Superior Energy Services Company Profile (NYSE:SPN)

About Superior Energy Services (SPN)

Superior Energy Services logoSuperior Energy Services, Inc. provides a range of services and products to the energy industry related to the exploration, development and production of oil and natural gas. The Company's segments include Drilling Products and Services, which rents and sells bottom hole assemblies, drill pipe, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, production and workover activities; Onshore Completion and Workover Services, which provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a range of well completion and maintenance services; Production Services, which provides intervention services, such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, and remedial pumping services, and Technical Solutions, which provides services requiring specialized engineering, manufacturing or project planning.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
  • Exchange: NYSE
  • Symbol: SPN
  • CUSIP: 86815710
Key Metrics:
  • Previous Close: $13.54
  • 50 Day Moving Average: $16.29
  • 200 Day Moving Average: $16.64
  • 52-Week Range: $12.25 - $19.83
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -36.59
  • P/E Growth: 0.27
  • Market Cap: $2.07B
  • Outstanding Shares: 152,831,000
  • Beta: 1.97
Profitability:
  • Net Margins: -55.65%
  • Return on Equity: -17.51%
  • Return on Assets: -7.54%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 2.27%
  • Quick Ratio: 1.84%

Analyst Ratings

Consensus Ratings for Superior Energy Services (NYSE:SPN) (?)
Ratings Breakdown: 9 Hold Ratings, 16 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.69)
Consensus Price Target: $19.25 (42.17% upside)

