12 July 2011securities registration● Neutral
PIONEER ENERGY SERVICES LLC filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 July 2011debt financing▲ GoodMajor
On June 30, 2011 the company amended and restated its 2008 bank credit agreement with Wells Fargo as administrative agent. The maturity moves from August 31, 2012 to June 30, 2016 and commitments rise from $225 million to $250 million. Borrowing margins are lowered (Eurodollar 2.50%-3.25%, base rate 1.50%-2.25%), the commitment fee is 0.50%, and the financial covenants are reset (max total leverage 4.00x, max senior leverage 2.50x, min interest coverage 2.50x). This resolves the open question of the revolver coming due in 2012.
17 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director C John Thompson received 8,090 shares as part of the equity award.
17 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director Scott D Urban received 8,090 shares as part of the equity award.
17 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director John M Rauh received 8,090 shares as part of the equity award.
10 May 2011substantial holder notice● Neutral
BlackRock, Inc reported a PIONEER ENERGY SERVICES LLC shareholding of 8,963,610 shares (16.49% of votes) in a periodic institutional filing.
5 May 2011quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $153.3 million and a net loss of $6.0 million for the period ended 2011-03-31.
5 May 2011quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $153.3 million and a net loss of $6.0 million for the period ended 2011-03-31.
4 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP & CFO Lorne Phillips received 15,433 shares as part of the equity award.
4 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP & Pres. Drilling Svs. Div. Franklin C West received 19,074 shares as part of the equity award.
4 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC President & CEO Stacy Locke received 37,194 shares as part of the equity award.
4 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP & Pres. Prod. Svs. Div. Joseph Brooks Eustace received 11,011 shares as part of the equity award.
4 May 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC SVP & General Counsel Carlos R Pena received 10,838 shares as part of the equity award.
11 Apr 2011agm notice● Neutral
PIONEER ENERGY SERVICES LLC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
17 Feb 2011quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $148.6 million and a net loss of $6.0 million for the period ended 2010-12-31.
14 Feb 2011substantial holder notice● Neutral
Artis Capital Management, L.P, Artis Capital Management, Inc, Stuart L. Peterson disclosed a new substantial PIONEER ENERGY SERVICES LLC shareholding (6.30% of votes).
10 Feb 2011substantial holder notice● Neutral
THE VANGUARD GROUP, INC. disclosed a new substantial PIONEER ENERGY SERVICES LLC shareholding (5.01% of votes).
4 Feb 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP & CFO Lorne Phillips received a stock option grant for 64,665 shares.
4 Feb 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP & Pres. Drilling Svs. Div. Franklin C West received a stock option grant for 79,820 shares.
4 Feb 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC SVP & General Counsel Carlos R Pena received a stock option grant for 48,157 shares.
4 Feb 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC President & CEO Stacy Locke received a stock option grant for 155,919 shares.
4 Feb 2011director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP & Pres. Prod. Svs. Div. Joseph Brooks Eustace received a stock option grant for 45,998 shares.
10 Jan 2011substantial holder notice● Neutral
BlackRock, Inc reported a PIONEER ENERGY SERVICES LLC shareholding of 5,608,284 shares (10.35% of votes) in a periodic institutional filing.
4 Nov 2010quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $135.5 million and a net loss of $2.6 million for the period ended 2010-09-30.
4 Nov 2010quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $135.5 million and a net loss of $2.6 million for the period ended 2010-09-30.
2 Nov 2010director interest notice● Neutral
PIONEER ENERGY SERVICES LLC President & CEO Stacy Locke exercised stock options for 37,000 shares and disposed of 37,000 shares.
2 Sept 2010securities registration● Neutral
PIONEER ENERGY SERVICES LLC filed the final prospectus for a registered offering.
10 Aug 2010business combination● Neutral
Pioneer filed a registration statement to let holders swap the $250 million of unregistered 9.875% senior notes due 2018, issued March 11, 2010, for registered notes with the same terms. Seven subsidiaries are named as guarantors. This fulfils the registration rights promised at the March 2010 notes closing and raises no new money; the exchange expiry date was left blank in the filing.
5 Aug 2010quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $117.0 million and a net loss of $10.1 million for the period ended 2010-06-30.
5 Aug 2010quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $117.0 million and a net loss of $10.1 million for the period ended 2010-06-30.