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OIS - Oil States International Suffers With Rest Of Sector
Oil States International Inc.
Oil States International (OIS) is a small pure-play energy service company that is at the low end of its 52-week stock price range. Its sector—oil drilling services—is expected to stay depressed due to only a small rise in projected oil demand, oil supply coming on-stream in 2020 from Norway, Brazil, and Australia, and more efficient U.S. drilling including up-spacing to mitigate well-to-well interference.
Oil States International may interest some speculative investors. It does not pay a dividend.
Company Description
Oil States International is an oilfield service company founded in 1995 and headquartered in