Current SPN Stock Info

Superior Energy Services, Inc. (NYSE: SPN) announced a net loss for Q2 2018 of $25.4 million on revenue of $535.5 million, much improved from Q1’s loss of $59.9 million on revenue of $482.3 million.

Superior reports that most of this quarter’s improvement is due to activity in the U.S., where the company has a large hydraulic fracturing business line. Superior activated additional hydraulic horsepower this quarter, bringing the active size of its pressure pumping fleet to 750,000 HHP.

The new fleets combined with higher utilization levels...

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