Superior Well Services Inc. Company News

Recent Articles

Results 26 articles shown

Nabors Completes Tender Offer for Superior Well Services
Nabors announced that stockholders of Superior Well Services have tendered 28,457,901 shares of common stock, representing approximately 92.4% of Superior Well Services' outstanding common stock, in Nabors' tender offer for all such shares.
8:00 PM EST | September 08, 2010
Nabors, Superior Well Report Expiration of HSR Waiting Period
Nabors and Superior Well Services announced that the waiting period relating to Nabors' proposed acquisition of Superior Well Services has expired without a request for additional information from the Department of Justice or the FTC.
8:00 PM EST | August 31, 2010
Nabors to Acquire Superior Well in $900MM Deal
Nabors and Superior Well Services have entered into a definitive merger agreement whereby Nabors will acquire Superior Well Services.
8:00 PM EST | August 08, 2010
Superior Well Services Cites Boost in 4Q09 Activity Levels
Superior Well Services announced a net loss for the three months ended December 31, 2009 of $15.2 million, or a $0.58 loss per diluted share, compared to net income of $11.9 million, or $0.48 per diluted share, in the same period in 2008.
7:00 PM EST | March 08, 2010
Superior Well Services Reports on Amendment to Credit Agreement
Superior Well Services has entered into an amendment to the credit agreement evidencing its credit facility on December 18, 2009.
7:00 PM EST | December 23, 2009
Superior Well Services Welcomes New VP of Operations
Superior Well Services appointed Michael Seyman, 52, as Vice President of Operations. Mr. Seyman assumed the position effective December 21, 2009.
7:00 PM EST | December 22, 2009
Superior Well Services Wins Top Honors for WFR-3B Slickwater System
Superior Well Services has received top honors for its WFR-3B Slickwater System from World Oil magazine.
7:00 PM EST | November 10, 2009
Superior Well Services Posts Slight Increase in Revenue from 2Q
Superior Well Services' revenue in the third quarter of 2009 was $90.8 million, a 0.3% increase from the $90.5 million reported in the previous quarter and a 37.8% decrease from the $146.0 million reported in the third quarter of 2008.
8:00 PM EST | October 26, 2009
Superior Well Services Commences Public Offering of Common Stock
Superior Well Services has commenced a public offering of 6.0 million shares of common stock pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission.
8:00 PM EST | October 26, 2009
Superior Well Services Amends Credit Agreement
Superior Well Services has entered into an amendment to the credit agreement evidencing its credit facility
8:00 PM EST | September 24, 2009
Superior Well Services' 2Q Revenues Hit by Decrease in Drilling
"A decrease in North American drilling activity, coupled with increased price competition, has led to higher sales discounts across our operating regions negatively impacting our operating margins," said David Wallace, Chief Executive Officer.
8:00 PM EST | August 06, 2009
Marathon Selects Superior Well Services for Completion Process License
Superior Well Services and Marathon Oil have entered into a multi-year, non-exclusive license agreement for the EXCAPE Completion Process, a total system concept that can increase reserve potential by strategically targeting discrete pay intervals.
8:00 PM EST | July 27, 2009
Superior Well Services Closes Acquisition of Oilfield Service Assets
Superior Well Services has closed its previously announced acquisition of certain oilfield service assets from Diamondback Holdings, a privately-owned company.
7:00 PM EST | November 18, 2008
Superior Well Services Posts Strong 3Q Results
Superior Well Services has enerated record revenues of $146.0 million for the third quarter, an increase of 54.8% over the same quarter last year and a sequential increase of 21.9% over the second quarter of 2008.
7:00 PM EST | November 03, 2008
Superior Well Services Acquires Oilfield Service Assets from Diamondback
Superior Well Services has entered into a definitive asset purchase agreement to acquire certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company.
8:00 PM EST | September 14, 2008
Schlumberger CEO: International Oil Services Revenue to Grow 20% or More
Oilfield-services demand will grow internationally through 2009 and revenue will top 20% by that time, according to Schlumberger's Chief Executive.
8:00 PM EST | July 17, 2008
Superior Well Services Increases Revs for 10th Consecutive Year
Cost of revenue increased 52.2% to $252.5 million for the year ended December 31, 2007 as compared to $165.9 million for the year ended December 31, 2006.
8:00 PM EST | March 10, 2008
Superior Well Services Increases Q4 Revenue 26.3%
Superior Well Services reported that in the fourth quarter of 2007, revenues were $94.9 million, an increase of 26.3% compared to $75.1 million in the fourth quarter of 2006 and an increase of 0.7% compared to $94.3 million reported in Q3 2007.
8:00 PM EST | March 10, 2008
Superior Well Services Promotes Arnold to VP Post
Superior Well Services, Inc. has appointed Daniel Arnold, 48, as Vice President of Sales and Marketing. Arnold assumed the position effective May 1, 2007.
8:00 PM EST | May 02, 2007
Superior Well Services' Operating Income Jumps 124%
Superior Well Services, Inc. on Tuesday announced its 2006 results. Revenues, operating income, EBITDA, and net income all reached record levels.
7:00 PM EST | February 12, 2007
Superior Well Services Sells More Common Stock
Superior Well Services, Inc. on Wednesday announced the sale of an additional 690,000 shares of its common stock in connection with the exercise by the underwriters in its follow-on common stock offering of their option to purchase additional shares.
7:00 PM EST | December 12, 2006
Superior Completes Warrior Energy Acquisition
Superior Energy Services, Inc. said late Tuesday that it has completed its acquisition of Warrior Energy Services Corporation following approval by Warrior's stockholders at a special meeting of stockholders held earlier in the day.
7:00 PM EST | December 12, 2006
Superior Well Services Prices Follow-on Public Offering
Superior Well Services, Inc. on Thursday announced the pricing of its follow-on public offering of 4,600,000 shares of common stock at $25.50 per share.
7:00 PM EST | December 06, 2006
Superior Well Services Announces Equity Offering
Superior Well Services, Inc. plans to commence an underwritten public offering of 4,600,000 shares of common stock.
7:00 PM EST | November 27, 2006
Superior Well Services Acquires Patterson Wireline
Superior Well Services has purchased substantially all of the operating assets of Patterson Wireline, L.L.C. for approximately $8.7 million in cash.
8:00 PM EST | October 05, 2006
Superior Well Services Announces New Bank Term Facility
Superior Well Services, Inc. said that it had completed a new bank term facility ("Standby Term Facility"). The Standby Term Facility provides an additional $30 million of current availability that can be used to finance equipment purchases.
8:00 PM EST | August 20, 2006