Pioneer Energy Services provides land-based drilling services and production services. Co.'s business is comprised of two business lines: Drilling Services, which provides contract land drilling services through three domestic divisions which are located in the Marcellus/Utica, Permian Basin and Eagle Ford, and Bakken regions, and internationally in Colombia; and Production Services, which provides a range of well, wireline and coiled tubing services to a group of exploration and production companies, with its operations concentrated in the main domestic onshore oil and gas producing regions in the Gulf Coast, Mid-Continent and Rocky Mountain states. The PES average annual return 10 years is shown above.
The Average Annual Return on the PES average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PES average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PES average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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