0000950170-24-097393.txt : 20240815 0000950170-24-097393.hdr.sgml : 20240815 20240815102112 ACCESSION NUMBER: 0000950170-24-097393 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240814 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240815 DATE AS OF CHANGE: 20240815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUPERIOR ENERGY SERVICES INC CENTRAL INDEX KEY: 0000886835 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 752379388 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34037 FILM NUMBER: 241210942 BUSINESS ADDRESS: STREET 1: 1001 LOUISIANA STREET, SUITE 2900 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: (713) 654-2200 MAIL ADDRESS: STREET 1: 1001 LOUISIANA STREET, SUITE 2900 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: SMALLS OILFIELD SERVICES CORP DATE OF NAME CHANGE: 19930328 8-K 1 spn-20240814.htm 8-K 8-K
0000886835falseNONE00008868352024-08-142024-08-14

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 14, 2024

 

 

SUPERIOR ENERGY SERVICES, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-34037

87-4613576

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1001 Louisiana Street, Suite 2900

 

Houston, Texas

 

77002

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (713) 654-2200

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

None

 

N/A

 

N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 2.02 Results of Operations and Financial Condition.

 

On August 15, 2024, Superior Energy Services, Inc. (the “Company”) issued a press release announcing financial results for the second quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1.

The information in Item 2.02 of this Current Report and the accompanying Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to Item 2.02 of this Current Report in such a filing.

 

Item 7.01 Regulation FD Disclosure.

 

On August 15, 2024, the Company issued a press release announcing a leadership change effective August 19, 2024, a copy of which is furnished as Exhibit 99.2 hereto.

The information in Item 7.01 of this Current Report and the accompanying Exhibit 99.2 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to Item 7.01 of this Current Report in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

 Exhibit No.

 

Exhibit Description

99.1

 

Press Release, dated August 15, 2024, announcing financial results for the quarter ended June 30, 2024.

99.2

 

Press Release, dated August 15, 2024, announcing certain management and Board changes.

104

 

Cover Page Interactive Data File (Embedded within the Inline XBRL document).

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Superior Energy Services, Inc.

 

 

 

 

Date:

August 15, 2024

By:

/s/ James W. Spexarth

 

 

 

James W. Spexarth
Executive Vice President, Chief Financial Officer and Treasurer

 

 EX-99.1 2 spn-ex99_1.htm EX-99.1 EX-99.1

 

Exhibit 99.1

img148250388_0.jpg 

FOR FURTHER INFORMATION CONTACT:

Jamie Spexarth, Chief Financial Officer

1001 Louisiana St., Suite 2900

Houston, TX 77002

Investor Relations, ir@superiorenergy.com, (713) 654-2200

 

SUPERIOR ENERGY SERVICES ANNOUNCES
SECOND QUARTER 2024 RESULTS AND CONFERENCE CALL

Houston, August 15, 2024 – Superior Energy Services, Inc. (the “Company”) filed its Form 10-Q for the period ended June 30, 2024. In accordance with the Company’s Shareholders Agreement, it will host a conference call with shareholders on August 16, 2024.

For the second quarter of 2024, the Company reported net income from continuing operations of $29.5 million, or $1.46 per diluted share, with revenue of $201.1 million. This compares to net income from continuing operations of $37.9 million or $1.88 per diluted share, with revenue of $208.6 million, for the first quarter of 2024.

 

The Company’s Adjusted EBITDA (a non-GAAP measure defined on page 4) was $60.0 million compared to $68.1 million for the first quarter of 2024. Refer to pages 11 and 12 for a reconciliation of Adjusted EBITDA to GAAP results.

 

Brian Moore, Chief Executive Officer, commented, “Superior Energy’s second quarter results were consistent with the expectations indicated in our Q1 2024 Earnings Release. Recognizing changing market conditions, particularly in US Land and Latin America, our leaders and their teams’ nimble actions enabled us to deliver expected results. In the second quarter we generated $39 million Free Cash Flow while continuing to support our businesses with nearly $35 million in capital expenditures.”

Second Quarter 2024 Geographic Breakdown

U.S. land revenue was $39.0 million for the second quarter of 2024, a decrease of 16% compared to revenue of $46.5 million for the first quarter of 2024. The decline in U.S. land revenue was primarily driven by decreased activity from our premium drill pipe product line within our Rentals segment, consistent with a reduced U.S. land rig count.

U.S. offshore revenue was $53.8 million in the second quarter of 2024, a decrease of 19% compared to revenue of $66.1 million in the first quarter of 2024. U.S. offshore revenue decreased across both our Rentals and Well Services segments, with the most significant decline coming from our project based completion services product line, which had a strong first quarter of 2024.

 

International revenue was $108.4 million in the second quarter of 2024, an increase of 13% compared to revenue of $96.0 million in the first quarter of 2024. International revenue was up across both our Rentals and Well

1

 

 

Services segments, with the increase being driven by our premium drill pipe business unit in the Rentals segment, and our Kuwait based production services business in the Well Services segment.

