OIS Lacks Boosters
Oil States International (OIS) provides engineered capital equipment and products used in the onshore and offshore energy production and midstream operations. I do not think the stock has enough catalyst to pull the price up in the short-run. An offshore market recovery and higher market share in the downhole technologies can improve the returns from the stock in the medium-to-long-term. Meanwhile, the company will look to decrease capex to increase free cash flow, which seems to be a reasonable play in the medium term.
Its drilling activity has hit a