Pioneer Energy Services Corp.

GPTKB entity

Properties (51)
Predicate Object
gptkbp:instanceOf Corporation
gptkbp:acquisition Acquired by a private equity firm in 2020
Acquired_Pioneer_Drilling_Company_in_2011
Acquired_Production_Services_in_2015
gptkbp:businessModel Contract drilling and production services
gptkbp:CEO W. Andrew W. McGowan
Formerly_held_by_J._Michael_McGowan
W._Andrew_W._McGowan_(as_of_2021)
gptkbp:challenges Faced bankruptcy in 2020
gptkbp:community_involvement Supports local charities and initiatives
gptkbp:competitors gptkb:Nabors_Industries
gptkb:Transocean
gptkb:Helmerich_&_Payne
Precision Drilling
gptkbp:employees Approximately 1,000
gptkbp:established J. Michael McGowan
gptkbp:financialPerformance Revenue of $200 million (2020)
gptkbp:focus Onshore drilling
Production services for oil and gas companies
gptkbp:focus_area Production enhancement services
Land drilling rigs
gptkbp:founded 1997
gptkbp:future_plans Expand into new markets
Focus on operational efficiency
Increase service offerings
gptkbp:hasFunding 2007
gptkbp:headCoach Approximately 1,200 (2019)
gptkbp:headquarters gptkb:San_Antonio,_Texas
Located_in_San_Antonio,_Texas
https://www.w3.org/2000/01/rdf-schema#label Pioneer Energy Services Corp.
gptkbp:industry Oil and Gas
gptkbp:market gptkb:Latin_America
gptkb:North_America
gptkbp:operates_in gptkb:Colombia
gptkb:Mexico
gptkb:United_States
gptkbp:partnerships Various oil and gas exploration companies
gptkbp:reform Underwent restructuring in 2020
gptkbp:regulatoryCompliance Follows industry regulations and standards
gptkbp:revenue $150 million (2019)
-$50 million (2019)
gptkbp:sells gptkb:NYSE
gptkbp:services Drilling_Services
Production_Services
gptkbp:stockExchange gptkb:New_York_Stock_Exchange
gptkbp:stockSymbol PES
gptkbp:subsidiary gptkb:Pioneer_Drilling_Company
Pioneer_Production_Services
gptkbp:sustainability_initiatives Investing in eco-friendly technologies
gptkbp:type Publicly traded company
gptkbp:website www.pioneeres.com