 

Second Quarter 2024 Segment Reporting

The Rentals segment revenue in the second quarter of 2024 was $99.9 million, an 8% decrease compared to revenue of $108.1 million in the first quarter of 2024, primarily due to decreases in U.S. land and U.S. offshore market activity for our premium drill pipe product line. In the second quarter of 2024, Rentals segment income from operations was $44.1 million as compared to $51.2 million in the first quarter of 2024. Adjusted EBITDA was $56.0 million, an 11% decrease from the first quarter of 2024. Adjusted EBITDA Margin (a non-GAAP measure defined on page 4) was 56%, a 2% decrease from the first quarter of 2024.

The Well Services segment revenue in the second quarter of 2024 was $101.2 million, a 1% increase compared to revenue of $100.5 million in the first quarter of 2024. This increase was primarily driven by improvements in our international production services businesses, which were partially offset by a decline in U.S. offshore completion service revenues. In the second quarter of 2024, Well Services segment income from operations was $10.7 million as compared to $13.4 million in the first quarter of 2024. Adjusted EBITDA for the second quarter of 2024 was $19.1 million with an Adjusted EBITDA Margin of 19%, as compared to Adjusted EBITDA of $21.5 million with an Adjusted EBITDA Margin of 21% in the first quarter of 2024.

 

Liquidity

 

As of June 30, 2024, the Company had cash, cash equivalents, and restricted cash of approximately $335.3 million. As of June 30, 2024, our borrowing base, as defined in our credit agreement, was approximately $89.4 million, and we had $36.7 million in letters of credit outstanding which reduced the borrowing availability to $52.7 million. At June 30, 2024, we had no outstanding borrowings under our credit facility.

 

Total cash proceeds received during the second quarter of 2024 from the sale of non-core businesses and assets were $0.7 million compared to total cash proceeds received during the first quarter of 2024 of $2.6 million. Additionally, during the first quarter of 2024, we paid a special cash dividend totaling $250.4 million to our shareholders.

 

During the second quarter of 2024, net cash from operating activities was $73.8 million. Free Cash Flow (a non-GAAP measure defined on page 4) for the second quarter of 2024 totaled $39.0 million as compared to $68.2 million for the first quarter of 2024. Refer to page 8 for a reconciliation of Free Cash Flow to Net Cash from Operating Activities.

 

Second quarter 2024 capital expenditures were $34.7 million. The Company expects total capital expenditures for 2024 to be approximately $100 to $110 million. Approximately 89% of total 2024 capital expenditures are targeted for the replacement of existing assets. Of the total estimated 2024 capital expenditures, approximately 68% is expected to be invested in the Rentals segment.

 

 

2

 

 

2024 Guidance

 

We expect the third quarter of 2024 revenue to come in at a range of $190 million to $215 million with Adjusted EBITDA in a range of $55 million to $70 million.

In regard to full year 2024 guidance, we expect revenue to come in at a range of $780 million to $840 million with Adjusted EBITDA in a range of $235 million to $265 million.

 

Conference Call Information

The Company’s management team will host a conference call on Friday, August 16, 2024, at 10:00 a.m. Eastern Time. The call will be available via live webcast in the “Events” section at ir.superiorenergy.com. To access via phone, participants can register for the call here, where they will be provided a phone number and access code. The call will be available for replay until August 16, 2025 on Superior’s website at ir.superiorenergy.com. If you are a shareholder and would like to submit a question, please email your question beforehand to Jamie Spexarth at ir@superiorenergy.com.

About Superior Energy Services

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. For more information, visit: www.superiorenergy.com.

 

 

3

 

 

Non-GAAP Financial Measures

To supplement Superior’s consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States (“GAAP”), the Company also uses Adjusted EBITDA and Adjusted EBITDA Margin. Management uses Adjusted EBITDA and Adjusted EBITDA Margin internally for financial and operational decision-making and as a means to evaluate period-to-period comparisons. The Company also believes these non-GAAP measures provide investors useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making. Non-GAAP financial measures are not recognized measures for financial statement presentation under U.S. GAAP and do not have standardized meanings and may not be comparable to similar measures presented by other public companies. Adjusted EBITDA and Adjusted EBITDA Margin should be considered as supplements to, and not as substitutes for, or superior to, the corresponding measures calculated in accordance with GAAP. We define Adjusted EBITDA as net income (loss) from continuing activities before net interest expense, income tax expense (benefit) and depreciation, amortization, accretion and depletion, restructuring and transaction expenses, adjusted for other gains and losses and other expenses, net, which management does not consider representative of our ongoing operations. We define Adjusted EBITDA Margin as Adjusted EBITDA by segment as a percentage of segment revenues. For a reconciliation of Adjusted EBITDA to net income, the most directly comparable GAAP financial measure, please see the tables under “―Superior Energy Services, Inc. and Subsidiaries Reconciliation of Adjusted EBITDA” included on pages 11 and 12 of this press release.

Free Cash Flow is defined as net cash from operating activities less payments for capital expenditures. Free Cash Flow is considered a non-GAAP financial measure under the SEC’s rules. Management believes, however, that Free Cash Flow is an important financial measure for use in evaluating the Company’s financial performance, as it measures our ability to generate additional cash from our business operations. Free Cash Flow should be considered in addition to, rather than as a substitute for, net income as a measure of our performance or net cash provided by operating activities as a measure of our liquidity. Additionally, our definition of Free Cash Flow is limited and does not represent residual cash flows available for discretionary expenditures due to the fact that the measure does not deduct the payments required for debt service and other obligations or payments made for business acquisitions. Therefore, we believe it is important to view Free Cash Flow as supplemental to our entire Statement of Cash Flows.

The Company is unable to provide a reconciliation of the forward-looking non-GAAP financial measure, Adjusted EBITDA, contained in this press release to its most directly comparable GAAP financial measure, net income, as the information necessary for a quantitative reconciliation of the forward-looking non-GAAP financial measure to its respective most directly comparable GAAP financial measure is not (and was not, when prepared) available to the Company without unreasonable efforts due to the inherent difficulty and impracticability of predicting certain amounts required by GAAP with a reasonable degree of accuracy. Net income includes the impact of depreciation, income taxes and certain other items that impact comparability between periods, which may be significant and are difficult to project with a reasonable degree of accuracy. In addition, we believe such reconciliation could imply a degree of precision that might be confusing or misleading to investors. The probable significance of providing this forward-looking non-GAAP financial measure without the directly comparable GAAP financial measure is that such GAAP financial measure may be materially different from the corresponding non-GAAP financial measure.

 

 

4

 

 

Forward-Looking Statements

This press release contains, and future oral or written statements or press releases by the Company and its management may contain, certain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Generally, the words “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks”, “will,” “could,” “may” and “estimates,” variations of such words and similar expressions identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements other than statements of historical fact regarding the Company’s financial position and results, financial performance, liquidity, strategic alternatives (including dispositions, acquisitions, and the timing thereof), market outlook, future capital needs, capital allocation plans, business strategies and other plans and objectives of our management for future operations and activities are forward-looking statements. These statements are based on certain assumptions and analyses made by the Company’s management in light of its experience and prevailing circumstances on the date such statements are made. Such forward-looking statements, and the assumptions on which they are based, are inherently speculative and are subject to a number of risks and uncertainties, including but not limited to conditions in the oil and gas industry, U.S. and global market and economic conditions generally and macroeconomic conditions worldwide, (including inflation, interest rates, supply chain disruptions and capital and credit markets conditions) that could cause the Company’s actual results to differ materially from such statements. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of the Company, which could cause actual results to differ materially from such statements.

While the Company believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in the Company’s Form 10-K for the year ended December 31, 2023 and subsequent reports on Form 10-Qs and those set forth from time to time in the Company’s other periodic filings with the Securities and Exchange Commission, which are available at www.superiorenergy.com. Except as required by law, the Company expressly disclaims any intention or obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

 

5

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

CONSOLIDATED STATEMENTS OF OPERATIONS

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

March 31,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

$

99,851

 

 

$

108,091

 

 

$

112,411

 

 

$

207,942

 

 

$

221,232

 

 Well Services

 

 

101,230

 

 

 

100,543

 

 

 

132,062

 

 

 

201,773

 

 

 

243,378

 

 Total revenues

 

 

201,081

 

 

 

208,634

 

 

 

244,473

 

 

 

409,715

 

 

 

464,610

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

 

36,596

 

 

 

37,766

 

 

 

35,021

 

 

 

74,362

 

 

 

71,489

 

 Well Services

 

 

71,672

 

 

 

68,873

 

 

 

85,733

 

 

 

140,545

 

 

 

166,986

 

 Total cost of revenues

 

 

108,268

 

 

 

106,639

 

 

 

120,754

 

 

 

214,907

 

 

 

238,475

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Depreciation, depletion, amortization and accretion

 

 

20,868

 

 

 

20,447

 

 

 

20,621

 

 

 

41,315

 

 

 

40,760

 

 General and administrative expenses

 

 

33,404

 

 

 

34,975

 

 

 

31,177

 

 

 

68,379

 

 

 

62,167

 

 Restructuring and transaction expenses

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,983

 

 Other (gains) and losses, net

 

 

(614

)

 

 

(1,082

)

 

 

47

 

 

 

(1,696

)

 

 

(1,351

)

 Income from operations

 

 

39,155

 

 

 

47,655

 

 

 

