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02.08.2025 03:23:41

Oil States (OIS) Q2 Offshore Sales Up 5%

Oil States International (NYSE:OIS), a provider of specialized products and services for the offshore oil and gas industry, reported Q2 2025 earnings on July 31, 2025. The most notable update was a continued shift toward offshore and international projects, helping offset a significant downturn in U.S. land-based activity. The company reported adjusted diluted earnings per share (EPS) of $0.09 (non-GAAP), which exceeded Wall Street estimates on a non-GAAP basis. Revenue (GAAP) totaled $165.4 million, missing the expected $170.7 million (GAAP). Overall, the period reflected solid execution in international markets but ongoing weakness in U.S. land operations and mixed results for cost management. Source: Analyst estimates for the quarter provided by FactSet. Oil States International supplies highly engineered products and services for customers in the offshore and land-based oil and gas markets. Its core business includes the design and manufacturing of equipment for offshore platforms and subsea oilfield installations, as well as downhole technologies used in well construction and completion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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