This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pioneer Drilling Company's CEO Discusses Q1 2011 Results - Earnings Call Transcript

Pioneer Drilling Company ( PDC)

Q1 2011 Earnings Call

May 5, 2011 11:00 AM ET

Executives

Ann Pearson – DRG&E Investor Relations

Stacy Locke – President and CEO

Lorne Phillips – EVP and CFO

Analysts

Judd Bailey – Jefferies & Company

John Daniel – Simmons & Company

Brian Uhlmer – Global Hunter Securities

John Keller – Stephens Inc.

Jim Rollison – Raymond James

Janice Rut – Pritchard Capital

Roger Reed – Morgan Keegan

Mike Kelly – Kennedy Capital

Jeff Kagan [ph] – Milwaukee Private Wealth Management

Presentation

Operator

Good morning ladies and gentlemen, thank you for standing by. Welcome to the Pioneer Drilling Q1 2011 Earnings Conference Call. (Operator Instructions). This conference is being recorded today, Thursday May 5 th, and I would now like to turn the call over to Ann Pearson with DRG&E Investor Relations. Please go ahead, ma’am.

Ann Pearson

Thank you, Jeremy, and good morning everybody. Before I turn the call over to Stacy and Lorne for their formal remarks I have a few of the usual items we need to cover. First of all, a replay of today’s call will be available and is accessible by webcast by going into the Investor Relations section of Pioneer’s website and also by telephone replay. And you can find all of the replay information you need in this morning’s news release.

A reminder: information reported on this call speaks only to today, May 5 th, 2011, so any (interference) and information may no longer be accurate at the time of any replay. Management has no obligation to update any (interference) made today and all assumptions are based on information currently available to us, and while management believes the expectations reflected in these statements are reasonable they can give no assurance they’ll prove to be correct. They are subject to certain risks, uncertainties and assumptions as described in this morning’s release and also in Pioneer’s most recent filings with the SEC. Should one or more of these risks materialize or should (interference) actual results may differ materially.

Also please note that this conference call today contains references to non-GAAP measures and a full reconciliation to the GAAP financial measures is available in this morning’s press release. So now I’d like to turn the call over to Stacy Locke, Pioneer President and CEO. Stacy?

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,654.77 +369.26 2.27%
S&P 500 1,987.66 +47.15 2.43%
NASDAQ 4,812.7080 +115.1720 2.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs