Media coverage about Superior Energy Services (NYSE:SPN) has trended positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Superior Energy Services earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 47.1756654171894 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s scoring:
Shares of Superior Energy Services opened at $11.29 on Tuesday, Marketbeat reports. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.86 and a quick ratio of 1.48. Superior Energy Services has a 1 year low of $11.08 and a 1 year high of $11.39.
Superior Energy Services (NYSE:SPN) last announced its quarterly earnings data on Tuesday, April 24th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.01. The firm had revenue of $482.32 million during the quarter, compared to the consensus estimate of $494.41 million. Superior Energy Services had a negative return on equity of 19.29% and a negative net margin of 8.90%. The business’s revenue for the quarter was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.59) EPS. equities research analysts anticipate that Superior Energy Services will post -0.75 EPS for the current year.
SPN has been the topic of a number of research reports. BMO Capital Markets reaffirmed a “hold” rating and set a $10.00 target price on shares of Superior Energy Services in a research report on Tuesday, January 16th. ValuEngine lowered Superior Energy Services from a “sell” rating to a “strong sell” rating in a research report on Friday, February 2nd. Citigroup lowered their target price on Superior Energy Services from $12.00 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 13th. Royal Bank of Canada set a $11.00 target price on Superior Energy Services and gave the stock a “hold” rating in a research report on Saturday, February 17th. Finally, Seaport Global Securities raised Superior Energy Services from a “neutral” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Wednesday, February 21st. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Superior Energy Services presently has a consensus rating of “Hold” and a consensus price target of $13.43.
In other Superior Energy Services news, CEO David D. Dunlap acquired 30,000 shares of Superior Energy Services stock in a transaction on Thursday, April 26th. The stock was purchased at an average price of $10.89 per share, for a total transaction of $326,700.00. Following the purchase, the chief executive officer now directly owns 660,414 shares of the company’s stock, valued at $7,191,908.46. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.81% of the stock is owned by corporate insiders.
Superior Energy Services Company Profile
Superior Energy Services, Inc provides oilfield services and equipment to oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. The company operates in four segments: Drilling Products and Services, Onshore Completion and Workover Services, Production Services, and Technical Solutions.
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