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SPNX News and Press, Superior Energy Services Inc. From 11/09/21

Stock Information

Company Name: Superior Energy Services Inc.
Stock Symbol: SPNX
Market: OTC
Website: superiorenergy.com

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SPNX - Superior Energy Services, Inc. (SPNX) Management on Q2 2021 Results - Earnings Call Transcript

Superior Energy Services, Inc. (SPNX) Q2 2021 Results Conference Call November 09, 2021 10:00 AM ET Company Participants Wendell York - Vice President of Investor Relations, Corporate Development and Treasury Michael McGovern - Executive Chairman and Principal Executive Officer James Spexarth...

SPNX - Superior Energy reports Q2 results

Superior Energy (OTCPK:SPNX): Q2 Non-GAAP EPS of -$2.94; GAAP EPS of -$1.58. Revenue of $165.9M (+9.4% Y/Y) Press Release For further details see: Superior Energy reports Q2 results

SPNX - Select Energy to buy Superior Energy's water unit in cash and stock deal

dgdimension/iStock via Getty Images Select Energy Services (WTTR) agrees to acquire Superior Energy Services' (SPNX) water solutions subsidiary for $14.2M in cash and 3.6M common shares. Select says the acquisition will expand its water-related services and infrastructure footprint across Okl...

SPNX - Superior Energy CEO David Dunlap, CFO Westy Ballard resign

Superior Energy Services (SPNX)  announces the resignations of David Dunlap, president and CEO and a member of its board of directors, and Westy Ballard, EVP, CFO and treasurer to pursue other opportunities.Michael Y. McGovern, the chairman of the Company's board of directors, has been a...

SPNX - Superior Energy Successfully Completes Financial Restructuring and Emerges From Chapter 11

Superior Energy Services (“Superior” or the “Company”) announced today that the Company has successfully completed its financial restructuring and emerged from Chapter 11, implementing the Plan of Reorganization that was confirmed by the U.S. Bankruptcy Court...

SPNX - Superior Energy Announces Bankruptcy Court Confirmation of Its Plan of Reorganization; $1.3 Billion in Debt to Be Converted Into Equity

Superior Energy Services (OTCQX: SPNX) (“Superior” or the “Company”) announced today that the U.S. Bankruptcy Court for the Southern District of Texas confirmed its Plan of Reorganization, whereby the Company’s $1.3 billion in debt would be converted i...

SPNX - Superior Energy files pre-packaged Chapter 11

Superior Energy (SPNX) says it has filed a pre-packaged Chapter 11 bankruptcy to advance its previously announced restructuring, with the support of ~85% of its $1.3B of senior unsecured notes.Subject to court approval, the noteholders would receive 100% of the equity to be issued and outstan...

SPNX - Superior Energy Advances Comprehensive Restructuring Plan as Anticipated With Voluntary Filing of Chapter 11

Furthers Financial Recapitalization Process to Convert Company’s $1.3 billion Funded Debt into Equity Files “Pre-Packaged” Chapter 11 to Implement Amended and Restated Restructuring Support Agreement with Holders of approximately 85% of Company’s Senior...

SPNX - Superior Energy Services files for Chapter 11

Superior Energy Services (SPNX) files for Chapter 11 bankruptcy with a plan to convert all $1.3B of its funded debt into equity.The company entered into a restructuring support agreement with a group of senior noteholders that collectively hold or control 69.2% of its senior unsecured notes.S...

SPNX - Superior Energy Reaches Agreement With Holders of 69.2% of Senior Notes on Terms of Comprehensive Financial Recapitalization to Convert All of the Company's $1.3 Billion of Funded Indebtedness Into Equity

Financial Recapitalization Expected to be Implemented through “Pre-Packaged” Chapter 11 Process and Will Convert All $1.3 Billion of Company’s Funded Debt into Equity Superior Will Continue to Conduct Business As Usual With Customers, Vendors and Employees ...

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