Stock Report: Superior Energy Services Inc. (SPN) Report Updated: May 20, 2013 | Print This Page

Superior Energy Services, Inc. provides specialized oilfield services and equipments to serve the production and drilling-related needs of oil and gas companies. It operates through three segments: Subsea and Well Enhancement, Drilling Products and Services, and Marine. The Subsea and Well Enhancement segment provides integrated subsea services and engineering services, mechanical wireline, hydraulic workover and snubbing, well control, coiled tubing, electric line, pumping and stimulation, and wellbore evaluation services; well plug and abandonment services; stimulation and sand control equipment and services; and other oilfield services used to support drilling and production operations. This segment also engages in production handling arrangements; and the production and sale of oil and gas. The Drilling Products and Services segment rents and sells stabilizers, drill pipe, tubulars, and specialized equipment for use with onshore and offshore oil and gas well drilling, completion, production, and workover activities. It also provides on-site accommodations, and bolting and machining services. The Marine segment operates liftboats for production service activities, as well as for oil and gas production facility maintenance, construction operations, and platform removals. Superior Energy Services, Inc. sells its products and services in the United States, the Gulf of Mexico, and internationally. The company was founded in 1991 and is based in Houston, Texas.