Analysts' Ratings History for Superior Energy Services (NYSE:SPN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/1/2017Barclays PLCReiterated RatingBuy$19.00N/AView Rating Details
2/17/2017Jefferies Group LLCDowngradeBuy -> Hold$20.00 -> $19.00N/AView Rating Details
1/31/2017Morgan StanleyBoost Price TargetOverweight$25.00 -> $30.00N/AView Rating Details
1/18/2017SunTrust Banks, Inc.Initiated CoverageHold$20.00N/AView Rating Details
1/4/2017Credit Suisse Group AGUpgradeNeutral -> Outperform$15.00 -> $21.00N/AView Rating Details
12/28/2016Goldman Sachs Group IncReiterated RatingNeutral$16.00N/AView Rating Details
12/13/2016GabelliInitiated CoverageBuy$27.00N/AView Rating Details
10/26/2016ScotiabankReiterated RatingFocus Stock -> Sector Outperform$25.00 -> $20.00N/AView Rating Details
10/26/2016Deutsche Bank AGLower Price TargetBuy$24.00 -> $19.00N/AView Rating Details
10/26/2016Howard WeilDowngradeFocus Stock -> Sector Outperform$25.00 -> $20.00N/AView Rating Details
10/26/2016Cowen and CompanyLower Price TargetOutperform$20.00 -> $18.00N/AView Rating Details
10/25/2016Citigroup IncDowngradeBuy -> Neutral$22.00 -> $19.00N/AView Rating Details
9/30/2016Loop CapitalInitiated CoverageBuyN/AView Rating Details
8/19/2016Seaport Global SecuritiesReiterated RatingBuyN/AView Rating Details
8/16/2016NomuraSet Price TargetHold$15.00N/AView Rating Details
7/27/2016Capital One Financial Corp.UpgradeEqual Weight -> Overweight$20.00N/AView Rating Details
7/27/2016Imperial CapitalLower Price TargetOutperform$23.00 -> $20.00N/AView Rating Details
7/15/2016MacquarieInitiated CoverageNeutralN/AView Rating Details
7/15/2016StephensReiterated RatingTop PickN/AView Rating Details
6/18/2016Royal Bank of CanadaReiterated RatingHoldN/AView Rating Details
5/3/2016Iberia CapitalBoost Price TargetOutperform$12.00 -> $19.00N/AView Rating Details
4/15/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
4/18/2016GMP SecuritiesDowngradeBuy -> HoldN/AView Rating Details
4/15/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$13.00N/AView Rating Details
3/31/2016SimmonsUpgradeNeutral -> Overweight$8.00 -> $15.00N/AView Rating Details
3/31/2016Piper Jaffray CompaniesUpgradeNeutral -> Overweight$8.00 -> $15.00N/AView Rating Details
3/14/2016Paradigm CapitalSet Price TargetBuyC$0.65N/AView Rating Details
3/1/2016KLR GroupLower Price TargetBuy$21.00 -> $14.00N/AView Rating Details
2/26/2016Susquehanna Bancshares IncLower Price Target$15.00 -> $10.00N/AView Rating Details
2/26/2016Raymond James Financial, Inc.Lower Price TargetStrong-Buy$13.00 -> $11.50N/AView Rating Details
2/26/2016Evercore ISILower Price TargetBuy$17.00 -> $12.00N/AView Rating Details
1/21/2016Robert W. BairdLower Price Target$19.00 -> $13.00N/AView Rating Details
1/11/2016Wells Fargo & CoUpgradeMarket Perform -> OutperformN/AView Rating Details
1/8/2016Oppenheimer Holdings Inc.Reiterated RatingBuyN/AView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$20.00N/AView Rating Details
