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Pioneer Drilling (PDC) warns that soft demand and low oil and natural gas liquid prices will...

Pioneer Drilling (PDC) warns that soft demand and low oil and natural gas liquid prices will hurt Q2 results. PDC now sees drilling rig utilization at the low end of previous guidance of 89%-91%, and sees revenue growth at its production services division at the low end of its earlier estimate of 5%-10%.
Comments (1)
  • Jason Tillberg
    , contributor
    Comments (1237) | Send Message
     
    Deflation.. it's what's for dinner.
    25 Jun 2012, 08:42 AM Reply Like
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