71,874

 

 

 

86,810

 

 

 

122,576

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Interest income, net

 

 

5,760

 

 

 

6,840

 

 

 

6,513

 

 

 

12,600

 

 

 

11,952

 

 Other expense

 

 

(2,082

)

 

 

(1,813

)

 

 

(1,836

)

 

 

(3,895

)

 

 

(3,988

)

 Income from continuing operations before income taxes

 

 

42,833

 

 

 

52,682

 

 

 

76,551

 

 

 

95,515

 

 

 

130,540

 

 Income tax expense

 

 

(13,370

)

 

 

(14,787

)

 

 

(9,147

)

 

 

(28,157

)

 

 

(33,212

)

 Net income from continuing operations

 

 

29,463

 

 

 

37,895

 

 

 

67,404

 

 

 

67,358

 

 

 

97,328

 

 Income (loss) from discontinued operations, net of income tax

 

 

1,896

 

 

 

-

 

 

 

(9

)

 

 

1,896

 

 

 

280

 

 Net income

 

$

31,359

 

 

$

37,895

 

 

$

67,395

 

 

$

69,254

 

 

$

97,608

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income per share - basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net income from continuing operations

 

$

1.46

 

 

$

1.88

 

 

$

3.35

 

 

$

3.34

 

 

$

4.84

 

 Income (loss) from discontinued operations, net of income tax

 

 

0.09

 

 

 

-

 

 

 

-

 

 

 

0.09

 

 

 

0.01

 

 Net income

 

$

1.55

 

 

$

1.88

 

 

$

3.35

 

 

$

3.43

 

 

$

4.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income per share - diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net income from continuing operations

 

$

1.46

 

 

$

1.88

 

 

$

3.35

 

 

$

3.34

 

 

$

4.83

 

 Income (loss) from discontinued operations, net of income tax

 

 

0.09

 

 

 

-

 

 

 

-

 

 

 

0.09

 

 

 

0.02

 

 Net income

 

$

1.55

 

 

$

1.88

 

 

$

3.35

 

 

$

3.43

 

 

$

4.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Weighted-average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Basic

 

 

20,172

 

 

 

20,162

 

 

 

20,126

 

 

 

20,167

 

 

 

20,116

 

 Diluted

 

 

20,183

 

 

 

20,180

 

 

 

20,143

 

 

 

20,181

 

 

 

20,136

 

 

6

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

CONSOLIDATED BALANCE SHEETS

 

(in thousands, unaudited)

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 ASSETS

 

 

 

 

 

 

 Current assets:

 

 

 

 

 

 

 Cash and cash equivalents

 

$

281,254

 

 

$

391,684

 

 Accounts receivable, net

 

 

219,488

 

 

 

276,868

 

 Inventory

 

 

66,267

 

 

 

74,995

 

 Income taxes receivable

 

 

12,776

 

 

 

10,542

 

 Prepaid expenses

 

 

25,716

 

 

 

18,614

 

 Other current assets

 

 

7,148

 

 

 

7,922

 

 Total current assets

 

 

612,649

 

 

 

780,625

 

 Property, plant and equipment, net

 

 

309,994

 

 

 

294,960

 

 Notes receivable

 

 

71,443

 

 

 

69,005

 

 Restricted cash

 

 

54,003

 

 

 

85,444

 

 Deferred tax assets

 

 

55,790

 

 

 

67,241

 

 Other assets, net

 

 

42,114

 

 

 

43,718

 

 Total assets

 

$

1,145,993

 

 

$

1,340,993

 

 

 

 

 

 

 

 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

 

 

 

 

 

 

 Current liabilities:

 

 

 

 

 

 

 Accounts payable

 

$

38,515

 

 

$

38,214

 

 Accrued expenses

 

 

93,786

 

 

 

103,782

 

 Income taxes payable

 

 

19,841

 

 

 

20,220

 

 Decommissioning liability

 

 

27,485

 

 

 

21,631

 

 Total current liabilities

 

 

179,627

 

 

 

183,847

 

 Decommissioning liability

 

 

147,284

 

 

 

148,652

 

 Other liabilities

 

 

39,790

 

 

 

47,583

 

 Total liabilities

 

 

366,701

 

 

 

380,082

 

 

 

 

 

 

 

 

 Total equity

 

 

779,292

 

 

 

960,911

 

 Total liabilities and equity

 

$

1,145,993

 

 

$

1,340,993

 

 

7

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

March 31,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Cash flows from operating activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net income

 

$

31,359

 

 

$

37,895

 

 

$

67,395

 

 

$

69,254

 

 

$

97,608

 

 Adjustments to reconcile net loss to net cash from operating activities:

 

 

 

 

 

 

 

 

-

 

 

 

 

 

 

 

 Depreciation, depletion, amortization and accretion

 

 

20,868

 

 

 

20,447

 

 

 

