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Security Profile
- Security Type
- Common Stock
- CUSIP
- 868157306 (prev. 868157108 )
- Market Cap
- Micro Cap · $81 Million
- Previous Symbol
- SPN (changed 9/18/2020)
Business: Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies worldwide through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells. Superior Energy has a history of developing specialized tools and technologies designed to meet customer needs.
Notes: December 18, 2019 -- Superior Energy Services, Inc. (“Superior” or the “Company”) (NYSE: SPN; OTCQX: SPNV) today announced that at a special meeting of stockholders of the Company held on December 18, 2019, its stockholders voted to approve a proposal authorizing the Board of Directors of the Company to effect a reverse stock split of Superior’s issued and outstanding common stock (the “Reverse Stock Split”) and to proportionately reduce the number of the Company’s authorized shares of common stock (the “Authorized Share Reduction”). Following the special meeting of stockholders, the Board of Directors approved a 1-for-10 Reverse Stock Split. The Company expects that the NYSE staff will formally withdraw the delisting determination and pending appeal so that the common stock can resume trading on the NYSE under the ticker symbol “SPN” with a new CUSIP number of 868157306. The Company expects that its common shares will resume trading on the NYSE at market open on December 26, 2019.
Company Contact
- CEO
- David D. Dunlap
- CFO
- Westy Ballard
- Headquarters
- 1001 Louisiana Street, Suite 2900 Houston, TX 77002
- Phone
- 713-654-2200
- Fax
- 713-654-2205
- Investor Relations
- Paul Vincent · 713-654-2200 · ir@superiorenergy.com