Hot Stock to Watch: Superior Energy Services, Inc. (SPN)

Covering equity analysts are expecting Basic Energy Services, Inc. (NYSE:BAS) as well as the latest stock picks before the Street? The institutional investor acquired 213,403 shares of the oil and gas company's stock, valued at approximately $7,119,000. On average, analysts predict that Superior Energy Services, Inc. will post ($1.73) EPS for the current fiscal year. Past 5 years growth of Superior Energy Services (NYSE:SPN) observed at -14.83%, looking forward for the next 5 years it has a strong prediction of -29% over growth. The Md Sass Investors Services Inc holds 806,170 shares with $30.76 million value, down from 1.42 million last quarter.

Analysts await Superior Energy Services, Inc. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Superior Energy Services during the fourth quarter valued at $199,000.

Superior Energy Services (NYSE:SPN)'s trailing twelve month revenues are $1.44 Billion, whereas its price to sales ratio for the same period is 1.14. (NYSE:BAS) rating on Wednesday, February 3. The company's stock had a trading volume of 46,360 shares. The company's past year sales total was 356.27 Million. Utah Retirement Systems boosted its stake in Superior Energy Services by 0.4% in the first quarter.

The stock's 50 day moving average is 22.61 and its 200 day moving average is 25.21. (NYSE:BAS) to report earnings on July, 20. The company reported EPS of $-0.59, above the consensus estimate calling for EPS of $-0.61 - a negative surprise of -3.14%. The firm had revenue of $400.94 million for the quarter, compared to the consensus estimate of $388.26 million. Equities analysts forecast that Superior Energy Services will post ($1.73) earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This story was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & worldwide copyright & trademark laws. The company rocked its 52-Week High of $19.83 and touched its 52-Week Low of $10.45.

10/15/2015 - Key Energy Services, Inc. had its "market perform" rating reiterated by analysts at Cowen. The firm earned "Neutral" rating on Wednesday, October 14 by Robert W. Baird.

02/23/2016 - Key Energy Services, Inc. was downgraded to "hold" by analysts at Johnson Rice. They issued a "hold" rating on the stock. Finally, Deutsche Bank AG reaffirmed a "hold" rating on shares of Basic Energy Services in a report on Wednesday, March 29th.

Stock of California Resources Corporation (NYSE:CRC) now have an ABR of 3.00.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Endurance Wealth Management Inc. now owns 11,026 shares of the oil and gas company's stock valued at $158,000 after buying an additional 112 shares in the last quarter. Similarly, investors look up the share price over 12 month periods. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.91% of the company's stock.

Basic Energy Services, Inc provides a range of well site services in the United States to oil and natural gas drilling and producing companies, including completion and remedial services, fluid services, well servicing and contract drilling. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and worldwide.

  • Zachary Reyes