)(2.4 m)778 k

Cash From Operating Activities

95.5 m154.9 m64.9 m121.8 m139.1 m9.6 m13.6 m7.6 m(21.8 m)

Purchases of PP&E

(74.6 m)(120.7 m)(45.7 m)(84 m)(130.4 m)(5.5 m)(13.2 m)(25.6 m)(24.7 m)

Cash From Investing Activities

(68 m)(98.5 m)(39.4 m)(49.3 m)(92.4 m)(5.1 m)(12.4 m)(22.8 m)(14.4 m)

Cash From Financing Activities

(31.1 m)(57.4 m)(24.8 m)(45 m)(46 m)(63 k)(750 k)10.7 m33.3 m

Interest Paid

25.3 m41.2 m10.3 m11.4 m21.5 m10.6 m12.1 m22.8 m10.3 m
USDY, 2017

Revenue/Employee

53.2 k

Financial Leverage

2.8 x

Pioneer Energy Services Market Value History

Pioneer Energy Services Online and Social Media Presence

Pioneer Energy Services Company Life and Culture

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