Home > Historical Performance > Historical Transaction Report

Transaction Details

Company: Pioneer Drilling Company
Ticker:pdc
Yahoo Beta:0.91
Industry:Oil & gas drilling & exploration

Company Description:  Pioneer Drilling Company provides equipment and workers for land-based oil and gas drilling in Oklahoma, Texas, and the Rocky Mountain areas.

Purchase Date:02 Nov 2005 Sale Date:25 Apr 2007
Purchase Price:$17.65 Sale Price:$13.93
  --Split Adjusted:$17.65  --Split Adjusted:$13.93
Shares Purchased:400 Shares Sold:400
  --Split Adjusted:400  --Split Adjusted:400
Transaction Fee:$194.30 Transaction Fee:$179.63
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$19.85 High$0.00
Date03 Oct 2005 Date01 Jan 1996
Low$11.10 Low$0.00
Date16 May 2005 Date01 Jan 1996
S&P (Purchase Date):$1,214.76 S&P (Sale Date):$1,495.42

Purchase
Timing:  The stock has retreated slightly from recetn highs.
Reason:  Energy demand has been strong and prices have been high, resulting in strong demand for new exploration. PDC's equipment has had a strong ulitilization rate recently, and the company has been shifting to contracts that place more risk on its clients.

Sale
Timing:  After falling significantly below the level at which the class inherited the stock, PDC has rebounded.
Reason:  PDC's equipment is relatively old. As new gas deposits become more difficult to reach, its equipment may be in less demand.

S&P Gain: 23.1 % Annualized Gain: 16.1%
Stock Gain: -21.08 % Annualized Gain: -15.64%

Dividends:$0.00
Net Holding Return ($): $-1,861.89
Net Holding Return (%): -25.67 %