Highest-materiality recent filing
Oil States Q2 net income $5.9M; backlog $451M highest since 2015
Revenue $156.7M, up 8% sequentially; net income $0.10 EPS vs $0.02 in Q1.
Oil States International amends CEO severance, change-of-control multiple raised to 3.0x
Amendment effective July 9, 2026 for CEO Lloyd A. Hajdik.
Oil States shareholders elect two Class I directors, approve say-on-pay, ratify auditor
Lawrence R. Dickerson and Lloyd A. Hajdik elected as Class I directors with 45.0M and 45.9M votes for, respectively.
Oil States Q1 revenue falls 9% YoY to $145M; adjusted net income $5M
Revenue $145M (-9% YoY); net income $1.1M ($0.02 EPS); adjusted net income $5M ($0.09 EPS)
Oil States CEO Cindy Taylor to retire May 1, 2026; CFO Lloyd Hajdik named successor
Cindy Taylor retiring as President and CEO effective May 1, 2026; will consult through Oct 31, 2026.
Consolidated revenues $178.5M (up 8% QoQ and YoY); Adjusted EBITDA $22.8M (up 9% QoQ, 22% YoY).
Oil States replaces $125M asset-based revolver with $125M cash-flow credit facility maturing 2030
New $125M facility: $75M revolver (incl. $40M LC sub-limit) plus $50M multi-draw term loan; available to draw through July 28, 2026, maturing Jan 28, 2030.
Oil States Q3 net income $2M, Adjusted EBITDA $21M; Offshore backlog up 10% to $399M
Net income of $2M ($0.03 EPS); adjusted net income $5M ($0.08 EPS).
Oil States Q2 net income $2.8M, revenue $165M; Offshore Products backlog $363M
Net income of $2.8M ($0.05 diluted EPS); adjusted net income $5.4M ($0.09 EPS) excl. restructuring charges.
Darrell E. Hollek elected with 42,792,053 votes for, 3,259,786 withheld; Robert L. Potter with 42,723,422 for, 3,328,417 withheld; Hallie A. Vanderhider with 43,806,058 for, 2,245,781 withheld.
Oil States Q1 net income $3M ($0.05 EPS); revenue $160M, backlog at 2015 high
Net income of $3.2M ($0.05 diluted EPS); adjusted net income $3.9M ($0.06 EPS).
Oil States International dismisses EY, appoints Deloitte as auditor effective FY2025
Audit Committee dismissed EY on Feb 27, 2025; no disagreements or reportable events in prior periods.
Oil States Q4 revenue $164.6M (-21% YoY); adj net income $5.5M ($0.09 EPS)
Net income $15.2M includes $15.3M facility sale gain, $3.1M charges; adj net income $5.5M.
Oil States Q3 net loss $14.3M ($0.23/sh) on $174.3M revenue, down 6% sequentially
Net loss includes $18.2M restructuring; adjusted net income $2.7M ($0.04/sh).
Oil States Q2 net income $1.3M; revenue $186.4M up 11% sequentially
Net income $1.3M ($0.02 EPS); adjusted net income $4.4M ($0.07 EPS) excluding $3.9M charges.
Oil States International reports 2024 annual meeting voting results
Elected Denise Castillo-Rhodes and E. Joseph Wright as Class II directors until 2027.
Oil States Q1 2024 net loss $13.4M; revenue down 20% sequentially; goodwill impairment of $10M
Net loss $13.4M ($0.21/share) includes $10M non-cash goodwill impairment; adjusted net loss $1.9M ($0.03/share).
Net income $6.0M, diluted EPS $0.09; revenue $208.3M up 7% sequentially, 3% YoY.
Oil States Q3 net income $4.2M on revenue $194M; Offshore/Manufactured backlog $348M
Net income of $4.2M ($0.07 EPS) vs $0.6M in Q2; adjusted EBITDA $23.4M (+23% sequential).
Oil States International receives contract for Merlin Deepsea Mineral Riser system
Contract for Merlin Deepsea Mineral Riser system to harvest seabed minerals including cobalt, manganese, nickel, rare earth elements.
Oil States Q2 net income $0.6M, Adj EBITDA $19.0M; backlog $338M highest since 2015
Net income $0.6M ($0.01 diluted EPS) on revenue $183.5M; revenue down 6% seq, up 1% YoY.
Oil States shareholders elect directors and approve advisory proposals at 2023 annual meeting
Lawrence R. Dickerson and Cindy B. Taylor elected as Class I directors with 48.7M and 51.1M votes for, respectively.
Oil States Q1 net income $2.2M, revenue $196.2M, backlog grows to $326M
Net income of $2.2M ($0.03 diluted EPS) vs. $2.9M ($0.05) in Q4 2022; revenue $196.2M, up 20% YoY but down 3% sequentially.
Oil States Q4 net income $2.9M, rev $202.4M; backlog hits $308M, $25M buyback approved
Net income $2.9M ($0.05 diluted EPS) vs $2.1M ($0.03) in Q3; revenue $202.4M, up 7% sequentially and 25% YoY.
Oil States Q3 net income $2.1M ($0.03/sh); revenue $189.4M, Adj EBITDA $22.0M
Revenue of $189.4M increased 4% sequentially; net income vs. Q2 net loss of $5.1M.
Oil States Q2 net loss $5.1M; revenue up 11% sequentially to $181.8M
Net loss of $5.1M ($0.08 per share); revenue $181.8M vs $164.0M in Q1 2022.
Oil States appoints Philip S. Moses as EVP & COO effective July 1, 2022
Philip S. Moses, age 54, appointed Executive Vice President and Chief Operating Officer, effective immediately.
Oil States settles GEODynamics acquisition dispute for $10M cash plus 1.9M shares
Settlement with HCperf Holdings resolves $17.5M promissory note and accrued interest from GEODynamics acquisition.
Oil States International enters into Executive Agreement with Senior VP and CAO Brian E. Taylor
Brian E. Taylor entered into Executive Agreement on May 10, 2022, replacing participation in Change of Control Severance Plan.
Elected three Class III directors: Darrell E. Hollek (45.9M for), Robert L. Potter (46.9M for), Hallie A. Vanderhider (48.8M for).
Oil States Q1 2022 net loss $9.4M, rev $164M; highest since pandemic
Net loss of $9.4M ($0.16 per share); Consolidated EBITDA $14.5M.
Oil States Q4 net loss $19.9M ($0.33/sh); revenue $161.3M, Adjusted EBITDA $13.4M
Net loss of $19.9M ($0.33/sh) includes $9.3M currency loss; adjusted net loss $8.2M ($0.14/sh).
Oil States Q3 net loss $0.22/sh; revenue $140.5M hit by Hurricane Ida
Net loss $13.0M ($0.22/sh); includes $2.1M inventory impairment and $0.7M restructuring.
Oil States Q2 net loss $15.3M; revenue $145.7M, up 16% sequentially; EBITDA up 64%
Net loss $15.3M ($0.25 per share) includes $2.8M impairment, $2.6M restructuring, $0.4M gain on debt extinguishment.
On February 16, 2023, Christopher T. Seaver informed the Company's Board of Directors (the "Board") of his decision to retire from the Company's Board at the conclusion of his current term expiring at the upcoming 2023 Annual Meeting of Stockholders to be held on May 9, 2023.
On July 1, 2022, the Board of Directors of Oil States International, Inc. (the "Company") appointed Philip S. Moses as the Company's Executive Vice President and Chief Operating Officer, effective immediately.
Max materiality 0.80 · Median 0.65 · Most common event earnings