20,621

 

 

 

41,315

 

 

 

40,760

 

 Other non-cash items

 

 

4,205

 

 

 

3,235

 

 

 

8,392

 

 

 

7,440

 

 

 

22,791

 

 Washington State Tax Settlement

 

 

-

 

 

 

-

 

 

 

(27,068

)

 

 

-

 

 

 

(27,068

)

 Decommissioning costs

 

 

(143

)

 

 

(430

)

 

 

(2,878

)

 

 

(573

)

 

 

(2,878

)

 Changes in operating assets and liabilities:

 

 

17,487

 

 

 

27,747

 

 

 

(36,780

)

 

 

45,234

 

 

 

(28,278

)

 Net cash from operating activities

 

 

73,776

 

 

 

88,894

 

 

 

29,682

 

 

 

162,670

 

 

 

102,935

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Cash flows from investing activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Payments for capital expenditures

 

 

(34,744

)

 

 

(20,698

)

 

 

(27,540

)

 

 

(55,442

)

 

 

(45,626

)

 Proceeds from sales of assets

 

 

669

 

 

 

2,616

 

 

 

3,578

 

 

 

3,285

 

 

 

15,147

 

 Net cash from investing activities

 

 

(34,075

)

 

 

(18,082

)

 

 

(23,962

)

 

 

(52,157

)

 

 

(30,479

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Cash flows from financing activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Distributions to shareholders

 

 

-

 

 

 

(250,417

)

 

 

-

 

 

 

(250,417

)

 

 

-

 

 Repurchase of shares

 

 

-

 

 

 

(962

)

 

 

-

 

 

 

(962

)

 

 

-

 

 Other

 

 

-

 

 

 

(1,005

)

 

 

-

 

 

 

(1,005

)

 

 

(1,116

)

 Net cash from financing activities

 

 

-

 

 

 

(252,384

)

 

 

-

 

 

 

(252,384

)

 

 

(1,116

)

 Net change in cash, cash equivalents, and restricted cash

 

 

39,701

 

 

 

(181,572

)

 

 

5,720

 

 

 

(141,871

)

 

 

71,340

 

 Cash, cash equivalents and restricted cash at beginning of period

 

 

295,556

 

 

 

477,128

 

 

 

404,727

 

 

 

477,128

 

 

 

339,107

 

 Cash, cash equivalents, and restricted cash at end of period

 

$

335,257

 

 

$

295,556

 

 

$

410,447

 

 

$

335,257

 

 

$

410,447

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Reconciliation of Free Cash Flow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net cash from operating activities

 

$

73,776

 

 

$

88,894

 

 

$

29,682

 

 

$

162,670

 

 

$

102,935

 

 Payments for capital expenditures

 

 

(34,744

)

 

 

(20,698

)

 

 

(27,540

)

 

 

(55,442

)

 

 

(45,626

)

 Free Cash Flow

 

$

39,032

 

 

$

68,196

 

 

$

2,142

 

 

$

107,228

 

 

$

57,309

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Free Cash Flow is a Non-GAAP measure. See Non-GAAP Measures for our definition of Free Cash Flow.

 

 

8

 

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

REVENUE BY GEOGRAPHIC REGION BY SEGMENT

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

Mar 31,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 U.S. land

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

$

32,713

 

 

$

39,006

 

 

$

44,730

 

 

$

71,719

 

 

$

89,863

 

 Well Services

 

 

6,242

 

 

 

7,466

 

 

 

5,806

 

 

 

13,708

 

 

 

12,161

 

 Total U.S. land

 

 

38,955

 

 

 

46,472

 

 

 

50,536

 

 

 

85,427

 

 

 

102,024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 U.S. offshore

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

 

30,644

 

 

 

37,251

 

 

 

37,516

 

 

 

67,895

 

 

 

73,186

 

 Well Services

 

 

23,125

 

 

 

28,872

 

 

 

23,405

 

 

 

51,997

 

 

 

39,726

 

 Total U.S. offshore

 

 

53,769

 

 

 

66,123

 

 

 

60,921

 

 

 

119,892

 

 

 

112,912

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 International

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

 

36,494

 

 

 

31,834

 

 

 

30,165

 

 

 

68,328

 

 

 

58,183

 

 Well Services

 

 

71,863

 

 

 

64,205

 

 

 

102,851

 

 

 

136,068

 

 

 

191,491

 

 Total International

 

 

108,357

 

 

 

96,039

 

 

 

133,016

 

 

 

204,396

 

 

 

249,674

 

 Total Revenues

 

$

201,081

 

 

$

208,634

 

 

$

244,473

 

 

$

409,715

 

 

$

464,610

 

 

 

9

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

SEGMENT HIGHLIGHTS

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

Mar 31,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

$

99,851

 

 

$

108,091

 

 

$

112,411

 

 

$

207,942

 

 

