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PDC Market Currents
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May 8 Pioneer Drilling (PDC +5.2%) pops at the open after Q1 results beat expectations. Revenue from drilling services, PDC's biggest top-line contributor, rose 25% Y/Y on higher pricing and improved drilling rig utilization. Revenue from production services more than doubled, reflecting fleet additions, higher utilization and pricing, and a boost from an acquired coiled-tubing business.
Comment![Energy, On the Move]
PDC in Focus
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at CNBC.com (Apr 18, 2012)
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at CNBC.com (Jul 15, 2011)
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at MarketWatch.com (Jul 13, 2011)
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at MarketWatch.com (Jul 5, 2011)
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at MarketWatch.com (Nov 12, 2010)
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PR Newswire (May 8, 2012)
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PR Newswire (Apr 5, 2012)
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PR Newswire (Jan 25, 2012)
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PR Newswire (Jan 3, 2012)
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Company Description
Pioneer Drilling Company provides drilling services and production services to independent and major oil and gas exploration and production companies throughout much of the onshore oil and gas producing regions of the United States and internationally in Colombia. Pioneer Drilling Company was... More