Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Oil States International (OIS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 36% in Oil States International (OIS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Handsome upstream activities are boosting the demand for drilling & production equipment, brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Oil States International, Inc. (NYSE:OIS ) Q4 2024 Earnings Conference Call February 21, 2024 10:00 AM ET Company Participants Ellen Pennington - Senior Counsel and Assistant Corporate Secretary Cindy Taylor - President and CEO Lloyd Hajdik - EVP and CFO Conference Call Participants Stephen Gengaro - Stifel Jim Rollyson - Raymond James Blake McLean - Daniel Energy Partners Operator Good morning. My name is Mark and I will be your conference operator today.
Oil States International (OIS) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.
OIS is streamlining operations, exiting underperforming locations, and introducing new products in managed pressure drilling and valve technology to drive revenue growth. Despite global crude oil demand concerns and cash flow deterioration, OIS's strategic initiatives and higher backlog for subsea production systems support a "Buy" rating. Collaborations, such as with Seadrill and new product introductions, are expected to enhance offshore operations.
Oil States International, Inc. (NYSE:OIS ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Ellen Pennington - Senior Counsel and Assistant Corporate Secretary Cindy Taylor - President and Chief Executive Officer Lloyd Hajdik - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants James Rollyson - Raymond James Stephen Gengaro - Stifel Sean Mitchell - Daniel Energy Partners Operator Good morning. My name is Mark, and I will be your conference operator today.
Oil States International (OIS) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago.
Oil States International (OIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Handsome upstream activities are boosting the demand for drilling & production equipment, brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).