Showing 1-10 of about 81 articles.
Oil States International, Inc.
Oil States Announces New Permian Basin Accommodations Location
HOUSTON, June 13, 2013 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) announced today that the Company's U.S. accommodations subsidiary, PTI Group USA, ("PTI") has constructed a new facility in the Permian Basin in Pecos, Texas, that will support oil and gas operations and related services in the region. The accommodations facility opened for occupancy at the beginning of June 2013 with the room count expected to increase to a total capacity of 310 rooms when the initial construction is completed in the third quarter of 2013.
Oil States International, Inc.
Oil States Announces First Quarter Earnings
HOUSTON, April 24, 2013 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) reported net income for the quarter ended March 31, 2013 of $102.2 million, or $1.85 per diluted share, which included an after-tax gain of $0.05 per diluted share related to the reversal of an estimated earnout liability associated with a U.S. based acquisition. These results compare to net income of $135.1 million, or $2.43 per diluted share, in the first quarter of 2012, which included a gain of $0.23 per diluted share after-tax from a favorable contract settlement.
Oil States International, Inc.
Oil States Announces New Australian Village
HOUSTON, April 10, 2013 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) announced today that the Company's Australian subsidiary, The MAC Services Group Pty Ltd ("The MAC") is constructing a new Australian village, The MAC Boggabri Village, located in the Gunnedah Basin in New South Wales, Australia. The MAC is providing its integrated workforce accommodations service at the village where it will design, build, own and manage the facility which will have an initial capacity of 508 rooms. The village is expected to be ready for occupancy during the fourth quarter of 2013.
Oil States International, Inc.
Oil States Announces the Opening of a New Oil Sands Lodge
HOUSTON, Feb. 27, 2013 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) announced today that the Company's Canadian subsidiary, PTI Group Inc. ("PTI") has opened a new Canadian Lodge, Anzac Lodge, located South of Fort McMurray in the Athabasca oil sands region of Alberta, Canada. PTI designed, built, owns and manages the new lodge, which has an initial capacity of 338 rooms. The lodge began operations in January of 2013.
Oil States International, Inc.
Oil States Announces Fourth Quarter Earnings
HOUSTON, Feb. 19, 2013 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) reported net income for the quarter ended December 31, 2012 of $98.5 million, or $1.78 per diluted share. These results compare to net income of $94.3 million, or $1.72 per diluted share, in the fourth quarter of 2011.
Oil States International, Inc.
Oil States International, Inc. Announces Upsized Pricing of $400 Million Offering of Senior Notes
HOUSTON, Dec. 18, 2012 (GLOBE NEWSWIRE) -- Oil States International, Inc. ("Oil States" or the "Company") (NYSE:OIS) announced today the pricing of its private placement to eligible purchasers of $400 million in aggregate principal amount of 5.125% senior unsecured notes due 2023. The offering size was increased to $400 million from the previously announced $300 million. The notes will be issued at 100% of par to yield 5.125% to maturity. The offering is expected to close on December 21, 2012, subject to customary closing conditions. Oil States intends to use the net proceeds from this offering to repay all outstanding borrowings under its U.S. revolving credit facility and for general corporate purposes.
Oil States International, Inc.
Oil States to Acquire Tempress Technologies
HOUSTON, Dec. 17, 2012 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) announced today that its subsidiary, Oil States Energy Services, Inc. ("OSES"), has acquired Tempress Technologies, Inc. ("Tempress"). Headquartered in Kent, Washington, Tempress designs, develops and markets a suite of highly specialized, hydraulically activated tools utilized during downhole completion activities. For the twelve months ended December 31, 2012, Tempress is anticipated to generate approximately $8.0 million of EBITDA. Subject to customary post-closing adjustments, total transaction consideration was $52.5 million, funded from amounts available under Oil States' existing U.S. revolving credit facility.
Oil States International, Inc.
Oil States Announces the Opening of Three Rivers Lodge Supporting the Eagle Ford Region
HOUSTON, Nov. 5, 2012 (GLOBE NEWSWIRE) -- Oil States International, Inc. announced that its subsidiary, PTI Group USA, a leading provider of modular workforce accommodations and catering services, had the grand opening of Three Rivers Lodge today. Located approximately 8 miles north of Three Rivers, Texas, this new facility serves employees working in the Eagle Ford oil and gas fields. The new facility features a total of 276 rooms, including 22 private VIP suites, catered dining, onsite laundry, fitness and recreation facilities, wireless internet and satellite TV in each room.
Oil States International, Inc.
Oil States Announces Third Quarter Earnings and New Record Offshore Products Backlog
HOUSTON, Oct. 31, 2012 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE:OIS) reported net income for the quarter ended September 30, 2012 of $103.8 million, or $1.87 per diluted share, which included an unfavorable $7.5 million pre-tax, or $0.10 per diluted share after-tax, non-cash accrual adjustment in its tubular services segment. These results compare to net income of $91.9 million, or $1.67 per diluted share, in the third quarter of 2011.
Showing 1-10 of about 81 articles.