SPNV - Superior Energy Services, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.4450
-0.0105 (-2.31%)
At close: 3:59PM EST
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Previous Close0.4555
Open0.4460
BidN/A x N/A
AskN/A x N/A
Day's Range0.3770 - 0.4840
52 Week Range0.3770 - 56.3000
Volume2,991,964
Avg. Volume102,497
Market Cap6.535M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • 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or 76.28% of the aggregate principal amount of Original Notes outstanding, had been validly tendered and not validly withdrawn pursuant to the Exchange Offer and Consent Solicitation.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.

  • 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.

  • 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.

  • PR Newswire

    Forbes Energy Services Announces: Combination of Forbes Energy Services with US onshore oilfield services business of Superior Energy

    Forbes Energy Services Ltd. ("Forbes" or the "Company") (OTCPK: FLSS) today announced that it entered into a definitive agreement to combine with the U.S. service rig, coiled tubing, wireline, pressure control, flowback, fluid management and accommodations service lines business of Superior Energy Services, Inc. ("Superior Energy") (OTCQX: SPNV) to create a new, publicly traded, consolidation platform for U.S. completion, production and water solutions (referred to in this press release as Newco).

  • GlobeNewswire

    Superior Energy Services Announces Share Repurchase Program

    Superior Energy Services, Inc. (OTC: SPNV) (the “Company”) announced today that its Board of Directors has authorized a new stock repurchase program of up to $15.0 million of its outstanding shares of common stock. The authorization will expire March 31, 2020 and may be suspended or discontinued at any time at the discretion of the Board of Directors. Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies worldwide through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells.  For more information, visit: www.superiorenergy.com.