Oil States International

#5690

Rank

$452.99M

MarketCap US

US United States

Country

Summary
Oil States International, Inc., through its subsidiaries, provides oilfield products and services for the drilling, completion, subsea, production, and infrastructure sectors of the oil and gas industry worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle. It also provides wellhead isolation, frac valve, wireline and coiled tubing support, flowback and well testing, pipe recovery systems, gravel pack and sand control, blowout preventer, and drilling services. The Downhole Technologies segment provides oil and gas perforation systems, and downhole tools in support of completion, intervention, wireline, and well abandonment operations. This segment also designs, manufactures, and markets its consumable engineered products to oilfield service, and exploration and production companies. The Offshore/Manufactured Products segment designs, manufactures, and markets capital equipment utilized on floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels; and short-cycle and other products. Its products include flexible bearings, advanced connector systems, high-pressure riser systems, deepwater mooring systems, cranes, subsea pipeline products, and blow-out preventer stack integration products. This segment also provides short-cycle products, such as valves, elastomers, and other specialty products that are used in the land-based drilling and completion markets; and other products for use in industrial, military, and other applications. In addition, it offers specialty welding, fabrication, cladding and machining, offshore installation, and inspection and repair services. The company was incorporated in 1995 and is headquartered in Houston, Texas.

History

Oil States International, Inc. was founded in 1988. The Company went public in November 1997, entering the industrial goods sector. In 1998 Oil States acquired CoRayVac, Inc., which produces products used in the production of hydrocarbons and related services. Oil States also acquired Packer Products and Services, LLC in 1998, a company that specializes in equipment used in well completion as well as wellhead maintenance and repair.


Mission
Deliver exceptional services and products, driven by goal-focused teams that are uncompromising in their commitment to safety and quality.

Vision
To be a global leader in the oil services industry by exceeding the expectations of our customers.

Key Team

Mr. Brian E. Taylor (Sr. VP, Controller & Chief Accounting Officer)

Patricia Gil (Director of Investor Relations)

William E. Maxwell (Corp. Sec.)

Ms. Ellen Pennington (Counsel & Assistant Corp. Sec.)


Recognition and Awards
Oil States International, Inc. has received multiple awards and recognitions throughout the years including the following: 2018 Houston Business Journal Healthiest Employer, 2019 Most Admired Companies in Oil & Gas, 2019 World Oil Awards Most Innovative Technology, 2020 Oil & Gas Innovation Challenge Grand Prize Winner

References
Oil States International
Leadership team

Ms. Cynthia B. Taylor (Pres, CEO & Exec. Director)

Mr. Lloyd A. Hajdik (Exec. VP, CFO & Treasurer)

Mr. Philip S. Moses (Exec. VP & COO)

Products/ Services
Energy, Logistics, Oil and Gas
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
1995
Company Registration
SEC CIK number: 0001121484
Revenue
500M - 1B
Traded as
OIS
Social Media
Sun Mar 03 2024
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