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Oil States International, Inc. (NYSE:OIS), a Houston-based oil and gas equipment manufacturer with a market capitalization of $295 million, announced the results of its 2025 Annual Meeting of Stockholders held on Tuesday. The meeting covered key governance matters including board elections, executive compensation approval, and auditor ratification. According to InvestingPro data, the company maintains strong financial health with a current ratio of 3.42, indicating robust liquidity management.
During the meeting, stockholders elected three Class III directors to serve on the board until the 2028 Annual Meeting. The elected directors are Darrell E. Hollek, Robert L. Potter, and Hallie A. Vanderhider. Voting results showed strong support with over 42 million votes for each director and relatively few withholdings. This strong shareholder confidence comes as InvestingPro analysis reveals management has been actively buying back shares, demonstrating alignment with shareholder interests.
Additionally, shareholders approved, on an advisory basis, the compensation of the company’s named executive officers. The proposal received over 33 million votes for and approximately 12 million against, with a small number of abstentions and over 7 million broker non-votes.
The appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified with an overwhelming majority of over 52 million votes for the appointment.
Furthermore, the Second Amended and Restated Equity Participation Plan of Oil States International, Inc. was approved, with over 41 million votes in favor. The plan’s approval indicates shareholder support for the company’s long-term incentive strategies.
The results from the meeting reflect shareholder confidence in the management and strategic direction of Oil States International. The company’s financial metrics support this confidence, with InvestingPro analysis indicating net income growth expectations for the current year and a moderate debt level with a debt-to-equity ratio of 0.22. The company, based in Houston, Texas, specializes in oil and gas field machinery and equipment and is incorporated in Delaware. InvestingPro’s comprehensive analysis, including 12 additional key insights and detailed financial metrics, is available through their Pro Research Report.
This report is based on a press release statement and provides a summary of the key outcomes from the Annual Meeting of Oil States International, Inc.
In other recent news, Oil States International Inc . reported its financial results for the first quarter of 2025, surpassing earnings per share (EPS) expectations but falling short of revenue forecasts. The company’s EPS came in at $0.06, exceeding the anticipated $0.04, while revenue reached $159.9 million, missing the forecasted $164.2 million. Despite the revenue shortfall, the company highlighted strong performance in subsea equipment production and strategic investments. Oil States International maintained a robust backlog, the highest since September 2015, indicating strong demand in international and offshore markets. Analysts from Raymond (NSE:RYMD) James noted the company’s strategic progress and operational efficiencies, contributing to a positive market reaction. The company also provided a full-year 2025 revenue guidance of $700-735 million and an EBITDA guidance of $88-93 million. Looking ahead, Oil States International plans to generate cash flow from operations in the range of $65-75 million and has earmarked $25 million for capital expenditures. The company’s management emphasized their commitment to shareholder value through potential share repurchases and debt reduction strategies.
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