An overview of Oil States International
Oil States International (OIS) provides engineered capital equipment and products consumed by the onshore and offshore energy producers and midstream operators. Delays in offshore projects and the Permian capacity constraint issue will continue to hold OIS’s growth muted in the next couple of quarters. However, in the medium-to-long term, the energy market’s growth will take over the short-term headwind and will accelerate growth for OIS. In 2018 so far, Oil States International’s stock price has gone down 17% and underperformed the VanEck Vectors Oil Services ETF (