Oil States InternationalOIS
OIS
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,014% more call options, than puts
Call options by funds: $78K | Put options by funds: $7K
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
4% more funds holding
Funds holding: 147 [Q2] → 153 (+6) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 55
5% less capital invested
Capital invested by funds: $239M [Q2] → $227M (-$12.3M) [Q3]
7.1% less ownership
Funds ownership: 83.97% [Q2] → 76.88% (-7.1%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
9%
upside
Avg. target
$7
53%
upside
High target
$9
96%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stifel Stephen Gengaro 50% 1-year accuracy 41 / 82 met price target | 96%upside $9 | Buy Maintained | 11 Oct 2024 |
Susquehanna Charles Minervino 29% 1-year accuracy 19 / 66 met price target | 9%upside $5 | Neutral Maintained | 11 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
3 days ago
Oil States Closes on Facility Sale and Updates Share Repurchases
HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS): During its Third Quarter 2024 Earnings Conference Call held on October 30, 2024, Oil States provided a strategic update announcing several important initiatives including business unit optimization, the exit of certain U.S. domestic underperforming business lines and locations, continued investment in new technologies including Managed Pressure Drilling (MPD) systems, the generation of free cash flow to facilitate growth and t.
Neutral
Seeking Alpha
1 month ago
Oil States International, Inc. (OIS) Q3 2024 Earnings Call Transcript
Oil States International, Inc. (NYSE:OIS ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Ellen Pennington - Senior Counsel and Assistant Corporate Secretary Cindy Taylor - President and Chief Executive Officer Lloyd Hajdik - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants James Rollyson - Raymond James Stephen Gengaro - Stifel Sean Mitchell - Daniel Energy Partners Operator Good morning. My name is Mark, and I will be your conference operator today.
Positive
Zacks Investment Research
1 month ago
Oil States International (OIS) Q3 Earnings Meet Estimates
Oil States International (OIS) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago.
Neutral
Business Wire
1 month ago
Oil States Announces Third Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS): Three Months Ended % Change (Unaudited, In Thousands, Except Per Share Amounts) September 30, 2024 June 30, 2024 September 30, 2023 Sequential Year-over-Year Consolidated results: Revenues $ 174,348 $ 186,383 $ 194,289 (6 )% (10 )% Operating income (loss)(3) $ (11,041 ) $ 2,045 $ 6,190 n.m. n.m. Net income (loss) $ (14,349 ) $ 1,301 $ 4,212 n.m. n.m. Adjusted.
Neutral
Business Wire
1 month ago
Oil States Announces Third Quarter 2024 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its third quarter 2024 earnings conference call for Wednesday, October 30, 2024 at 9:00 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended September 30, 2024, which are expected to be released on Wednesday, October 30, 2024, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesin.
Negative
Zacks Investment Research
2 months ago
Analysts Estimate Oil States International (OIS) to Report a Decline in Earnings: What to Look Out for
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.
Neutral
Business Wire
3 months ago
Seadrill and Oil States Announce Strategic Collaboration to Enhance Offshore Managed Pressure Drilling (MPD) Operations
HOUSTON--(BUSINESS WIRE)--Seadrill Limited (“Seadrill”) (NYSE: SDRL), a global leader in oil and gas offshore drilling, and Oil States International, Inc. (“Oil States”) (NYSE: OIS), a global provider of manufactured products and services to customers in the energy, industrial and military sectors, announced today a non-exclusive collaborative relationship aimed at increasing the safety and efficiency of offshore MPD operations. This strategic initiative combines Oil States' award-winning MPD I.
Positive
Zacks Investment Research
3 months ago
3 Oil & Gas Equipment Stocks Set to Gain From a Prospering Industry
Handsome upstream activities are boosting the demand for drilling & production equipment, brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).
Neutral
Seeking Alpha
4 months ago
Oil States International, Inc. (OIS) Q2 2024 Earnings Call Transcript
Oil States International, Inc. (NYSE:OIS ) Q2 2024 Earnings Conference Call July 29, 2024 10:00 AM ET Company Participants Ellen Pennington - Senior Counsel & Assistant Corporate Secretary Cindy Taylor - President & CEO Lloyd Hajdik - EVP & CFO Conference Call Participants Jim Rollyson - Raymond James Stephen Gengaro - Stifel John Daniel - Daniel Energy Partners Operator Thank you for standing by. My name is Eric, and I will be your conference operator today.
Positive
Zacks Investment Research
4 months ago
Oil States International (OIS) Q2 Earnings and Revenues Beat Estimates
Oil States International (OIS) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.01 per share a year ago.
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