Welcome to our dedicated page for Oil States Intl news (Ticker: OIS), a resource for investors and traders seeking the latest updates and insights on Oil States Intl stock.
Oil States International, Inc. provides manufactured products and services for energy, military and industrial customers, including highly engineered capital equipment and consumable products. Its updates commonly cover results across Offshore Manufactured Products, Completion and Production Services and Downhole Technologies, with attention to offshore backlog, bookings, project timing, margins and activity among oil and natural gas customers.
Company news also addresses capital-structure actions, credit facilities, convertible note retirement, restructuring of U.S. land-based service operations, exchange listings and executive succession. Product and technology announcements may reference equipment used in offshore, drilling, completion, production and geothermal applications.
Oil States (NYSE: OIS) reported Q2 2026 revenues of $156.7 million, up 8% sequentially but 5% below Q2 2025. Net income was $5.9 million ($0.10 per share) and adjusted net income was $8.4 million ($0.14 per share). Adjusted EBITDA reached $19.0 million, a 14% quarter-over-quarter increase and 10% below prior-year levels.
The Offshore Manufactured Products segment generated $92.7 million of revenue and backlog of $451 million, its highest since 2015, supported by $114 million in bookings and a 1.2x book-to-bill. Downhole Technologies revenue rose to $39.7 million, its highest since Q2 2023, with operating income of $2.7 million. Completion and Production Services revenue increased to $24.3 million, with a 27% adjusted segment EBITDA margin.
The company retired the remaining $52.7 million of 4.75% convertible notes using $50.5 million of cash plus shares, recognized a $3.6 million extinguishment loss, repurchased $5.1 million of stock, and used $6.3 million of operating cash flow, driven by a $21.3 million working capital build. Cash ended at $19.8 million versus $69.9 million at year-end 2025.
Oil States (NYSE:OIS) has scheduled its second quarter 2026 earnings conference call for Thursday, July 30, 2026, at 9:00 a.m. Central Daylight Time. The company expects to release results for the quarter ended June 30, 2026, earlier that day, before markets open.
The call will be webcast via Oil States’ investor relations website and accessible by phone using U.S. dial-in +1 (833) 461-5787, international dial-in +1 (585) 542-9983, and Meeting ID 647 603 275. A replay will be available about two hours after the call.
Oil States (NYSE: OIS) reported Q1 2026 consolidated revenues of $145.4 million, net income of $1.1 million ($0.02 per share) and Adjusted EBITDA $16.7 million. Adjusted net income was $5.2 million ($0.09 per share) excluding restructuring and impairment charges. Cash on-hand was $59.0 million, exceeding outstanding debt by $4.0 million. The company entered an amended credit agreement providing up to $75.0 million revolving and $50.0 million term loan capacity, and retired $52.7 million of convertible notes on April 1, 2026.
Oil States (NYSE:OIS) scheduled its First Quarter 2026 earnings conference call for Tuesday, May 5, 2026 at 9:00 a.m. Central Daylight Time. Results for the quarter ended March 31, 2026, are expected to be released before markets open on May 5, 2026.
The call will be webcast at the company’s investor site, with U.S. and international dial‑in numbers and passcode 196865172. A replay will be available approximately two hours after the call completes.
Oil States provides manufactured products and services to energy, military and industrial customers and trades under the symbol OIS.
Oil States (NYSE: OIS) announced that Cindy Taylor will retire and Lloyd Hajdik will succeed her as President and CEO effective May 1, 2026. Hajdik will join the Board on that date, and Matthew Autenrieth will become CFO upon the CEO transition.
Cindy Taylor will remain as a consultant through October 31, 2026 to support continuity. The Board cites long-term succession planning and leadership continuity as drivers of the transition.
Oil States (NYSE: OIS) reported Q4 2025 revenues of $178.5M, up 8% sequentially, and Adjusted EBITDA of $22.8M. The company recorded a $117.2M net loss driven by $124.9M of asset impairment and restructuring charges. Cash flows from operations were $50.1M; the company retired $50M of convertible notes and ended the year with cash exceeding debt by $14.9M. Offshore Manufactured Products backlog reached $435M with Q4 bookings of $160M (book-to-bill 1.3x). The company entered a new cash-flow credit agreement providing up to $125M of commitments.
Oil States (NYSE:OIS) scheduled its Fourth Quarter 2025 earnings conference call for Friday, February 20, 2026 at 9:00 a.m. Central Standard Time.
Results for the quarter ended December 31, 2025 are expected to be released before markets open on February 20, 2026. The call will be webcast with replay available about two hours after the call.
Oil States (NYSE: OIS) entered an amended and restated Cash Flow Credit Agreement providing $125 million of commitments: a $75 million revolving facility and a $50 million multi-draw term loan, available to draw through July 28, 2026.
The facility matures January 28, 2030, bears interest at Term SOFR +2.50–3.50% or base rate +1.50–2.50% by leverage tier, and carries a 0.375%–0.500% unused commitment fee. Obligations are secured by substantially all U.S. assets and certain foreign stock. As of Dec 31, 2025, cash on-hand was $70 million and $53 million of 2026 convertible notes remained outstanding; no borrowings were outstanding under the new agreement as of Jan 28, 2026.
Oil States International (NYSE: OIS) announced on November 13, 2025 that it will add a dual listing of its common stock on NYSE Texas while maintaining its primary listing on the New York Stock Exchange under the same ticker OIS.
The company said the dual listing aligns its capital-markets presence with its Texas roots and significant state operations. NYSE Texas confirmed the addition and welcomed Oil States as a new trading participant on the fully electronic exchange.
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