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Pioneer Energy Services (PES) Looks Good: Stock Adds 6% in Session

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Pioneer Energy Services Corp. (PES - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 93.8% in the past one-month time frame.

The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Pioneer Energy Services. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Pioneer Energy Services currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another stock worth considering in the Oils-Energy sector is Anadarko Petroleum Corporation (APC - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is PES going up? Or down? Predict to see what others think:Up or Down

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