Superior Energy Services (SPN) Tops Q1 EPS by 4c

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Go back to Superior Energy Services (SPN) Tops Q1 EPS by 4c

Superior Energy Services Announces First Quarter 2015 Results

April 30, 2015 4:30 PM EDT

HOUSTON, April 30, 2015 /PRNewswire/ -- Superior Energy Services, Inc. (NYSE: SPN) today announced a net loss from continuing operations of $1.5 million, or $0.01 per share, on revenue of $917.2 million and a net loss of $11.1 million, or $0.07 per share for the first quarter of 2015.

These results compare with net income from continuing operations of $42.6 million, or $0.27 per diluted share, and net income of $36.7 million, or $0.23 per diluted share, on revenue of $1,061.4 million for the first quarter of 2014. 

"Oil and gas activity levels and pricing for our services declined at an exceptional pace... More