Superior Energy Services, Inc. Overview
Pro stress-test →Superior Energy Services is an American oil services company that operates as a holding company for a portfolio of oilfield equipment rentals and well oil and gas services brands. Founded in 1989 and headquartered in Houston, Texas, the company operates through multiple subsidiaries including Workstrings, Stabil Drill, HB Rentals, Superior Completion Services, Wild Well Controls, and International Snubbing Services.
Strategic Profile
Pro stress-test →The company's majority beneficial owners as of 2022 were GoldenTree Asset Management LP and Monarch GP LLC. The company was restructured and delisted from the stock exchange in 2021, transitioning from public to private ownership. The company serves the exploration, development, and production segments of the oil and gas industry through diversified service offerings.
Competitive Landscape
Pro stress-test →Superior Energy operates through segments including Drilling Products and Services (providing downhole drilling tools and surface rentals), Onshore Completion and Workover Services, Production Services, and Technical Solutions. The company competes against larger integrated oilfield services providers and specialized contractors in North America and internationally.
Industry Context
Superior Energy Services, Inc. operates in Oilfield Services & Equipment.
Key facts
Founded: 1989 · Headquarters: Houston, Texas, US