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OIS - Oil States International Is A Hold
March, 22 2021 06:02 AM
Oil States International Inc.
Q4 revenue for OIS rose 2% sequentially. Rising oil prices and rising rig count imply oil markets could be turning the corner. As the economy reopens, E&P should rise, improving the company's outlook. Management reduced its operating losses through cost containment efforts. More scale should lead to margin expansion. Solid liquidity and positive cash flow position OIS for a turnaround. I rate the stock a hold. For further details see:
Oil States International Is A Hold
Stock Information
Company Name:
Oil States International Inc.
Stock Symbol:
OIS
Market:
NYSE
Website:
oilstatesintl.com
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