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OIS - Oil States International Should Benefit Once The Economy Reopens
May, 06 2021 06:39 AM
Oil States International Inc.
OIS Q1 revenue fell in the high-single-digit percentage range Q/Q. The company must add scale before EBITDA margins become more normalized. Working capital of $259 million should provide a buffer for several quarters. Once the economy reopens, the company's cash flow should turn positive. Until OIS can generate consistent EBITDA growth, the stock remains a hold. For further details see:
Oil States International Should Benefit Once The Economy Reopens
Stock Information
Company Name:
Oil States International Inc.
Stock Symbol:
OIS
Market:
NYSE
Website:
oilstatesintl.com
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