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Oil States International, Inc. (OIS)

Energy | Oil & Gas Equipment & Services | Houston, United States | NYSE
8.61 USD -0.06 (-0.692%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 8.61

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:03 a.m. EDT

The investment case for Oil States International hinges entirely on the disconnect between its deteriorating financials and its robust operational backlog. While the company boasts a record backlog of $451 million and positive operating cash flow, the balance sheet is compromised by high debt levels and negative equity, resulting in a negative return on equity. This fundamental weakness is reflected in the stock's brutal nine-year price trajectory, which has erased over 83% of its value despite recent annual gains. The lack of a dividend payout underscores the capital constraints facing management. However, the options market is aggressively pricing in a rebound, with heavy call positioning at strikes significantly above the current price. This suggests traders believe the backlog will eventually translate into revenue that justifies the current valuation. For the short term, this speculative positioning creates a potential catalyst, but the long-term outlook remains clouded by the company's inability to generate sustainable shareholder returns or repair its equity base.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.034464
AutoARIMA0.034464
MSTL0.035943
AutoTheta0.040944

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 41%
H-stat 1.22
Ljung-Box p 0.000
Jarque-Bera p 0.535
Excess Kurtosis -0.80
Attribute Value
Sector Energy
Debt to Equity Ratio 6.23
Revenue per Share 11.145
Market Cap 519,377,728
Forward P/E 11.75
Beta 1.12
Profit Margins -16.78%
Website https://www.oilstatesintl.com

As of Aug. 22, 2026, 2:03 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by heavy open interest in out-of-the-money calls (strikes 10.0 and 15.0) relative to puts. The call chain shows massive volume and open interest at the 15.0 strike for both September and December expirations, suggesting a bullish bet on a recovery to near-52-week highs. Conversely, put activity is negligible, indicating a lack of hedging against further downside.


Info Dump

Attribute Value
52 Week Change 0.56498194
Address1 Three Allen Center
Address2 Suite 4620 333 Clay Street
All Time High 65.77
All Time Low 1.52
Ask 8.59
Ask Size 700
Audit Risk 5
Average Daily Volume10 Day 537,360
Average Daily Volume3 Month 703,417
Average Volume 703,417
Average Volume10Days 537,360
Beta 1.118
Bid 8.59
Bid Size 100
Board Risk 2
Book Value 9.634
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.61
Current Ratio 2.351
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 8.74
Day Low 8.55
Debt To Equity 6.23
Display Name Oil States
Earnings Call Timestamp End 1,785,420,000
Earnings Call Timestamp Start 1,785,420,000
Earnings Growth 1.126
Earnings Quarterly Growth 1.102
Earnings Timestamp 1,785,414,600
Earnings Timestamp End 1,793,277,000
Earnings Timestamp Start 1,793,277,000
Ebitda 64,506,000
Ebitda Margins 0.09991
Enterprise To Ebitda 8.306
Enterprise To Revenue 0.83
Enterprise Value 535,797,760
Eps Current Year 0.49
Eps Forward 0.7325
Eps Trailing Twelve Months -1.83
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.327
Fifty Day Average Change 0.283
Fifty Day Average Change Percent 0.03398583
Fifty Two Week Change Percent 56.49819
Fifty Two Week High 14.5
Fifty Two Week High Change -5.8900003
Fifty Two Week High Change Percent -0.4062069
Fifty Two Week Low 5.37
Fifty Two Week Low Change 3.2399998
Fifty Two Week Low Change Percent 0.60335195
Fifty Two Week Range 5.37 - 14.5
Financial Currency USD
First Trade Date Milliseconds 981,729,000,000
Float Shares 55,505,255
Forward Eps 0.7325
Forward P E 11.754266
Free Cashflow 79,437,752
Full Exchange Name NYSE
Full Time Employees 2,172
Fullday Change -0.0600004
Fullday Change Percent -0.692046
Fullday Price 8.61
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.21822001
Gross Profits 140,899,008
Has Pre Post Market Data 1
Held Percent Insiders 0.07942
Held Percent Institutions 0.89926004
Implied Shares Outstanding 60,322,619
Industry Oil & Gas Equipment & Services
Industry Disp Oil & Gas Equipment & Services
Industry Key oil-gas-equipment-services
Ir Website http://www.oilstatesintl.com/fw/main/Investor-Relations-4.html
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,401,667,200
Last Split Factor 175:100
Long Business Summary Oil States International, Inc., through its subsidiaries, provides engineered capital equipment and consumable products for energy, industrial, and military sectors worldwide. The company operates through three segments, Completion and Production Services, Downhole Technologies, and Offshore Manufactured Products. The Completion and Production Services segment offers a range of equipment and services that are used to establish and maintain the flow of oil and natural gas from a well throughout its life cycle. 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. Its products include flexible bearings, advanced connector systems, high-pressure riser systems, managed pressure drilling systems, deepwater mooring systems, cranes, subsea pipeline products, and blow-out preventer stack integration products. This segment also provides short-cycle products; and other products for use in industrial, military, alternative energy, and other applications. In addition, it offers specialty welding, fabrication, cladding and machining, offshore installation, and inspection and repair services. The company serves various national oil and natural gas, major and independent oil and natural gas, offshore drilling and other oilfield service, and defense and industrial companies. The company was incorporated in 1995 and is headquartered in Houston, Texas.
Long Name Oil States International, Inc.
Market us_market
Market Cap 519,377,728
Market State CLOSED
Max Age 86,400
Message Board Id finmb_94197
Most Recent Quarter 1,782,777,600
Net Income To Common -108,356,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 522,997,106
Number Of Analyst Opinions 4
Open 8.66
Operating Cashflow 72,691,000
Operating Margins 0.08367
Overall Risk 4
Payout Ratio 0.0
Peg Ratio 1.01
Phone 713 652 0582
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 8.61
Post Market Time 1,787,961,600
Previous Close 8.67
Price Eps Current Year 17.571428
Price Hint 2
Price To Book 0.8937098
Price To Sales Trailing12 Months 0.8044062
Profit Margins -0.16778
Quick Ratio 1.097
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0600004
Regular Market Change Percent -0.692046
Regular Market Day High 8.74
Regular Market Day Low 8.55
Regular Market Day Range 8.55 - 8.74
Regular Market Open 8.66
Regular Market Previous Close 8.67
Regular Market Price 8.61
Regular Market Time 1,787,947,202
Regular Market Volume 432,062
Return On Assets 0.01687
Return On Equity -0.17033
Revenue Growth -0.053
Revenue Per Share 11.145
Sand P52 Week Change 0.20504117
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 6
Shares Outstanding 60,322,619
Shares Percent Shares Out 0.038399998
Shares Short 2,319,338
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,458,129
Short Name Oil States International, Inc.
Short Percent Of Float 0.040799998
Short Ratio 3.61
Source Interval 15
State TX
Symbol OIS
Target High Price 14.0
Target Low Price 8.0
Target Mean Price 11.0
Target Median Price 11.0
Total Cash 19,802,000
Total Cash Per Share 0.328
Total Debt 36,222,000
Total Revenue 645,665,984
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.83
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.9959
Two Hundred Day Average Change -0.3859005
Two Hundred Day Average Change Percent -0.042897373
Type Disp Equity
Volume 432,062
Website https://www.oilstatesintl.com
Zip 77,002