Oil States International

Oil States International, Inc. engages in the provision of manufactured products and services used in the drilling, completion, subsea, production and infrastructure sectors of the oil and natural gas industry, as well as in the industrial and military sectors. It operates through the following segments: Well Site Services, Downhole Technologies and Offshore or Manufactured Products. The Well Site Services segment includes a broad range of equipment and services that are used to drill for, establish and maintain the flow of oil and natural gas from a well throughout its life cycle. The Downhole Technologies segment provides oil and gas perforation systems and downhole tools in support of completion, intervention, wireline and abandonment operations. It also designs, manufactures and markets its consumable engineered products to oilfield service as well as exploration and production companies. The Offshore or Manufactured Products segment designs, manufactures, and markets capital equipment utilized on floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels, along with short-cycle and other products. The company was founded in July 1995 and is headquartered in Houston, TX.

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Oil States International (OIS) reports solid Q4 performance and strategic outlook

Oil States International (OIS) delivered a solid performance in Q4 2022, demonstrating financial stability, operational efficiency, and a focus on enhancing shareholder value.
While facing challenges in the Downhole Technology segment, the company showcased strengths in innovation, financial management, and commitment to shareholder returns.
By balancing share repurchases with smart investments and remaining open to opportunities, Oil States International (OIS) is well-positioned to navigate challenges and capitalize on growth prospects.
With a strategic approach to capital allocation and upcoming Investor Conferences, the company aims to sustain its positive momentum and drive long-term value for stakeholders.

Oil States International posts robust Q1 results amidst market challenges

Oil States International delivered strong Q1 2023 results across segments, showcasing operational resilience and financial stability.
While facing challenges in stock price reaction and free cash flow, the company's focus on innovation and safety sets a positive trajectory.
Analyst inquiries highlighted areas for improvement and growth, signaling a proactive approach to addressing market concerns.
Strategic guidance and market outlook discussions position Oil States International for continued success and market leadership.

Oil States International reports mixed Q2 results amid market recovery

Oil States International navigated mixed performance in Q2 2023, with revenue and EBITDA growth year-over-year but sequential declines due to operational challenges.
The company's focus on offshore and international drilling recovery, operational optimization, and global expansion underscores strategic resilience and adaptability.
Despite segment-specific challenges, Oil States International's strong cash flow, backlog growth, and market outlook signal potential for sustained growth and profitability.

Oil States International reports resilient Q3 performance and eyes growth opportunities

Oil States International's Q3 performance reflects resilience amid market challenges, with a strong focus on innovation and growth opportunities. Despite segment-specific challenges, the company remains optimistic about future profitability and market outlook.

Oil States International posts positive Q4 results amidst market challenges

Oil States International delivered a solid performance in Q4 2023, marked by revenue growth, positive income, and strategic initiatives.
While facing challenges such as U.S. land-based activity decline, the company remains focused on innovation and profitability.
With opportunities in international markets and new technologies, OIS is poised for revenue and earnings growth in 2024.

Oil States International (OIS) reports Q1 2024 earnings, focuses on growth strategies

Oil States International (OIS) navigated Q1 2024 with a focus on cost management, technology differentiation, and addressing challenges in specific business segments. The company aims to drive growth through strategic investments, market opportunities, and retaining key talent amidst challenging market conditions.

Oil States International posts strong Q2 results amid market opportunities

Oil States International delivered robust Q2 2024 results with notable revenue and EBITDA growth across key segments, underpinned by disciplined capital allocation strategies and a favorable market outlook.
While facing challenges in certain market segments, the company remains well-positioned to leverage opportunities in offshore field development, natural gas, and LNG demand.
By maintaining financial stability, focusing on growth initiatives, and adapting to market dynamics, Oil States International aims to drive sustainable value creation for shareholders amidst industry complexities.

Oil States International reports resilient Q3 performance amidst market challenges

Oil States International (OIS) demonstrated strong performance in the Offshore/Manufactured Products segment but faced challenges in other segments, mitigated by effective cash flow management and debt reduction.
Strategic collaborations and increased share repurchase authorization indicate a proactive approach to growth and enhancing shareholder value amidst market uncertainties.
With a focus on innovation and diversification into emerging energy sectors, Oil States International (OIS) is poised to navigate challenges, capitalize on opportunities, and drive long-term value creation.

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HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS):   Three Months Ended   % Change (Unaudited, In Thousands, Except Per Share Amounts) December 31, 2023   September 30, 2023   December 31, 2022   Sequential   Year-over- Year Consolidated results:                       Revenues $ 208,266     $ 194,289     $ 202,434     7 %   3 % Operating income(2)(3) $ 7,830     $ 6,190     $ 3,273     26 %   139 % Net income $ 5,963     $ 4,212     $ 2,885     42 %   107 % Diluted earning pe.

Oil States Announces Fourth Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its fourth quarter 2023 earnings conference call for Tuesday, February 20, 2024 at 10:00 a.m. Central Time. During the call, Oil States will discuss the results for the quarter ended December 31, 2023, which are expected to be released on Tuesday, February 20, 2024, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.com. Pa.

Oil States Announces Fourth Quarter 2023 Earnings Conference Call

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Oil States International is transitioning to subsea minerals, renewable, and clean tech energy systems. The company's operating margin improved in Q3 and it has a strong backlog in the Offshore/Manufactured Products segment. OIS's stock is undervalued compared to its peers and has the potential for significant returns.

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Lower equipment demand and significant debt exposures are matters of concern, making the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. Oil States International, (OIS), Matrix Service (MTRX) and Profire Energy (PFIE) are trying to survive industry challenges.

