UNITED STATES
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SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
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SCHEDULE 13G
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(Rule 13d-102)
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Information Statement Pursuant to Rules 13d-1 and 13d-2
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Under the Securities Exchange Act of 1934
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(Amendment No. )*
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Superior Energy Services, Inc. |
(Name of Issuer)
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Common Stock, $0.001 par value per share |
(Title of Class of Securities)
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868157108 |
(CUSIP Number)
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December 12, 2011 |
Date of Event Which Requires Filing of the Statement
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Cusip No. 868157108
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13G
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Page 2 of 10 Pages
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1.
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NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Citadel Advisors LLC
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE VOTING POWER
0
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6.
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SHARED VOTING POWER
4,556,381 shares
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7.
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SOLE DISPOSITIVE POWER
0
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8.
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SHARED DISPOSITIVE POWER
See Row 6 above.
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%1
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12.
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TYPE OF REPORTING PERSON
IA; OO; HC
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Cusip No. 868157108
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13G
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Page 3 of 10 Pages
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1.
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NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Citadel Holdings II LP
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
|
SOLE VOTING POWER
0
|
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6.
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SHARED VOTING POWER
4,556,381 shares
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||
7.
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SOLE DISPOSITIVE POWER
0
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8.
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SHARED DISPOSITIVE POWER
See Row 6 above.
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
|
||
10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
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12.
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TYPE OF REPORTING PERSON
PN; HC
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Cusip No. 868157108
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13G
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Page 4 of 10 Pages
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1.
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NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Citadel Investment Group II, L.L.C.
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
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||
3.
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SEC USE ONLY
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||
4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5.
|
SOLE VOTING POWER
0
|
|
6.
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SHARED VOTING POWER
4,630,460 shares
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||
7.
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SOLE DISPOSITIVE POWER
0
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||
8.
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SHARED DISPOSITIVE POWER
See Row 6 above.
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||
9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
|
||
10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
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||
11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.8%
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12.
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TYPE OF REPORTING PERSON
OO; HC
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Cusip No. 868157108
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13G
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Page 5 of 10 Pages
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1.
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NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kenneth Griffin
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
|
SOLE VOTING POWER
0
|
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6.
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SHARED VOTING POWER
4,630,460 shares
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||
7.
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SOLE DISPOSITIVE POWER
0
|
||
8.
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SHARED DISPOSITIVE POWER
See Row 6 above.
|
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
|
||
10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
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||
11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.8%
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12.
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TYPE OF REPORTING PERSON
IN; HC
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Cusip No. 868157108
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13G
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Page 6 of 10 Pages
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Item 1(a)
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Name of Issuer
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Superior Energy Services, Inc.
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Item 1(b)
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Address of Issuer’s Principal Executive Offices
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601 Poydras, Suite 2400, New Orleans, Louisiana 70130
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Item 2(a)
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Name of Person Filing
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This Schedule 13G is being jointly filed by Citadel Advisors LLC (“Citadel Advisors”), Citadel Holdings II LP (“CH-II”), Citadel Investment Group II, L.L.C. (“CIG-II”) and Mr. Kenneth Griffin (collectively with Citadel Advisors, CH-II and CIG-II, the “Reporting Persons”) with respect to shares of Common Stock, $0.001 par value per share, of the above-named issuer (and/or options to purchase such shares) owned by Surveyor Capital Ltd., a Cayman Islands limited company (“SC”), Citadel Derivatives Trading Ltd., a Cayman Islands limited company (“CDT”), Citadel Global Equities Master Fund Ltd., a Cayman Islands limited company (“CG”), PioneerPath Capital Ltd., a Cayman Islands limited company (“PPC”), Citadel Equity Fund Ltd., a Cayman Islands limited company (“CEF”), Citadel Global Equities Alpha Select Master Fund Ltd., a Cayman Islands limited company (“CG-Alpha”), certain segregated accounts and Citadel Securities LLC, a Delaware limited liability company (“Citadel Securities”).
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Citadel Advisors is the portfolio manager for SC, CDT, CG, PPC, CEF and CG-Alpha and the investment manager for certain segregated accounts. CH-II is the managing member of Citadel Advisors. Citadel Holdings I LP, a Delaware limited partnership (“CH-I”), is the non-member manager of Citadel Securities. CIG-II is the general partner of CH-I and CH-II. Mr. Griffin is the President and Chief Executive Officer of, and owns a controlling interest in, CIG-II.
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The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any).
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Item 2(b)
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Address of Principal Business Office
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The address of the principal business office of each of the Reporting Persons is c/o Citadel LLC, 131 S. Dearborn Street, 32nd Floor, Chicago, Illinois 60603.
