Pioneer Energy Services (OTCMKTS:PESXQ) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Pioneer Energy Services Corp. (OTCMKTS:PESXQ – Get Free Report) crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $0.03 and traded as high as $0.0330. Pioneer Energy Services shares last traded at $0.0266, with a volume of 464,700 shares.

Pioneer Energy Services Price Performance

The company has a 50-day moving average of $0.03 and a 200-day moving average of $0.03.

Pioneer Energy Services Company Profile

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Pioneer Energy Services was an oilfield services company that provided contract drilling and production-related services to oil and natural gas exploration and production companies. Its operations were focused primarily on land-based activities, supporting customers throughout the life cycle of a well.

The company’s services historically included contract drilling with a fleet of land rigs, as well as well-servicing and workover operations. These production services supported well completion, maintenance, repair and other activities intended to help operators develop and maintain oil and gas properties.

Pioneer Energy Services served customers in the United States and historically maintained operations in Colombia.

Further Reading

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