Superior Energy Services: Touching Bottom And Heading Back Up? [Seeking Alpha]
SUPERIOR ENERGY SERVICES INC (SPN)
Last superior energy services inc earnings: 2/19 04:15 pm
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US:NYSE Investor Relations:
ir.superiorenergy.com
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Source: Seeking Alpha
Summary Introduction One of the things that surprises newcomers to the energy sector of investing is how (Fractured? Dare I use that word? Diversified? Not what I am trying to convey. Hmmm, back to F - fragmented, that's it!) fragmented the industry is. There is a lot of competition for every dollar oil companies have to shell out in support of oil E&P activities. Today, we are going to talk about a small-cap that has been beaten down in the thermonuclear firestorm of pessimism that has Schlumberger ( SLB ) sub $60 a share. Gimme a break. The world as it pertains to oil-related stocks, and particularly those of OFS cos, is simply not making sense currently . The only thing to do in this scenario is...go shopping for bargains. Today, I intend to discuss Superior Energy Services ( SPN ), a company with a PSO target to make a fairly broad splat across the OFS sector. It has its fingers in a lot of pies, but focuses on a few of them. The stock, while off
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