News headlines about Superior Energy Services (NYSE:SPN) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Superior Energy Services earned a news impact score of 0.20 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.5608201129303 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
- Stock’s Trend Analysis Report: Superior Energy Services, Inc. (NYSE:SPN), SeaWorld Entertainment, Inc. (NYSE:SEAS) – The Oracle Examiner (oracleexaminer.com)
- Hot Stock’s Trend Recap – Superior Energy Services Inc (NYSE … – Stocks Pen (stockspen.com)
- Stock’s Technical Picture to Focus on Superior Energy Services, Inc. (SPN) – Wall Street Morning (wallstreetmorning.com)
- Analysts Anticipate Superior Energy Services, Inc. (SPN) to Post -$0.34 Earnings Per Share (americanbankingnews.com)
- News Recap: Superior Energy Services, Inc. (NYSE:SPN), Leggett & Platt, Incorporated (NYSE:LEG) – The Oracle Examiner (oracleexaminer.com)
A number of brokerages have issued reports on SPN. Howard Weil cut Superior Energy Services from a “sector outperform” rating to a “sector perform” rating in a report on Friday, January 12th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $10.25 target price on shares of Superior Energy Services in a report on Friday, February 23rd. Zacks Investment Research raised Superior Energy Services from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a report on Tuesday, January 2nd. Susquehanna Bancshares raised Superior Energy Services from a “neutral” rating to a “positive” rating and upped their target price for the stock from $9.00 to $15.00 in a report on Friday, January 5th. Finally, SunTrust Banks raised Superior Energy Services from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Monday, November 20th. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $12.91.
Superior Energy Services (NYSE:SPN) last announced its earnings results on Monday, February 19th. The oil and gas company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.01). Superior Energy Services had a negative net margin of 10.99% and a negative return on equity of 21.92%. The business had revenue of $497.00 million for the quarter, compared to the consensus estimate of $509.27 million. During the same quarter in the previous year, the company earned ($0.74) EPS. The firm’s revenue for the quarter was up 40.2% on a year-over-year basis. equities analysts forecast that Superior Energy Services will post -0.81 earnings per share for the current year.
About Superior Energy Services
Superior Energy Services, Inc provides a range of services and products to the energy industry related to the exploration, development and production of oil and natural gas. The Company’s segments include Drilling Products and Services, which rents and sells bottom hole assemblies, drill pipe, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, production and workover activities; Onshore Completion and Workover Services, which provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a range of well completion and maintenance services; Production Services, which provides intervention services, such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, and remedial pumping services, and Technical Solutions, which provides services requiring specialized engineering, manufacturing or project planning.
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