NYSE:OIS

Stock Analysis Report

Oil States International

Executive Summary

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.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Oil States International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

OIS

2.4%

US Energy Services

1.0%

US Market


1 Year Return

-55.8%

OIS

-46.9%

US Energy Services

6.7%

US Market

Return vs Industry: OIS underperformed the US Energy Services industry which returned -46.9% over the past year.

Return vs Market: OIS underperformed the US Market which returned 6.7% over the past year.


Share holder returns

OISIndustryMarket
7 Day-0.5%2.4%1.0%
30 Day-16.0%-10.2%-1.8%
90 Day-11.6%-17.0%-1.8%
1 Year-55.8%-55.8%-45.4%-46.9%9.1%6.7%
3 Year-59.6%-59.6%-52.6%-58.4%46.1%36.6%
5 Year-77.3%-77.3%-64.6%-69.8%66.9%48.6%

Price Volatility Vs. Market

How volatile is Oil States International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Oil States International undervalued based on future cash flows and its price relative to the stock market?

3%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: OIS ($12.99) is trading below our estimate of fair value ($13.42)

Significantly Undervalued: OIS is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: OIS is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.

PE vs Market: OIS is unprofitable, so we can't compare its PE Ratio to the US market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate OIS's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: OIS is good value based on its PB Ratio (0.6x) compared to the US Energy Services industry average (0.7x).


Next Steps

Future Growth

How is Oil States International expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

117.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: OIS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: OIS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: OIS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: OIS's revenue (9.3% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: OIS's revenue (9.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: OIS's Return on Equity is forecast to be low in 3 years time (0.3%).


Next Steps

Past Performance

How has Oil States International performed over the past 5 years?

-61.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OIS is unprofitable, and losses have increased over the past 5 years at a rate of -61.6% per year.

Accelerating Growth: Unable to compare OIS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OIS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-13.1%).


Return on Equity

High ROE: OIS has a negative Return on Equity (-3.01%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: OIS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: OIS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Oil States International's financial position?


Financial Position Analysis

Short Term Liabilities: OIS's short term assets ($511.4M) exceeds its short term liabilities ($191.6M)

Long Term Liabilities: OIS's short term assets (511.4M) exceeds its long term liabilities (386.4M)


Debt to Equity History and Analysis

Debt Level: OIS's debt to equity ratio (21%) is considered satisfactory

Reducing Debt: OIS's debt to equity ratio has increased from 14.5% to 21% over the past 5 years.

Debt Coverage: OIS's debt is well covered by operating cash flow (41.1%).

Interest Coverage: Insufficient data to determine if OIS's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: OIS has a high level of physical assets or inventory.

Debt Coverage by Assets: OIS's debt is covered by short term assets (assets are 1.717950x debt).


Next Steps

Dividend

What is Oil States International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage3.2%forecastin3Years0%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate OIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate OIS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if OIS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OIS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OIS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Oil States International's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Cindy Taylor (57yo)

12.4yrs

Tenure

US$4,796,971

Compensation

Ms. Cynthia B. Taylor, also known as Cindy, has been the President and Chief Executive Officer of Oil States International Inc. since May 22, 2006 and since May 1, 2007 respectively. Ms. Taylor served as t ...


CEO Compensation Analysis

Compensation vs. Market: Cindy's total compensation ($USD4.80M) is about average for companies of similar size in the US market ($USD2.71M).

Compensation vs Earnings: Cindy's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: OIS's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

5.8yrs

Average Tenure

67yo

Average Age

Experienced Board: OIS's board of directors are considered experienced (5.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$61,29030 Apr 19
Christopher Cragg
EntityIndividual
Role
Chief Operating Officer
Executive Vice President of Operations
Shares3,000
Max PriceUS$20.43
SellUS$121,85120 Feb 19
Philip Moses
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Offshore & Manufactured Products
Shares6,583
Max PriceUS$18.51

Ownership Breakdown


Management Team

  • Brian Taylor (56yo)

    VP, Controller & Chief Accounting Officer

    • Tenure: 3.1yrs
  • Chris Cragg (58yo)

    Executive Vice President of Operations

    • Tenure: 13.4yrs
    • Compensation: US$2.28m
  • Cindy Taylor (57yo)

    President

    • Tenure: 12.4yrs
    • Compensation: US$4.80m
  • Lloyd Hajdik (53yo)

    Executive VP

    • Tenure: 5.8yrs
    • Compensation: US$2.04m
  • David Wesson

    Chief Technology Officer

    • Tenure: 0.3yrs
  • Jeff Steen (60yo)

    Executive Vice President of Human Resources & Legal

    • Tenure: 3.4yrs
    • Compensation: US$2.24m
  • William Maxwell

    Corporate Secretary

    • Tenure: 0yrs
  • Scott Moses (51yo)

    Executive VP & President of Offshore & Manufactured Products

    • Tenure: 4.3yrs
    • Compensation: US$1.55m
  • Patricia Gil

    Director of Investor Relations

    • Tenure: 0yrs

Board Members

  • S. Nelson (77yo)

    Director

    • Tenure: 15.3yrs
    • Compensation: US$207.01k
  • William Van Kleef (67yo)

    Director

    • Tenure: 13.4yrs
    • Compensation: US$216.51k
  • Larry Dickerson (67yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$200.01k
  • Chris Seaver (70yo)

    Director

    • Tenure: 11.4yrs
    • Compensation: US$205.01k
  • Cindy Taylor (57yo)

    President

    • Tenure: 12.4yrs
    • Compensation: US$4.80m
  • Bob Potter (68yo)

    Chairman

    • Tenure: 1.2yrs
    • Compensation: US$263.82k
  • Hallie Vanderhider (61yo)

    Director

    • Tenure: 0.3yrs
  • Darrell Hollek (61yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$164.27k
  • Joe Wright (59yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$163.27k

Company Information

Oil States International, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oil States International, Inc.
  • Ticker: OIS
  • Exchange: NYSE
  • Founded: 1995
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$785.996m
  • Shares outstanding: 60.51m
  • Website: https://www.oilstatesintl.com

Number of Employees


Location

  • Oil States International, Inc.
  • Three Allen Center
  • Suite 4620
  • Houston
  • Texas
  • 77002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OISNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2001
OI2DB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2001

Biography

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 wo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:31
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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