Christopher Cragg - Oil States Executive Vice President - Operations

OIS Stock  USD 5.44  0.08  1.49%   

President

Mr. Christopher E. Cragg is Executive Vice President Operations of the Oil States International, Inc. since May 2016Mr. Cragg joined the Company in February 2001 as Vice President Tubular. He has served as Executive Vice President, Operations of the Company since May 2016 and as Senior Vice President of Operations from May 2006 to May 2016. Mr. Cragg was Executive Vice PresidentChief Financial Officer of Sooner, Inc., a predecessor of our Company, from December 1999 to February 2001. Mr. Cragg also served as President of Sooner from October 2003 until May 2006. From April 1994 to June 1999, he was Vice President and Controller of Ocean Energy, Inc., an independent oil and gas exploration and production company, and its predecessor companies. Mr. Cragg served as ManagerInternal Audit with Cooper Industries, a manufacturer of diversified products, from April 1993 to April 1994 and as a senior manager with Price Waterhouse, a public accounting firm, from August 1983 to April 1993. Since 2008, Mr. Cragg has served as a director of Powell Industries, Inc., a company that manufactures and services electrical energy systems, and serves on the audit and compensation committees and, beginning in February 2011, as Chairman of the compensation committee. Mr. Cragg was elected to the Board of Trustees of Southwestern University in June 2015 since 2016.
Age 58
Tenure 8 years
Address Three Allen Center, Houston, TX, United States, 77002
Phone713 652 0582
Webhttps://www.oilstatesintl.com/Home-1218.html
Cragg is past Chairman of the Petroleum Equipment & Services Association and currently serves as a director. He graduated Cum Laude with a B.B.A. degree from Southwestern University and is a Certified Public Accountant.

Oil States Management Efficiency

The company has Return on Asset of 0.0127 % which means that on every $100 spent on assets, it made $0.0127 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0296) %, meaning that it generated no profit with money invested by stockholders. Oil States' management efficiency ratios could be used to measure how well Oil States manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Oil States' Return On Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.02 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Oil States' Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.95 in 2024, whereas Other Current Assets are likely to drop slightly above 22.7 M in 2024.
Oil States International has 161.35 M in debt with debt to equity (D/E) ratio of 0.3, which may show that the company is not taking advantage of profits from borrowing. Oil States International has a current ratio of 2.14, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Oil to invest in growth at high rates of return.

Similar Executives

Showing other executives

PRESIDENT Age

Alf MelinTechnipFMC PLC
54
Dianne RalstonTechnipFMC PLC
52
David IsaacCactus Inc
59
David PatersonNewpark Resources
52
Richard AlabasterTechnipFMC PLC
58
Stephen TadlockCactus Inc
41
Philip BeierlOceaneering International
64
Daniel ChurayMRC Global
58
Jay NuttChampionX
55
Joel BenderCactus Inc
64
Karl WittMRC Global
59
Earl ChildressOceaneering International
58
Martin McDonaldOceaneering International
60
William ODellChampionX
53
Edward EarleNewpark Resources
51
Krisztina DoroghaziTechnipFMC PLC
52
Agnieszka KmieciakTechnipFMC PLC
46
Justin RounceTechnipFMC PLC
57
Mark JohnsonNow Inc
41
Steven BenderCactus Inc
41
Alan CurtisOceaneering International
58
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. Oil States International (OIS) is traded on New York Stock Exchange in USA. It is located in Three Allen Center, Houston, TX, United States, 77002 and employs 2,752 people. Oil States is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Oil States International Leadership Team

Elected by the shareholders, the Oil States' board of directors comprises two types of representatives: Oil States inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oil. The board's role is to monitor Oil States' management team and ensure that shareholders' interests are well served. Oil States' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Oil States' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lloyd CPA, CFO VP
Cynthia CPA, CEO President
E Wright, Independent Director
Ellen Pennington, Counsel Secretary
Christopher Seaver, Independent Director
Brian CPA, Controller VP
Cynthia Taylor, President, Chief Executive Officer, Director
Patricia Gil, Director Relations
Darrell Hollek, Independent Director
Denise CastilloRhodes, Independent Director
Philip Moses, Executive Vice President, Offshore, Manufactured Products and Downhole Technologies
Robert Potter, Independent Chairman of the Board
S Nelson, Independent Director
Lloyd Hajdik, Chief Financial Officer, Executive Vice President, Treasurer
Denise Rhodes, Independent Director
Lawrence Dickerson, Independent Director
William Maxwell, Corporate Secretary
Lias Steen, Executive Vice President - Human Resources and Legal
William Kleef, Independent Director
Brian Taylor, Senior Vice President, Chief Accounting Officer, Controller
Christopher Cragg, Executive Vice President - Operations
Hallie Vanderhider, Independent Director

Oil Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Oil States a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.