Service & Supply | Finance & Investing | Oilfield Services | Capital Markets
Superior Energy Services Delisted from NYSE; Plans Appeal
Email
Print 
Bookmark
Superior Energy Services, Inc. reported that the NYSE has commenced 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. As announced on August 12, 2019, the Company intends to implement a number of options, including a reverse stock split, to cure the low price condition. The Company will appeal the NYSE’s decision.
Related Categories :
Finance & Investing
More Finance & Investing News
-
Baytex Energy Corp. First Quarter 2023 Results
-
Silverbow Resources Board Adopts 'Poison Pill' Strategy
-
Bonterra Energy Second Quarter 2022 Results
-
Range Resources Second Quarter 2022 Results
-
Liberty Energy Inc. Second Quarter 2022 Results
United States News >>>
-
Petrus Resources Ltd. First Quarter 2023 Results
4.jpg&new_width=60&new_height=60&imgsize=false)
-
Battalion Oil Corporation First Quarter 2023 Results
5.jpg&new_width=60&new_height=60&imgsize=false)
-
Amplify Energy Corporation First Quarter 2023 Results -
-
Denbury Inc., First Quarter 2023 Results
-
Evolution Petroleum Corporation Fiscal Third Quarter 2023 Results
