This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Pioneer Drilling CEO Presents At UBS Global Oil & Gas Conference. (Transcript)

Pioneer Drilling Co. (PDC)

UBS Global Oil & Gas Conference

May 24, 2012 12:20 pm ET


Stacy Locke- President and Chief Executive Officer


Angie Sedita - UBS Securities


Angie Sedita - UBS Securities

We are very pleased to have Pioneer Drilling here as our next presenter, Stacy Locke, who is the President and Chief Executive Officer of Pioneer Drilling. Stacy has served as President and CEO since December 2003. Prior to that he served as President and CFO from 2000 to 2003, and had been the President and COO from 1998 to 2000. He also actually started his career at investment banking. Stacey has been actually one of my favorite COOs and we give him even more credit this morning given the fact that he did see spasmodic last night, so here it goes.

Stacy Locke

Thank you, Angie. I do feel a little spasmodic today, but anyway I appreciate you all being here. Let's move this slide along. I must be pushing the wrong button. There we go. Okay. There we go.

Pioneer Drilling, pretty simple story, really. We are in four primary business lines. The top three identified here are part of our production services group. That group is headed up by a distinguished gentleman, Mr. Joe Eustace, over here. He is President of our Production Services group. Joe has been in the industry for about 30 years, started Dawson Wells service back in 1982, so he has been around the industry very, very long time.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,118.12 +21.22 0.12%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs