24 Nov 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC registered a securities offering with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 Nov 2020director interest notice● Neutral
Ascribe Capital LLC became a PIONEER ENERGY SERVICES LLC company insider (initial ownership filing).
13 Nov 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC amended an already-effective registration statement.
13 Nov 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC amended an already-effective registration statement.
13 Nov 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC amended an already-effective registration statement.
13 Nov 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC amended an already-effective registration statement.
13 Nov 2020quarterly activities report▼ Bad
PIONEER ENERGY SERVICES LLC reported quarterly revenue of $39.0 million and a net loss of $20.1 million for the period ended 2020-09-30.
13 Nov 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC amended an already-effective registration statement.
17 Aug 2020late filing notice▼ Bad
PIONEER ENERGY SERVICES LLC notified the SEC that its quarterly report would be filed late.
12 Aug 2020debt financing● Neutral
On Aug 7, 2020 Pioneer amended its post-bankruptcy ABL revolver (dated May 29, 2020, PNC Bank as agent), cutting the commitment from $75M to $40M and raising the borrowing margins to 2.75% (base rate) and 3.75% (LIBOR). It adds a minimum availability requirement of $4M and loosens the fixed charge coverage test. Right after the amendment no loans were outstanding and about $8.8M of letters of credit were issued. The filing now lists Pioneer as a Delaware company.
15 June 2020securities registration● Neutral
PIONEER ENERGY SERVICES LLC filed notice of an exempt private placement.
10 June 2020substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial PIONEER ENERGY SERVICES LLC shareholding (19.90% of votes).
8 June 2020director interest notice● Neutral
Matthew S Porter became a PIONEER ENERGY SERVICES LLC director and company insider (initial ownership filing).
8 June 2020director interest notice● Neutral
John David Jacobi became a PIONEER ENERGY SERVICES LLC director and company insider (initial ownership filing).
8 June 2020director interest notice● Neutral
Charles K. Thompson became a PIONEER ENERGY SERVICES LLC director and company insider (initial ownership filing).
8 June 2020director interest notice● Neutral
Matthew S Porter became a PIONEER ENERGY SERVICES LLC director and company insider (initial ownership filing).
8 June 2020director interest notice● Neutral
David Albert Johan Michael Coppe became a PIONEER ENERGY SERVICES LLC director and company insider (initial ownership filing).
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP, COO Brian L Tucker acquired 18,744 shares and disposed of 173,288 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director Tamara Morytko received 55 shares as part of the equity award.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP, CFO Lorne Phillips acquired 20,753 shares and disposed of 332,529 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC VP General Counsel Bryce Seki acquired 221 shares and disposed of 39,335 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director John M Rauh acquired 260 shares and disposed of 380,173 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director Scott D Urban acquired 243 shares and disposed of 355,173 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director Dean A Burkhardt acquired 275 shares and disposed of 401,031 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC President & CEO Stacy Locke acquired 90,189 shares and disposed of 1,581,042 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP, CSO Carlos R Pena acquired 21,296 shares and disposed of 217,014 in a set of related equity transactions.
2 June 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC director C John Thompson acquired 137 shares and disposed of 200,501 in a set of related equity transactions.
12 May 2020bankruptcy or receivership▼ BadMajor
On May 11, 2020 the bankruptcy court confirmed Pioneer's prepackaged Chapter 11 plan, continuing the case opened in March. Under the plan, the 79,579,571 common shares outstanding at March 31, 2020 will be cancelled on the effective date. The filing itself does not state what shareholders receive. The earlier restructuring agreement, as described in the earlier 8-K, offered existing holders 5.75% of the new equity plus rights offering participation. The effective date has not yet occurred and the company gives no assurance on timing.
1 May 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC VP General Counsel Bryce Seki acquired 5,720 shares and disposed of 1,392 in a set of related equity transactions.
1 May 2020director interest notice● Neutral
PIONEER ENERGY SERVICES LLC EVP, COO Brian L Tucker acquired 41,852 shares and disposed of 10,190 in a set of related equity transactions.