Superior Energy Services Company Profile (NYSE:SPN)

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

Superior Energy Services, Inc. (NYSE:SPN) issued its quarterly earnings data on Tuesday, July, 25th. The company reported ($0.41) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.07. The firm earned $470.07 million during the quarter, compared to the consensus estimate of $465.75 million. Superior Energy Services had a negative net margin of 31.24% and a negative return on equity of 28.82%. The company's quarterly revenue was up 31.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($3.09) earnings per share. View Superior Energy Services' Earnings History.

Superior Energy Services is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Superior Energy Services.

21 analysts have issued 12 month price targets for Superior Energy Services' stock. Their forecasts range from $10.00 to $27.00. On average, they expect Superior Energy Services' stock price to reach $16.33 in the next twelve months. View Analyst Ratings for Superior Energy Services.

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)

Superior Energy Services saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 23,459,035 shares, a decrease of 13.9% from the July 14th total of 27,256,720 shares. Based on an average daily trading volume, of 5,130,065 shares, the days-to-cover ratio is currently 4.6 days. Currently, 15.7% of the company's shares are short sold.

Some companies that are related to Superior Energy Services include Oceaneering International (OII), John Wood Group PLC (WG), McDermott International (MDR), Petrofac Limited (PFC), Frank's International N.V. (FI), Tidewater (TDW), Forum Energy Technologies (FET), USA Compression Partners, LP (USAC), Archrock Partners, L.P. (APLP), Helix Energy Solutions Group (HLX), NCS Multistage Holdings (NCSM), Exterran Corporation (EXTN), Newpark Resources (NR), Archrock (AROC), Fairmount Santrol Holdings (FMSA), Ferrellgas Partners, L.P. (FGP), Lamprell Plc (LAM) and Flotek Industries (FTK).

Superior Energy Services' management team includes the folowing people:

• Terence E. Hall, Chairman of the Board
• David D. Dunlap, President, Chief Executive Officer, Director
• Robert S. Taylor, Chief Financial Officer, Executive Vice President, Treasurer
• William B. Masters, Executive Vice President, General Counsel
• Westervelt T. Ballard Jr., Executive Vice President
• A. Patrick Bernard, Executive Vice President
• Brian K. Moore, Executive Vice President - Corporate Services
• James M. Funk Ph.D., Lead Independent Director
• Harold J. Bouillion, Independent Director
• Peter D. Kinnear, Independent Director

Superior Energy Services' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.96%), Vanguard Group Inc. (8.44%), Victory Capital Management Inc. (7.38%), Dimensional Fund Advisors LP (5.40%), Van ECK Associates Corp (4.89%) and State Street Corp (3.83%). Company insiders that own Superior Energy Services stock include Atul Sabharwal, Baris Karadogan and David D Dunlap. View Institutional Ownership Trends for Superior Energy Services.

Superior Energy Services' stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Ameriprise Financial Inc., Energy Opportunities Capital Management LLC, Marshall Wace North America L.P., FMR LLC, Cambiar Investors LLC and KBC Group NV. View Insider Buying and Selling for Superior Energy Services.

Superior Energy Services' stock was purchased by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Balyasny Asset Management LLC, Dimensional Fund Advisors LP, Victory Capital Management Inc., GMT Capital Corp, State Street Corp, Goldman Sachs Group Inc. and Northern Trust Corp. Company insiders that have bought Superior Energy Services stock in the last two years include Atul Sabharwal and David D Dunlap. View Insider Buying and Selling for Superior Energy Services.

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.

One share of Superior Energy Services stock can currently be purchased for approximately $8.45.