Oil States International (OIS) AI Stock Analysis

• Market Cap: $223.88M
• Dividend Yield: N/A
• Average Volume (3M): 834.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: -11.47%
• EPS Growth: -187.17%
• Country: US
• Employees: 2,439
• Sector: Energy
• Sector Strength: 55
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): -0.18
• Shares Outstanding: 62,017,357
• 10 Day Avg. Volume: 849,110
• 30 Day Avg. Volume: 834,992
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.77
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 3.89
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $6.67
• Price Target Upside: 82.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

Oil States International faces significant financial challenges with fluctuating revenues and operational disruptions, reflected in its poor technical indicators and negative valuation metrics. However, positive guidance from the earnings call and strategic initiatives in international markets offer some optimism for recovery. The overall score reflects these mixed prospects, highlighting the need for operational improvements and strategic execution.

Oil States International Business Overview & Revenue Model

Company Description

Oil States International, Inc., through its subsidiaries, provides oilfield products and services for the drilling, completion, subsea, production, and infrastructure sectors of the oil and gas industry worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle. It also provides wellhead isolation, frac valve, wireline and coiled tubing support, flowback and well testing, pipe recovery systems, gravel pack and sand control, blowout preventer, and drilling services. The Downhole Technologies segment provides oil and gas perforation systems, and downhole tools in support of completion, intervention, wireline, and well abandonment operations. This segment also designs, manufactures, and markets its consumable engineered products to oilfield service, and exploration and production companies. The Offshore/Manufactured Products segment designs, manufactures, and markets capital equipment utilized on floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels; and short-cycle and other products. Its products include flexible bearings, advanced connector systems, high-pressure riser systems, deepwater mooring systems, cranes, subsea pipeline products, and blow-out preventer stack integration products. This segment also provides short-cycle products, such as valves, elastomers, and other specialty products that are used in the land-based drilling and completion markets; and other products for use in industrial, military, and other applications. In addition, it offers specialty welding, fabrication, cladding and machining, offshore installation, and inspection and repair services. The company was incorporated in 1995 and is headquartered in Houston, Texas.

How the Company Makes Money

Oil States International generates revenue through the design, manufacture, and sale of specialized equipment and services for the oil and gas industry. The Offshore/Manufactured Products segment earns income by providing products essential for offshore drilling and production, including subsea pipeline products and floating production systems. The Well Site Services segment contributes to revenue through the provision of completion services and land drilling activities. These services are crucial for optimizing well performance and ensuring efficient extraction processes. Additionally, the company benefits from long-term contracts and strategic partnerships with major oil and gas companies, which secure a steady flow of income. Oil States International's revenue is also influenced by the global demand for energy, oil prices, and exploration and production activities.

Oil States International Financial Statement Overview

Summary

Oil States International's financial performance is challenged by operational disruptions and profitability issues, as reflected in the income statement's fluctuating revenue and negative profit margins. The balance sheet shows moderate leverage but lacks consistent positive returns on equity. Cash flow inconsistencies highlight potential cash management issues, necessitating strategic improvements.

Income Statement

Oil States International has experienced fluctuating revenue over recent years, with a significant drop to zero in the most recent period, indicating severe operational challenges. The company has faced profitability issues, evident from negative gross and net profit margins in the latest annual report. However, past periods showed some improvement in EBIT and EBITDA margins, suggesting potential for recovery.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating a balanced leverage position. The equity ratio has remained stable, providing financial stability. However, the company has been unable to generate positive returns on equity consistently, reflecting inefficiencies in asset utilization.

Cash Flow

Operating cash flow has been positive, although free cash flow has shown volatility, with a significant decline recently. The cash flow to net income ratios suggest that cash generation is not aligning with accounting profits, highlighting potential cash management issues.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
692.59M	782.28M	737.71M	573.16M	638.08M
	Gross Profit
101.68M	119.12M	91.82M	22.02M	-22.27M
	EBIT
-16.20M	23.16M	6.22M	-59.00M	-534.34M
	EBITDA
55.66M	86.17M	61.28M	17.73M	-421.53M
	Net Income Common Stockholders
-11.26M	12.89M	-9.54M	-63.99M	-468.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
65.36M	47.11M	42.02M	52.85M	72.01M
	Total Assets
1.01B	1.05B	1.06B	1.09B	1.15B
	Total Debt
150.56M	161.35M	179.70M	208.68M	220.32M
	Net Debt
85.20M	114.24M	137.68M	155.83M	148.31M
	Total Liabilities
324.45M	336.94M	374.83M	389.92M	394.63M
	Stockholders Equity
680.65M	709.54M	689.56M	695.83M	757.63M
Cash Flow		Free Cash Flow
8.39M	25.92M	12.60M	-10.32M	120.01M
	Operating Cash Flow
45.89M	56.58M	32.86M	7.19M	132.75M
	Investing Cash Flow
2.70M	-25.59M	-22.73M	-6.63M	-3.73M
	Financing Cash Flow
-29.48M	-26.71M	-20.29M	-19.57M	-65.02M

Oil States International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OIS, the sentiment is Negative. The current price of 3.65 is below the 20-day moving average (MA) of 3.72, below the 50-day MA of 4.59, and below the 200-day MA of 4.91, indicating a bearish trend. The MACD of -0.32 indicates Negative momentum. The RSI at 40.87 is Neutral, neither overbought nor oversold. The STOCH value of 80.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OIS.

Oil States International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGS	73 Outperform	$241.38M	14.01	7.02%	―	29.36%	261.48%
NOV	71 Outperform	$4.48B	7.38	9.25%	2.43%	3.42%	-35.98%
OII	69 Neutral	$1.80B	10.04	26.17%	―	10.04%	68.14%
CLB	61 Neutral	$527.73M	18.91	11.54%	0.34%	1.32%	-33.17%
Sector *	56 Neutral	$7.14B	3.56	-6.61%	5.99%	>-0.01%	-50.21%
PUMP	51 Neutral	$515.81M	―	-15.19%	―	-11.42%	-278.57%
OIS	49 Neutral	$223.88M	―	-1.62%	―	-11.47%	-187.17%