Superior Energy Services: Company Research Report

Company Overview

• Company Name: Superior Energy Services

• Mission of the Company: Superior Energy Services is committed to delivering reliable and specialized energy solutions that ensure safety, profitability, and ESG compliance for energy producers worldwide through a diverse portfolio of brands.

• Vision of the Company: Superior Energy Services is focused on leveraging financial discipline and strategic resource allocation to empower its brands in achieving market leadership, profitability, top-tier safety performance, and operational excellence.

• Key People in the Company:

• Dave Lesar - Chairman & Chief Executive Officer

• Jim Brown - President & Chief Operating Officer

• Kyle O’Neill - Chief Financial Officer

• Other key executives include Mike Delahoussaye, Bryan Ellis, Deidre Toups, Joanna Clark, Leianne Sanclemente, and Emily Arceneaux.

• Headquarters: 1001 Louisiana Street, Suite 2900, Houston, TX 77002

• Founded By: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• What the Company is Known For: Superior Energy Services provides industry expertise in drilling equipment rentals and specialized oilfield services to maximize value and profitability for its customers.

Products

• Rentals:

• Description: Superior offers a vast inventory of high-quality, specialized downhole equipment for rent, including premium tubulars, drill pipe, and bottom hole assemblies.

• Key Features: Rapid deployment, engineering design, and specialized downhole tools and accessories.

• Services:

• Description: Specialized drilling, production, completion, and decommissioning services, addressing operational, financial, and environmental challenges.

• Key Features: Risk management, hydraulic workover, snubbing, premium sand control tools, completion tools, plug and abandonment, coiled tubing, wireline services, production testing and optimization.

Recent Developments

• New Appointments:

• On January 31, 2025, Superior Energy Services announced the appointment of Kyle O’Neill as Chief Financial Officer.

• Stock Transactions:

• The company announced stock split ratios on January 29, 2025, to effectuate a going private transaction.

• SEC Reporting:

• On December 20, 2024, Superior Energy Services announced plans to voluntarily suspend its reporting obligations with the SEC.

• New Initiatives:

• Implementation of Target Zero Safety Management System since 2012, reinforcing health, safety, and environmental standards.

• Sustainability Commitments:

• Released the 2023 Sustainability Report showcasing ESG performance, stakeholder interest involvement, and strategic priorities for sustainable operations.

• Partnerships and Collaborations: No information is available.

Additional Information

• Core Values: The company’s Shared Core Values—Integrity, Respect, Safety, Fair Play, and Citizenship—were established in 2014 and guide the company’s strategic direction and day-to-day operations.

• Safety and Environmental Focus: The Target Zero Safety Management System underpins the company's commitment to robust health, safety, environment, and quality management practices across all operations.

This report provides a comprehensive overview of Superior Energy Services, focusing on its key business activities, expertise, and recent corporate developments that shape its market positioning.