Stock on Watch: Oil States International Inc. (OIS)

Company Profile:

Oil States International, Inc. (Oil States) through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. The Company operates in two segments: The Offshore Products segment designs, manufactures, fabricates, inspects, assembles, repairs, tests, and markets subsea equipment and offshore vessel and rig equipment. offshore products and well site services. The Well Site Services segment offers a range of products and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle. The company was founded in 1995 and is headquartered in Houston, Texas.

Recent News:

Although North America’s onshore market is expected to remain “challenging” for the remainder of 2015, OIS’s management expects a steady offshore products segment business boost to provide a cushion to its dwindling well site services business. OIS’s offshore business in 4Q15 is expected to benefit from greater connector and subsea product contributions.

OIS-US‘s share price performance of -39.63% over the last 12 months is below its peer median but its 30-day trend in share price performance of -7.23% is better than the peer median.

Oil States International Inc. reported third-quarter earnings of $1.7 million. It had profit of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 11 cents per share. The results exceeded Wall Street expectations.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

OIL’s strengths can be seen in its better profitability. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 45.72. The current P/E ratio indicates it is undervalued compared to the average P/E ratio of the industry and the sector. We rate Oil States International Inc. (OIS) a Strong BUY.

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