Oil States International shared its Q3 2026 results, showing $170 million in sales and $20 million in profit.

Oct 30, 2026, 10:34 AM ETResultsRead the original at Benzinga

Good for OIS

OIS's sales and adjusted profit measure rose from the prior quarter, and its backlog reached its highest level in nearly 12 years. Raw-material costs hurt one segment, and another had a slight sales decline, but offshore demand and the next-quarter sales forecast support a stronger outlook.

OIS · Oil States International

AI read · Good for OIS

The AI's read

The stronger offshore business mix and fuller backlog give OIS a firmer base for sales growth. The company also expects sales to rise again next quarter. Raw-material costs hurt Downhole Technology, and Completion and Production Services sales slipped slightly. Those concerns are outweighed by offshore demand and the company’s higher next-quarter sales forecast.

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