Oil States InternationalOIS
About: Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies. It erns maximum revenue from Offshore/Manufactured Products.
Employees: 2,752
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
10% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 60
15% less funds holding
Funds holding: 171 [Q1] → 146 (-25) [Q2]
30.45% less ownership
Funds ownership: 112.48% [Q1] → 82.03% (-30.45%) [Q2]
34% less capital invested
Capital invested by funds: $356M [Q1] → $234M (-$122M) [Q2]
52% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 48
64% less call options, than puts
Call options by funds: $4K | Put options by funds: $11K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Stifel Stephen Gengaro 38% 1-year accuracy 16 / 42 met price target | 95%upside $9 | Buy Maintained | 11 Oct 2024 |
Susquehanna Charles Minervino 28% 1-year accuracy 16 / 58 met price target | 8%upside $5 | Neutral Maintained | 11 Oct 2024 |
Susquehanna Charles Minervino 28% 1-year accuracy 16 / 58 met price target | 19%upside $5.50 | Neutral Maintained | 30 Jul 2024 |