BUZZ-Pioneer Energy Services Corp: Lower-than-expected profit

martes 28 de octubre de 2014 13:12 GYT

** Land-based oil and gas driller's shares down 8.4 pct at $9.37 in early afternoon trading

** Company reports lower-than-expected Q3 profit

** Says Colombian operations continue to be hurt by client delays in preparing well sites

** Q3 adjusted profit 9 cents/share, below the average analyst estimate of 15 cents/share

** "Most of the miss was 'below the line' and it would seem drilling was weighed down largely by Colombia," Jefferies & Co analysts say

** Up to Monday's close, stock had risen 27.7 pct this year