Pioneer Energy Services Gets De-Listing Notice

June 12, 2019

 

Pioneer Energy Services says it’s gotten a de-listing warning from the New York Stock Exchange because its stock price is less than $1.00 a share.

The San Antonio-based well services company has six months to boost the share price from its current $0.89 to return to compliance.

All it takes is for Pioneer to have a closing share price of at least $1.00 on the last trading day of any calendar month.