5/9/2015Capital Ideas ResearchReiterated RatingOutperform$28.50 -> $31.00N/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for Superior Energy Services (NYSE:SPN)
Earnings by Quarter for Superior Energy Services (NYSE:SPN)
Earnings History by Quarter for Superior Energy Services (NYSE:SPN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/21/2017Q4 2016($0.77)($0.74)$339.08 million$354.40 millionViewListenView Earnings Details
10/24/2016Q316($0.57)($0.73)$356.73 million$326.23 millionViewListenView Earnings Details
7/25/2016Q216($0.58)($0.53)$367.73 million$356.30 millionViewListenView Earnings Details
4/28/2016Q116($0.59)($0.49)$453.70 million$413.10 millionViewListenView Earnings Details
2/22/2016Q415($0.51)($0.41)$549.85 million$545.20 millionViewListenView Earnings Details
10/28/2015Q315($0.36)($0.46)$681.69 million$601.40 millionViewListenView Earnings Details
7/30/2015Q215($0.31)($0.31)$757.51 million$710.00 millionViewListenView Earnings Details
4/30/2015Q115($0.05)($0.01)$903.62 million$917.20 millionViewListenView Earnings Details
2/19/2015Q414$0.49$0.48$1.19 billion$1.18 billionViewListenView Earnings Details
10/30/2014Q314$0.54$0.55$1.18 billion$1.21 billionViewListenView Earnings Details
7/30/2014Q214$0.41$0.50$1.15 billion$1.11 billionViewListenView Earnings Details
4/24/2014Q114$0.21$0.27$1.11 billion$1.06 billionViewListenView Earnings Details
2/25/2014Q413$0.31$0.30$1.17 billion$1.13 billionViewListenView Earnings Details
10/25/2013Q313$0.50$0.43$1.22 billion$1.19 billionViewListenView Earnings Details
7/29/2013Q2 2013$0.45$0.43$1.17 billion$1.16 billionViewListenView Earnings Details
4/25/2013Q1 2013$0.40$0.40$1.14 billion$1.14 billionViewListenView Earnings Details
2/26/2013Q4 2012$0.49$0.49$1.15 billion$1.18 billionViewListenView Earnings Details
10/24/2012Q312$0.66$0.60$1.20 billion$1.18 billionViewN/AView Earnings Details
7/30/2012$0.82$0.83ViewN/AView Earnings Details
4/26/2012$0.59$0.71ViewN/AView Earnings Details
2/23/2012$0.66$0.67ViewN/AView Earnings Details
10/26/2011$0.67$0.69ViewN/AView Earnings Details
7/27/2011$0.41$0.53ViewN/AView Earnings Details
4/27/2011$0.19$0.19ViewN/AView Earnings Details
2/23/2011$0.43$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Superior Energy Services (NYSE:SPN)
Current Year EPS Consensus Estimate: $-1.73 EPS
Next Year EPS Consensus Estimate: $-0.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167($0.72)($0.45)($0.57)
Q2 20165($0.67)($0.55)($0.60)
Q3 20165($0.62)($0.52)($0.57)
Q4 20166($0.78)($0.48)($0.68)
Q1 20174($0.63)($0.58)($0.61)
Q2 20174($0.57)($0.46)($0.51)
Q3 20174($0.48)($0.23)($0.38)
Q4 20174($0.40)($0.17)($0.30)
Q1 20182($0.31)($0.14)($0.23)
Q2 20182($0.21)($0.02)($0.12)
Q3 20182($0.12)$0.12$0.00
Q4 20182($0.03)$0.25$0.11
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Superior Energy Services (NYSE:SPN)
Most Recent Dividend:2/23/2016
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Superior Energy Services (NYSE:SPN)

