Oil States International, Inc. provides manufactured products and services primarily for the energy, industrial, and military sectors. The company's offerings include advanced connector systems, high-pressure riser systems, subsea pipeline products, perforation systems, and downhole tools. It operates through three business segments: Offshore/Manufactured Products, Well Site Services, and Downhole Technologies.
The company generates revenue through the sale of these engineered products and the provision of related services, mainly targeting the oil and gas industry. The Offshore/Manufactured Products segment is the largest, contributing 52% to 56% of revenue, followed by the Well Site Services segment at 30% to 31%, and the Downhole Technologies segment at 13% to 18%. Oil States' primary customers are companies involved in offshore oil and gas production, land-based drilling, and military applications.
Oil States has a global operational structure, with significant activities in regions such as the U.S. Gulf of Mexico, Brazil, and West Africa. The company's business performance is directly impacted by factors such as capital spending in the oil and gas industry, commodity price fluctuations, and regulatory pressures.