Oil States International, Inc. (OIS)

In the past six months, Oil States International's stock has been impacted by several events, including mixed Q3 2025 results with strong performance in Offshore/Manufactured Products but a decline in U.S. land-focused segments. The company continued strategic streamlining efforts, including exiting underperforming businesses and locations, and completed a previously idled facility sale. Oil States implemented a new share repurchase program and announced a dual listing on NYSE Texas. The CEO sold shares of the company's stock. OIS stock has seen notable returns, exceeding the US Energy Services industry and the broader US market, with stable price volatility in the past three months.

The oilfield services industry, in which Oil States International operates, experiences typical year-end seasonality. This is partially offset by strong and ongoing demand in its international and offshore segments, which are less sensitive to short-cycle market uncertainties. The company has noted robust demand in these areas, leading to strong bookings and a high backlog.

Oil States International, Inc. provides engineered capital equipment and consumable products across three main segments: Offshore Manufactured Products, which designs, manufactures, and markets capital equipment; Completion and Production Services (WellSite Services), which offers equipment and services to establish and maintain the flow of oil and natural gas; and Downhole Technologies, which provides oil and gas perforation systems and downhole tools.

Oil States International has a global presence with manufacturing and service facilities worldwide and a significant market presence across key oil and gas producing regions. Operations and services are provided in the United States, including the Gulf of Mexico, and international markets such as Canada. The company has highlighted strong demand in its international and offshore segments, particularly from Brazil.

In the past year, Oil States International has received positive recognition for its commitment to ESG practices and technological innovation. The company earned an ESG Accelerator Award and launched an industry-first Low Impact Workover Package. Mixed financial results for Q3 2025, particularly the decline in U.S. land-focused segments, could implicitly affect market perception.

Oil States International's ownership is predominantly institutional, with institutional investors holding approximately 88.24% to 97.44% of the stock. Major institutional owners include Blackrock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors LP. Significant individual or insider ownership includes Jana Partners LLC and Cindy B. Taylor, the CEO.