Shares of Superior Energy Services SPN rose 4% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 151.61% year over year to ($0.78), which beat the estimate of ($0.99).
Revenue of $321,497,000 declined by 31.18% from the same period last year, which beat the estimate of $315,700,000.
Guidance
Superior Energy hasn't issued any earnings guidance for the time being.
Superior Energy hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: May 21, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/d8375nm6
Price Action
Company's 52-week high was at $5.95
Company's 52-week low was at $0.07
Price action over last quarter: down 75.00%
Company Description
Superior Energy Services Inc provide a variety of services and products to the energy industry. It serves major, national and independent oil and natural gas exploration and production companies around the world. It has four business segments: Drilling Products and Services includes downhole drilling tools and surface rentals; Onshore Completion and Workover Services includes fluid management and workover services; Production Services includes intervention services; and Technical Solutions includes products and services that generally address customer-specific needs with their applications, which typically require specialized engineering, manufacturing or project planning expertise.
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