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For the six months ended 30 June 2020, Superior Energy Services, Inc. revenues decreased 31% to $505.4M. Net loss before extraordinary items increased 79% to $91.2M. Revenues reflect Production Services segment decrease of 20% to $82.4M. Higher net loss reflects Technical solution segment loss totaling $25.4M vs. income of $7.6M, Production Services segment loss totaling $15.1M vs. income of $5.1M.
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Revenue | 183.85 | 321.5 | 96.16 | 425.72 |
Gross Profit | 55.05 | 109.81 | 91.88 | 131.51 |
Operating Income | -41.44 | -13.22 | 84.6 | -8.22 |
Net Income | -65.11 | -79.46 | -98.53 | -38.44 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Assets | 1734.44 | 1830.89 | 1993.23 | 2123.75 |
Total Liabilities | 1829.57 | 1863 | 1943.66 | 1980.66 |
Total Equity | -95.13 | -32.11 | 49.57 | 143.09 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.57 | -32.24 | 146.43 | 116.5 |
Cash From Investing Activities | 8.93 | 14.48 | -30.46 | -14.7 |
Cash From Financing Activities | -0.21 | -0.21 | -5.29 | -1.06 |
Net Change in Cash | 5.79 | -20.39 | 111.64 | 98.89 |
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