OIS Stock Recent News

Oil States International (OIS) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.03 per share a year ago.

Oil States International (OIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its first quarter 2024 earnings conference call for Friday, April 26, 2024 at 9:00 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended March 31, 2024, which are expected to be released on Friday, April 26, 2024, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.com. Partic.

Oil States International expects revenue and cash flow growth in 2024 due to the commercialization of new technologies and the recovery of natural gas prices. The company's book-to-bill ratio deteriorated in Q4, but improved cash flows and low leverage should boost investor confidence. OIS's stock is reasonably valued compared to its peers, and I maintain my "buy" rating based on growth and profitability prospects.

Lower equipment demand and significant debt exposures are matters of concern, making the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. Kodiak Gas (KGS), Oil States, (OIS), Matrix Service (MTRX) and Profire Energy (PFIE) are trying to survive industry challenges.

Oil States International (OIS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

The headline numbers for Oil States International (OIS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Oil States International (OIS) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its fourth quarter 2023 earnings conference call for Tuesday, February 20, 2024 at 10:00 a.m. Central Time. During the call, Oil States will discuss the results for the quarter ended December 31, 2023, which are expected to be released on Tuesday, February 20, 2024, before the markets open. This call is being webcast and can be accessed at Oil States' website at www.ir.oilstatesintl.com. Pa.

Lower equipment demand and significant debt exposures are matters of concern, making the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. Oil States International, (OIS), Matrix Service (MTRX) and Profire Energy (PFIE) are trying to survive industry challenges.