Oil States International, Inc. filings document an operating company that supplies manufactured products and services to energy, military and industrial customers. Its 8-K reports furnish quarterly operating results, segment data, non-GAAP reconciliations, backlog and bookings commentary, restructuring charges, debt levels and cash-flow measures tied to its oilfield products and services businesses.
The company’s regulatory record also includes material-agreement disclosures for its cash-flow based credit facilities, capital-structure matters involving convertible senior notes, and governance filings covering executive succession, board appointments, compensation and annual proxy voting matters. These documents describe liquidity arrangements, secured borrowing terms, shareholder governance and risk-related disclosures for OIS as a public operating company.
Oil States International, Inc. director Robert L. Potter acquired 1,572 shares of common stock through a quarterly stock award on September 30, 2026. The award compensated him for service as non-executive chairman of the Board of Directors under the Second Amended and Restated Equity Participation Plan and vested upon award. The award is reported at $7.95 per share; Potter held 228,211 shares directly following the award. No Rule 10b5-1 plan is reported.
Oil States International, Inc. generated revenue of 156,659 (in thousands) in Q2 2026, down $8.7 million from a year earlier, but increased net income to $5.9 million from $2.8 million as lower depreciation, gains on asset sales and prior restructuring actions offset lower project-driven product sales.
For the first half of 2026, revenue was 302,022 (in thousands) and net income $7.0 million, including about $6.6 million of charges for facility exits, asset impairments, debt extinguishment and CEO transition. Operating cash flow turned to an outflow of 8,142 (in thousands), while cash fell to 19,802 and debt declined to 18,428 after retiring $52.7 million of 4.75% convertible notes and arranging a new $125.0 million cash-flow based credit facility. Offshore Manufactured Products revenue softened but backlog rose to $451 million with a 1.2x book-to-bill, Downhole Technologies posted strong growth, and management warns Middle East conflict and new U.S. tariffs could weigh on demand and costs.
Oil States International, Inc. reported second-quarter 2026 revenues of $156.7 million, up 8% sequentially and down 5% year-over-year. Net income was $5.9 million, or $0.10 per share, improving from $1.1 million in the prior quarter. Adjusted net income was $8.4 million, or $0.14 per share, and Adjusted EBITDA was $19.0 million, a 14% sequential increase, though 10% below the prior year.
Offshore Manufactured Products generated $92.7 million of revenue and Adjusted Segment EBITDA of $17.9 million; Completion and Production Services delivered $24.3 million of revenue and $6.6 million of Adjusted Segment EBITDA; Downhole Technologies posted $39.7 million of revenue and $4.2 million of Adjusted Segment EBITDA. Total backlog reached $451 million, with quarterly bookings of $114 million and a book-to-bill ratio of 1.2x, the highest backlog level in over a decade.
The company retired the remaining $52.7 million principal of its 4.75% convertible senior notes using $50.5 million in cash and 529,428 shares, recognizing a $3.6 million extinguishment loss. Operating activities used $6.3 million of cash in the quarter, and free cash flow was $(2.0) million. Cash and cash equivalents were $19.8 million at June 30, 2026, supported by a $75.0 million revolving credit facility and $50.0 million term loan commitments.
Franklin Resources, Inc., together with affiliates, reports beneficial ownership of 533,744 shares of Oil States International, Inc. common stock, representing 0.9% of the class, on an amended Schedule 13G.
Voting and dispositive powers are held through investment management subsidiaries: Brandywine Global Investment Management, LLC, Franklin Advisers, Inc., and The Putnam Advisory Company, LLC. These entities collectively have sole voting power over 529,771 shares and sole dispositive power over 533,744 shares, with no shared voting or dispositive power reported. Franklin Resources, its principal shareholders Charles B. Johnson and Rupert H. Johnson, Jr., and the investment management subsidiaries explain that securities are held for investment management clients, reference SEC guidance on disaggregated reporting, and disclaim pecuniary interest and group status. The filing also includes limited powers of attorney authorizing designated individuals to sign Section 13 and 16 reports on behalf of the principal shareholders.
Dimensional Fund Advisors LP reports beneficial ownership of 3,006,491 shares of Oil States International Inc common stock, representing 5.0% of the class as of June 30, 2026. The firm has sole voting power over 2,943,860 shares and sole dispositive power over 3,006,491 shares, with no shared voting or dispositive power.
The shares are owned by various investment companies, commingled funds, group trusts and separate accounts advised or sub-advised by Dimensional or its subsidiaries. These Funds have the right to receive dividends and sale proceeds. Dimensional may be deemed a beneficial owner for Section 13(d) purposes but expressly disclaims beneficial ownership of the securities.
Oil States International, Inc. amended the Executive Agreement of President and Chief Executive Officer Lloyd A. Hajdik effective July 9, 2026, restructuring severance calculations for certain termination events. If he is terminated by the company without Cause or resigns for Good Reason within 24 months following a Change of Control, he is entitled to a lump-sum severance equal to 3.0 times the sum of his Termination Base Salary and Target AICP. If his employment is terminated without Cause outside that 24‑month post–Change of Control period, he is entitled to a lump-sum severance equal to 1.5 times that sum, while all other terms of the Executive Agreement remain in effect.
POTTER ROBERT L reported acquisition or exercise transactions in this Form 4 filing.
Oil States International director Robert L. Potter received a quarterly stock award of 1,561 shares of common stock. The shares were granted at a reference price of $8.01 per share as compensation for his role as non-executive chairman of the Board and vest immediately upon award.
Following this grant, Potter directly holds a total of 226,639 shares of Oil States International common stock. The award was made under the company’s Second Amended and Restated Equity Participation Plan as part of his ongoing director compensation.
Wright E Joseph reported acquisition or exercise transactions in this Form 4 filing.
Oil States International director E. Joseph Wright received an equity grant of 16,760 shares of restricted common stock. The award was granted at no cash cost to Wright as part of the Company’s Second Amended and Restated Equity Participation Plan and will vest on the day before the Company’s 2027 Annual Stockholders meeting. After this grant, Wright directly holds 163,304 shares of Oil States International common stock.
Vanderhider Hallie A. reported acquisition or exercise transactions in this Form 4 filing.
OIL STATES INTERNATIONAL, INC director Hallie A. Vanderhider received a grant of 16,760 shares of restricted common stock on May 12, 2026 at a stated price of $0.00 per share. This award was made under the Company’s Second Amended and Restated Equity Participation Plan and will vest on the day before the Company’s 2027 Annual Stockholders meeting.
Following this grant, Vanderhider directly owns 160,866 shares of the Company’s common stock, reflecting an increase in her equity-based compensation position rather than an open-market purchase.
POTTER ROBERT L reported acquisition or exercise transactions in this Form 4 filing.
Oil States International, Inc. director Robert L. Potter received a grant of 16,760 shares of restricted common stock as equity compensation. The award was granted at no cash cost to him and was issued under the company’s Second Amended and Restated Equity Participation Plan.
The restricted shares vest on the day before the company’s 2027 Annual Stockholders meeting, tying his compensation to longer-term company performance. After this grant, Potter holds 225,078 shares of common stock directly.