UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ Form 10-K ____________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file no. 001-16337 Oil States International, Inc. (Exact name of registrant as specified in its charter) ( ...

Financial Data and Key Metrics Changes - The company generated revenues of $165 million and adjusted consolidated EBITDA of $19 million in Q4 2024 [11] - Adjusted net income totaled $5.5 million or $0.09 per share, excluding a gain of $15.3 million from the sale of an idled facility and $3.1 million in restructuring charges [12] - Cash flows from operations amounted to $18 million, with $14 million invested in CapEx [9][14] Business Line Data and Key Metrics Changes - Offshore manufactured product segment revenues grew 5% sequentially to $107 million, with adjusted segment EBITDA of $25 million, up 6% sequentially [12] - Completion and production services segment generated revenues of $30 million and adjusted segment EBITDA of $3.5 million, with a decline of $1.6 million or 5% sequentially when excluding exited operations [12][13] - Downhole technology segment reported revenues of $27 million with breakeven adjusted segment EBITDA [13] Market Data and Key Metrics Changes - International and offshore revenues accounted for 72% of consolidated revenues, while US land-driven revenues represented 28% [6] - The company expects 2025 full-year revenues to range between $700 million and $735 million, with EBITDA between $88 million and $93 million [19] Company Strategy and Development Direction - The company is focused on growing operations and strategically investing in profitable business areas, supported by advanced technologies [9] - Strategic priorities include optimizing global operations, capitalizing on offshore and international markets, and focusing on core competencies and technology differentiators [21] - The company aims to improve profitability in completion and production services and downhole technology segments through restructuring initiatives [17] Management's Comments on Operating Environment and Future Outlook - Management noted strong long-term prospects for oil, natural gas, and LNG, driving capital investments in offshore and international projects [15] - Domestic market conditions are expected to remain flat in 2025, but profitability is anticipated to improve due to restructuring efforts [17] - The company is optimistic about revenue growth from new technology introductions and international contract opportunities [18] Other Important Information - The company repurchased $9 million of common stock during the quarter [9] - Cash flows from operations are expected to remain strong in 2025, with planned CapEx of approximately $25 million [19] Q&A Session Summary Question: Focus on buybacks over debt reduction - Management feels comfortable with current debt levels and prioritizes shareholder returns through buybacks [25][26] Question: Revenue opportunity from FPSO growth - Management indicated potential revenue growth in offshore manufactured products, with key connectors valued between $15 million to $25 million per order [31][32] Question: Margin profile in completion and production services for 2025 - Management aims to improve margins to the 19% to 20% range in 2025, following a mid-teens range in 2024 [51] Question: Backlog and margin profile commentary - Management noted that their offshore manufactured product business has maintained a solid growth and margin profile over the years [57] Question: International and offshore market outlook - Management highlighted differentiated technology opportunities in Brazil and Southeast Asia, with active bidding and quoting activity [66][67] Question: US land activity trajectory - Management observed a lift in activity as early as January, focusing on selective product offerings and capital allocation [72][74]

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this energy services company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, ...

EXHIBIT 99.1 Oil States Announces Fourth Quarter 2024 Results HOUSTON, February 21, 2025 – Oil States International, Inc. (NYSE: OIS): | | | | | Three Months Ended | | | % Change | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | (Unaudited, In Thousands, Except Per Share Amounts) | | December 31, 2024 | | September 30, 2024 | | December 31, 2023 | Sequential | Year-over-Year | | Consolidated results: | | | | | | | | | | Revenues | $ | 164,595 | $ | 174,348 | $ | 208,266 | (6)% | (21)% | | (3) Op ...

I discussed Oil States International (NYSE: OIS ) in the past, and you can read the latest article here , published in August 2024. At the heel of 2024, I see OIS' strategic theme revolves around business consolidation, exit ofI have more than 14 years of experience in analyzing and writing on stocks. I write on both long and short sides in an unbiased manner. I have been covering the energy sectors for the past 7 years, with the primary focus on the oilfield equipment services sector. I also cover the Indu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-----------------------------------------------------|-------------------------------------------------------| | | | | For the transition p ...

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 conf ...

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. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this energy services company would post earnings of $0.04 per share when it actually produced earnings of $0.07, delivering a surprise of 75%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Oil Sta ...

EXHIBIT 99.1 Oil States Announces Third Quarter 2024 Results • Net loss of $14.3 million, or $0.23 per share, reported for the quarter, which included restructuring and other charges totaling $18.2 million ($17.0 million, after-tax, or $0.27 per share) • Adjusted net income of $2.7 million, or $0.04 per share, excluding these restructuring and other charges (a non-GAAP measure ) • Consolidated revenues of $174.3 million decreased 6% sequentially, driven primarily by lower U.S. land-based activity and transi ...

Oil States International (OIS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they ...