OMS Energy Technologies Inc(OMSE)
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OMS Energy Technologies Inc. CEO How Meng Hock Takes Center Stage at DFIN Capital Markets Event
Globenewswire· 2025-09-26 10:00
Core Insights - OMS Energy Technologies Inc. recently participated in a panel at a DFIN event focused on U.S. IPOs for Southeast Asian companies, highlighting its successful Nasdaq listing earlier this year [1][2][3] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry, serving both onshore and offshore operators [4] - The company operates 11 strategically located manufacturing facilities across six key jurisdictions in the Asia Pacific, Middle Eastern, and North African (MENA) regions, ensuring rapid response and customized solutions [4] Event Participation - The DFIN event gathered corporate leaders and capital markets experts to discuss IPO strategies and challenges, where OMS's CEO shared insights on public listing preparation and post-IPO growth strategies [2][3] - Mr. How Meng Hock emphasized the learning journey of going public and the opportunities it presents for long-term shareholder value creation through innovation and execution excellence [3]
OMS Energy Technologies(OMSE.US) CEO How Meng Hock彭博專訪——能源轉型背景下的增長與全球佈局
Globenewswire· 2025-09-16 11:00
Core Insights - OMS Energy Technology Company (OMSE) is undergoing a transformation in the global energy market, focusing on brand building and global expansion following its successful IPO on NASDAQ in May 2025 [2][6] - The company emphasizes the complementary relationship between fossil fuels and renewable energy, highlighting ongoing demand for oil and gas while investing in carbon capture and other emerging technologies [3][4] - OMSE aims to enhance oil recovery from existing wells, which is expected to drive innovation and operational safety in the next 5 to 10 years [3][5] Company Overview - Founded in 1972, OMSE specializes in upstream oil and gas, providing engineering products and services for drilling and production, with operations in Southeast Asia and the Middle East [1][2] - The company has established 11 operational facilities in Southeast Asia and launched its largest production base in Saudi Arabia in 2022, employing around 600 people and serving over 200 global clients [1][2] Strategic Initiatives - OMSE's listing on NASDAQ is not just for financing but aims to create a new platform for future growth, leveraging its strong financial position and expanding global business [2][6] - The company has entered a strategic partnership with Ministry XR to integrate AI and robotics into its engineering services, focusing on predictive maintenance and automation [5][6] - OMSE has secured a 10-year supply agreement with Saudi Aramco, expected to generate annual revenues between $120 million and $200 million, and is exploring mergers and acquisitions to enhance its product offerings [6][7] Market Outlook - The global enhanced oil recovery (EOR) market is projected to reach $73.2 billion by 2030, with a compound annual growth rate (CAGR) of 6.8% from 2025 to 2030, indicating significant growth opportunities in the sector [4][6] - The company is committed to maintaining close ties with capital markets to enhance its recognition in the U.S. and achieve greater breakthroughs on the global stage [7]
OMSECEO彭博专访——能源转型背景下的增长与全球布局
Sou Hu Cai Jing· 2025-09-16 08:01
Core Insights - OMS Energy Technology Company (OMSE) is undergoing a transformation as it recently went public on NASDAQ, aiming for brand building and global expansion rather than just financing [2][5] - The demand for oil and gas is expected to persist, with a focus on enhancing recovery rates from existing wells rather than developing new ones [3] Company Overview - OMSE was established in 1972 and specializes in upstream oil and gas, providing engineering products and services for drilling and production [2] - The company has established 11 operational facilities in Southeast Asia and launched its largest production base in Saudi Arabia in 2022 [2] - OMSE employs approximately 600 people and is expanding its international presence [2] Market Trends - The global energy market is witnessing a shift, with oil and gas demand remaining significant despite the rise of renewable energy [3] - Indonesia plans to increase its crude oil production from 600,000 barrels to 1 million barrels per day, while Malaysia and Thailand are focusing on natural gas development [3] - The Enhanced Oil Recovery (EOR) market is projected to reach $73.2 billion by 2030, with a compound annual growth rate of 6.8% from 2025 to 2030 [3] Strategic Focus - OMSE aims to provide engineering products to international oil companies and is increasing its R&D investments to enhance product and technology competitiveness [4] - The company is considering mergers and acquisitions to diversify its product offerings and enter niche markets related to recovery enhancement and well completion [4] - OMSE plans to strengthen its presence in the U.S. market and maintain close ties with capital markets to drive global growth [4]
OMS Energy Technologies Inc. Celebrates Nasdaq Listing with Opening Bell Ceremony, Highlighting Post-IPO Momentum and Growth
Globenewswire· 2025-08-28 21:00
Core Insights - OMS Energy Technologies Inc. successfully completed its initial public offering (IPO) on May 13, 2025, and celebrated by ringing the Nasdaq Opening Bell, marking a significant milestone in its 50-year history in the energy sector [1][2]. Company Overview - OMS is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry, serving both onshore and offshore operators [6]. - The company operates 11 strategically located manufacturing facilities across the Asia Pacific, Middle Eastern, and North African regions, ensuring rapid response times and customized solutions [6]. Financial Performance - For the fiscal year ending March 31, 2025, OMS reported total revenues of US$203.6 million, indicating strong financial performance [4]. - The company has secured a 10-year supply agreement with Saudi Aramco, projected to generate annual revenues between US$120 million and US$200 million [4]. Strategic Initiatives - OMS is focusing on strategic expansion initiatives and increasing investments in innovative research and development (R&D) to enhance its operational capabilities [2]. - The company has recently secured new orders, including a contract for surface wellhead systems in Angola and a renewed three-year agreement with PTTEP in Thailand, which deepens its presence in Southeast Asia [4]. Innovation and Technology - OMS is advancing its innovation pipeline, having completed Phase 1 of its proof of concept for high-pressure, high-temperature (HPHT) gate valves utilizing Additive Manufacturing technology [4].
