Today, the President & CEO of Pioneer Energy (NYSE: PES), Stacy Locke, bought shares of PES for $47.35K.
This is Locke’s first transaction since reporting a Buy transaction on PDC back in May 2017 Following this transaction Stacy Locke’s holding in the company was increased by 1.2% to a total of $4.08 million.
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Based on Pioneer Energy’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $155 million and GAAP net loss of $18.15 million. In comparison, last year the company earned revenue of $107 million and had a GAAP net loss of $20.21 million. Currently, Pioneer Energy has an average volume of 401.9K.
Seven different firms, including GMP FirstEnergy and Goldman Sachs, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $50.5K worth of PES shares and purchased $47.35K worth of PES shares. The insider sentiment on Pioneer Energy has been negative according to 23 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Pioneer Energy Services Corp. engages in the provision of land-based drilling services and production services to oil and gas exploration and production companies. It operates through the Drilling Services and Production Services segments.
