Pioneer Energy Services Corp. (NYSE:PES)

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Pioneer Energy Services Corp., incorporated on November 14, 1979, provides land-based drilling services and production services to a group of independent oil and gas exploration and production companies in the United States and internationally in Colombia. The Company operates through two segments, which include drilling services segment and production services segment. The Company also provides two of its services (coiled tubing and wireline services) offshore in the Gulf of Mexico. ...

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Federal Reserve Chair Jerome Powell announces the monetary policy decision to lower the federal funds rate by a quarter point to 2%-2.25%.

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