$

221,232

 

 Well Services

 

 

101,230

 

 

 

100,543

 

 

 

132,062

 

 

 

201,773

 

 

 

243,378

 

 Total Revenues

 

$

201,081

 

 

$

208,634

 

 

$

244,473

 

 

$

409,715

 

 

$

464,610

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income (loss) from Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

$

44,061

 

 

$

51,211

 

 

$

58,106

 

 

$

95,272

 

 

$

111,120

 

 Well Services

 

 

10,686

 

 

 

13,392

 

 

 

27,425

 

 

 

24,078

 

 

 

40,279

 

 Corporate and other

 

 

(15,592

)

 

 

(16,948

)

 

 

(13,657

)

 

 

(32,540

)

 

 

(28,823

)

 Income from operations

 

$

39,155

 

 

$

47,655

 

 

$

71,874

 

 

$

86,810

 

 

$

122,576

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Adjusted EBITDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

$

56,023

 

 

$

63,021

 

 

$

70,659

 

 

$

119,044

 

 

$

135,841

 

 Well Services

 

 

19,078

 

 

 

21,523

 

 

 

34,629

 

 

 

40,601

 

 

 

54,560

 

 Corporate and other

 

 

(15,078

)

 

 

(16,442

)

 

 

(12,793

)

 

 

(31,520

)

 

 

(25,082

)

 Total Adjusted EBITDA

 

$

60,023

 

 

$

68,102

 

 

$

92,495

 

 

$

128,125

 

 

$

165,319

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Adjusted EBITDA Margin

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Rentals

 

 

56

%

 

 

58

%

 

 

63

%

 

 

57

%

 

 

61

%

 Well Services

 

 

19

%

 

 

21

%

 

 

26

%

 

 

20

%

 

 

22

%

 Corporate and other

 

n/a

 

 

n/a

 

 

n/a

 

 

n/a

 

 

n/a

 

 Total Adjusted EBITDA Margin

 

 

30

%

 

 

33

%

 

 

38

%

 

 

31

%

 

 

36

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Adjusted EBITDA is a Non-GAAP measure. See Non-GAAP Measures for our definition of Adjusted EBITDA and page 12 for a reconciliation to income (loss) from operations

 

 

 

10

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

RECONCILIATION OF ADJUSTED EBITDA

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

Mar 31,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net income from continuing operations

 

$

29,463

 

 

$

37,895

 

 

$

67,404

 

 

$

67,358

 

 

$

97,328

 

 Depreciation, depletion, amortization and accretion

 

 

20,868

 

 

 

20,447

 

 

 

20,621

 

 

 

41,315

 

 

 

40,760

 

 Interest income, net

 

 

(5,760

)

 

 

(6,840

)

 

 

(6,513

)

 

 

(12,600

)

 

 

(11,952

)

 Income tax expense

 

 

13,370

 

 

 

14,787

 

 

 

9,147

 

 

 

28,157

 

 

 

33,212

 

 Restructuring and transaction expenses

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,983

 

 Other losses, net

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 Other expense, net

 

 

2,082

 

 

 

1,813

 

 

 

1,836

 

 

 

3,895

 

 

 

3,988

 

 Adjusted EBITDA

 

$

60,023

 

 

$

68,102

 

 

$

92,495

 

 

$

128,125

 

 

$

165,319

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Adjusted EBITDA is a Non-GAAP measure. See Non-GAAP Measures for our definition of Adjusted EBITDA.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11

 

 

SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES

 

RECONCILIATION OF ADJUSTED EBITDA BY SEGMENT

 

(in thousands, unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

Mar 31,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 Rentals

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income from operations

 

$

44,061

 

 

$

51,211

 

 

$

58,106

 

 

$

95,272

 

 

$

111,120

 

 Depreciation, depletion, amortization and accretion

 

 

11,962

 

 

 

11,810

 

 

 

12,553

 

 

 

23,772

 

 

 

24,721

 

 Adjusted EBITDA

 

$

56,023

 

 

$

63,021

 

 

$

70,659

 

 

$

119,044

 

 

$

135,841

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Well Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income from operations

 

$

10,686

 

 

$

13,392

 

 

$

27,425

 

 

$

24,078

 

 

$

40,279

 

 Depreciation, depletion, amortization and accretion

 

 

8,392

 

 

 

8,131

 

 

 

7,204

 

 

 

16,523

 

 

 

14,281

 

 Adjusted EBITDA

 

$

19,078

 

 

$

21,523

 

 

$

34,629

 

 

$

40,601

 

 

$

54,560

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Corporate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Loss from operations

 

$

(15,592

)

 

$

(16,948

)

 

$

(13,657

)

 

$

(32,540

)

 

$

(28,823

)

 Depreciation, depletion, amortization and accretion

 

 

514

 

 

 

506

 

 

 

864

 

 

 

1,020

 

 

