Oil States International ( (OIS) ) has released its Q2 earnings. Here is a breakdown of the information Oil States International presented to its investors.
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Oil States International, Inc. is a global provider of manufactured products and services primarily serving the energy, industrial, and military sectors, known for its highly engineered capital equipment and consumable products.
In its second quarter of 2025, Oil States International reported a net income of $3 million, or $0.05 per share, on revenues of $165 million, marking a 3% sequential increase. The company highlighted the strength of its Offshore Manufactured Products segment and received recognition for its Low Impact Workover Package with a Meritorious Engineering Award.
Key financial metrics for the quarter included an adjusted net income of $5 million, or $0.09 per share, and an adjusted EBITDA of $21 million, reflecting a 13% sequential increase. The Offshore Manufactured Products segment saw a 15% revenue increase, contributing significantly to the company’s performance, while the Completion and Production Services and Downhole Technologies segments faced challenges due to reduced U.S. land activity.
The company continued its restructuring efforts in the U.S. land market, which, along with lower industry activity, led to a decline in U.S. land-driven revenue. Strategic investments were made in technology and new facilities, including a manufacturing facility in Indonesia.
Looking forward, Oil States International remains focused on leveraging its technological advancements and strategic investments to navigate industry challenges and capitalize on growth opportunities in international and offshore markets.