SPN
SUPERIOR ENERGY SERVICES Inc
9.4150
1.56%
9.4150
1.56%
7.6550 19.2800
52 weeks
52 weeks

Mkt Cap 1.44B

Shares Out 152.83M

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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...


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