OMS Energy Technologies Inc. 公布 2025 财年财务业绩
Globenewswire· 2025-07-28 06:00
Core Insights - OMS Energy Technologies Inc. reported strong financial performance for the fiscal year ending March 31, 2025, with significant revenue growth and improved profit margins [3][4][5]. Financial Highlights - Total revenue for fiscal year 2025 reached $203.6 million, a substantial increase from $16.8 million in the same period of the previous year [4][5]. - Gross profit was $68.99 million, with a gross margin of 33.9%, up from 27.6% in the prior year [5][7]. - Operating profit increased to $59.87 million, compared to $3.24 million in the previous year [8][9]. - Net profit for the fiscal year was $46.98 million, a decrease from $82.09 million in the previous year, primarily due to a one-time bargain purchase gain in the prior year [9][17]. Revenue Breakdown - Sales from specialty connections and pipes amounted to $143.1 million, significantly up from $5.1 million in the same period of the previous year [6]. - Revenue from surface wellhead systems and Christmas tree equipment was $8.7 million, an increase from $3 million in the previous year [6]. - High-end threading services generated $36.8 million, up from $0.76 million in the previous year [6]. - Other ancillary services contributed $15 million, compared to $2.4 million in the previous year [6]. Cost and Expenses - Total cost of revenue was $134.62 million, leading to a gross profit of $68.99 million [7][17]. - Selling, general, and administrative expenses were $9.12 million, slightly higher than $8.57 million in the previous year [8][17]. Cash Flow and Balance Sheet - As of March 31, 2025, the company held cash and cash equivalents of $72.95 million, up from $43.47 million the previous year [10][15]. - Net cash provided by operating activities was $40.5 million, compared to $24.05 million in the previous year [10][20]. - Total assets increased to $170.51 million from $153.43 million the previous year, while total liabilities decreased to $35.92 million from $73.08 million [15][16].
OMS Energy Technologies Inc. Filed 2025 Annual Report on Form 20-F
Globenewswire· 2025-07-25 11:00
Core Viewpoint - OMS Energy Technologies Inc. has filed its annual report on Form 20-F for the fiscal year ended March 31, 2025, with the U.S. SEC on July 25, 2025 [1] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry [3] - The company serves both onshore and offshore exploration and production operators across six vital jurisdictions in the Asia Pacific, Middle Eastern, and North African (MENA) regions [3] - OMS operates 11 strategically located manufacturing facilities in key markets, ensuring rapid response times and customized technical solutions [3] - In addition to SWS and OCTG, OMS provides premium threading services to enhance operational efficiency for its customers [3]
OMS Energy Technologies Inc. Announces Fiscal Year 2025 Financial Results
Globenewswire· 2025-07-24 09:00
Core Insights - OMS Energy Technologies Inc. reported strong financial results for fiscal year 2025, highlighting double-digit revenue growth, expanded gross margin, and increased operating profit, attributed to disciplined execution and new customer contracts since its IPO in May 2025 [3][4][5] Financial Performance - Total revenues for fiscal year 2025 reached $203.6 million, a significant increase from $18.2 million for the prior period and $163.3 million for the previous fiscal year [4][5] - Gross margin improved to 33.9% in 2025, up from 27.6% and 29.9% in the prior periods, reflecting higher sales volume and cost efficiencies [5][8] - Operating profit rose to $59.9 million, compared to $3.2 million and $40.2 million in the previous periods, indicating enhanced cost discipline and economies of scale [5][10] - Net profit for the year was $47.0 million, with basic and diluted earnings per share both at $1.18, compared to $2.19 in the previous fiscal year [12][20] Revenue Breakdown - Revenue from specialty connectors and pipes was $143.1 million, a substantial increase from $5.1 million and $113.5 million in prior periods, driven by higher demand from a major customer [6] - Revenue from surface wellhead and Christmas tree equipment was $8.7 million, up from $3.0 million but down from $6.8 million, affected by delayed demand from a key customer in Indonesia [6] - Premium threading services generated $36.8 million, compared to $7.6 million and $31.1 million in previous periods, with a slight decrease attributed to stable rig activities [6] - Other ancillary services saw revenues of $15.0 million, up from $2.4 million and $11.9 million, due to increased demand for engineering testing and maintenance services [6] Cost and Expenses - Cost of revenues for 2025 was $134.6 million, compared to $13.2 million and $114.5 million in prior periods, reflecting the increase in total revenues [7][20] - Selling, general, and administrative expenses were $9.1 million, a decrease from $1.8 million and $8.6 million in previous periods, primarily due to reduced legal and professional fees [9] Balance Sheet and Cash Flow - As of March 31, 2025, cash and cash equivalents totaled $75.8 million, up from $45.4 million a year earlier, indicating improved liquidity [13] - Net cash provided by operating activities was $40.5 million, compared to a net cash used of $2.9 million in the prior period [13][24]
OMS Energy Technologies Inc. to Share Strategic Insights at the Third Annual ORY APAC-US Conference on Long-Term Growth
Globenewswire· 2025-07-03 10:00
Core Insights - OMS Energy Technologies Inc. CEO How Meng Hock will participate in a leadership panel at the Third Annual ORY APAC-US Conference on July 8-9, 2025, in Singapore [1][2] - The panel session is titled "The Long Game: Building Businesses with Staying Power," focusing on navigating economic cycles and delivering sustainable long-term value [2] Company Overview - OMS, founded in 1972, has established itself as a trusted partner in key energy markets across Asia Pacific, MENA, and West Africa [3] - The company has been led by CEO How Meng Hock since 2014 and successfully listed on Nasdaq in May 2025, continuing to accelerate growth through strong operational capabilities [3] - OMS is committed to deepening customer relationships and investing in advanced manufacturing and R&D to drive innovation and sustainable growth [3][5] Conference Details - The conference is co-hosted by Ortoli Rosenstadt LLP and the Nasdaq Stock Market, serving as a platform for global collaboration on innovation and capital market strategy [4] - It brings together financial professionals, investors, and corporate leaders for high-level discussions and strategic networking [4]
OMS Energy Technologies Inc. to Share Strategic Insights at the Third Annual ORY APAC-US Conference on Long-Term Growth
GlobeNewswire News Room· 2025-07-03 10:00
Core Insights - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems and oil country tubular goods for the oil and gas industry [1][5] - The CEO, Mr. How Meng Hock, will participate in a leadership panel at the Third Annual ORY APAC-US Conference, focusing on sustainable business practices [2][4] - OMS has been operational since 1972 and has established itself as a trusted partner in key energy markets across Asia Pacific, MENA, and West Africa [3] Company Overview - OMS Energy Technologies Inc. was founded in 1972 and has grown to serve critical energy markets in Asia Pacific, MENA, and West Africa [3] - The company has 11 strategically located manufacturing facilities that ensure rapid response times and customized solutions [5] - OMS focuses on deepening customer relationships and investing in advanced manufacturing and R&D to drive innovation and sustainable growth [3][5] Recent Developments - Mr. How Meng Hock has been the CEO since 2014 and oversaw the company's successful Nasdaq listing in May 2025 [3] - Following the IPO, OMS continues to accelerate its growth, supported by strong operational capabilities and a commitment to engineering excellence [3] - The conference co-hosted by Ortoli Rosenstadt LLP and the Nasdaq Stock Market aims to foster global collaboration and dialogue on innovation and capital market strategy [4]
OMS Energy: A Strong Buy Based On Capital Cycle Dynamics And Robust Fundamentals
Seeking Alpha· 2025-06-28 07:22
Group 1 - OMS Energy Technologies Inc. (OMSE) has experienced a decline of approximately 19% since its initial public offering (IPO) [1] - An investigation into the firm's capital cycle and economics suggests that OMS Energy Technologies presents a compelling investment opportunity [1] - Joseph Noko, an investment analyst with a strong track record of generating over 100% annualized portfolio returns, emphasizes the potential of OMS Energy Technologies [1]