Superior and RPC's Strong Quarterly Results Meet Expectations Set By Rising U.S. Shale Activity
Both RPC and Superior posted strong sequential second-quarter results, on the back of swiftly recovering U.S. shale activity levels. So far, however, the results have been largely in line with our expectations, and so for now, our fair values remain unchanged.Nothing in either RPC or Superior’s second-quarter results for pressure pumping indicated that the outlook we presented in our recently published Energy Observer on pressure pumping is in need of revision. While pricing is certainly recove...
Superior Energy Services provide services and products to the energy industry. The company serves national and independent oil and natural gas exploration and production companies around the world. The company reports its operating results in four business segments: Drilling Products and Services, which include downhole drilling tools and surface rentals; Onshore Completion and Workover Services, which include pressure pumping, fluid management and workover services; Production Services, which include intervention services used to maintain and extend oil and gas production; and Technical Solutions, which include include completion tools and services, well control services and subsea well intervention.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.