SPN - Superior Energy Services, Inc.
| Previous Close | 3.8300 |
| Open | 3.3000 |
| Bid | 3.5300 x 1000 |
| Ask | 3.5700 x 900 |
| Day's Range | 3.0300 - 3.6100 |
| 52 Week Range | 3.0300 - 6.0700 |
| Volume | 170,864 |
| Avg. Volume | 112,178 |
| Market Cap | 51.838M |
| Beta (5Y Monthly) | 3.06 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -16.6130 |
| Earnings Date | Feb 18, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Jan 27, 2016 |
| 1y Target Est | 9.50 |
- American City Business Journals
Amid stock market plunge, these energy cos. among biggest declines in Houston
Houston companies weren't exempt from a widespread decline in stock market prices during the first two days of the week.
- 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 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.
- 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.
- 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
