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

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