Superior Energy Services, Inc. (SPN) Financial Statements (2026 and earlier)

Company Profile

Business Address 1001 LOUISIANA STREET, SUITE 2900
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments281,254237,845391,684357,769330,129324,128
Cash and cash equivalent281,254237,845391,684357,769330,129324,128
Receivables232,264253,840287,410257,441254,020235,823
Inventory, net of allowances, customer advances and progress billings66,26769,09574,99587,01082,89772,324
Inventory66,26769,09574,99587,01082,89772,324
Prepaid expense25,71620,56218,61417,16719,29120,183
Disposal group, including discontinued operation    7531,3694,421
Other current assets7,1487,1947,9227,1856,1045,886
Total current assets:612,649588,536780,625727,325693,810662,765
Noncurrent Assets
Operating lease, right-of-use asset   15,972   
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization309,994308,280294,960291,144298,567294,094
Long-term investments and receivables71,44370,21469,00572,61171,58170,643
Accounts and financing receivable, after allowance for credit loss71,44370,21469,00572,61171,58170,643
Restricted cash and investments54,00357,71185,44480,94080,31880,599
Deferred income tax assets55,79061,13067,24168,18773,36281,652
Other noncurrent assets42,11442,30427,74642,82642,97843,050
Total noncurrent assets:533,344539,639560,368555,708566,806570,038
TOTAL ASSETS:1,145,9931,128,1751,340,9931,283,0331,260,6161,232,803
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities132,301138,380141,996145,039159,281156,811
Accounts payable38,51542,94938,21441,76058,86546,209
Accrued liabilities93,78695,431103,782103,279100,416110,602
Asset retirement obligation27,48521,63121,63125,33426,32919,361
Other undisclosed current liabilities19,84124,59620,22015,97214,77718,714
Total current liabilities:179,627184,607183,847186,345200,387194,886
Noncurrent Liabilities
Liabilities, other than long-term debt187,074196,041202,372181,464178,777224,884
Asset retirement obligations147,284150,733148,652136,233133,591143,278
Deferred income tax liabilities  4,5646,137  3,181
Other liabilities39,79040,74436,24545,23145,18678,425
Operating lease, liability   11,338   
Other undisclosed noncurrent liabilities   (6,137)   
Total noncurrent liabilities:187,074196,041196,235181,464178,777224,884
Total liabilities:366,701380,648380,082367,809379,164419,770
Equity
Equity, attributable to parent, including:779,292747,527960,911915,224881,452813,033
Common stock202202    
Additional paid in capital910,933910,527    
Retained earnings (accumulated deficit)(131,843)(163,202)49,3214,657(28,091)(95,486)
Other undisclosed equity, attributable to parent   911,590910,567909,543908,519
Total equity:779,292747,527960,911915,224881,452813,033
TOTAL LIABILITIES AND EQUITY:1,145,9931,128,1751,340,9931,283,0331,260,6161,232,803

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues201,081208,634244,425210,385244,473220,137
Cost of revenue
(Cost of Product and Service Sold)		(108,268)(106,639)(125,807)(109,845)(120,754)(117,721)
Gross profit: