Superior Energy Services Announces Second Quarter 2022 Results and Conference Call
Select Energy Services, Inc. Class A (WTTR)
Last select energy services, inc. class a earnings: 2/24 04:15 pm
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US:NYSE Investor Relations:
investors.selectenergyservices.com
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Source: GlobeNewswire
HOUSTON, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the “Company”) filed its Form 10-Q for the period ending June 30, 2022 on August 4, 2022. In accordance with the Company’s Shareholders Agreement, it will host a conference call with shareholders on Tuesday, August 9, 2022. The Company reported net income from continuing operations for the second quarter of 2022 of $43.6 million, or $2.17 per diluted share, on revenue of $224.6 million. This compares to a net income from continuing operations of $24.0 million, or $1.20 per diluted share, for the first quarter of 2022, on revenues of $197.9 million. Net income from continuing operations includes a gain of $17.4 million in Other (gains) and losses within operating income related to a gain from revisions to our estimated Decommissioning Liability in the second quarter. This gain was offset by an expense of $13.5 million in Other income (expense) primarily related to unfavorable foreign exchange rate change
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