OIS Stock Recent News

Oil States International (OIS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The average of price targets set by Wall Street analysts indicates a potential upside of 36% in Oil States International (OIS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Handsome upstream activities are boosting the demand for drilling & production equipment, brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Oil States International, Inc. (NYSE:OIS ) Q4 2024 Earnings Conference Call February 21, 2024 10:00 AM ET Company Participants Ellen Pennington - Senior Counsel and Assistant Corporate Secretary Cindy Taylor - President and CEO Lloyd Hajdik - EVP and CFO Conference Call Participants Stephen Gengaro - Stifel Jim Rollyson - Raymond James Blake McLean - Daniel Energy Partners Operator Good morning. My name is Mark and I will be your conference operator today.

Oil States International (OIS) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE: OIS):   Three Months Ended   % Change (Unaudited, In Thousands, Except Per Share Amounts) December 31, 2024   September 30, 2024   December 31, 2023   Sequential   Year-over- Year Consolidated results:                   Revenues $ 164,595     $ 174,348     $ 208,266     (6 )%   (21 )% Operating income (loss)(3) $ 18,484     $ (11,041 )   $ 7,830     n.m.   136 % Net income (loss) $ 15,164     $ (14,349 )   $ 5,963     n.m.   154 %.

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its fourth quarter 2024 earnings conference call for Friday, February 21, 2025 at 9:00 a.m. Central Standard Time. During the call, Oil States will discuss the results for the quarter ended December 31, 2024, which are expected to be released on Friday, February 21, 2025, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.c.

OIS is streamlining operations, exiting underperforming locations, and introducing new products in managed pressure drilling and valve technology to drive revenue growth. Despite global crude oil demand concerns and cash flow deterioration, OIS's strategic initiatives and higher backlog for subsea production systems support a "Buy" rating. Collaborations, such as with Seadrill and new product introductions, are expected to enhance offshore operations.

VALHALLA, N.Y., Oct. 14, 2024 (GLOBE NEWSWIRE) -- FUJIFILM North America Corporation today announces the launch of its FUJINON XF500mmF5.6 R LM OIS WR lens (XF500mmF5.6).