Superior Energy Services (SPN) Set to Announce Earnings on Monday

Superior Energy Services (NYSE:SPN) is set to release its earnings data after the market closes on Monday, February 19th. Analysts expect Superior Energy Services to post earnings of ($0.31) per share for the quarter.

Superior Energy Services (NYSE:SPN) opened at $8.32 on Monday. The company has a quick ratio of 1.64, a current ratio of 1.99 and a debt-to-equity ratio of 1.15. Superior Energy Services has a 12 month low of $7.66 and a 12 month high of $18.58.

Several brokerages have weighed in on SPN. Wells Fargo & Co lowered shares of Superior Energy Services from an “outperform” rating to a “market perform” rating in a research note on Monday, October 16th. Jefferies Group reissued a “hold” rating and set a $11.00 price target on shares of Superior Energy Services in a research report on Monday, October 16th. Barclays set a $10.00 price target on shares of Superior Energy Services and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Cowen set a $14.00 price target on shares of Superior Energy Services and gave the stock a “buy” rating in a research report on Thursday, January 11th. Finally, BMO Capital Markets set a $9.00 price target on shares of Superior Energy Services and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $12.78.

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Superior Energy Services Company Profile

Superior 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.

Earnings History for Superior Energy Services (NYSE:SPN)

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