CORRECTED-Oil States Q4 revenue misses estimates, adjusted EPS beats
Overview
Energy sector provider's Q4 revenue missed analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company purchased $50 mln principal amount of convertible senior notes
Outlook
Oil States entered new credit agreement for borrowings up to $125 mln
Backlog in Offshore Manufactured Products segment reached highest level since 2015
Result Drivers
OFFSHORE MANUFACTURED PRODUCTS - Revenue increased 13% sequentially due to strong bookings and backlog growth
COMPLETION AND PRODUCTION SERVICES - Revenue declined 16% due to restructuring efforts, but Adjusted EBITDA margins improved
DOWNHOLE TECHNOLOGIES - Significant asset impairments impacted operating results
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $178 mln | $180.16 mln (3 Analysts) |
Q4 Adjusted EPS | Beat | $0.13 | $0.10 (3 Analysts) |
Q4 EPS |
| -$2.04 |
|
Q4 Net Income |
| -$117.2 mln |
|
Q4 Adjusted EBITDA |
| $23 mln |
|
Q4 Adjusted Free Cash Flow |
| $53.6 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil related services and equipment peer group is "buy"
Wall Street's median 12-month price target for Oil States International Inc is $8.50, about 15% below its February 19 closing price of $10.00
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nBw8hTngNa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
Related Articles
Will Bank of England Still Cut Rates in 2026? Falling Inflation Favors Loose Monetary Policy, Pound Exchange Rate May Struggle to Sustain Strength.
TradingKey - The outlook for the British Pound in 2026 is undoubtedly one of the most significant focal points for investors in the FX market. Following a structural shift in 2025 characterized by a "low start and high finish," GBP/USD successfully broke out of its two-year trading range and stabilized near 1.35 at year-end, laying the foundation for its performance in 2026.
Why the Yen Falls Further the More It Is Rescued: The Answer Lies in Japan’s Own Structural Contradictions
TradingKey - Entering early 2026, the attention of global investors is once again locked on the Japanese Yen (JPY). Despite the Bank of Japan (BoJ) gradually raising policy rates to a range of 0.5% - 0.75%, marking a definitive end to the era of negative interest rates, the yen continues to trend lower against the U.S. dollar.
What Is the Best Nuclear Energy Investment in 2026? Which Should You Buy in, OKLO or Nuclear Energy ETFs?
TradingKey - Demand for electricity is surging, and data centers designed for artificial intelligence are a big reason. Governments are also demanding cleaner, dependable power. This coupling has brought about a revival in nuclear power, with capacity expected to increase in the coming decades. To i
Stock Market Crash 2026: What Fed Signals and Economic Data Mean for Investors
TradingKey - The possibility of a stock market crash occurring in 2026 is becoming increasingly likely as investor sentiment continues to decline.
New Fed Chair Warsh Takes Office: Major Shift in Monetary Policy? US Dollar Short-Term Rebound, 2026 Investment Strategy Analysis
TradingKey - At the start of 2026, global financial markets witnessed a major leadership change as U.S. President Trump officially nominated Kevin Warsh as the next Federal Reserve Chair. Pending Senate confirmation, he will succeed Jerome Powell this May to lead the world’s most influential central bank.
