SPN

Superior Energy Services, Inc.

6.6967
USD
-8.39%
6.6967
USD
-8.39%
6.5000 12.7250
52 weeks
52 weeks

Mkt Cap 1.02B

Shares Out 154.53M

new Chat
Send me real-time posts from this site at my email

Superior Energy Services (SPN) Stock Slides After Q3 Miss, Ratings Downgrade

NEW YORK (TheStreet) -- Shares of Superior Energy Services (SPN) were falling 16.77% to $15.44 on heavy trading volume early Tuesday afternoon after the company posted 2016 third quarter results that fell short of analysts' expectations.

Late yesterday, the Houston-based energy services provider reported an adjusted loss of 73 cents per share, wider than analysts' estimates of a loss of 57 cents per share.

Revenue of $326.2 million for the quarter missed Wall Street's projections of $357.5 million.

"The third quarter was...


More