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Superior Energy Services, Inc.
17 articles mentioning Superior Energy Services, Inc.
Superior Energy Services Files for Bankruptcy
Superior Energy Services has entered into a restructuring support agreement with a group of its senior noteholders that collectively hold or control approximately 69.2% of the Company’s senior unsecured notes. The proposed comprehensive financial recapitalization would...
Superior Energy Services Delisted from NYSE; Begins Trading on OTC Market
Superior Energy Services, Inc. reported that the NYSE has commenced proceedings to delist and suspend trading of the Company's common stock due to failure to meet the NYSE's $15 million, 30-trading day average market capitalization standard....
Superior Energy Q1: Company Axes Deal to Acquire Forbes Energy Services
Superior Energy Services, Inc. reported its Q1 2020 results. Deal Cancellation "In December 2019, the Company entered into an agreement with Forbes Energy Services (“Forbes”) to combine its North America services business lines with Forbes into...
Superior/ PumpCo Closing Up Shop; Lays Off Staff
Last week, we reported that the frac division of Superior Energy Services (PumpCo) had laid off 112 people, according to data from the Texas Workforce Commission. The state recieved the notice of the reductions on November...
Superior Energy, NOV Cut Jobs as Frac Fleets/Spreads Fall
Important note : "If you are a current paid subscriber to Shale Experts and you have been affected by these job loses but want to stay current with events, please contact us for a complimentary subscription....
Superior Energy Services Delisted from NYSE; Plans Appeal
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...
Superior Q2 / Outlook: US Will 'Remain Challenging'; Offshore US, International Stable
Superior Energy Services reported its Q2 2019 results - below are highlights from its report and call. Similar to Halliburton and Schlumberger's Q2 commentary, Superior noted lower North America activity and improving International operations. Permian Accounted...
Superior CEO: 'Considerable Uncertainty' Remains Due to Investor Pressure on E&Ps;
Superior Energy Services reported its Q1 2019 results. Below are the highlights from its report and conference call. Similar to the Q1 reports for Schlumberger and Halliburton, Superior saw North America activity drop as E&Ps strive...
Superior Adds Frac Fleets; No Slow Down; International Recovering
Superior Energy Services generated revenue of $536 million, EBITDA of $96 million and a net loss from continuing operations of $25 million, or $0.16 per share. Pressure Pumping As of the second quarter, the company has...
Superior Energy: We See No Slow Down in Activity
Superior Energy Services reported its 2Q17 results and like the other well service providers, the company showed increased in revenue as a results of increase activity from E&Ps. Here are some highlights. As a result of...
Superior Energy; Growth In Pressure Pumping, Sand Cost Increase
U.S. land revenue was $258.7 million in the first quarter of 2017, a 29% increase as compared with revenue of $200.3 million in the fourth quarter of 2016 and a 36% increase compared to revenue of...
Slow Drilling Takes Hit on Superior Energy Services' Q2 Financials
Superior Energy Services, Inc. announced a net loss from continuing operations for the second quarter of 2016 of $468.6 million, or $3.09 per share, on revenue of $356.3 million.
Superior Energy Executives Take Pay Cut; Axe Dividend
Pressure Pumper, Superior Energy Services, Inc. announced today that, following a recommendation of the Company's management team, its Board of Directors has approved the elimination of the Company's quarterly dividend. David Dunlap, President and CEO, commented,...
Superior Energy Services Initiates $400MM Share Buyback
Superior Energy Services, Inc. has reported that its Board of Directors has authorized a share repurchase program of the Company's common stock with an authorized limit of up to $400 million until expiration on December 31,...
Superior Energy Services Q3 Results Hit by Flat Rig Count
David Dunlap, CEO, commented, "Our guidance for the second half of the year was in part predicated on the premise that we could maintain margins across our various completion and production-related service lines."
Superior's Q2 Income Hit Hard by Bakken Weather Woes
"We were able to slightly increase profit margins for the second consecutive quarter in the Onshore Completions and Workover segment despite downtime in North Dakota," said David Dunlap, President & CEO.
Superior Energy Sees Decline in Onshore Revenue; Talks CapEx
"Our 2013 capital expenditures plan is directed to those geographic markets that we believe will generate the highest growth for us this year," said David Dunlap, President & CEO.