DEXWireNews

Oil States International on verge of breakout

Long
NYSE:OIS   Oil States International, Inc.
Oil States International, Inc. engages in the provision of specialty products and services to drilling, completion, subsea, production, and infrastructure sectors of the oil and gas industry. It operates through the following segments: Offshore or Manufactured Products, Well Site Services, and Corporate. The Offshore or Manufactured Products segment designs, manufactures, and markets capital equipment utilized on floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels, along with short-cycle and other products. The Well Site Services segment consists of completion and drilling services such equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its life cycle focuses on completion-focused equipment and services as well as land drilling services. The Corporate segment includes corporate expenses, including those related to corporate governance, stock-based compensation, and other infrastructure support, as well as impacts from corporate-wide decisions. The company was founded in July 1995 and is headquartered in Houston, TX.

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