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6 pts

Opinion on  Superior Energy Services Inc. (SPN)     Sector: Energy  >  Industry: Oil Well Services & Equipment
SPN

May 03, 2007 03:06 PM GMT
Cimg0054
Return Risk
-15.50% HIGH
Associate

About Company

Superior Energy Services, Inc. is a diversified provider of specialized oilfield services and equipment. It focuses on serving the drilling-related needs of oil and gas companies through its rental tools segment, and the production-related needs of oil and gas companies through its well intervention, rental tools and marine segments. It also owns and operates mature oil and gas properties in the Gulf of Mexico. It has four segments: well intervention services, rental tools, marine services, and oil and gas operations. On December 12, 2006, it acquired Warrior Energy Services Corporation (Warrior), a provider of production-related services. Warrior has 82 electric line units, 15 rig-assist snubbing units and six coiled tubing units and provides services onshore in Alabama, Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Oklahoma, Texas, Utah and Wyoming, and offshore in the Gulf of Mexico. In April 2007, it acquired Advanced Oilwell Services, Inc.

Reports and Ratings:

Standard & Poor's Stock Report, The Street.com Rating Report, and Market Edge - Second Opinion give SPN stock their highest ratings, while Jaywalk Consensus gives this stock a Buy rating (Buy rating is the next one to their highest one - Strong Buy). Ford Equity Research gives this stock a "Hold" rating


SPN:  This call was made on 05/03/07 @ $36.95
Rating:   Positive   $36.95 (05/03/07)
Gain/Loss:   -40.84% in 939 days
Target:   $44.00 (+19.08%) in > one year


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