SPN - Superior Energy Services, Inc.

NYSE - NYSE Delayed Price. Currency in USD
4.8100
-0.4400 (-8.38%)
At close: 4:02PM EST
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Previous Close5.2500
Open5.1900
Bid0.0000 x 2200
Ask4.8300 x 1300
Day's Range4.7600 - 5.1900
52 Week Range4.1900 - 6.0700
Volume127,261
Avg. Volume109,912
Market Cap70.634M
Beta (5Y Monthly)3.06
PE Ratio (TTM)N/A
EPS (TTM)-16.6130
Earnings DateFeb 18, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJan 27, 2016
1y Target Est10.67
  • PR Newswire

    Superior Energy Services Announces Expiration Of Exchange Offer And Consent Solicitation For Senior Notes Of SESI, L.L.C.

    Superior Energy Services, Inc. ("Superior Energy") (NYSE: SPN) today announced the expiration of the previously announced offer by its wholly owned subsidiary, SESI, L.L.C. ("SESI" or the "Issuer"), to exchange up to $635 million of SESI's $800 million aggregate principal amount of outstanding 7.125% Senior Notes due 2021 (the "Original Notes") for up to $635 million of newly issued 7.125% Senior Notes due 2021 (the "New Notes") (the "Exchange Offer"), upon the terms and subject to the conditions set forth in SESI's offering memorandum and consent solicitation statement, dated as of January 6, 2020 (as amended and supplemented by the press releases dated January 16, 2020, January 22, 2020, January 31, 2020, February 14, 2020, February 19, 2020 and February 20, 2020 issued by Superior Energy and Supplement No. 1 to the Offering Memorandum and Consent Solicitation Statement, dated as of January 31, 2020, the "Offering Memorandum and Consent Solicitation Statement"). All capitalized terms used but not defined in this press release have the meanings given to them in Superior Energy's press release announcing the commencement of the Exchange Offer and Consent Solicitation, dated January 6, 2020 or the Offering Memorandum and Consent Solicitation Statement, as applicable.

  • Thomson Reuters StreetEvents

    Edited Transcript of SPN earnings conference call or presentation 20-Feb-20 2:00pm GMT

    Q4 2019 Superior Energy Services Inc Earnings Call

  • PR Newswire

    Superior Energy Services Announces Further Extension Of Expiration Time For Exchange Offer And Consent Solicitation For Senior Notes Of SESI, L.L.C.

    Superior Energy Services, Inc. ("Superior Energy") (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. ("SESI"), has elected to further extend the expiration time (as extended, the "Expiration Time") for its previously announced offer to exchange (the "Exchange Offer") up to $635 million of its $800 million aggregate principal amount of outstanding 7.125% Senior Notes due 2021 (the "Original Notes") for up to $635 million of newly issued 7.125% Senior Notes due 2021 (the "New Notes"), upon the terms and subject to the conditions set forth in SESI's offering memorandum and consent solicitation statement, dated as of January 6, 2020 (as amended and supplemented by the press release dated January 16, 2020, January 22, 2020, January 31, 2020, February 14, 2020 and February 19, 2020 issued by Superior Energy and the Supplement No. 1 to the Offering Memorandum and Consent Solicitation Statement, dated January 31, 2020, as so amended, the "Offering Memorandum and Consent Solicitation Statement"). All capitalized terms used but not defined in this press release have the meanings given to them in Superior Energy's press release announcing the commencement of the Exchange Offer and Consent Solicitation, dated January 6, 2020 or the Offering Memorandum and Consent Solicitation Statement, as applicable. As of 5:00 p.m., New York City time, on February 19, 2020, approximately $617.89 million, or 77.24% of the aggregate principal amount of Original Notes outstanding, had been validly tendered and not validly withdrawn pursuant to the Exchange Offer and Consent Solicitation.

  • GlobeNewswire

    Superior Energy Services Announces Fourth Quarter and Full Year 2019 Results

    Recent operating highlights include: Entry into definitive agreement to divest certain U.S. land service lines into a new, publicly traded consolidation platform for U.S..

  • PR Newswire

    Superior Energy Services Announces Further Extension Of Expiration Time And Waiver Of Minimum Tender Condition For Exchange Offer And Consent Solicitation For Senior Notes Of SESI, L.L.C.

    Superior Energy Services, Inc. ("Superior Energy") (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. ("SESI"), has elected to further extend the expiration time (as extended, the "Expiration Time") for its previously announced offer to exchange (the "Exchange Offer") $635 million of its $800 million aggregate principal amount of outstanding 7.125% Senior Notes due 2021 (the "Original Notes") for $635 million of newly issued 7.125% Senior Notes due 2021 (the "New Notes"), upon the terms and subject to the conditions set forth in SESI's offering memorandum and consent solicitation statement, dated as of January 6, 2020 (as amended and supplemented by the press release dated January 16, 2020, January 22, 2020 and January 31, 2020 issued by Superior Energy and the Supplement No. 1 to the Offering Memorandum and Consent Solicitation Statement, dated January 31, 2020, as so amended, the "Offering Memorandum and Consent Solicitation Statement"). All capitalized terms used but not defined in this press release have the meanings given to them in Superior Energy's press release announcing the commencement of the Exchange Offer and Consent Solicitation, dated January 6, 2020 or the Offering Memorandum and Consent Solicitation Statement, as applicable. As of 11:59 p.m., New York City time, on February 13, 2020, approximately $610.27 million, or 76.28% of the aggregate principal amount of Original Notes outstanding, had been validly tendered and not validly withdrawn pursuant to the Exchange Offer and Consent Solicitation.

