Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Pioneer Energy Services. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Pioneer Energy Services's
is considered below, and whether this is a fair price.
Price based on past earnings
Pioneer Energy Services's earnings available for a low price, and how does
this compare to other companies in the same industry?
Pioneer Energy Services is not considered high growth as it is expected to be loss making for the next 1-3 years.
Pioneer Energy Services's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Pioneer Energy Services's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Pioneer Energy Services
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Pioneer Energy Services's finances.
The net worth of a company is the difference between its assets and liabilities.
Pioneer Energy Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Pioneer Energy Services's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Pioneer Energy Services's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.4x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. William Stacy Locke, also known as Wm, has been the President of Pioneer Energy Services Corp. (formerly Pioneer Drilling Co) since May 1995 and Chief Executive Officer since December 8, 2003. Mr. Locke has over 35 years of industry and management experience. Mr. Locke served as the Chief Financial Officer of Pioneer Drilling Co., from August 2000 to December 2003. Mr. Locke served as Pioneer Drilling Co.'s President and Chief Operating Officer from November 1998 to August 2000 and as President and Chief Executive Officer from May 1995 to November 1998. Prior to joining Pioneer Drilling Company, Mr. Locke served as Vice President of Investment Banking with Arneson, Kercheville, Ehrenberg & Associates, Inc. from January 1993 to April 1995. He was Vice President of Investment Banking with Chemical Banking Corporation's Texas Commerce Bank from 1988 to 1992. He was Senior Geologist with Huffco Petroleum Corporation from 1982 to 1986. From 1979 to 1982, Mr. Locke served for Tesoro Petroleum Corporation and Valero Energy as a Geologist. He has been an Executive Director of Pioneer Energy Services Corp. (formerly Pioneer Drilling Co) since May 1995. Mr. Locke received a Bachelor's Degree in Geology from the University of California Santa Barbara and a Master of Business Administration Degree from Southern Methodist University.
William's compensation has increased whilst company is loss making.
William's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
Pioneer Energy Services
management team in years:
The average tenure for the Pioneer Energy Services management team is over 5 years, this suggests they are a seasoned and experienced team.
Executive VP & CFO
Executive VP & COO
Executive VP & Chief Strategy Officer
Business Operations Consulting Services
Vice President of Treasury and Investor Relations
VP, General Counsel
Senior Vice President of Global Human Resources
Senior Vice President of Marketing - Drilling Services
Board of Directors Tenure
Average tenure and age of the
Pioneer Energy Services
board of directors in years:
The average tenure for the Pioneer Energy Services board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Pioneer Energy Services Corp. provides land-based drilling and production services to oil and gas exploration and production companies. It provides contract land drilling services in the Marcellus/Utica, Permian Basin and Eagle Ford, and Bakken regions, as well as in Colombia. The company operates 16 AC rigs in the United States and 8 SCR rigs in Colombia. It also provides well, wireline, and coiled tubing services to various exploration and production companies in the onshore oil and gas producing regions in the Gulf Coast, Mid-Continent, and Rocky Mountain states. As of December 31, 2018, the company had a fleet of 113 rigs with 550 horsepower and 12 rigs with 600 horsepower; and 9 coiled tubing units. The company was formerly known as Pioneer Drilling Company and changed its name to Pioneer Energy Services Corp. in 2012. Pioneer Energy Services Corp. was founded in 1968 and is headquartered in San Antonio, Texas.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.