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Oil States International Inc. (NYSE:OIS ) Q3 2023 Earnings Conference Call October 27, 2023 12:00 PM ET Company Participants Ellen Pennington - Counsel and Assistant Corporate Secretary Cindy Taylor - President, CEO and Executive Director Lloyd Hajdik - Executive VP, CFO and Treasurer Conference Call Participants Stephen Gengaro - Stifel Jim Rollyson - Raymond James Luke Lemoine - Piper Sandler John Daniel - Daniel Energy Partners Operator Good day, everyone, and welcome to the Oil States Third Quarter 2023 Earnings Call. Today's call is being recorded.

Oil States International Inc. (OIS) Q3 2023 Earnings Call Transcript

Oil States International (OIS) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.04 per share a year ago.

Oil States International (OIS) Tops Q3 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS):   Three Months Ended   % Change (Unaudited, In Thousands, Except Per Share Amounts) September 30, 2023   June 30, 2023   September 30, 2022   Sequential   Year-over- Year Consolidated results:                   Revenues $ 194,289     $ 183,529     $ 189,394     6 %   3 % Operating income(2) $ 6,190     $ 3,269     $ 5,058     89 %   22 % Net income $ 4,212     $ 558     $ 2,143     655 %   97 % Diluted earning per share $ 0.0.

Oil States Announces Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has rescheduled its third quarter 2023 earnings conference call. The call will now be held on Friday, October 27, 2023 at 11 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended September 30, 2023, which are expected to be released on Friday, October 27, 2023, before the markets open. This call is being webcast and can be accessed at Oil States' website a.

Oil States Announces Rescheduled Third Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its third quarter 2023 earnings conference call for Friday, October 27, 2023 at 10 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended September 30, 2023, which are expected to be released on Friday, October 27, 2023, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.com.

Oil States Announces Third Quarter 2023 Earnings Conference Call

Oil States International (OIS) is known for its vast experience in designing and manufacturing advanced connection systems for deepwater offshore applications.

Oil States (OIS) Wins Contract for Proprietary Deepsea System

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS), a global provider of manufactured products and services for the energy, industrial and military sectors, today announced its receipt of a notable contract for its award-winning Merlin™ Deepsea Mineral Riser system. The system will be deployed to harvest critical seabed minerals such as cobalt, manganese, nickel and rare earth elements which are key components in batteries for electric vehicles, solar cells, wind turbines, com.

Oil States Announces Contract Award for Merlin™ Deepsea Mineral Riser System

Oil States posted disappointing earnings, attributing it to execution issues and one-time events. The company's backlog has increased and the macro backdrop remains favorable, especially offshore. I will look to Q3 for an update, but in the meantime, I think Oil States is no longer a strong buy.

Oil States International: The Macro Backdrop Is Strong But Q2 Execution Was Poor

Oil States International (OIS) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.08 per share a year ago.

Oil States International (OIS) Q2 Earnings and Revenues Miss Estimates

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS):   Three Months Ended   % Change (Unaudited, In Thousands, Except Per Share Amounts) June 30, 2023   March 31, 2023   June 30, 2022   Sequential   Year-over-Year Consolidated results:                   Revenues $ 183,529     $ 196,199     $ 181,834     (6 )%   1% Operating income (loss) $ 3,269     $ 5,875     $ (1,090 )   (44 )%   nm Net income (loss) $ 558     $ 2,158     $ (5,144 )   (74 )%   nm Diluted earning per share $.

Oil States Announces Second Quarter 2023 Results

Oil States International (OIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Oil States International (OIS) Reports Next Week: Wall Street Expects Earnings Growth

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its second quarter 2023 earnings conference call for Thursday, July 27, 2023 at 10 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended June 30, 2023, which are expected to be released on Thursday, July 27, 2023, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.com. Partic.

Oil States Announces Second Quarter 2023 Earnings Conference Call

Oil States International, Inc. (NYSE:OIS ) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET Company Participants Ellen Pennington - Counsel and Assistant Corporate Secretary Cindy Taylor - President and CEO Lloyd Hajdik - Executive Vice President and CFO Conference Call Participants Stephen Gengaro - Stifel Luke Lemoine - Piper Sandler Kurt Hallead - The Benchmark Company John Daniel - Daniel Energy Partners Doug Becker - Capital One Operator Welcome to the Oil States International Incorporated's First Quarter 2023 Earnings Call. My name is Brent, and I will be your operator for today's call.

Oil States International, Inc. (OIS) Q1 2023 Earnings Call Transcript

Oil States International (OIS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.16 per share a year ago.

Oil States International (OIS) Misses Q1 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS): Three Months Ended   % Change (Unaudited, In Thousands, Except Per Share Amounts) March 31, 2023   December 31, 2022   March 31, 2022   Sequential   Year-over-Year Consolidated results:                   Revenues $ 196,199     $ 202,434     $ 164,044     (3 )%   20 % Operating income (loss) $ 5,875     $ 3,273     $ (4,336 )   79 %   nm Net income (loss) $ 2,158     $ 2,885     $ (9,424 )   (25 )%   nm Diluted earning per sha.

Oil States Announces First Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its first quarter 2023 earnings conference call for Friday, April 28, 2023 at 10:00 am Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended March 31, 2023, which are expected to be released on Thursday, April 27, 2023, after the markets close. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.com.

Oil States Announces First Quarter 2023 Earnings Conference Call

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Oil States International (OIS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Oil States International (OIS) Might be Well Poised for a Surge

The average of price targets set by Wall Street analysts indicates a potential upside of 25.2% in Oil States International (OIS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 25.21% Upside in Oil States International (OIS): Here's What You Should Know

Oil States International (OIS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

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