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Stock impact report

Pioneer Energy Services Receives a Continued Listing Standard Notice from the NYSE

Pioneer Energy Services (PES)  More Company Research Source: PR Newswire
Last pioneer energy services earnings: 7/31 06:00 am Check Earnings Report
US:NYSE Investor Relations: pioneeres.investorroom.com
PDF SAN ANTONIO, June 12, 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 does not satisfy one of the NYSE's standards for continued listing. The NYSE requires that the average closing price per share of a listed company's stock be no less than $1.00 over a consecutive 30 trading-day period. As of June 11, 2019, the date of the NYSE notice, the 30 trading-day average closing price of Pioneer Energy Services common stock was $0.89 per share.Under the NYSE's rules, Pioneer has six months following receipt of the notification to regain compliance with the minimum share price requirement. Pioneer can regain compliance at any time during the six-month cure period if Pioneer's common stock has a closing share price of at least $1.00 on the last trading day of any calendar month during the six-month period and also has an average closing share price of at least $1.00 over the 30-t [Read more]
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