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Pioneer Energy Services PES

Posted on 12/11/14 at 11:41 am
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 12/11/14 at 11:41 am
It's near its 52 weeks low, looks like a steal at current prices. What do the O&G investing gurus think?

Posted by eye65
Member since Aug 2009
987 posts
Posted on 12/11/14 at 12:34 pm to
Tons of companies are close to 52 week lows in the space....why do you like this one?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 12/11/14 at 12:40 pm to
it's been around for a long time so likely it'll survive this downturn
Posted by Lefty Diego
West of the Pecos
Member since Aug 2009
701 posts
Posted on 12/11/14 at 2:13 pm to
They just opened a 50 million dollar office building in Midland, TX.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 12/11/14 at 4:06 pm to
LINK

Not sure what this means, but it happened today and the stock dropped 8%
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/11/14 at 10:17 pm to
Lehman Brothers says "what's up"
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/12/14 at 12:43 am to
quote:

It's near its 52 weeks low,


And every other oil company..
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 12/12/14 at 6:52 am to
quote:

Posted by Lefty Diego
They just opened a 50 million dollar office building in Midland, TX.




The kiss of death!
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 12/12/14 at 9:47 am to
quote:

And every other oil company..


Nabors is nears its low as well. I am thinking of getting in soon. Any advice/knowledge on Nabors?
Posted by jeepfreak
Back in the BR
Member since Oct 2003
19433 posts
Posted on 12/12/14 at 10:49 am to
quote:

What do the O&G investing gurus think?


I'm not exactly an O&G guru, but our research dept likes Pioneer Natural Resources PXD. It's trading at $130 and our 12 month price target is $230. Also has an estimated divi of $5.25.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7137 posts
Posted on 12/12/14 at 12:54 pm to
quote:

Also has an estimated divi of $5.25.


Where are you getting this info? I don't see that anywhere.
Posted by Polar Pop
Member since Feb 2012
10748 posts
Posted on 12/12/14 at 3:24 pm to
quote:

Nabors is nears its low as well. I am thinking of getting in soon. Any advice/knowledge on Nabors?


They are continuously purchasing mass quantities of product from my company for new rig builds.

For NWLA news, they are moving 2 new rigs in to the Lincoln Parish area by end of 1Q 2015.
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