  • PR Newswire

    Superior Energy Services Announces Amended Exchange Offer And Consent Solicitation For Senior Notes Of SESI, L.L.C.

    Superior Energy Services, Inc. ("Superior Energy") (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. ("SESI" or the "Issuer"), has amended certain terms of its previously announced offer to exchange its Original Notes to provide for an offer to exchange $635 million of its $800 million aggregate principal amount of its outstanding 7.125% Senior Notes due 2021 (the "Original Notes") for $635 million of newly issued 7.125% Senior Notes due 2021 (the "New Notes") (as amended as described below, the "Exchange Offer"), upon the terms and subject to the conditions set forth in SESI's offering memorandum and consent solicitation statement, dated as of January 6, 2020 (as amended by the press releases dated January 16, 2020 and January 22, 2020 and Supplement No. 1 to the Offering Memorandum and Consent Solicitation Statement, dated as of January 31, 2020, and as may be further amended or supplemented from time to time, the "Offering Memorandum and Consent Solicitation Statement"). SESI has amended the Exchange Offer in connection with its previously announced agreement in principle with a steering committee (the "Steering Committee") of holders of approximately 34% of the outstanding Original Notes. The Steering Committee is also working together with other noteholders (collectively with the Steering Committee, the "Ad Hoc Group") and the Ad Hoc Group owns approximately 60% of the aggregate principal amount of outstanding Original Notes. All capitalized terms used but not defined in this press release have the meanings given to them in Superior Energy's press release announcing the commencement of the Exchange Offer and Consent Solicitation, dated January 6, 2020 or the Offering Memorandum and Consent Solicitation Statement, as applicable.

  • PR Newswire

    Superior Energy Services Announces Agreement In Principle With Ad Hoc Group Of Bondholders In Connection With Exchange Offer And Consent Solicitation For Senior Notes Of SESI, L.L.C.

    Superior Energy Services, Inc. ("Superior Energy") (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. ("SESI" or the "Issuer"), has reached an agreement in principle with a steering committee (the "Steering Committee") of holders of 34.210% of SESI's $800 million aggregate principal amount of outstanding 7.125% Senior Notes due 2021 (the "Original Notes"). The Steering Committee is also working together with other noteholders (collectively with the Steering Committee, the "Ad Hoc Group") and the Ad Hoc Group owns 61.369% of the aggregate principal amount of outstanding Original Notes. SESI has agreed to amend certain terms of its previously announced offer to exchange up to $500 million of the Original Notes for up to $500 million of newly issued 7.125% Senior Notes due 2021 (the "New Notes") and cash (as to be amended as described below, the "Exchange Offer"), upon the terms and subject to the conditions set forth in SESI's offering memorandum and consent solicitation statement, dated as of January 6, 2020 (as amended by the press releases dated January 16, 2020 and January 22, 2020, and as may be further amended or supplemented from time to time, the "Offering Memorandum and Consent Solicitation Statement"). All capitalized terms used but not defined in this press release have the meanings given to them in Superior Energy's press release announcing the commencement of the Exchange Offer and Consent Solicitation, dated January 6, 2020 or the Offering Memorandum and Consent Solicitation Statement, as applicable.

  • GlobeNewswire

    Superior Energy Services Announces 2019 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

    HOUSTON, Jan. 27, 2020 -- Superior Energy Services, Inc. (NYSE: SPN) (“Superior Energy” or the “Company”) announced today that it will release its fourth quarter and full year.

  • GlobeNewswire

    Superior Energy Services Announces Further Extension of Early Participation Date and Extension of Expiration Time for Exchange Offer and Consent Solicitation for Senior Notes of SESI, L.L.C.

    HOUSTON, Jan. 22, 2020 -- Superior Energy Services, Inc. (“Superior Energy”) (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. (“SESI” or the.

  • GlobeNewswire

    Superior Energy Services Announces Extension of Early Participation Date for Exchange Offer and Consent Solicitation for Senior Notes of SESI, L.L.C.

    HOUSTON, Jan. 16, 2020 -- Superior Energy Services, Inc. (“Superior Energy”) (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. (“SESI” or the.

  • PR Newswire

    Superior Energy Services Fourth Quarter 2019 Activity Update

    Superior Energy Services, Inc. ("Superior Energy" or the "Company") (NYSE: SPN) today provided an update on fourth quarter 2019 activity.

