Tuesday, May 26, 2026
Superior Energy Services announces first quarter 2020 results- oil and gas 360

Superior Energy Services announces first quarter 2020 results

Oil and Gas 360 HOUSTON, May 21, 2020 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (NYSE: SPN) (the “Company”) today announced a net loss from continuing operations for the first quarter of 2020 of $32.3 million, or $2.18 per share, on revenue of $321.5 million.  This compares to a net loss from continuing operations of $6.2 million, or $0.42 per

Refinery Ventures Corporation Executes Letter of Intent to Acquire Laconic Enterprises LLC

Matthew Bassett, CEO & Chairman of Bassett Financial Corporation, the financial advisor for Refinery Ventures Corporation, has announced that the company has executed a letter of intent to acquire all of the issued and outstanding shares of Laconic Enterprises LLC. Refinery Ventures Corporation will change its name to Laconic Enterprises LLC, and the management team of Laconic and its board of

Column: U.S. petroleum stocks stabilize as industry adapts to shock - Kemp- oil and gas 360

Column: U.S. petroleum stocks stabilize as industry adapts to shock – Kemp

Reuters Excess inventories are clearing from the crude side first in response to output cuts, while a reduction in refined fuel stocks will take longer as consumption is slower to return. Total inventories of crude and products, excluding the strategic petroleum reserve, rose by another 5 million barrels last week, taking the cumulative increase to 142 million barrels since March