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Item 2(c)
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Citizenship
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Each of Citadel Advisors and CIG-II is organized as a limited liability company under the laws of the State of Delaware. CH-II is organized as a limited partnership under the laws of the State of Delaware. Mr. Griffin is a U.S. citizen.
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Item 2(d)
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Title of Class of Securities
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Common Stock, $0.001 par value per share
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Item 2(e)
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CUSIP Number
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868157108
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Cusip No. 868157108
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13G
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Page 7 of 10 Pages
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Item 3
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If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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(a)
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o
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Broker or dealer registered under Section 15 of the Exchange Act;
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(b)
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o
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Bank as defined in Section 3(a)(6) of the Exchange Act;
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(c)
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o
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Insurance company as defined in Section 3(a)(19) of the Exchange Act;
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(d)
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o
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Investment company registered under Section 8 of the Investment Company Act;
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(e)
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o
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f)
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o
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g)
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o
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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o
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
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(i)
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o
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A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
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(j)
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o
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Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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Item 4
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Ownership
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(a)
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Citadel Advisors may be deemed to beneficially own 4,556,381 shares of Common Stock.
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(b)
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The number of shares Citadel Advisors may be deemed to beneficially own constitutes approximately 5.7% of the Common Stock outstanding.
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(i)
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sole power to vote or to direct the vote: 0
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(ii)
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shared power to vote or to direct the vote: 4,556,381
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(iii)
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sole power to dispose or to direct the disposition of: 0
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(iv)
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shared power to dispose or to direct the disposition of: 4,556,381
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Cusip No. 868157108
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13G
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Page 8 of 10 Pages
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(a)
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CH-II may be deemed to beneficially own 4,556,381 shares of Common Stock.
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(b)
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The number of shares CH-II may be deemed to beneficially own constitutes approximately 5.7% of the Common Stock outstanding.
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(i)
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sole power to vote or to direct the vote: 0
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(ii)
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shared power to vote or to direct the vote: 4,556,381
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(iii)
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sole power to dispose or to direct the disposition of: 0
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(iv)
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shared power to dispose or to direct the disposition of: 4,556,381
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(a)
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CIG-II may be deemed to beneficially own 4,630,460 shares of Common Stock.
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(b)
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The number of shares CIG-II may be deemed to beneficially own constitutes approximately 5.8% of the Common Stock outstanding.
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(i)
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sole power to vote or to direct the vote: 0
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(ii)
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shared power to vote or to direct the vote: 4,630,460
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(iii)
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sole power to dispose or to direct the disposition of: 0
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(iv)
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shared power to dispose or to direct the disposition of: 4,630,460
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(a)
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Mr. Griffin may be deemed to beneficially own 4,630,460 shares of Common Stock.
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(b)
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The number of shares Mr. Griffin may be deemed to beneficially own constitutes approximately 5.8% of the Common Stock outstanding.
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(i)
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sole power to vote or to direct the vote: 0
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(ii)
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shared power to vote or to direct the vote: 4,630,460
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(iii)
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sole power to dispose or to direct the disposition of: 0
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(iv)
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shared power to dispose or to direct the disposition of: 4,630,460
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Cusip No. 868157108
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13G
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Page 9 of 10 Pages
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Item 5
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Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following o.
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Item 6
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Ownership of More than Five Percent on Behalf of Another Person
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Not Applicable
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Item 7
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Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company
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See Item 2 above
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Item 8
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Identification and Classification of Members of the Group
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Not Applicable
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Item 9
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Notice of Dissolution of Group
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Not Applicable
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Item 10
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Certification
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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Cusip No. 868157108
|
13G
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Page 10 of 10 Pages
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CITADEL ADVISORS LLC | CITADEL HOLDINGS II LP | ||||
By: | Citadel Holdings II LP, | By: | Citadel Investment Group II, L.L.C., | ||
its Managing Member | its General Partner | ||||
By: | Citadel Investment Group II, L.L.C., | By: | /s/ John C. Nagel | ||
its General Partner | John C. Nagel, Authorized Signatory | ||||
By: | /s/ John C. Nagel | ||||
John C. Nagel, Authorized Signatory | |||||
CITADEL INVESTMENT GROUP II, L.L.C. | KENNETH GRIFFIN | ||||
By: | /s/ John C. Nagel | By: | /s/ John C. Nagel | ||
John C. Nagel, Authorized Signatory | John C. Nagel, attorney-in-fact* |
*
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John C. Nagel is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission on February 24, 2006, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Limited Partnership on Schedule 13G for Morgans Hotel Group Co.
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