The oil industry is a relatively defensive sector so it is always exciting to find an oil company or oil services company trading below the value of its assets and offering value.
Superior Energy sales and market capitalization
Superior Energy Services, Inc. (NYSE:SPN) produces and offers drilling equipment and production-related solutions to energy companies around the world. The company has a market capitalization of just under $4 billion, with sales totaling $4.5 billion during 2012. Daily volume averages around 1.7 million.
According to its own presentation, Superior Energy Services, Inc. (NYSE:SPN) is the world's third-largest provider of drilling products and services, and the world's fourth-largest onshore well...
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