Dividend History by Quarter for Superior Energy Services (NYSE:SPN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/15/2016quarterly$0.081/28/20162/1/20162/23/2016
10/15/2015quarterly$0.0810/28/201510/30/201511/20/2015
7/15/2015quarterly$0.081.69%7/28/20157/30/20158/20/2015
4/15/2015quarterly$0.081.25%4/28/20154/30/20155/20/2015
1/15/2015quarterly$0.081.85%1/28/20151/30/20152/20/2015
10/15/2014quarterly$0.081.3%10/28/201410/30/201411/19/2014
7/18/2014quarterly$0.080.9%7/29/20147/31/20148/20/2014
4/15/2014quarterly$0.081.01%4/28/20144/30/20145/21/2014
12/11/2013special$0.081/28/20141/30/20142/19/2014
12/11/2013quarterly$0.081/30/20142/19/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Superior Energy Services (NYSE:SPN)
Insider Ownership Percentage: 2.91%
Insider Trades by Quarter for Superior Energy Services (NYSE:SPN)
Institutional Ownership by Quarter for Superior Energy Services (NYSE:SPN)
Insider Trades by Quarter for Superior Energy Services (NYSE:SPN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/7/2016Atul SabharwalDirectorBuy5,500$0.22$1,210.00
6/6/2016Atul SabharwalDirectorBuy10,000$0.21$2,100.00
11/4/2015Baris KaradoganInsiderSell348,500$0.45$156,825.00
4/6/2015Conrad SwansonDirectorSell15,000$0.79$11,850.00
2/26/2015A Patrick BernardInsiderSell37,500$22.09$828,375.00View SEC Filing  
2/25/2015Lynton G Cook IIIEVPSell28,029$22.18$621,683.22View SEC Filing  
2/24/2015Danny R YoungEVPSell37,500$21.38$801,750.00View SEC Filing  
2/24/2015Robert S TaylorCFOSell60,000$21.30$1,278,000.00View SEC Filing  
1/13/2015Harold J BouillionDirectorBuy10,000$17.61$176,100.00View SEC Filing  
1/12/2015Harold J BouillionDirectorBuy5,000$17.73$88,650.00View SEC Filing  
12/5/2014Atul SabharwalDirectorSell20,000$0.45$9,000.00
8/26/2014Enoch L DawkinsDirectorSell20,000$35.67$713,400.00View SEC Filing  
5/19/2014Harold BouillionDirectorSell7,474$32.75$244,773.50View SEC Filing  
5/14/2014Enoch DawkinsDirectorSell7,474$32.45$242,531.30View SEC Filing  
5/13/2014Terence HallDirectorSell94,000$32.08$3,015,520.00View SEC Filing  
5/12/2014Danny YoungEVPSell22,354$32.10$717,563.40View SEC Filing  
5/12/2014Robert TaylorCFOSell25,000$32.30$807,500.00View SEC Filing  
5/2/2014Robert TaylorCFOSell50,000$32.95$1,647,500.00View SEC Filing  
5/2/2014Terence HallDirectorSell46,000$32.81$1,509,260.00View SEC Filing  
4/29/2014Robert TaylorCFOSell35,000$32.89$1,151,150.00View SEC Filing  
4/29/2014Westervelt Ballard, Jr.EVPSell2,562$33.03$84,622.86View SEC Filing  
4/28/2014A Patrick BernardInsiderSell50,483$32.84$1,657,861.72View SEC Filing  
4/28/2014Gregory RosensteinEVPSell27,500$32.49$893,475.00View SEC Filing  
3/14/2014Gregory RosensteinEVPSell10,000$28.20$282,000.00View SEC Filing  
2/28/2014Terence HallDirectorSell75,000$29.08$2,181,000.00View SEC Filing  
11/23/2012James M FunkDirectorBuy2,000$19.09$38,180.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Superior Energy Services (NYSE:SPN)
Latest Headlines for Superior Energy Services (NYSE:SPN)
Source:
DateHeadline
streetinsider.com logoCoker Palmer Starts Superior Energy Services (SPN) at $25.00 Fair Value - StreetInsider.com (NYSE:SPN)
www.streetinsider.com - March 10 at 8:02 AM
finance.yahoo.com logoSUPERIOR ENERGY SERVICES INC Financials (NYSE:SPN)
finance.yahoo.com - March 1 at 9:37 PM
biz.yahoo.com logoSUPERIOR ENERGY SERVICES INC Files SEC form 10-K, Annual Report (NYSE:SPN)
biz.yahoo.com - February 24 at 7:40 AM
finance.yahoo.com logoEdited Transcript of SPN earnings conference call or presentation 22-Feb-17 4:00pm GMT (NYSE:SPN)
finance.yahoo.com - February 23 at 1:12 AM
seekingalpha.com logoSuperior Energy Services (SPN) Q4 2016 Results - Earnings Call Transcript (NYSE:SPN)
seekingalpha.com - February 22 at 8:10 PM
biz.yahoo.com logoSuperior Energy Services Inc Earnings Call scheduled for 11:00 am ET today (NYSE:SPN)
biz.yahoo.com - February 22 at 8:10 PM
us.rd.yahoo.com logo5:19 pm Superior Energy beats by $0.03, beats on revs (NYSE:SPN)
us.rd.yahoo.com - February 22 at 10:00 AM
biz.yahoo.com logoSUPERIOR ENERGY SERVICES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NYSE:SPN)
biz.yahoo.com - February 22 at 10:00 AM
biz.yahoo.com logoQ4 2016 Superior Energy Services Inc Earnings Release - After Market Close (NYSE:SPN)
biz.yahoo.com - February 21 at 4:58 PM
finance.yahoo.com logoSuperior Energy downgraded by Jefferies (NYSE:SPN)
finance.yahoo.com - February 17 at 7:27 PM
biz.yahoo.com logoSUPERIOR ENERGY SERVICES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fin (NYSE:SPN)
biz.yahoo.com - February 14 at 6:30 AM
globenewswire.com logoSuperior Energy Services to Present at the Credit Suisse 22nd Annual Energy Summit - GlobeNewswire (press release) (NYSE:SPN)
globenewswire.com - February 13 at 8:08 AM
feeds.benzinga.com logoSuperior Energy Services to Present at the Credit Suisse 22nd Annual Energy Summit (NYSE:SPN)
feeds.benzinga.com - February 13 at 7:08 AM
prnewswire.com logoOil & Gas Stocks Under Review -- Baker Hughes, National Oilwell Varco, TechnipFMC, and Superior Energy Services - PR Newswire (press release) (NYSE:SPN)
www.prnewswire.com - February 6 at 8:03 PM
nasdaq.com logoSuperior Energy Services Shares Cross Below 200 DMA (NYSE:SPN)
www.nasdaq.com - January 30 at 10:07 PM
finance.yahoo.com logoSuperior Energy Services Announces 2016 Fourth Quarter Earnings Release and Conference Call Schedule (NYSE:SPN)
finance.yahoo.com - January 20 at 6:50 AM
us.rd.yahoo.com logoHow Did Superior Energy’s Earnings Pan Out in 3Q16? (NYSE:SPN)
us.rd.yahoo.com - January 11 at 3:17 AM

