NYSE$OIS
Oil States International Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Oil States experienced revenue and EBITDA growth for the third consecutive quarter, driven by increased activity in the Offshore/Manufactured Products and Well Site Services segments, while settling legal disputes and investing in new technologies.
Oil States International, Inc. reported a net loss of $5.1 million, or $0.08 per share, for the second quarter of 2022, with revenues of $181.8 million and Consolidated EBITDA of $17.0 million. The company saw sequential growth in revenues and EBITDA, driven by strong performance in the Offshore/Manufactured Products and Well Site Services segments, while also settling legal disputes and introducing new technologies.
- Consolidated revenues and EBITDA grew sequentially for the third consecutive quarter, reaching $181.8 million and $17.0 million, respectively.
- Offshore/Manufactured Products segment revenues increased by 15% due to a 21% rise in project-driven revenues and higher demand for short-cycle products.
- Well Site Services segment revenues increased by 14% sequentially, driven by higher land-based completion and production activity, with a 61% increase in segment EBITDA.
- The company settled the promissory note and resolved outstanding legal disputes with the seller of GEODynamics.
Headline financials
Revenue & EPS history
Oil States · Revenue · Quarterly
$182M
Revenue by segment
Oil States · $134M total across 2 segments · Q3 2023
- Offshore Manufactured Products$111M+15.7%82.6%
- Downhole Technologies$23.4M-28.6%17.4%
Forward guidance
No specific forward guidance is provided in the document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+1.0%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.0%
Avg return
30 days after
53%
36 / 68 earnings
Positive
+25.0%
Q4 2025
Best reaction
-23.9%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.6% | -22.3% | -22.2% | |
| Q4 2025 | +25.0% | +34.3% | +21.6% | |
| Q3 2025 | +3.5% | -2.4% | -4.1% | |
| Q1 2025 | +23.1% | +18.8% | +23.9% | |
| Q4 2024 | -11.7% | -0.7% | -1.5% | |
| Q3 2024 | +13.2% | +12.9% | +31.6% | |
| Q2 2024 | +17.1% | +12.4% | +9.9% | |
| Q1 2024 | -23.9% | -24.2% | -14.3% | |
| Q4 2023 | -6.9% | -9.0% | +0.3% | |
| Q3 2023 | +4.6% | +1.0% | -3.8% | |
| Q2 2023 | -11.8% | -10.9% | -13.7% | |
| Q1 2023 | -5.6% | -8.4% | -7.8% | |
| Q4 2022 | +9.1% | +6.0% | -15.8% | |
| Q3 2022 | -0.9% | +13.5% | +11.8% | |
| Q2 2022 | -0.8% | +0.2% | +7.4% | |
| Q1 2022 | +4.3% | +5.4% | +19.9% | |
| Q4 2021 | -1.2% | -14.8% | +1.1% | |
| Q3 2021 | +1.3% | +12.5% | -20.8% | |
| Q2 2021 | -0.7% | -8.7% | -0.8% | |
| Q1 2021 | +6.6% | +3.9% | +14.6% | |
| Q4 2020 | -4.5% | +4.8% | -6.6% | |
| Q3 2020 | -1.2% | +13.9% | +89.3% | |
| Q2 2020 | -6.7% | -7.1% | -8.5% | |
| Q1 2020 | +20.7% | +14.4% | +48.8% | |
| Q4 2019 | -7.4% | -18.5% | -81.7% | |
| Q3 2019 | +7.3% | +11.2% | +16.0% | |
| Q2 2019 | +8.1% | +1.8% | -0.8% | |
| Q1 2019 | +1.8% | +4.6% | -13.0% | |
| Q4 2018 | -1.5% | +4.7% | -10.5% | |
| Q3 2018 | +0.9% | -2.1% | -2.0% | |
| Q2 2018 | +3.1% | -2.7% | +1.8% | |
| Q1 2018 | +12.6% | +8.9% | +6.1% | |
| Q4 2017 | -2.7% | -1.4% | -9.0% | |
| Q3 2017 | -4.6% | +2.0% | +0.7% | |
| Q2 2017 | -9.0% | -5.8% | -17.7% | |
| Q1 2017 | -8.3% | -11.0% | -10.0% | |
| Q4 2016 | -8.9% | -11.3% | -19.9% | |
| Q3 2016 | -4.5% | -6.9% | +5.6% | |
| Q2 2016 | +4.3% | +7.1% | +11.7% | |
| Q1 2016 | +4.2% | — | — | |
| Q4 2015 | -1.0% | — | — | |
| Q3 2015 | +2.0% | — | — | |
| Q2 2015 | +8.9% | — | — | |
| Q1 2015 | +9.5% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +0.9% | — | — | |
| Q2 2014 | -2.2% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | -2.8% | — | — | |
| Q3 2013 | +1.1% | — | — | |
| Q2 2013 | +2.4% | — | — | |
| Q1 2013 | -3.3% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | -1.6% | — | — | |
| Q2 2012 | -1.7% | — | — | |
| Q1 2012 | +8.3% | — | — | |
| Q4 2011 | +1.3% | — | — | |
| Q3 2011 | +4.3% | — | — | |
| Q2 2011 | +1.8% | — | — | |
| Q1 2010 | +5.4% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q4 2008 | -4.1% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q3 2009 | +0.5% | — | — | |
| Q2 2010 | +2.9% | — | — | |
| Q2 2009 | +2.9% | — | — | |
| Q4 2009 | +2.9% | — | — |
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