OIS 54.85 Oil States International $OIS Hit a 52 w
Post# of 14
Posted On: 11/19/2014 11:29:57 AM
OIS 54.85 Oil States International $OIS Hit a 52 week low of 54.42 Closing the day 10:44 at 54.85 -0.07 -0.13% With a day low of 54.42 and a total volume of 164,266.
OIS Recent Posts: http://investorshangout.com/Oil-States-Intern...OIS-52197/
OIS Oil States International Recent Headline News
Earnings Look Back: Oil States International Is Down 3.6% Since Reporting Quarterly Results 2 Weeks Ago (OIS)
Comtex SmarTrend(R) - Mon Nov 17, 12:08PM CST
When Oil States International (NYSE:OIS) reported earnings 18 days ago on October 30th, 2014, analysts, on average, expected the company to report earnings of $0.98 on sales of $473.7 million. The company actually reported EPS of $1.07 on sales of $471.0 million, beating EPS estimates by $0.09 and missing revenue estimates by $2.7 million. Since the company's report, shares of Oil States International have fallen from $58.76 to $56.65, representing a loss of 3.6% in the past 18 days.
OIS: 55.12 (+0.20)
The Long Case For Civeo
USC Value Investing Group - at Seeking Alpha - Sat Nov 15, 4:00AM CST
OIS: 55.12 (+0.20), CVEO: 9.90 (-0.34)
Halliburton, Baker Hughes still higher after confirming merger talks
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 11:48AM CST
NOV: 71.73 (-0.32), CAM: 58.03 (-0.38), OIS: 55.12 (+0.20), OII: 67.16 (-1.01), HAL: 47.85 (-0.69), DRQ: 88.26 (-0.04), FTI: 54.33 (-0.32), FI: 19.60 (-0.58), SPN: 23.92 (-0.55), SLB: 94.21 (-1.07), BHI: 62.75 (-0.80)
Post Earnings Update: Oil States International Has Sunk 1.7% Lower in Past Week (OIS)
Comtex SmarTrend(R) - Mon Nov 10, 10:32AM CST
When Oil States International (NYSE:OIS) reported earnings a week ago on October 30th, 2014, analysts, on average, expected the company to report earnings of $0.98 on sales of $473.7 million. Oil States International actually reported earnings of $1.07 per share on sales of $471.0 million, beating EPS estimates by $0.09 and missing revenue estimates by $2.7 million. Since the company's report, shares of Oil States International have fallen from $58.76 to $57.79, representing a loss of 1.7% in the past 11 days.
OIS: 55.12 (+0.20)
Earnings Beat Analysis - National Oilwell Varco
CapitalCube - Seeking Alpha - Fri Nov 07, 1:48PM CST
By Chaith Kondragunta This report is effective October 30, 2014 and uses the limited information available as of that day to analyze company performance. Please refer to the other reports on CapitalCube for more detailed and up to date company...
NOV: 71.73 (-0.32), DRC: 81.35 (-0.02), OIS: 55.12 (+0.20), CAM: 58.03 (-0.38), FTI: 54.33 (-0.32), NR: 11.70 (-0.07), FET: 26.69 (-0.48), SLB: 94.20 (-1.08), BHI: 62.75 (-0.80)
Insider Trading Alert - OIS, PLCM And TRAK Traded By Insiders
at The Street - Fri Nov 07, 11:18AM CST
Stocks with insider trader activity include OIS, PLCM and TRAK
OIS: 55.12 (+0.20), TRAK: 45.19 (-0.57), PLCM: 13.00 (-0.20)
Will MRC Global (MRC) Beat Q3 Earnings on Inorganic Growth? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 04, 5:35PM CST
MRC Global Inc. (MRC), the prominent input distributor of the energy industry, is scheduled to report third-quarter results after the closing bell on Nov 6.
OIS: 55.12 (+0.20), ESV: 38.41 (-0.77), ORIG: 13.20 (+0.11), MRC: 21.32 (-0.48)
Oil States International's (OIS) CEO Cynthia Taylor on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Oct 31, 1:10PM CDT
OIS: 55.12 (+0.20)
Oil States International posts 3Q profit
Automated Insights - Thu Oct 30, 6:22PM CDT
HOUSTON (AP) _ Oil States International Inc. (OIS) on Thursday reported third-quarter earnings of $56.9 million.
OIS: 55.12 (+0.20)
Oil States beats by $0.09, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Oct 30, 4:24PM CDT
OIS: 55.12 (+0.20)
Oil States Announces Third Quarter 2014 Earnings of $1.07 Per Share
GlobeNewswire - Thu Oct 30, 4:18PM CDT
Oil States International, Inc. (NYSE:OIS) reported net income from continuing operations for the third quarter ended September 30, 2014 of $58.4 million, or $1.07 per diluted share. These results compare to net income from continuing operations of $35.5 million, or $0.64 per diluted share, reported in the third quarter of 2013.
OIS: 55.12 (+0.20)
Oil States Announces Third Quarter 2014 Earnings Conference Call
Thomson Reuters ONE - Tue Oct 14, 3:15PM CDT
Friday, October 31, 2014 at 11:00 am Eastern Time
OIS: 55.12 (+0.20)
Forum Energy Technologies Slumps: FET Tumbles 8.4% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 7:43AM CDT
Forum Energy Technologies has been witnessing a mixed current year earnings estimate and its share price has been declining for past few weeks
NOV: 71.73 (-0.32), POWR: 9.89 (-0.46), OIS: 55.12 (+0.20), FET: 26.69 (-0.48)
National Oilwell Upped to Buy on $3B Share Buyback Plan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 07, 3:45PM CDT
On Oct 4, Zacks Investment Research upgraded global large-cap energy equipment maker National Oilwell Varco Inc. (NOV) to a Zacks Rank #2 (Buy).
NOV: 71.72 (-0.33), MDR: 4.30 (+0.03), OIS: 55.12 (+0.20), SPN: 23.92 (-0.55)
Why Civeo (CVEO) Stock Is Tanking Today
at The Street - Mon Sep 29, 9:41AM CDT
Civeo (CVEO) shares are down by over 40% after announcing plans to redomicile to Canada, while also announcing fourth quarter revenue guidance well below expectations.
OIS: 55.12 (+0.20), CVEO: 9.90 (-0.34)
Global Downhole Tools Market Outlook 2019: Discovery of Shale Gas Reserves and Ultra-Deep Drilling Activities Drives the Downhole Tools Market.
M2 - Mon Sep 29, 4:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/74l4qq/downhole_tools) has announced the addition of the "Downhole Tools Market by Types, Application & Geography - Global trends & Forecast to 2019" report to their offering. The global downhole tools market value is expected to reach $4.32 billion by 2019, growing at a CAGR of 8.5 % from 2014 to 2019 The critical factors responsible for the growth of the market include the use of Flow & Pressure Control, Impurity Control, Drilling, Control Systems, and Handling Tools. Downhole tools are different tools engaged in the Bottom Hole Assembly (BHA) for work-over and completion activities. Bottom Hole Assembly is selected according to the formation characteristics of the reservoir. The rate of penetration also rises with optimal selection of these tools. The reason behind the employment of these tools is the increasing of oil production without practically increasing the cost engaged in oil recovery. Various operations for which these tools are used are fishing, casing, cementing, well-bottom communication, drilling, logging, fracturing and well measurements. This equipment is used at very extreme conditions like high temperatures, pressure so their vulnerability is high. The global downhole tools market is segmented firstly on the basis of its type such as flow & Pressure Control, Impurity Control, Drilling, Downhole Control Systems and Handling Tools. Secondly it is segmented on the basis of its application covering Well Drilling, Well Completion, Well Intervention, Formation & Evaluation, and Oil & Gas Production. Some of the key players include companies such as Baker Hughes Inc. (U.S.), Schlumberger (U.S.), Halliburton (U.S.), Weatherford (Ireland) and National Oilwell Varco (U.S.) Scope of the Report: By Application - Well Drilling - Well Completion - Well Intervention - Formation & Evaluation - Oil & Gas Production By Type - Flow & Pressure Control Tools - Impurity Control Tools - Drilling Tools - Downhole Control System - Handling Tools Companies Mentioned - Baker Hughes - Bilco Tools, Inc. - Excalibre Downhole Tools Limited - Halliburton - Logan Oil Tools Inc. - National Oilwell Varco, Inc. - Oil States International - Saint Gobain - Schlumberger Ltd. - Schoeller Bleckmann Oilfield Equipment Ag - United Drilling Tools Limited - Weatherford International Ltd. - Wenzel Downhole Tools For more information visit http://www.researchandmarkets.com/research/74...hole_tools
OIS: 55.12 (+0.20), WFT: 15.48 (-0.61), SLB: 94.20 (-1.08)
Oil States to Participate in Johnson Rice Conference
Thomson Reuters ONE - Wed Sep 24, 3:15PM CDT
HOUSTON, September 24, 2014 -- Oil States International, Inc. (NYSE: OIS) announced today that Lloyd A. Hajdik, Oil States' Senior Vice President, Chief Financial Officer and Treasurer, will present at the Johnson Rice & Company Energy Conference on Tuesday, September 30, 2014 at 1:05 p.m. Central Time. Oil States' presentation can be heard via a live webcast. A copy of the slides from Oil States' presentation will be posted to Oil States' website prior to the webcast.
OIS: 55.12 (+0.20)
Oilfield Equipment Rental Market 2014-2019: Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Others
M2 - Mon Sep 08, 3:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hl5xhc/oilfield) has announced the addition of the "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019" report to their offering. The oilfield equipment rental market will grow from an estimated $ 26,818 million in 2014 to $53,706 million by 2019 with a CAGR of 14.9% from 2014 to 2019 Most oilfield equipments are so expensive that it is better for the companies to rent instead of purchasing them. Renting provides significant savings over capital investment and helps in curtailing the inventory costs as well as the infrastructure to store the same. It also minimizes downtime, and hence the capital can be utilized for more profitable ventures. The global oilfield rental equipment market is projected to exhibits high growth on an account of rising oil & gas prices and increased E&P activities, influenced by rising energy demand. The revenue for OER market was $23,300 million globally for the year 2013. The market is estimated to grow with a projected CAGR of 14.9%, owing to extensive drilling activities being carried out globally. North America holds major market share followed by Asia-Pacific and Europe & Eurasia. In terms of individual countries, the market is dominated by U.S. on account of its flourishing drilling activities due to an increased focus on unconventional shale plays. Africa is projected to have the highest CAGR during next five years due to an increase in offshore E&P activities. Asia-Pacific market will be driven by increasing drilling activity especially in Australia, China, Russia and India. Whereas the flourishing oil & gas industry and increase in E&P spending will drive the growth in Latin American market due to the drilling activities taking place in Brazil. Drilling equipment holds the major market share due to their wide usage among the various types of oilfield equipments. The factors driving growth in the OER market are increasing drilling activity; rising oil prices (which compensate for the uneconomical field productivity affinity of the oilfield operators to rent rather than buy the oilfield equipment, and advancement in technology. All these factors hugely favor renting of the oilfield tools. OER is a highly developing market despite having a large base due to growing energy demand. The oilfield rental industry is very fragmented and offers opportunities for consolidation. This can be seen by the several major M&A activities taking place in the industry, as well as subsidiary formation by big players for the purpose of renting. There are very few industry leaders disconcerted over the optimal growth strategy for this market. In this industry, most of the players are very small and local rental companies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insights 4 Market Overview 5 Industry Trends 6 OER Market, By Type 7 Animal Feed Additives Market, By Geography 8 Competitive Landscape 9 Company Profiles - FMC Technologies - Halliburton Co. - Oil States International Inc. - Parker Drilling Co. - Seventy Seven Energy Inc. (Chesapeake Energy Corporation) - Superior Energy Services Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/hl5xhc/oilfield
OIS: 55.12 (+0.20), CHK: 22.88 (-0.18), WFT: 15.48 (-0.61), PKD: 3.80 (-0.12), FTI: 54.33 (-0.32), SSE: 10.20 (-0.20), SPN: 23.92 (-0.55)
Oil States to Participate in Barclays Conference
Thomson Reuters ONE - Wed Aug 27, 3:16PM CDT
HOUSTON, August 27, 2014 -- Oil States International, Inc. (NYSE: OIS) announced today that Cindy B. Taylor, Oil States' President and Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 3, 2014 at 3:05 p.m. Eastern Time. Oil States' presentation can be heard via a live webcast. A copy of the slides from Oil States' presentation will be posted to Oil States' website prior to the webcast.
OIS: 55.12 (+0.20)
Oil States Announces Extension of Share Repurchase Program
GlobeNewswire - Wed Aug 20, 4:30PM CDT
Oil States International, Inc. (NYSE:OIS) announced today that its Board of Directors has authorized an extension of the repurchase authorization of the Company's Common Stock to September 1, 2015. This authorization replaces the prior share repurchase authorization which was set to expire on September 1, 2014. The Company has approximately $219 million remaining available under the repurchase authorization and presently has approximately 54.1 million shares of Common Stock outstanding. The repurchases may be effected from time to time in accordance with applicable securities laws, through solicited or unsolicited transactions in the market, or in privately negotiated transactions. Subject to applicable securities laws, such purchases will be at times and in amounts as the Company deems appropriate.
OIS: 55.12 (+0.20)
OIS Recent Posts: http://investorshangout.com/Oil-States-Intern...OIS-52197/
OIS Oil States International Recent Headline News
Earnings Look Back: Oil States International Is Down 3.6% Since Reporting Quarterly Results 2 Weeks Ago (OIS)
Comtex SmarTrend(R) - Mon Nov 17, 12:08PM CST
When Oil States International (NYSE:OIS) reported earnings 18 days ago on October 30th, 2014, analysts, on average, expected the company to report earnings of $0.98 on sales of $473.7 million. The company actually reported EPS of $1.07 on sales of $471.0 million, beating EPS estimates by $0.09 and missing revenue estimates by $2.7 million. Since the company's report, shares of Oil States International have fallen from $58.76 to $56.65, representing a loss of 3.6% in the past 18 days.
OIS: 55.12 (+0.20)
The Long Case For Civeo
USC Value Investing Group - at Seeking Alpha - Sat Nov 15, 4:00AM CST
OIS: 55.12 (+0.20), CVEO: 9.90 (-0.34)
Halliburton, Baker Hughes still higher after confirming merger talks
Seeking Alpha - at Seeking Alpha - Fri Nov 14, 11:48AM CST
NOV: 71.73 (-0.32), CAM: 58.03 (-0.38), OIS: 55.12 (+0.20), OII: 67.16 (-1.01), HAL: 47.85 (-0.69), DRQ: 88.26 (-0.04), FTI: 54.33 (-0.32), FI: 19.60 (-0.58), SPN: 23.92 (-0.55), SLB: 94.21 (-1.07), BHI: 62.75 (-0.80)
Post Earnings Update: Oil States International Has Sunk 1.7% Lower in Past Week (OIS)
Comtex SmarTrend(R) - Mon Nov 10, 10:32AM CST
When Oil States International (NYSE:OIS) reported earnings a week ago on October 30th, 2014, analysts, on average, expected the company to report earnings of $0.98 on sales of $473.7 million. Oil States International actually reported earnings of $1.07 per share on sales of $471.0 million, beating EPS estimates by $0.09 and missing revenue estimates by $2.7 million. Since the company's report, shares of Oil States International have fallen from $58.76 to $57.79, representing a loss of 1.7% in the past 11 days.
OIS: 55.12 (+0.20)
Earnings Beat Analysis - National Oilwell Varco
CapitalCube - Seeking Alpha - Fri Nov 07, 1:48PM CST
By Chaith Kondragunta This report is effective October 30, 2014 and uses the limited information available as of that day to analyze company performance. Please refer to the other reports on CapitalCube for more detailed and up to date company...
NOV: 71.73 (-0.32), DRC: 81.35 (-0.02), OIS: 55.12 (+0.20), CAM: 58.03 (-0.38), FTI: 54.33 (-0.32), NR: 11.70 (-0.07), FET: 26.69 (-0.48), SLB: 94.20 (-1.08), BHI: 62.75 (-0.80)
Insider Trading Alert - OIS, PLCM And TRAK Traded By Insiders
at The Street - Fri Nov 07, 11:18AM CST
Stocks with insider trader activity include OIS, PLCM and TRAK
OIS: 55.12 (+0.20), TRAK: 45.19 (-0.57), PLCM: 13.00 (-0.20)
Will MRC Global (MRC) Beat Q3 Earnings on Inorganic Growth? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 04, 5:35PM CST
MRC Global Inc. (MRC), the prominent input distributor of the energy industry, is scheduled to report third-quarter results after the closing bell on Nov 6.
OIS: 55.12 (+0.20), ESV: 38.41 (-0.77), ORIG: 13.20 (+0.11), MRC: 21.32 (-0.48)
Oil States International's (OIS) CEO Cynthia Taylor on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Oct 31, 1:10PM CDT
OIS: 55.12 (+0.20)
Oil States International posts 3Q profit
Automated Insights - Thu Oct 30, 6:22PM CDT
HOUSTON (AP) _ Oil States International Inc. (OIS) on Thursday reported third-quarter earnings of $56.9 million.
OIS: 55.12 (+0.20)
Oil States beats by $0.09, misses on revenue
Seeking Alpha - at Seeking Alpha - Thu Oct 30, 4:24PM CDT
OIS: 55.12 (+0.20)
Oil States Announces Third Quarter 2014 Earnings of $1.07 Per Share
GlobeNewswire - Thu Oct 30, 4:18PM CDT
Oil States International, Inc. (NYSE:OIS) reported net income from continuing operations for the third quarter ended September 30, 2014 of $58.4 million, or $1.07 per diluted share. These results compare to net income from continuing operations of $35.5 million, or $0.64 per diluted share, reported in the third quarter of 2013.
OIS: 55.12 (+0.20)
Oil States Announces Third Quarter 2014 Earnings Conference Call
Thomson Reuters ONE - Tue Oct 14, 3:15PM CDT
Friday, October 31, 2014 at 11:00 am Eastern Time
OIS: 55.12 (+0.20)
Forum Energy Technologies Slumps: FET Tumbles 8.4% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 7:43AM CDT
Forum Energy Technologies has been witnessing a mixed current year earnings estimate and its share price has been declining for past few weeks
NOV: 71.73 (-0.32), POWR: 9.89 (-0.46), OIS: 55.12 (+0.20), FET: 26.69 (-0.48)
National Oilwell Upped to Buy on $3B Share Buyback Plan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Oct 07, 3:45PM CDT
On Oct 4, Zacks Investment Research upgraded global large-cap energy equipment maker National Oilwell Varco Inc. (NOV) to a Zacks Rank #2 (Buy).
NOV: 71.72 (-0.33), MDR: 4.30 (+0.03), OIS: 55.12 (+0.20), SPN: 23.92 (-0.55)
Why Civeo (CVEO) Stock Is Tanking Today
at The Street - Mon Sep 29, 9:41AM CDT
Civeo (CVEO) shares are down by over 40% after announcing plans to redomicile to Canada, while also announcing fourth quarter revenue guidance well below expectations.
OIS: 55.12 (+0.20), CVEO: 9.90 (-0.34)
Global Downhole Tools Market Outlook 2019: Discovery of Shale Gas Reserves and Ultra-Deep Drilling Activities Drives the Downhole Tools Market.
M2 - Mon Sep 29, 4:35AM CDT
Research and Markets (http://www.researchandmarkets.com/research/74l4qq/downhole_tools) has announced the addition of the "Downhole Tools Market by Types, Application & Geography - Global trends & Forecast to 2019" report to their offering. The global downhole tools market value is expected to reach $4.32 billion by 2019, growing at a CAGR of 8.5 % from 2014 to 2019 The critical factors responsible for the growth of the market include the use of Flow & Pressure Control, Impurity Control, Drilling, Control Systems, and Handling Tools. Downhole tools are different tools engaged in the Bottom Hole Assembly (BHA) for work-over and completion activities. Bottom Hole Assembly is selected according to the formation characteristics of the reservoir. The rate of penetration also rises with optimal selection of these tools. The reason behind the employment of these tools is the increasing of oil production without practically increasing the cost engaged in oil recovery. Various operations for which these tools are used are fishing, casing, cementing, well-bottom communication, drilling, logging, fracturing and well measurements. This equipment is used at very extreme conditions like high temperatures, pressure so their vulnerability is high. The global downhole tools market is segmented firstly on the basis of its type such as flow & Pressure Control, Impurity Control, Drilling, Downhole Control Systems and Handling Tools. Secondly it is segmented on the basis of its application covering Well Drilling, Well Completion, Well Intervention, Formation & Evaluation, and Oil & Gas Production. Some of the key players include companies such as Baker Hughes Inc. (U.S.), Schlumberger (U.S.), Halliburton (U.S.), Weatherford (Ireland) and National Oilwell Varco (U.S.) Scope of the Report: By Application - Well Drilling - Well Completion - Well Intervention - Formation & Evaluation - Oil & Gas Production By Type - Flow & Pressure Control Tools - Impurity Control Tools - Drilling Tools - Downhole Control System - Handling Tools Companies Mentioned - Baker Hughes - Bilco Tools, Inc. - Excalibre Downhole Tools Limited - Halliburton - Logan Oil Tools Inc. - National Oilwell Varco, Inc. - Oil States International - Saint Gobain - Schlumberger Ltd. - Schoeller Bleckmann Oilfield Equipment Ag - United Drilling Tools Limited - Weatherford International Ltd. - Wenzel Downhole Tools For more information visit http://www.researchandmarkets.com/research/74...hole_tools
OIS: 55.12 (+0.20), WFT: 15.48 (-0.61), SLB: 94.20 (-1.08)
Oil States to Participate in Johnson Rice Conference
Thomson Reuters ONE - Wed Sep 24, 3:15PM CDT
HOUSTON, September 24, 2014 -- Oil States International, Inc. (NYSE: OIS) announced today that Lloyd A. Hajdik, Oil States' Senior Vice President, Chief Financial Officer and Treasurer, will present at the Johnson Rice & Company Energy Conference on Tuesday, September 30, 2014 at 1:05 p.m. Central Time. Oil States' presentation can be heard via a live webcast. A copy of the slides from Oil States' presentation will be posted to Oil States' website prior to the webcast.
OIS: 55.12 (+0.20)
Oilfield Equipment Rental Market 2014-2019: Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Others
M2 - Mon Sep 08, 3:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hl5xhc/oilfield) has announced the addition of the "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019" report to their offering. The oilfield equipment rental market will grow from an estimated $ 26,818 million in 2014 to $53,706 million by 2019 with a CAGR of 14.9% from 2014 to 2019 Most oilfield equipments are so expensive that it is better for the companies to rent instead of purchasing them. Renting provides significant savings over capital investment and helps in curtailing the inventory costs as well as the infrastructure to store the same. It also minimizes downtime, and hence the capital can be utilized for more profitable ventures. The global oilfield rental equipment market is projected to exhibits high growth on an account of rising oil & gas prices and increased E&P activities, influenced by rising energy demand. The revenue for OER market was $23,300 million globally for the year 2013. The market is estimated to grow with a projected CAGR of 14.9%, owing to extensive drilling activities being carried out globally. North America holds major market share followed by Asia-Pacific and Europe & Eurasia. In terms of individual countries, the market is dominated by U.S. on account of its flourishing drilling activities due to an increased focus on unconventional shale plays. Africa is projected to have the highest CAGR during next five years due to an increase in offshore E&P activities. Asia-Pacific market will be driven by increasing drilling activity especially in Australia, China, Russia and India. Whereas the flourishing oil & gas industry and increase in E&P spending will drive the growth in Latin American market due to the drilling activities taking place in Brazil. Drilling equipment holds the major market share due to their wide usage among the various types of oilfield equipments. The factors driving growth in the OER market are increasing drilling activity; rising oil prices (which compensate for the uneconomical field productivity affinity of the oilfield operators to rent rather than buy the oilfield equipment, and advancement in technology. All these factors hugely favor renting of the oilfield tools. OER is a highly developing market despite having a large base due to growing energy demand. The oilfield rental industry is very fragmented and offers opportunities for consolidation. This can be seen by the several major M&A activities taking place in the industry, as well as subsidiary formation by big players for the purpose of renting. There are very few industry leaders disconcerted over the optimal growth strategy for this market. In this industry, most of the players are very small and local rental companies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insights 4 Market Overview 5 Industry Trends 6 OER Market, By Type 7 Animal Feed Additives Market, By Geography 8 Competitive Landscape 9 Company Profiles - FMC Technologies - Halliburton Co. - Oil States International Inc. - Parker Drilling Co. - Seventy Seven Energy Inc. (Chesapeake Energy Corporation) - Superior Energy Services Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/hl5xhc/oilfield
OIS: 55.12 (+0.20), CHK: 22.88 (-0.18), WFT: 15.48 (-0.61), PKD: 3.80 (-0.12), FTI: 54.33 (-0.32), SSE: 10.20 (-0.20), SPN: 23.92 (-0.55)
Oil States to Participate in Barclays Conference
Thomson Reuters ONE - Wed Aug 27, 3:16PM CDT
HOUSTON, August 27, 2014 -- Oil States International, Inc. (NYSE: OIS) announced today that Cindy B. Taylor, Oil States' President and Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 3, 2014 at 3:05 p.m. Eastern Time. Oil States' presentation can be heard via a live webcast. A copy of the slides from Oil States' presentation will be posted to Oil States' website prior to the webcast.
OIS: 55.12 (+0.20)
Oil States Announces Extension of Share Repurchase Program
GlobeNewswire - Wed Aug 20, 4:30PM CDT
Oil States International, Inc. (NYSE:OIS) announced today that its Board of Directors has authorized an extension of the repurchase authorization of the Company's Common Stock to September 1, 2015. This authorization replaces the prior share repurchase authorization which was set to expire on September 1, 2014. The Company has approximately $219 million remaining available under the repurchase authorization and presently has approximately 54.1 million shares of Common Stock outstanding. The repurchases may be effected from time to time in accordance with applicable securities laws, through solicited or unsolicited transactions in the market, or in privately negotiated transactions. Subject to applicable securities laws, such purchases will be at times and in amounts as the Company deems appropriate.
OIS: 55.12 (+0.20)
(0)
(0)Oil States International (OIS) Stock Research Links
Scroll down for more posts ▼