Oil States International, Inc. (OIS) Q3 2024 Earnings Call Transcript Summary
Oil States International, Inc. (OIS) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Oil States International, Inc. (OIS) Q3 2024 Earnings Call Transcript:
以下是Oil States International,Inc. (OIS)2024年第三季度业绩会议实录总结:
Financial Performance:
金融业绩:
Q3 2024 revenues were $174M, adjusted EBITDA $22M, adjusted net income $2.7M.
Generated $29M in operational cash flows, reduced net debt by $20M.
2024年第三季度营业收入为17400万美元,调整后的EBITDA为2200万美元,调整后的净利润为270万美元。
通过经营性现金流入2900万美元,减少2000万美元净债务。
Business Progress:
业务进展:
Strategic collaboration with Seadrill to enhance offshore MPD operations safety and efficiency.
Transitioned Well Site Services to align with strategic future.
与Seadrill达成战略合作,以提高近海MPD作业的安全性和效率。
调整Well Site Services以配合未来战略。
Opportunity:
机会:
Global collaboration with Seadrill and Halliburton enhances market penetration and revenue.
Expanded EPIC portfolio increases flexibility in completion operations.
全球与Seadrill和哈里伯顿的合作,增强了市场渗透能力和营业收入。
扩展EPIC投资组合,增加了完工业务的灵活性。
Risk:
风险:
Potential crude oil price declines and reduced OPEC+ production cuts in 2025 could impact demand.
Weaker U.S. market conditions, with an 8% decline in U.S. frac spread count.
2025年潜在wti原油价格下降和OPEC+减产计划减少可能影响需求。
美国市场条件疲软,美国压裂喷涌器数量下降8%。
Financial Performance:
金融业绩:
Q3 2024 revenues were $174 million, with adjusted consolidated EBITDA at $22 million, and adjusted net income at $2.7 million, or $0.04 per share.
Offshore/Manufactured Products segment achieved $102 million in revenues with adjusted EBITDA of $23 million.
Completion and Production Services segment revenues totaled $40 million, with adjusted EBITDA falling to $5.4 million.
Downhole Technologies segment reported revenues of $32 million and adjusted EBITDA of $1 million.
Generated $29 million in operational cash flows, leading to a net debt reduction of $20 million.
Expects to achieve net debt zero in 2025.
2024年第三季度营业收入为17400万美元,调整后的合并EBITDA为2200万美元,调整后的净利润为270万元,或每股0.04美元。
离岸/制造产品业务部门实现了10200万美元的营业收入,调整后EBITDA为2300万美元。
完井与生产服务业务部门营业收入总计4000万美元,调整后EBITDA下降至540万美元。
钻井技术部门报告了3200万美元的营业收入和100万美元的调整后EBITDA。
运营现金流为2900万美元,导致净债务减少2000万美元。
预计于2025年实现净债务为零。
Business Progress:
业务进展:
Announced a strategic non-exclusive collaboration with Seadrill Limited to increase safety and efficiency of offshore MPD operations.
Delivered first Integrated Riser Joints to Seadrill for MPD operations in Brazil.
Exited underperforming locations and business lines in the U.S., including the sale of drilling rigs and exit from flowback and well testing operations.
Transitioned Well Site Services to Completion and Production Services to align with future strategy.
宣布与Seadrill Limited达成战略性非独家合作,以提高海上MPD作业的安全性和效率。
首次为Seadrill在巴西的MPD作业交付综合提升器接头。
退出美国业绩不佳的地点和业务线,包括出售钻井平台和停止回流和试井作业。
为了与未来的战略保持一致,已将现场服务转变为完井和生产服务。
Opportunities:
机会:
Global collaboration with Seadrill and Halliburton supports increased market penetration of managed pressure drilling technology.
Initiatives to secure long-term contracts with international customers for the supply of perforating products are gaining traction.
Expanded EPIC portfolio of perforating systems offers increased flexibility and revenue opportunities in completion operations.
与Seadrill和哈里伯顿的全球合作支持增加管理压力钻井技术的市场渗透。
为了与国际客户达成长期合同以供给射孔产品,正在获得进展。
扩展的射孔系统EPIC组合在完井作业中提供了更大的灵活性和营收机会。
Risks:
风险:
Decline in crude oil prices and potential reduction of voluntary production cuts by OPEC+ in 2025 pose risks to demand and revenue.
Weaker U.S. market conditions influenced by record U.S. production and an 8% sequential decline in U.S. frac spread count.
2025年原油价格下跌以及OPEC+可能减少自愿减产风险对需求和营收构成风险。
美国市场状况较弱,受美国创纪录产量和美国压裂活动数量持续下降8%的影响。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。