Oil States publishes investor presentation on offshore and international growth strategy
Reuters2026/08/06 06:12Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Oil States outlined a strategy centered on offshore and international growth, citing accelerating activity and a backlog near the highest level in a decade.
- Offshore Manufactured Products backlog of USD 451 million as of June 30, 2026; year-to-date book-to-bill ratio of 1.1x.
- First-half 2026 consolidated revenue of USD 302 million; adjusted EBITDA of USD 36 million.
- Balance sheet showed USD 20 million cash; net cash of USD 1 million as of June 30, 2026.
- Valuation metrics cited EV/2026 consensus EBITDA of 6.3x; 2026 consensus free cash flow yield of 7.3%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oil States International Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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