Patrick Ouellette's questions to OIL STATES INTERNATIONAL (OIS) leadership • Q2 2025
Question
Patrick Ouellette from Stifel Financial Corp. asked about the normalized revenue mix following the high-grading of U.S. operations and the expected impact on margins for the second half of 2025 from market conditions versus cost improvements.
Answer
President & CEO Cindy Taylor detailed that the restructured U.S. land service activity now represents a small portion (around 11-12%) of the Completion and Production Services segment. She noted margin improvements will accrete through 2H 2025 and into 2026. EVP & CFO Lloyd Hajdik added that go-forward margins for the affected operations are expected to reach the upper 20s to low 30s.