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Oil States International Inc (OIS)

NYSE
Currency in USD
Disclaimer
5.315
+0.065(+1.24%)
Closed
After Hours
5.550+0.235(+4.421%)

OIS Comments

Oh the suferring is real!!! Could there be a real bright future in this or should I just take my massive losses and try to gain it back elsewhere?
Who knows buddy. My thesis is that oil prices will be high in the foreseeable future and service companies will finally start making money. If you have time on your hands, you should wait. I'll keep my shares until the end of 2022 minimum, maybe even end of 2023.I still believe the OFS sector will have its day. Nearly every other sector has already run since the start of the pandemic so the catch-up should take place but nobody knows when. My guess is within the next two years...
I will also be watching their quarterly earnings in 2022 very closely. The worst of the pandemic is over, so if this company can have a bright future, they should show real improvement in earnings next year. I believe the year 2022 will be the acid test for OIS.
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