Morgan Stanley Ole Slorer said shares of Superior Energy have unperformed peers over the past 6 months due to the Q3 miss and weak Q4 expectations. The analyst believes Superior's US shale-levered businesses will drive a 1H 2017 beat as expectations are too low. Slorer expects US onshore activity to increase to approximately 70% of revenues year-over-year in 2017 versus approximately 50% in 2016 and incremental pricing could cause onshore revenues to nearly double. Slorer rates shares an Overweight with a $30 price target and recommends buying shares.