 

1,758

 

 Restructuring and transaction expenses

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,983

 

 Other adjustments

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 Adjusted EBITDA

 

$

(15,078

)

 

$

(16,442

)

 

$

(12,793

)

 

$

(31,520

)

 

$

(25,082

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income from operations

 

$

39,155

 

 

$

47,655

 

 

$

71,874

 

 

$

86,810

 

 

$

122,576

 

 Depreciation, depletion, amortization and accretion

 

 

20,868

 

 

 

20,447

 

 

 

20,621

 

 

 

41,315

 

 

 

40,760

 

 Restructuring and transaction expenses

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,983

 

 Other adjustments

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 Adjusted EBITDA

 

$

60,023

 

 

$

68,102

 

 

$

92,495

 

 

$

128,125

 

 

$

165,319

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Adjusted EBITDA is a Non-GAAP measure. See Non-GAAP Measures for our definition of Adjusted EBITDA.

 

 

12

 

 EX-99.2 3 spn-ex99_2.htm EX-99.2 EX-99.2

 

Exhibit 99.2

 

img149173909_0.jpg 

FOR FURTHER INFORMATION CONTACT:

Jamie Spexarth, Chief Financial Officer

1001 Louisiana St., Suite 2900

Houston, TX 77002

Investor Relations, ir@superiorenergy.com, (713) 654-2200

 

SUPERIOR ENERGY SERVICES ANNOUNCES
LEADERSHIP CHANGES

Houston, August 15, 2024 – Superior Energy Services, Inc. (the “Company”) today announced that Brian Moore is stepping down from his positions as President and Chief Executive Officer and as a member of the Board of Directors (the “Board”), each effective August 19, 2024.

 

The Board has appointed Dave Lesar as Chairman of the Board of Directors and Chief Executive Officer effective August 19, 2024. Mr. Lesar served as the Chairman of the Board and Chief Executive Officer of Halliburton Company for 17 years and was later promoted to serve as Executive Chairman until 2019. Mr. Lesar served as interim Chief Executive Officer of Health Care Service Corporation from July 2019 through June 1, 2020, and as a director from 2018 to July 2020. Mr. Lesar served as a director and the Chief Executive Officer of CenterPoint Energy, Inc. from 2020 until his retirement in January 2024.

 

In addition, the Board has appointed James Brown as President and Chief Operating Officer effective August 19, 2024. Mr. Brown served as the Western Hemisphere President at Halliburton Company for over 10 years, until his retirement in February 2019. Prior to joining Halliburton in 1995, Jim was a Vice President at the Western Company of North America and a Vice President of BJ Services.

 

Ian Foster, a member of the Company’s Board, thanked Brian for his dedication to Superior Energy over the last 12 years and said, “Brian’s leadership was instrumental in transforming the Company and creating value for shareholders. On behalf of the entire Board, we thank Brian for all of his efforts over the years and wish him and his family the best going forward.”

 

Said Mr. Lesar, “This is an exciting time to be returning to the energy services sector and Superior represents a unique platform to capitalize on both the opportunities as well as the challenges inherent in the sector. Jim and I look forward to working with the talented employees of Superior as we continue to strive to provide the best service possible to our customers.”

 

About Superior Energy Services

Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells. In addition to operations in North America, both on land and offshore, Superior Energy Services operates in approximately 47 countries internationally. For more information, visit: www.superiorenergy.com.

 

 

 

 

 

2

 

 

Forward-Looking Statements

This press release contains, and future oral or written statements or press releases by the Company and its management may contain, certain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Generally, the words “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks”, “will” and “estimates,” variations of such words and similar expressions identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements other than statements of historical fact regarding the Company’s financial position and results, financial performance, liquidity, strategic alternatives (including dispositions, acquisitions, and the timing thereof), market outlook, future capital needs, capital allocation plans, business strategies and other plans and objectives of our management for future operations and activities are forward-looking statements. These statements are based on certain assumptions and analyses made by the Company’s management in light of its experience and prevailing circumstances on the date such statements are made. Such forward-looking statements, and the assumptions on which they are based, are inherently speculative and are subject to a number of risks and uncertainties, including but not limited to conditions in the oil and gas industry, U.S. and global market and economic conditions generally and macroeconomic conditions worldwide, (including inflation, interest rates, supply chain disruptions and capital and credit markets conditions) that could cause the Company’s actual results to differ materially from such statements. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of the Company, which could cause actual results to differ materially from such statements.

