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Superior Energy Services Inc (SPN.N)

SPN.N on New York Stock Exchange

8.91USD
16 Feb 2018
Change (% chg)

$-0.03 (-0.34%)
Prev Close
$8.94
Open
$8.85
Day's High
$9.26
Day's Low
$8.85
Volume
677,272
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909,669
52-wk High
$17.89
52-wk Low
$7.66

Latest Key Developments (Source: Significant Developments)

Superior Energy Services entered fifth amended and restated credit agreement on Oct 20 - SEC filing​
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Superior Energy Services Inc :Superior Energy Services - co entered into a fifth amended and restated credit agreement dated as of October 20, 2017 - SEC filing​.Superior Energy Services Inc - ‍agreement provides for a $300.0 million asset-based secured revolving credit facility ​.Superior Energy Services Inc - ‍credit facility will mature on October 20, 2022​.Superior Energy Services - ‍new revolving credit facility replaced SESI's existing $300 million revolving credit facility.  Full Article

Superior Energy Services reports Q3 adjusted loss per share $0.33 from continuing operations
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Superior Energy Services Inc :Superior energy services announces third quarter 2017 results.Q3 loss per share $0.37 from continuing operations.Q3 revenue $506 million versus I/B/E/S view $511 million.Q3 earnings per share view $-0.32 -- Thomson Reuters I/B/E/S.Q3 adjusted loss per share $0.33 from continuing operations.Superior Energy Services Inc - estimates that Hurricane Harvey related interruptions impacted pre-tax losses by approximately $5.0 million​ in quarter.  Full Article

Superior Energy Services Q2 adj loss $0.53/shr from continuing ops
Tuesday, 26 Jul 2016 

Superior Energy Services Inc : Announces second quarter 2016 results . Q2 loss per share $3.09 from continuing operations . Q2 revenue $356.3 million versus i/b/e/s view $366 million . Q2 earnings per share view $-0.57 -- Thomson Reuters I/B/E/S .Q2 adjusted loss per share $0.53 from continuing operations.  Full Article

Superior Energy Services Q2 revenue $356.3 mln
Tuesday, 26 Jul 2016 

Superior Energy Services Inc : Superior Energy Services announces second quarter 2016 results . Q2 loss per share $3.09 from continuing operations . Q2 revenue $356.3 million versus I/B/E/S view $366 million . Q2 earnings per share view $-0.57 -- Thomson Reuters I/B/E/S .Q2 adjusted loss per share $0.53 from continuing operations.  Full Article

Superior Energy Services enters amendment, reduces credit facility
Thursday, 14 Jul 2016 

Superior Energy Services Inc : On July 13, 2016, entered first amendment to fourth amended and restated credit agreement and security agreement . Superior Energy Services Inc Says amendment, among other things reduces size of credit facility to $400.00 mln -SEC Filing . Superior Energy Services Inc says amendment also suspends maximum leverage ratio until Q4 of 2017 . Amendment modifies cash balance covenant to require less than $150 million cash balance while there are less than $75 million of borrowings .Amendment modifies restricted payment covenant to eliminate ability to pay dividends, make equity repurchases until Sept 2017.  Full Article

BRIEF-Superior Energy Names Westervelt Ballard Jr. As CFO

* SUPERIOR ENERGY NAMES WESTERVELT T. BALLARD, JR. AS CHIEF FINANCIAL OFFICER AND JAMES W. SPEXARTH AS CHIEF ACCOUNTING OFFICER