Oil States International traded at $8.46 this Thursday July 16th. Looking back, over the last four weeks, Oil States International lost 5.09 percent. Over the last 12 months, its price rose by 59.62 percent. Looking ahead, we forecast Oil States International to be priced at 8.16 by the end of this quarter and at 7.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Oil States International, Inc., through its subsidiaries, is a provider of manufactured products and services to the oil and natural gas industry, as well as in the industrial and military sectors. The Company operates through three business segments: Well Site Services, Downhole Technologies and Offshore/Manufactured Products. The Well Site Services segment provides a range of equipment and services that are used to drill for, establish and maintain the flow of oil and natural gas from a well throughout its life cycle. The Downhole Technologies segment provides oil and gas perforation systems and downhole tools in support of completion, intervention, wireline and well abandonment operations. The Offshore/Manufactured Products segment designs, manufactures and markets capital equipment utilized on floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels, along with short-cycle and other products.