While the Company believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in the Company’s Form 10-K for the year ended December 31, 2023 and Form 10-Q’s for the quarter ended June 30, 2024 and those set forth from time to time in the Company’s other periodic filings with the Securities and Exchange Commission, which are available at www.superiorenergy.com. Except as required by law, the Company expressly disclaims any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

3

 

 GRAPHIC 4 img148250388_0.jpg GRAPHIC begin 644 img148250388_0.jpg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�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img149173909_0.jpg GRAPHIC begin 644 img149173909_0.jpg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�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spn-20240814.xsd XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 100000 - Document - Document And Entity Information link:presentationLink link:calculationLink link:definitionLink Cover [Abstract] Amendment Flag City Area Code Document Period End Date Document Type Entity Address, Address Line One Entity Address, City or Town Entity Address, Postal Zip Code Entity Address, State or Province Entity Central Index Key Entity Emerging Growth Company Entity File Number Entity Incorporation, State or Country Code Entity Registrant Name Entity Tax Identification Number Local Phone Number No Trading Symbol Flag Pre-commencement Issuer Tender Offer Pre-commencement Tender Offer Title of 12(b) Security Security Exchange Name Soliciting Material Written Communications XML 8 R1.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Document And Entity Information
Aug. 14, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 14, 2024
Entity Registrant Name SUPERIOR ENERGY SERVICES, INC.
Entity Central Index Key 0000886835
Entity Emerging Growth Company false
Entity File Number 001-34037
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 87-4613576
Entity Address, Address Line One 1001 Louisiana Street, Suite 2900
Entity Address, City or Town Houston
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77002
City Area Code (713)
Local Phone Number 654-2200
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security None
No Trading Symbol Flag true
Security Exchange Name NONE
EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.24.2.u1 html 1 22 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document And Entity Information Sheet http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation Document And Entity Information Cover 1 false false All Reports Book All Reports spn-20240814.htm spn-20240814.xsd http://xbrl.sec.gov/dei/2024 false false JSON 16 MetaLinks.json IDEA: XBRL DOCUMENT { "version": "2.2", "instance": { "spn-20240814.htm": { "nsprefix": "spn", "nsuri": "http://superiorenergy.com/20240814", "dts": { "inline": { "local": [ "spn-20240814.htm" ] }, "schema": { "local": [ "spn-20240814.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd", "https://xbrl.fasb.org/srt/2024/elts/srt-roles-2024.xsd", "https://xbrl.fasb.org/srt/2024/elts/srt-types-2024.xsd", "https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd", "https://xbrl.fasb.org/us-gaap/2024/elts/us-roles-2024.xsd", "https://xbrl.fasb.org/us-gaap/2024/elts/us-types-2024.xsd", "https://xbrl.sec.gov/country/2024/country-2024.xsd", "https://xbrl.sec.gov/dei/2024/dei-2024.xsd", "https://xbrl.sec.gov/stpr/2024/stpr-2024.xsd" ] } }, "keyStandard": 22, "keyCustom": 0, "axisStandard": 0, "axisCustom": 0, "memberStandard": 0, "memberCustom": 0, "hidden": { "total": 3, "http://xbrl.sec.gov/dei/2024": 3 }, "contextCount": 1, "entityCount": 1, "segmentCount": 0, "elementCount": 23, "unitCount": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2024": 22 }, "report": { "R1": { "role": "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation", "longName": "100000 - Document - Document And Entity Information", "shortName": "Document And Entity Information", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "C_ec78b47c-c666-449f-8f80-ca1eb9f12492", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "p", "body", "html" ], "reportCount": 1, "baseRef": "spn-20240814.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "C_ec78b47c-c666-449f-8f80-ca1eb9f12492", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "p", "body", "html" ], "reportCount": 1, "baseRef": "spn-20240814.htm", "first": true, "unique": true } } }, "tag": { "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "AmendmentFlag", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "CityAreaCode", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentPeriodEndDate", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentType", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressAddressLine1", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressCityOrTown", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityCentralIndexKey", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r1" ] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r1" ] }, "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityFileNumber", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityRegistrantName", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r1" ] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r1" ] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "LocalPhoneNumber", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_NoTradingSymbolFlag": { "xbrltype": "trueItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "NoTradingSymbolFlag", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "No Trading Symbol Flag", "documentation": "Boolean flag that is true only for a security having no trading symbol." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r3" ] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "PreCommencementTenderOffer", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r5" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "Security12bTitle", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r0" ] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "SecurityExchangeName", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r2" ] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "SolicitingMaterial", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r4" ] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "WrittenCommunications", "presentation": [ "http://superiorenergy.com/20240814/taxonomy/role/DocumentDocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r6" ] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14a", "Subsection": "12" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" } } } ZIP 17 0000950170-24-097393-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000950170-24-097393-xbrl.zip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end XML 18 spn-20240814_htm.xml IDEA: XBRL DOCUMENT 0000886835 2024-08-14 2024-08-14 0000886835 false NONE 8-K 2024-08-14 SUPERIOR ENERGY SERVICES, INC. DE 001-34037 87-4613576 1001 Louisiana Street, Suite 2900 Houston TX 77002 (713) 654-2200 false false false false None true false