Oil States International Inc (OIS) |
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Price: $5.2500
$-0.05
-0.943%
|
Day's High:
| $5.37
| Week Perf:
| 11.23 %
|
Day's Low: |
$ 5.22 |
30 Day Perf: |
8.25 % |
Volume (M): |
581 |
52 Wk High: |
$ 7.48 |
Volume (M$): |
$ 3,048 |
52 Wk Avg: |
$5.35 |
Open: |
$5.25 |
52 Wk Low: |
$3.91 |
|
|
Market Capitalization (Millions $) |
326 |
Shares
Outstanding (Millions) |
62 |
Employees |
2,752 |
Revenues (TTM) (Millions $) |
736 |
Net Income (TTM) (Millions $) |
-20 |
Cash Flow (TTM) (Millions $) |
-7 |
Capital Exp. (TTM) (Millions $) |
31 |
Oil States International Inc
Oil States International, Inc., through its subsidiaries, is a leading provider
of specialty products and services to oil and natural gas related companies
throughout the world. We are a technology-focused, pure-play energy services
company operating in some of the worlds most active oil and natural gas producing
regions, including onshore and offshore United States, Canada, West Africa,
the Middle East, the North Sea, South America and Southeast and Central Asia.
Our customers include many national oil and natural gas companies, major and
independent oil and natural gas companies, onshore and offshore drilling companies
and other oilfield service companies. We operate through two business segments
– Offshore Products and Well Site Services – and have established
a leadership position in certain of our product or service offerings in each
segment.
We have historically grown our product and service offerings organically, through
capital spending, and also through strategic acquisitions. Our investments are
focused in growth areas and on areas where we expect to be able to expand market
share and where we believe we can achieve an attractive return on our investment.
As part of our long-term strategy, we continue to review complementary acquisitions
as well as make organic capital expenditures to enhance our cash flows and increase
our stockholders’ returns.
Through this segment, we provide highly-engineered products and services for
offshore oil and natural gas production systems and facilities, as well as certain
products and services to the offshore and land-based drilling and completion
markets. Our products and services used primarily in deepwater producing regions
include our FlexJoint® technology, advanced connector systems, high-pressure
riser systems, compact valves, deepwater mooring systems, cranes, subsea pipeline
products, blow-out preventer stack integration, specialty welding, fabrication,
cladding and machining services, offshore installation services and inspection
and repair services. In addition, we design, manufacture and market numerous
shorter-cycle products and services used in land and offshore drilling and completion
activities and by non-oil and gas customers, including consumable downhole elastomer
products utilized in onshore completion activities, valves and sound and vibration
dampening products. We have facilities that support our Offshore Products segment
in Arlington, Houston and Lampasas, Texas; Houma, Louisiana; Oklahoma City and
Tulsa, Oklahoma; the United Kingdom; Brazil; Singapore; Thailand; Vietnam; and
India.
The market for Offshore Products centers primarily on the development of infrastructure
for offshore production facilities and their subsequent operations, exploration
and drilling activities as well as new rig and vessel construction, refurbishments
or upgrades. Demand for oil and natural gas and related drilling and production
in offshore areas throughout the world, particularly in deeper water, drive
spending for these activities. Sales of our products and services to land-based
drilling and completion markets is driven by the level and complexity of drilling,
completion and workover activity, particularly in North America.
Company Address: Three Allen Center, 333 Clay Street Houston, 77002 TX
Company Phone Number: 652-0582 Stock Exchange / Ticker: NYSE OIS
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Customers Net Income fell by |
OIS's Customers Net Profit Margin fell to |
-30.22 % |
8.76 %
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Stock Performances by Major Competitors |
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Oil States International Inc
Oil States International Inc. (NYSE: OIS) has undoubtedly faced challenging financial results for the fiscal time-frame closing on March 31, 2024. With OIS slipping into a deficit of $-0.21 per share, compared to a mere $0.03 per share the year before, and a decrease in earnings per share from $0.09 in the previous quarter, it is clear that the company has experienced significant setbacks. The most concerning aspect of these financial results is the extensive decrease in revenue. Revenues fell by a staggering -14.749% to $167.26 million from $196.20 million in the similar quarter a year before. Sequentially, revenue also fell by -19.688% from $208.27 million. These numbers are not to be taken lightly, as they demonstrate a sharp decline in revenue for Oil States International Inc.
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Oil States International Inc
Oil States International Inc, a Miscellaneous Fabricated Products company, delivered impressive earnings growth despite slow revenue growth in the financial period closing on December 31, 2023. During this period, earnings per share more than doubled, increasing by 110.87% to $0.09 per share. Revenue also experienced a modest rise of 2.881% to reach $208.27 million compared to the same period the previous year. However, it is worth noting that the revenue increase of the company fell short of the industry average, which saw a growth of 5.72% from the fourth quarter of 2022. In comparison to the prior financial reporting period, earnings grew by 33.76% from $0.07 per share, and revenue advanced by 7.194% from $194.29 million.
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Oil States International Inc
Oil States International Inc has delivered impressive improvements in income and earnings per share in the third quarter of 2023. With a significant increase of 133.33% in income per share at $0.07 per share, the company has shown strong growth potential. Additionally, revenue has grown moderately by 2.585% to $194.29 million compared to the same quarter last year. However, when compared to its competitors in the Miscellaneous Fabricated Products sector, Oil States International Inc has underperformed. The sector as a whole has reported business improvement of 15.90% from the same quarter a year ago, highlighting the need for further analysis to understand the company's performance.
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Oil States International Inc
The stock market has recently experienced an exciting development in the form of Oil States International Inc's positive profits. In the financial interval ending June 30, 2023, the company's earnings per share (EPS) improved from -$0.08 to $0.01. Although there was a drop of -66.67% in EPS compared to the previous reporting period, it is still a significant leap forward. Another encouraging factor is the company's revenue growth. Despite a marginal increase of 0.932% from $181.83 million to $183.53 million in the similar reporting period a year ago, any growth is a positive sign. However, it's important to note that sequentially, the revenue witnessed a slight decrease of -6.458% from $196.20 million.
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Oil States International Inc
Bearish Article on Oil States International Inc Investors remain wary of Oil States International Inc as the company's financial performance in the upcoming period is doubtful. Although the financial span that ended on March 31, 2023, showed a positive turnaround in the company's income, the figures are not enough to boost investors' confidence. Instead, the numbers indicate a downward trend that may lead to unfavorable outcomes in the future. For starters, the company's income per share improved from -$0.16 to $0.03 only. It is hard to be excited about this minimal growth, considering that the preceding year's income per share was already negative. It points out that the company has not been performing well and may continue to struggle in the future. Moreover, the income faded by -32.44 % from the preceding reporting season, a significant decline compared to the slightly positive growth in the current financial span. Although the company's revenue inched up by 19.601% to $196.20 million from $164.04 million in the similar reporting season a year before, the sequential decrease of -3.08% from $202.43 million is alarming. This decrease indicates a trend of inconsistent results, which can affect the company's operations and profitability. Furthermore, the company's earnings of $2.158 million in the financial span ending on March 31, 2023, may seem like an improvement compared to the net loss of $-9.424 million in the same reporting period a year ago. However, it is still a meager return that needs more significant growth to warrant investor confidence. While Oil States International Inc highlighted its improving profit margins, the figures are still not satisfactory. The net margin may have risen to 1.1% in the financial span ending on March 31, 2023, while the operating margin edged up to 2.99%. However, these margins are still low and may have been influenced by various external factors, such as the pandemic's impact on the oil and gas industry. It remains unclear whether the margins can be sustained and lead to consistent growth in the future.
|
Per Share |
Current |
Earnings (TTM) |
-0.33 $ |
Revenues (TTM) |
11.86 $
|
Cash Flow (TTM) |
- |
Cash |
0.74 $
|
Book Value |
11.03 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.33 $
|
Revenues (TTM) |
11.86 $ |
Cash Flow (TTM) |
- |
Cash |
0.74 $
|
Book Value |
11.03 $ |
Dividend (TTM) |
0 $ |
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Offshore Manufactured Products |
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58.64 % |
of total Revenue |
Completion and Production Services |
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23 % |
of total Revenue |
Downhole Technologies |
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18.36 % |
of total Revenue |
Products |
|
57.81 % |
of total Revenue |
Services |
|
42.19 % |
of total Revenue |
Project-driven |
|
52.15 % |
of total Revenue |
Project-driven Products |
|
33.36 % |
of total Revenue |
Project-driven Services |
|
18.79 % |
of total Revenue |
Military and other products |
|
6.49 % |
of total Revenue |
Short-cycle products and services |
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41.36 % |
of total Revenue |
Short-cycle products and services Products |
|
17.96 % |
of total Revenue |
Short-cycle products and services Services |
|
23.4 % |
of total Revenue |
Offshore Manufactured Products Project-driven |
|
52.15 % |
of total Revenue |
Offshore Manufactured Products Project-driven Products |
|
33.36 % |
of total Revenue |
Offshore Manufactured Products Project-driven Services |
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18.79 % |
of total Revenue |
Offshore Manufactured Products Military and other products |
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6.49 % |
of total Revenue |
Completion and Production Services Short-cycle products and services |
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23 % |
of total Revenue |
Completion and Production Services Short-cycle products and services Services |
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23 % |
of total Revenue |
Downhole Technologies Short-cycle products and services |
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18.36 % |
of total Revenue |
Downhole Technologies Short-cycle products and services Products |
|
17.96 % |
of total Revenue |
Downhole Technologies Short-cycle products and services Services |
|
0.4 % |
of total Revenue |
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