Oil States Q3 net income rises 64% year-over-year to $3.12 million

Bitget2026/10/30 11:02

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Oil States International’s third-quarter 2026 net income fell 47% from the previous quarter to $3.12 million.
Revenues rose 8% from the previous quarter to $169.76 million, driven by strong demand in Offshore Manufactured Products and Downhole Technologies.
Offshore Manufactured Products backlog grew 7% sequentially to $482 million, its highest level since December 2014.
The board authorized a new $50 million common stock repurchase plan October 29, 2026, extending through October 2028.

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 via Business Wire (Ref. ID: 202610300700BIZWIRE_USPR_____20261030_BW349844) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Oil States Q3 net income rises 64% year-over-year to $3.12 million

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