Welcome to our dedicated page for OIL STATES INTERNATIONAL news (Ticker: OIS), a resource for investors and traders seeking the latest updates and insights on OIL STATES INTERNATIONAL stock.
Oil States International, Inc. (OIS) is a key player in the global oil and gas industry, offering an extensive range of products and services tailored to meet the needs of deep water production facilities and subsea pipelines. As a leading manufacturer, Oil States provides engineered capital equipment and consumable products utilized in the drilling, well construction, and production phases of oil and natural gas. The company’s expertise extends beyond manufacturing, encompassing a variety of essential services, including land drilling, completion and production-related rental tools, workforce accommodations, logistics, and the distribution of oil country tubular goods.
Oil States International operates through three primary business segments: Offshore/Manufactured Products, Well Site Services, and Downhole Technologies. The Offshore/Manufactured Products segment generates the majority of the company’s revenue by delivering advanced equipment for offshore oil and gas production. The Well Site Services division supports onshore operations through the provision of high-quality rental tools and well completion services. Meanwhile, the Downhole Technologies segment focuses on innovative solutions for drilling and well intervention.
The company’s client base includes national and international oil and natural gas companies, onshore and offshore drilling firms, and various oilfield service providers. Oil States International also serves the defense and industrial sectors, showcasing the versatility and broad applicability of its product and service offerings.
Recent achievements for Oil States International include strategic partnerships and advancements in technological innovation, enhancing its capabilities and market position. The company continually invests in research and development to optimize its product lineup and service efficiency, ensuring they meet the evolving demands of the energy sector.
Oil States International (NYSE:OIS) will hold its first quarter 2023 earnings conference call on April 28, 2023 at 10:00 AM CDT. The results for the quarter ending March 31, 2023 will be disclosed on April 27, 2023, after market close. Interested parties can join the call by dialing 1 (888) 210-3346 in the U.S. or +1 (646) 960-0253 internationally, using the passcode 7534957. A replay of the call will be available shortly after its conclusion.
Oil States provides manufactured products and services across the energy, industrial, and military sectors. The company is headquartered in Houston, Texas, with global manufacturing and service facilities.