Social

Frequently Asked Questions for Superior Energy Services (NYSE:SPN)

What is Superior Energy Services' stock symbol?

Superior Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPN."

How were Superior Energy Services' earnings last quarter?

Superior Energy Services, Inc. (NYSE:SPN) released its quarterly earnings data on Tuesday, February, 21st. The company reported ($0.74) EPS for the quarter, topping the consensus estimate of ($0.77) by $0.03. The business had revenue of $354.40 million for the quarter, compared to analyst estimates of $339.08 million. Superior Energy Services had a negative net margin of 55.65% and a negative return on equity of 17.51%.

When will Superior Energy Services make its next earnings announcement?

Superior Energy Services is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Where is Superior Energy Services' stock going? Where will Superior Energy Services' stock price be in 2017?

26 brokerages have issued 12-month target prices for Superior Energy Services' shares. Their forecasts range from $13.00 to $30.00. On average, they expect Superior Energy Services' share price to reach $19.25 in the next twelve months.

What are analysts saying about Superior Energy Services stock?

Here are some recent quotes from research analysts about Superior Energy Services stock:

  • 1. Jefferies Group LLC analysts commented, "As we better reflect our assumptions for activity trajectory across SPN's businesses, we lower estimates, tweak our PT to $19 from $20 and downgrade to Hold as we see shares as fairly valued. We see better options for exposure to U.S. Completions recovery in other names (and anyway any scarcity value is compromised by the recent and expected IPOs). Longer term, more measured assumptions about deepwater demand temper our outlook as well." (2/17/2017)
  • 2. According to Zacks Investment Research, "SUPERIOR ENERGY SERVICES, INC. is engaged in the business of providing offshore plugging and abandonment and wireline services in the Gulf of Mexico, the development, manufacture and sale of electronic torque and pressure control equipment and thread protectors which are used in connection with oil and gas exploration, the development, manufacture and sale of oil spill containment boom and ancillary equipment and the rental of specialized oil well equipment and fishing tools. " (1/3/2017)

Who owns Superior Energy Services stock?

Superior Energy Services' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (5.11%), Van ECK Associates Corp (4.96%), Dimensional Fund Advisors LP (3.93%), Franklin Resources Inc. (3.06%), State Street Corp (2.95%) and Renaissance Technologies LLC (2.26%). Company insiders that own Superior Energy Services stock include Atul Sabharwal, Baris Karadogan and Conrad Swanson.

Who sold Superior Energy Services stock? Who is selling Superior Energy Services stock?

Superior Energy Services' stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Century Capital Management LLC, Renaissance Technologies LLC, Caxton Associates LP, State Board of Administration of Florida Retirement System, Keybank National Association OH, GLG LLC and Federated Investors Inc. PA.

Who bought Superior Energy Services stock? Who is buying Superior Energy Services stock?

Superior Energy Services' stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Norges Bank, Prudential PLC, FMR LLC, Franklin Resources Inc., Dimensional Fund Advisors LP, Oceanic Investment Management LTD and Precocity Capital LP.

How do I buy Superior Energy Services stock?

Shares of Superior Energy Services can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Superior Energy Services stock cost?

One share of Superior Energy Services stock can currently be purchased for approximately $13.54.

Superior Energy Services (SPN) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff