Zacks Industry Outlook NOV, Oil States International and Natural Gas Services
NOV, Oil States International and Natural Gas Services have been highlighted in this Industry Outlook article.
Oil States International, Inc. (OSI), a global entity operating via its various subsidiaries, delivers a comprehensive suite of products and services tailored ...
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Est. EPS $0.13 · Revenue $164.47M · 3 analysts
Est. EPS $0.18 · Revenue $177.64M · 3 analysts
Est. EPS $0.56 · Revenue $643.88M · 2 analysts
Est. EPS $0.12 · Revenue $164.90M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $669.0M | -3.4% | -8.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-109.4M | -871.5% | +433.4% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +12.8% | -16.9% | -36.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -0.7% | -171.6% | -258.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -16.3% | -905.8% | +483.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $73.9M | +781.6% | -50.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +11.1% | +812.7% | -64.1% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 15.3% | -30.9% | -51.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.86x | -41.1% | +21.4% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $883.4M | -12.1% | -2.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -1.86 vs 0.31 | -709.0% | 0.10 vs 0.11 | -7.0% |
| Revenue Surprise | $669.0M vs $669.5M | -0.1% | $132.9M vs $158.0M | -15.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | POTTER ROBERT L | director | Common Stock | A | 1,561 | $8.01 |
| May 12, 2026 | Wright E Joseph | director | Common Stock | A | 16,760 | — |
| May 12, 2026 | Vanderhider Hallie A. | director | Common Stock | A | 16,760 | — |
| May 12, 2026 | POTTER ROBERT L | director | Common Stock | A | 16,760 | — |
| May 12, 2026 | Hollek Darrell E | director | Common Stock | A | 16,760 | — |
Operator: Hello, everyone. Thank you for joining us, and welcome to the Oil States 2Q '26 earnings call. [Operator Instructions] I will now turn the conference over to Ellen Pennington, Senior Counsel and Vice President of HR. Ellen, please go ahead. Ellen Pennington: Thank you, Trevor. Good morning, and welcome to Oil States' second quarter 2026 earnings conference call. Our call today will be led by our President and CEO, Lloyd Hajdik, and Matt Autenrieth, Oil States' Executive Vice President and Chief Financial Officer. Before we begin, we would like to caution listeners regarding forward-looking statements. To the extent that our remarks today contain information other than historical information, please note that we are relying on the safe harbor protections afforded by federal law. No one should assume that these forward-looking statements remain valid later in the quarter or beyond. Any such remarks should be weighed in the context of the many factors that affect our business, including those risks disclosed in our 2025 Form 10-K and Form 10-K/A, along with other recent SEC filings. This call is being webcast and can be accessed at Oil States' website. A replay of the conference call will be available 2 hours after the completion of this call and will continue to be available for 12 months. I'll now turn the call over to Lloyd. Lloyd Hajdik: Thanks, Ellen, and good morning, everyone. Thank you for joining our conference call today, where we will discuss our second quarter of 2026 results and provide our thoughts on market trends, in addition to discussing our company-specific strategy and outlook for the remainder of the year. As we progress through 2026, our end markets continue to be influenced by a combination of constructive long-term fundamentals and ongoing near-term uncertainty. During the second quarter, commodity prices remained volatile, driven largely by geopolitical developments, supply disruptions, and moderated expectations for global economic growth. Conflict in the Middle East region continues to impact our operations and again contributed to certain contract award delays. Notwithstanding these and other award delays, we achieved a book-to-bill ratio of 1.2x. While these dynamics have tempered near-term revenue conversion in our project-driven businesses, they do not change our long-term offshore and international opportunity set. The need for secure and diversified energy supply continues to drive longer-cycle deepwater investment as well as incremental land-based activity levels. We believe that national oil companies and major operators will refocus on increasing production capacity, making multi-year investments to meet global energy demand once the Middle East disruptions settle down. In the United States, customer activity rose modestly as operators continued to demonstrate capital discipline and prioritize operational efficiency and return of capital to stockholders. During the second quarter, we generated revenues …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Cynthia Taylor | Advisor | USD 2,679,383 | Female | 1962 | Active |
Philip S. Moses | Executive Vice President & Chief Operating Officer | USD 1,185,286 | Male | 1968 | Active |
Lloyd A. Hajdik | President, CEO & Director | USD 1,176,117 | Male | 1966 | Active |
Matthew E. Autenrieth | Executive Vice President, Chief Financial Officer & Treasurer | USD 1,176,117 | Male | — | Active |
Brian E. Taylor | Senior Vice President, Controller & Chief Accounting Officer | USD 677,113 | Male | 1963 | Active |
William E. Maxwell | VP of Legal & Corporate Secretary | — | Male | — | Active |
Ellen Pennington | Counsel & Assistant Corporate Secretary | — | Female | — | Active |
NOV, Oil States International and Natural Gas Services have been highlighted in this Industry Outlook article.
Oil States International NYSE: OIS reported second-quarter revenue of $157 million and adjusted EBITDA of $19 million, representing sequential increases of 8% and 14%, respectively, as growth in its Downhole Technologies and Completion and Production Services businesses supported results.
Softer equipment demand and conservative capital spending by upstream players make the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. NOV, OIS and NGS are trying to survive industry challenges.
Oil States International, Inc. (OIS) Q2 2026 Earnings Call Transcript
Oil States International (OIS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.09 per share a year ago.