Superior Releases Lackluster 4Q Results Overall, But Pressure Pumping Showing Signs of Improvement
While we had thought Superior might be able to achieve nearly break-even adjusted operating profit in the fourth quarter, its adjusted operating margins improved only modestly to negative 7% in the fourth quarter from negative 9% in the third. Beneath this headline disappointment, however, Superior made some key operational progress in the quarter. For now, our fair value estimate and no-moat rating remain unchanged.Superior made substantial improvement in its onshore completion segment, which ...
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.