Superior Energy Services reports Q3 net income decline, U.S. land & offshore revenues down 8%, international revenue up 3% in 2024.

Superior Energy Services reported a third-quarter net income of $21.9 million and revenue of $197.3 million for 2024, marking declines from the previous quarter. U.S. land and offshore revenues both fell by 8% due to decreased activity in key product lines. Conversely, international revenue rose by 3%. The company's adjusted EBITDA decreased to $57.8 million, and it maintained $380.6 million in cash with no outstanding debt.

October 30, 2024
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