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 Q3 2011 Results - Earnings Call Transcript

Pioneer Drilling Company ( PDC)

Q3 2011 Earnings Call

November 3, 2011 11:00 AM ET

Executives

Anne Pearson – IR

Stacy Locke – President and CEO

Lorne Phillips – EVP and CFO

Analysts

John Daniel – Simmons & Co

Brian Uhlmer – Global Hunter

John Keller – Stephens Inc.

Roger Read – Morgan Keegan

Donald Lacombe – SVP, Marketing

Marshall Adkins – Raymond James

Presentation

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Pioneer Drilling Third Quarter 2011 Earnings Conference Call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator Instructions) This conference is being recorded today, Thursday, November 3, 2011.

I’d now like to turn the conference over to Anne Pearson with DRG&L Investor Relations. Please go ahead ma’am

Anne Pearson

Thank you, Mitch and good morning to everyone. Before I call – I turn the call over to Pioneer CEO, Stacy Locke and to CFO, Lorne Phillips for their formal remarks; I have a few usual items to cover. First of all replay of today’s call will be available and accessible by webcast by going to the Investor Relations’ section of Pioneer’s website and also by telephone replay. You’ll find the details on how to access those replays in this morning’s news release.

Also as a reminder, information reported on this call speaks only as of today, November 3, 2011, so any time sensitive information may no longer be accurate at the time of the replay. Management may make forward-looking statements today that are based on beliefs and assumptions and on information currently available to them. Although they believe the expectations reflected in these statements are reasonable, but there is no assurance that they will prove to be correct. They are subject to certain risks and uncertainties and assumptions that are described in this morning’s release, and also in recent public filings with the SEC.

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 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs