Pioneer Energy Services Announces Suspension of Trading on the NYSE and Expects to Commence Trading on the OTC Markets
PIONEER ENERGY SERVICES (PES)
Last pioneer energy services earnings: 7/31 06:00 am
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US:NYSE Investor Relations:
pioneeres.investorroom.com
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Source: PR Newswire
SAN ANTONIO, Aug. 14, 2019 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today announced that it has been notified by the New York Stock Exchange (the "NYSE") that its common stock has been suspended from trading due to its "abnormally low" trading price levels. Pursuant to Section 802.01D of the NYSE Listed Company Manual, the NYSE has determined to commence proceedings to delist Pioneer's common stock.The Company anticipates that effective August 15, 2019, its common stock will commence trading on OTCQX® under the trading symbol "PESX". The transition to the over-the-counter market will not affect Pioneer's business operations. The OTCQX is operated by the OTC Markets Group, Inc. Investors can find quotes for the Company's common stock on www.otcmarkets.com.The Company expects to continue to make all required SEC filings and remain subject to SEC rules and regulations applicable to reporting companies under the Securities Exchange Act of 1934, as amended.About PioneerPioneer
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