Superior Energy Services, Inc. announced that it expects to declare and pay, in the later half of the first quarter of 2024, a one-time special dividend sourced from cash and cash equivalents on its balance sheet. The actual amount of any special dividend will be determined by the Company based on its financial results, cash requirements, future prospects, and other factors, and will be subject to the approval of the Company?s board of directors. Based on its preliminary estimates, the Company currently expects that, if declared, the special dividend would be between $150.0 million and $200.0 million.

However, there can be no assurance that such special dividend is declared or paid, or if it is declared or paid, the amount of such special dividend.