Story with SPN is big debt but before oil took a big dump They were Very profitable and had 6B$ valuation. Now here we are with oil Down the Drain debt maturity dates are big burden. But They have ~270M cash on hand and have a merger coming up in Which They delayed maturity dates and can enter ’more profitable Fields within the oil sector’
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.