OIS

Oil States International, Inc.

Fundamental data last updated:November 6, 2026

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company profile

SECTOR

Energy

industry

Oil & Gas Equipment & Services

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Oil States International, Inc. (OSI), a global entity operating via its various subsidiaries, delivers a comprehensive suite of products and services tailored for the worldwide oil and gas industry. Its offerings span critical areas such as drilling, completion, subsea operations, production, and infrastructure development. The company's operations are structured into three distinct divisions: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services division is responsible for providing diverse equipment and related services essential for the entire lifespan of oil and natural gas wells, from initial drilling to maintaining production. This includes specialized support for tasks such as isolating wellheads, managing frac valves, supporting wireline and coiled tubing operations, performing flowback and well testing, retrieving pipes, implementing gravel pack and sand control solutions, supplying blowout preventers, and conducting general drilling activities. Focusing on subsurface operations, the Downhole Technologies segment delivers advanced perforation systems and a variety of downhole instrumentation. These are crucial for well completion, intervention, wireline applications, and decommissioning activities. Furthermore, this segment is involved in the design, production, and commercialization of engineered consumable products, catering to both oilfield service providers and exploration and production firms. The Offshore/Manufactured Products division concentrates on developing, producing, and distributing significant capital equipment for various offshore applications, including gear for floating production platforms, subsea pipeline networks, and offshore drilling vessels and rigs. Key offerings within this category encompass flexible bearings, sophisticated connector solutions, high-pressure riser assemblies, deepwater mooring apparatus, specialized cranes, items for subsea pipelines, and integrated blowout preventer stack components. Beyond capital equipment, this segment also supplies short-lifecycle products, such as valves, elastomeric components, and other specialized items primarily for land-based drilling and completion activities. Additionally, it produces diverse products for industrial, military, and other general applications. Complementing its product lines, the division delivers an array of services, including specialized welding, fabrication, cladding, machining, offshore installation, and comprehensive inspection and repair. Established in 1995, the company maintains its principal executive offices in Houston, Texas.

 


VALUATION

P/E

-4.85

Market Cap ($M USD)

$548.03M

Forward P/E

16.22

PEG

-0.06

PRICE TO SALES

0.88

PRICE TO BOOK

0.91

EV / EBITDA

-7.89

5-Year Average P/E

Free Cash Flow Yield

9.82%

DCF Value

$1.35

Graham Number

N/A

Price to FCF

10.18

EV to FCF

10.48

Earnings Yield

-20.22%

FCF Yield

9.82%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$1.84

Next Year EPS Growth Estimate

$0.56

Next Year Revenue Growth Estimate

$642.98M

Return on Equity (ROE)

-17.80%

FREE CASH FLOW

Operating Margin

-2.17%

Debt-to-Equity

0.06

Piotroski F-Score

5

Altman Z-Score

2.26

Return on Invested Capital (ROIC)

-2.09%

Current Ratio

2.35

Quick Ratio

1.29

Net Debt to EBITDA

-0.23

Interest Coverage

-4.16

Gross Profit margin

12.33%

FCF PER SHARE

$0.92

REVENUE PER SHARE

$10.63

Gainseekers Quantitative Analysis

Summary

The market seems to be overlooking Oil States International, Inc.’s potential, as recent pricing indicated it traded significantly below its DCF value. With a Forward P/E of 11.17, the company suggests a more optimistic future, contrasting sharply with its negative current earnings yield. The Altman Z-score of 2.43 indicates moderate financial health, suggesting the company is not in immediate distress. However, the negative ROIC and operating margin raise concerns about management’s efficiency in capital allocation and operational execution.

AI Exposure / Tech Reliance

Operating in the Oil & Gas Equipment & Services industry, Oil States International is positioned to leverage AI and modern tech for operational efficiencies. The sector's increasing reliance on data analytics and automation could enhance service delivery and cost management. However, the company's adaptability will depend on its investment in tech infrastructure and innovation.

The Bull Case

For the value-driven investor, Oil States International offers an intriguing opportunity. The company's FCF Yield of 12.98% and a Piotroski F-Score of 6 suggest solid financial health and potential for capital appreciation. Despite a negative ROIC, the company's ability to generate free cash flow indicates underlying pricing power and operational resilience. These factors, combined with a low Debt/Equity ratio, make it a candidate for those seeking undervalued stocks with turnaround potential.

The Bear Case

Despite some strengths, Oil States International faces significant structural risks. The negative EPS and operating margin highlight ongoing profitability challenges. The EV to EBITDA ratio of 12.01 suggests the company may be overvalued relative to its earnings potential. Additionally, the stock's distance from its 52-week high indicates potential overextension, raising caution for those wary of technical risks.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$11.67

Institutional Ownership %

1-Year Beta

1.20

Insider Buying % (6 Mo)

Distance to 52-Week High

59.60%

Distance to 52-Week Low

39.46%

EARNINGS SURPRISE %

30.23%

50-DAY SMA

$8.44

200-DAY SMA

$9.36

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.