Oil States International, Inc.
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Einhorn Favors These 2 Opportunistic Stock Ideas
By Anh HOANG - May 22, 2013 | Tickers: CLR, HES, OIS
In the first quarter of 2013, David Einhorn, the famous hedge fund manager, initiated long positions in six new stocks, bringing total assets under management to more than $6.5 billion. He is getting bullish about two oil/gas companies, including Oil States International (NYSE: OIS), Hess (NYSE: HES), Should we follow Einhorn into these two companies? Let's find out.
Oil States -- a 50% potential upside
Oil States was more »
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Einhorn's 2 Opportunistic Investment Ideas
By Anh HOANG - May 17, 2013 | Tickers: OIS, SPG, VOD
In the recent Sohn Conference, David Einhorn showed his bullish attitude towards oil & gas solutions provider Oil States International (NYSE: OIS). David Einhorn stated that he accumulated shares in this company in the first quarter of 2013 at an average price of $77.16 per share. He believes that Oil States International is cheap at its current trading price. Let's take a closer look at the company and another more »
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JANA Partners Strikes Oil
By Marshall Hargrave - May 13, 2013 | Tickers: CAM, CLH, OIS
Barry Rosenstein's JANA Partners is on the hunt again, this time targeting Oil States International (NYSE: OIS). JANA Partners recently revealed that it holds a 9.1% stake in Oil States, making it the oilfield servicer's largest shareholder. JANA has already indicated that they are going to be an active investor. According to JANA's SEC filing:
The Reporting Person acquired the Shares because it believes the Shares more »
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Barry Rosenstein Takes 9% Stake in This Energy Play
By Meena Krishnamsetty - May 7, 2013 | Tickers: BHI, NOV, OIS, SPN, WFT
Oil States International (NYSE: OIS) rose over 15% on April 30 following the news that activist investor Barry Rosenstein’s JANA Partners owns 5 million shares of the stock (or 9.1% of the total shares outstanding) and will push to split up the now $4.9 billion oil and gas equipment and services company.
We track JANA’s quarterly 13F filings alongside those of other hedge funds as part more »
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Unlock the Hidden Value in This Stock
By Anh HOANG - May 3, 2013 | Tickers: JCP, OIS, SPG
JANA Partners, lead by the famous activist investor Barry Rosenstein, has become active again. In the middle of April, JANA accumulated as much as more than 5 million shares (including options to purchase 824,600 shares) of Oil States International (NYSE: OIS), which was equal a 9.1% stake in the company.
In its recent 13D filing, JANA reported that the aggregate cost of its Oil States’ stake was around more »
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Are Oil Service Firms Worth the Risk?
By Joshua Bondy - May 2, 2013 | Tickers: NOV, OIS, SU
Finding oil and buying up acreage is important, but without a drill the oil will stay in the ground. The growth of shale formations, ultra-deepwater fields, and the oil sands has increased the difficulty of modern oil extraction. The increased degree of technological complexity has driven many upstream firms to focus on smaller parts of the exploration process, leaving more room for oil service firms.
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3 Companies to Play the Energy Renaissance
By Chad Henage - October 17, 2012 | Tickers: EPB, HFC, OIS
Unless you have been living under a rock, you probably know there is a lot of money being spent on energy production and discovery. Whether you are looking for a company that provides the products to help companies drill for oil, or a company that is involved in the production of natural gas and oil, investors should have some exposure to the energy business. To try and find some attractive candidates in this industry, I used the Fool.com CAPS Screener to search for companies with real growth in both revenue and income. I didn't want companies that are too small since it is difficult to build a great business from the ground up. However, I also didn't necessarily want a huge conglomerate that everyone already knows about. To find a good middle ground, I recently ran a screen with the following criteria: mid-cap size, 10% revenue growth and 20% EPS growth in the last 3 years. This screen returned the following companies that looked attractive: El Paso Pipeline Partners LP (NYSE: EPB), HollyFrontier Corp. (NYSE: HFC), and Oil States International, Inc. (NYSE: OIS).
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Billionaire Steve Cohen Bought This Stock Recently
By Meena Krishnamsetty - October 9, 2012 | Tickers: BHI, FET, OIS, RES, SPN
SAC Capital Advisors, which is managed by billionaire Steve Cohen, has filed a 13G with the SEC to declare that, as of Oct. 2, its family of funds owned a total of 7.9 million shares of Superior Energy Services (NYSE: SPN). This comes out to 5% of the company’s shares outstanding, thus triggering the public filing. Our database of 13F filings shows that SAC owned 1.1 million more »
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What Oil States International said at the Barclays CEO Energy Conference
By Eric Fox - September 17, 2012 | Tickers: CVX, DVN, XOM, OIS, SU
Oil States International (NYSE: OIS) remains levered to oil and gas exploration and development activity in North America and plans to invest heavily to take advantage of expected growth in this area. The company also has significant exposure to the development of coal and other resources in Australia.
Overview
Oil States International is an oil services company that reports in four business segments - Accommodations, Offshore Products, Well Site Services and more »
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Schlumberger: A Solid Bet on the Future of Fossil Fuel
By Maxwell Fisher - September 4, 2012 | Tickers: OIS, SLB, RIG
The oil services sector contains some of what I consider among the best run companies in the stock market. It has been a disappointing few months for the group, which after posting terrific earnings in the second quarter, saw their share prices generally retreat due to the Street's focus on the future. I am not at all pessimistic about their future. As much as I believe that alternative, clean more »
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Oil States International: Selling Shovels in a Gold Rush
By Frank Constantino - April 16, 2012 | Tickers: OIS
During the California Gold Rush in the late 1840's, Sam Brannan, a local merchant, became the richest man in California. Brannan never struck gold. Why dig for the elusive yellow metal when everyone else needs tools? Sam Brannan became the richest man in California by selling shovels in a gold rush.
Today's gold rush is of an entirely different kind. Companies are rushing to extract enough fossil fuels more »