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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.
FAQ
What is the current stock price of Oil States Intl (OIS)?
The current stock price of Oil States Intl (OIS) is $5.44 as of February 28, 2025.
What is the market cap of Oil States Intl (OIS)?
The market cap of Oil States Intl (OIS) is approximately 329.8M.
What does Oil States International, Inc. do?
Oil States International provides products and services for the oil and gas industry, including manufacturing equipment for deep water production and subsea pipelines, and offering services like land drilling and workforce accommodations.
What are the main segments of Oil States International?
The company operates through three business segments: Offshore/Manufactured Products, Well Site Services, and Downhole Technologies.
Who are the main clients of Oil States International?
Oil States International serves national and international oil and gas companies, onshore and offshore drilling firms, oilfield services providers, defense, and industrial companies.
What type of products does the company manufacture?
The company manufactures engineered capital equipment and consumable products used in drilling, well construction, and oil and natural gas production.
What services does Oil States International offer?
The company offers land drilling, completion and production-related rental tools, workforce accommodations, logistics, and distribution of oil country tubular goods.
Which segment contributes the most to the company’s revenue?
The Offshore/Manufactured Products segment contributes the most to Oil States International’s revenue.
How does Oil States International support offshore operations?
Oil States supports offshore operations by providing advanced equipment for deep water production facilities and subsea pipelines.
What recent achievements has Oil States International accomplished?
The company has formed strategic partnerships and advanced technological innovations to enhance its capabilities and market position.
Does Oil States International invest in research and development?
Yes, Oil States International invests in research and development to optimize its products and services, meeting the evolving demands of the energy sector.
What other sectors does Oil States International serve besides oil and gas?
In addition to the oil and gas sector, Oil States International also serves the defense and industrial sectors.