Lorne Phillips - Pioneer Energy CFO and Executive VP

CFO

Mr. Lorne E. Phillips is the Chief Financial Officer, Executive Vice President of Pioneer Energy Services Corporationration Mr. Phillips has served as our Executive Vice President and Chief Financial Officer since joining Pioneer in 2009. Prior to joining Pioneer, Mr. Phillips worked for 10 years at Cameron International Corporationrationration, serving most recently as Vice President and Treasurer. Prior to that, he was General Manager of Camerons Canadian valves operations, Vice President of Marketing and MA for the valves division, and Business Development Manager for Cameron. Before joining Cameron, he was a Financial Analyst for SCF Partners, a provider of equity capital to energy service and equipment companies, and for Simmons Company International, an investment bank focused on the energy industry since 2017.
Age 47
Tenure 7 years
Professional MarksMBA
Phone855 884-0575
Webwww.pioneeres.com
Phillips received a Bachelor Degree in Economics from Rice University and a MBA Degree from Harvard Business School. Currently, he serves on the board of directors of the nonprofit organization, Communities In Schools of San Antonio.

Pioneer Energy Management Efficiency

Pioneer Energy's management efficiency ratios could be used to measure how well Pioneer Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 472.59 M in debt with debt to equity (D/E) ratio of 341.6, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Pioneer Energy Services has a current ratio of 1.97, which is typical for the industry and considered as normal. Debt can assist Pioneer Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Pioneer Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pioneer Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pioneer to invest in growth at high rates of return. When we think about Pioneer Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

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CFO Age

Jennifer JungDuckhorn Portfolio
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Pioneer Energy Services Corp. provides land-based drilling and production services to oil and gas exploration and production companies. Pioneer Energy Services Corp. was founded in 1968 and is headquartered in San Antonio, Texas. Pioneer Energy operates under Oil Gas Drilling classification in USA and is traded on BATS Exchange. It employs 2400 people. Pioneer Energy Services (PES) is traded on New York Stock Exchange in USA and employs 2,400 people.

Management Performance

Pioneer Energy Services Leadership Team

Elected by the shareholders, the Pioneer Energy's board of directors comprises two types of representatives: Pioneer Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pioneer. The board's role is to monitor Pioneer Energy's management team and ensure that shareholders' interests are well served. Pioneer Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pioneer Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Tucker, Executive Vice President and President - Drilling Services Segment
Kevin Capitani, President - North America
Jonathan ChocqueelMangan, Chief Strategy Officer
Scott Urban, Independent Director
Bob Whelan, President - Pearson Assessments
Bryce Seki, Chief Compliance Officer, Vice President General Counsel, Secretary
Linda Lorimer, Non-Executive Independent Director
John Fallon, Chief Executive officer, Executive Director
Vivienne Cox, Senior Non-Executive Independent Director
Josh Lewis, Non-Executive Independent Director
Tom Waldron, Vice President Investor Relations
Rod Bristow, President - UK and Core Markets
Stephen Jones, Company Secretary
Anna Persson, Chief Human Resource Officer
Joe Freeman, Senior Vice President - Well Servicing
Dean Burkhardt, Independent Chairman of the Board
C Thompson, Independent Director
Graeme Pitkethly, Independent Non-Executive Director
John Rauh, Independent Director
Bjarne Tellmann, General Counsel and Chief Legal Officer
Sidney Taurel, Independent Chairman of the Board
Coram Williams, CFO, Executive Director
Carlos Pena, Sr. VP, Compliance Officer, General Counsel and Corporate Secretary
Lincoln Wallen, Non-Executive Independent Director
Stacy Locke, President CEO, Director
Tim Bozik, President - Global Product
Elizabeth Corley, Non-Executive Independent Director
Lorne Phillips, CFO and Executive VP
Deirdre Latour, Chief Corporate Affairs Officer
Bill Bouziden, Senior Vice President - Wireline Services and Coiled Tubing Services
Tamara Morytko, Independent Director
Sherry Coutu, Independent Non-Executive Director
Tim Score, Non-Executive Independent Director
Daniel Petro, Treasurer, Director of Investor Relations
Giovanni Giovannelli, President - Growth Markets
Michael Lynton, Non-Executive Independent Director
Albert Hitchcock, Chief Technology and Operations Officer

Pioneer Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pioneer Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Pioneer Energy Services information on this page should be used as a complementary analysis to other Pioneer Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Pioneer Stock

If you are still planning to invest in Pioneer Energy Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pioneer Energy's history and understand the potential risks before investing.
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