Oil States Financials

OIS Stock  USD 5.44  0.08  1.49%   
Based on the key indicators related to Oil States' liquidity, profitability, solvency, and operating efficiency, Oil States International is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Oil States' Other Current Liabilities is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 262.3 M in 2024, whereas Net Debt is likely to drop slightly above 108.5 M in 2024. Key indicators impacting Oil States' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.190.2016
Notably Down
Slightly volatile
Current Ratio2.243.1029
Way Down
Pretty Stable
The essential information of the day-to-day investment outlook for Oil States includes many different criteria found on its balance sheet. An individual investor should monitor Oil States' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Oil States.

Cash And Equivalents

36.22 Million

  
Understanding current and past Oil States Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oil States' financial statements are interrelated, with each one affecting the others. For example, an increase in Oil States' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Oil States' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Oil States International. Check Oil States' Beneish M Score to see the likelihood of Oil States' management manipulating its earnings.

Oil States Stock Summary

Oil States competes with Oceaneering International, ChampionX, TechnipFMC PLC, Helix Energy, and Ranger Energy. 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 was incorporated in 1995 and is headquartered in Houston, Texas. Oil States operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 2373 people.
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6780261052
CUSIP678026105
LocationTexas; U.S.A
Business AddressThree Allen Center,
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.oilstatesintl.com/home-1218.html
Phone713 652 0582
CurrencyUSD - US Dollar

Oil States Key Financial Ratios

Oil States Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.2B1.1B1.1B1.0B1.8B
Net Debt283.8M148.3M155.8M137.7M114.2M108.5M
Cash8.5M72.0M52.9M42.0M47.1M73.4M
Other Assets28.7M62.9M32.9M25.7M23.1M34.0M
Total Liab503.9M394.6M389.9M374.8M336.9M320.1M
Total Current Assets483.4M423.6M426.7M462.8M488.0M718.3M
Other Current Liab53.0M36.9M36.9M42.9M35.3M50.6M
Retained Earnings797.7M329.3M281.6M272.0M284.9M270.7M
Accounts Payable78.4M46.4M63.3M73.3M67.5M107.2M
Net Receivables233.5M163.1M186.1M218.8M203.2M349.5M
Inventory221.3M170.4M168.6M182.7M202.0M298.4M
Other Current Assets20.1M36.1M38.4M19.3M35.6M22.7M
Short Term Debt33.9M33.0M31.2M30.1M14.4M21.3M
Intangible Assets230.1M205.7M185.7M169.8M153.0M148.6M
Common Stock726K733K739K766K772K626.7K
Other Liab62.5M37.6M28.7M25.4M29.2M30.0M
Long Term Debt222.6M165.8M160.5M135.1M135.5M270.3M
Good Will482.3M76.5M76.4M79.3M79.9M75.9M
Treasury Stock(616.8M)(621.2M)(624.0M)(625.6M)(563.0M)(534.9M)
Net Tangible Assets511.6M475.4M433.7M689.6M620.6M778.3M
Long Term Debt Total222.6M165.8M160.5M135.1M121.6M115.5M

Oil States Key Income Statement Accounts

The reason investors look at the income statement is to determine what Oil States' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense17.6M13.9M10.2M10.3M9.6M17.6M
Total Revenue1.0B638.1M573.2M737.7M782.3M1.5B
Gross Profit91.4M(22.3M)22.0M91.8M119.1M230.3M
Operating Income(24.4M)(534.3M)(59.0M)6.2M23.2M22.0M
Ebit98.8M(520.1M)(63.0M)(6.1M)25.4M24.1M
Ebitda98.9M(421.5M)17.7M61.3M86.2M81.9M
Cost Of Revenue925.9M660.3M551.1M645.9M663.2M1.2B
Income Before Tax(240.7M)(534.3M)(73.3M)(4.1M)15.8M15.0M
Net Income(231.8M)(468.4M)(64.0M)(9.5M)12.9M12.2M
Income Tax Expense(8.9M)(65.9M)(9.3M)5.5M2.9M2.8M
Research Development7M6.1M4.4M3.5M4.5M2.5M
Tax Provision(8.9M)(65.9M)(9.3M)5.5M2.9M3.1M
Interest Income262K13.9M10.2M291K1.4M1.3M
Net Interest Income(17.6M)(13.9M)(10.2M)(10.3M)(8.2M)(8.6M)

Oil States Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(10.8M)63.5M(19.2M)(10.8M)5.1M5.3M
Free Cash Flow81.3M120.0M(10.3M)12.6M25.9M24.6M
Other Non Cash Items205.4M448.9M8.4M920K(3.3M)(3.1M)
Capital Expenditures56.1M12.7M17.5M20.3M30.7M29.1M
End Period Cash Flow8.5M72.0M52.9M42.0M47.1M72.7M
Change To Inventory(10.8M)17.6M(10.3M)(17.4M)(19.8M)(20.8M)
Depreciation123.3M98.5M80.7M67.3M60.8M105.4M
Net Income(231.8M)(468.4M)(64.0M)(9.5M)12.9M12.2M
Change To Netincome198.8M425.2M5.3M7.9M9.1M8.6M
Change Receivables50.3M63.9M(24.4M)(35.4M)(40.8M)(38.7M)
Net Borrowings(91.0M)(54.1M)(10.2M)(18.6M)(16.7M)(15.9M)
Investments(52.0M)(3.7M)(6.6M)(22.7M)(22.5M)(23.6M)

Oil Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Oil States's current stock value. Our valuation model uses many indicators to compare Oil States value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil States competition to find correlations between indicators driving Oil States's intrinsic value. More Info.
Oil States International is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Oil States' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Oil States by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Oil States International Systematic Risk

Oil States' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oil States volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Oil States International correlated with the market. If Beta is less than 0 Oil States generally moves in the opposite direction as compared to the market. If Oil States Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oil States International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oil States is generally in the same direction as the market. If Beta > 1 Oil States moves generally in the same direction as, but more than the movement of the benchmark.

Oil States Thematic Clasifications

Oil States International is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Oil States Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oil States' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Oil States growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.13)

At this time, Oil States' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Oil States November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Oil States help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oil States International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oil States International based on widely used predictive technical indicators. In general, we focus on analyzing Oil Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oil States's daily price indicators and compare them against related drivers.

Additional Tools for Oil Stock Analysis

When running Oil States' price analysis, check to measure Oil States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.