Superior Energy Services (SPN) Given Media Sentiment Rating of 0.17

News headlines about Superior Energy Services (NYSE:SPN) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Superior Energy Services earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 45.9224722109544 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have effected Accern’s analysis:

A number of equities research analysts recently weighed in on the stock. ValuEngine raised shares of Superior Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, June 7th. Raymond James raised their target price on shares of Superior Energy Services from $15.00 to $19.00 and gave the company a “strong-buy” rating in a research note on Thursday, April 26th. Barclays raised their target price on shares of Superior Energy Services from $10.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, April 27th. Cowen reaffirmed an “outperform” rating and issued a $13.00 target price (up from $12.00) on shares of Superior Energy Services in a research note on Thursday, April 26th. Finally, Citigroup raised their target price on shares of Superior Energy Services from $9.00 to $11.00 and gave the company a “neutral” rating in a research note on Monday, April 30th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Superior Energy Services currently has an average rating of “Hold” and a consensus target price of $13.43.

Shares of NYSE SPN opened at $9.91 on Thursday. Superior Energy Services has a one year low of $7.66 and a one year high of $12.73. The company has a current ratio of 1.86, a quick ratio of 1.48 and a debt-to-equity ratio of 1.19. The company has a market cap of $1.52 billion, a price-to-earnings ratio of -6.01 and a beta of 2.06.

Superior Energy Services (NYSE:SPN) last issued its earnings results on Tuesday, April 24th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $0.01. Superior Energy Services had a negative net margin of 8.90% and a negative return on equity of 19.29%. The firm had revenue of $482.32 million for the quarter, compared to analysts’ expectations of $494.41 million. During the same quarter last year, the business earned ($0.59) earnings per share. The business’s revenue was up 20.3% on a year-over-year basis. sell-side analysts predict that Superior Energy Services will post -0.77 EPS for the current fiscal year.

In other news, CEO David D. Dunlap bought 30,000 shares of the business’s stock in a transaction dated Thursday, April 26th. The shares were purchased at an average price of $10.89 per share, for a total transaction of $326,700.00. Following the completion of the acquisition, the chief executive officer now owns 660,414 shares of the company’s stock, valued at $7,191,908.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.81% of the stock is currently owned by company insiders.

About Superior Energy Services

Superior Energy Services, Inc provides oilfield services and equipment to oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally. The company operates in four segments: Drilling Products and Services, Onshore Completion and Workover Services, Production Services, and Technical Solutions.

Insider Buying and Selling by Quarter for Superior Energy Services (NYSE:SPN)

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