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Oil States International, Inc. - OIS STOCK NEWS

Welcome to our dedicated news page for Oil States International (Ticker: OIS), a resource for investors and traders seeking the latest updates and insights on Oil States International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oil States International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oil States International's position in the market.

Rhea-AI Summary
Oil States International, Inc. (OIS) has scheduled its first quarter 2024 earnings conference call for April 26, 2024, at 9:00 a.m. Central Daylight Time. The call will discuss the results for the quarter ended March 31, 2024, expected to be released before the markets open on the same day. Participants can access the webcast on Oil States' website or join by phone. A replay will be available shortly after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
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Rhea-AI Summary
Oil States International, Inc. (NYSE: OIS) reported a net income of $6.0 million, or $0.09 per diluted share, for the fourth quarter of 2023. Consolidated revenues increased by 7% sequentially to $208.3 million, driven by higher offshore and international activity. Adjusted EBITDA rose by 2% sequentially to $24.0 million. The Offshore/Manufactured Products segment saw a significant increase in revenues, backlog, and bookings. The company invested $3.9 million in share repurchases during the quarter and extended the maturity date of their ABL Facility to February 16, 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
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Rhea-AI Summary
Oil States International, Inc. (NYSE:OIS) has scheduled its fourth quarter 2023 earnings conference call for February 20, 2024, at 10:00 a.m. Central Time. The call will discuss the results for the quarter ended December 31, 2023, which are expected to be released before the markets open. Participants can access the webcast on Oil States’ website or join the conference call by phone. A replay will also be available after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
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Rhea-AI Summary
Halliburton and Oil States Industries have announced a strategic collaboration to provide customers with innovative deepwater managed pressure drilling (MPD) solutions. This collaboration aims to improve control and operational efficiencies for offshore drillers by combining Halliburton's services, control systems, digital platform, and training with Oil States' integrated riser joint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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Rhea-AI Summary
Oil States International, Inc. reports net income of $4.2 million for Q3 2023, with consolidated revenue increasing 6% sequentially. Offshore/Manufactured Products segment revenue reaches highest level since Q4 2016. Third quarter segment bookings augmented by two contract awards exceeding $15 million each. Generated operating cash flow of $13.6 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9%
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Rhea-AI Summary
Oil States International reschedules its third quarter 2023 earnings conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
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Rhea-AI Summary
Oil States International, Inc. to hold Q3 2023 earnings conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
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Rhea-AI Summary
Oil States International, Inc. receives contract for its Merlin™ Deepsea Mineral Riser system for seabed mineral harvesting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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none
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Rhea-AI Summary
Oil States International, Inc. reports net income of $0.6 million for Q2 2023, with revenues of $183.5 million and Adjusted EBITDA of $19.0 million. Backlog for Offshore/Manufactured Products segment increases to $338 million, highest level since 2015.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.72%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
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Oil States International, Inc.

NYSE:OIS

OIS Rankings

OIS Stock Data

376.91M
60.14M
5.32%
94.5%
2.52%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
Link
US
Houston

About OIS

oil states international provides the worldwide oil and gas industry with a wide array of solutions. it is a leading manufacturer of products for deep water production facilities and subsea pipelines, and a leading provider of services, including land drilling, completion and production related rental tools, workforce accommodations and logistics, and oil country tubular goods distribution.