  • PR Newswire

    Superior Energy Services Announces Commencement Of Exchange Offer And Consent Solicitation For Senior Notes Of SESI, L.L.C.

    Superior Energy Services, Inc. ("Superior Energy") (NYSE: SPN) today announced that its wholly owned subsidiary, SESI, L.L.C. ("SESI" or the "Issuer"), has commenced an offer to exchange (the "Exchange Offer") up to $500 million of its $800 million aggregate principal amount of outstanding 7.125% Senior Notes due 2021 (the "Original Notes") for up to $500 million (the "Exchange Offer Maximum Amount") of newly issued 7.125% Senior Notes due 2021 (the "New Notes") and cash as described in the table below.

  • Moody's

    SESI, L.L.C. -- Moody's downgrade SESI, L.L.C. to B3, reviews for further downgrade

    Moody's Investors Service, ("Moody's") downgraded SESI, L.L.C.'s (SESI) Corporate Family Rating (CFR) to B3 from B2, Probability of Default Rating (PDR) to B3-PD from B2-PD and senior unsecured notes to Caa1 from B3. The SGL-2 rating was unchanged.

  • Houston oil field services co. to spin off U.S. business lines
    American City Business Journals

    Houston oil field services co. to spin off U.S. business lines

    Superior Energy Services Inc. has reached an agreement to spin off a number of its core U.S. business lines into a separate public company to be based in Houston. Houston-based Superior is combining those business lines with Alice, Texas-based Forbes Energy Services Ltd. to create a new company focused on U.S. completion, production and water, according to a press release. In exchange, Superior will get a non-controlling 65 percent economic interest in the new company.

  • GlobeNewswire

    Superior Energy Services Announces: Reverse stock split; Resumption of trading on the New York Stock Exchange under ticker symbol of “SPN”

    Superior Energy Services, Inc. (“Superior” or the “Company”) (NYSE: SPN; OTCQX: SPNV) today announced that at a special meeting of stockholders of the Company held on December 18, 2019, its stockholders voted to approve a proposal authorizing the Board of Directors of the Company to effect a reverse stock split of Superior’s issued and outstanding common stock (the “Reverse Stock Split”) and to proportionately reduce the number of the Company’s authorized shares of common stock (the “Authorized Share Reduction”). Following the special meeting of stockholders, the Board of Directors approved a 1-for-10 Reverse Stock Split.

  • PR Newswire

    Superior Energy Services Announces Strategic Transaction

    Superior Energy Services, Inc. ("Superior Energy" or the "Company") (NYSE: SPN; OTCQX: SPNV) today announced that it has entered into a definitive agreement to divest its U.S. service rig, coiled tubing, wireline, pressure control, flowback, fluid management and accommodations service lines (the "Superior Energy U.S. Business") and combine them with Forbes Energy Services Ltd.'s ("Forbes") (OTCQX: FLSS) complementary service lines to create a new, publicly traded consolidation platform for U.S. completion, production and water solutions.

  • Thomson Reuters StreetEvents

    Edited Transcript of SPN earnings conference call or presentation 6-Nov-19 2:00pm GMT

    Q3 2019 Superior Energy Services Inc Earnings Call

  • GlobeNewswire

    Superior Energy Services Announces Third Quarter 2019 Results

    HOUSTON, Nov. 05, 2019 -- Superior Energy Services, Inc. (NYSE: SPN; OTCQX: SPNV) (the “Company”) today announced a net loss for the third quarter of 2019 of $38.4 million, or.

  • GlobeNewswire

    Superior Energy Services Announces 2019 Third Quarter Earnings Release and Conference Call Schedule

    HOUSTON, Oct. 14, 2019 -- Superior Energy Services, Inc. (NYSE: SPN; OTCQX: SPNV) (“Superior Energy” or the “Company”) announced today that it will release its third quarter.

  • GlobeNewswire

    Superior Energy Services Receives Notice From NYSE Regarding Continued Listing Standard

    Superior Energy Services, Inc. (the “Company”) today was notified  by the New York Stock Exchange (“NYSE”) of its determination to commence proceedings to delist the Company's common stock and to suspend trading of the Company’s common stock due to "abnormally low" price levels.  The Company anticipates that effective September 27, 2019 its common stock will commence trading on the OTC Markets under the symbol “SPNV”.  The transition to the over-the-counter market will not affect the Company’s business operations. The Company believes the determination to commence delisting proceedings is unwarranted.

  • PR Newswire

    S&P Dow Jones Indices Announces Nine Companies Set to Join S&P MidCap 400; Ten Companies to Join S&P SmallCap 600

    NEW YORK , Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its ...

  • Thomson Reuters StreetEvents

    Edited Transcript of SPN earnings conference call or presentation 24-Jul-19 1:00pm GMT

    Q2 2019 Superior Energy Services Inc Earnings Call

  • Superior Energy Services Inc (SPN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Superior Energy Services Inc (SPN) Q2 2019 Earnings Call Transcript

    SPN earnings call for the period ending June 30, 2019.