Oil States International
Houston, Texas, United States · Energy, Manufacturing, Oil And Gas · 3,778 employees
Oil States International, Inc. is a global provider of manufactured products and services to customers in the energy, industrial and military sectors. The Company’s manufactured products include highly engineered capital equipment and consumable products. Oil States is headquartered in Houston, Texas, with manufacturing and service facilities strategically located across the globe. Oil States is p
Funding history
- Funding Round — $125.0M — Jan 2026
Recent signals
- Mar 23, 2026: Cindy B. Taylor to Retire as President and CEO of Oil States International, Inc.
- Mar 23, 2026: Oil States International Appoints Lloyd Hajdik as CEO
- Mar 23, 2026: SEC 8-K (5.02): On March 19, 2026, Cindy B. Taylor notified the Board of Directors of Oil States International, Inc. of her intention to retire from her roles as President and Chief Executive Officer, effective May 1, 2026. Additionally, she will resign from the Board on the same date. It is noted that Ms. Taylor's retirement is not due to any disagreement with the Company. Following her retirement, she is expected to continue with the Company in a consulting capacity until October 31, 2026, under terms to be agreed upon. This change in leadership may signify a transition phase for the Company, impacting future strategic directions.
- Jan 28, 2026: Raised $125.0M
- Jan 28, 2026: SEC 8-K (1.01): On January 28, 2026, Oil States International, Inc. entered into an amended and restated credit agreement, known as the Cash Flow Credit Agreement. This agreement involves Wells Fargo Bank as the administrative agent and other financial institutions, providing total credit facilities of $125.0 million, which includes a $75.0 million revolving credit facility. The new agreement amends and restates an earlier Asset-based Credit Agreement from February 10, 2021, reflecting significant strategic financial restructuring for the company in response to changing market conditions. This move aims to enhance liquidity and financial flexibility, crucial for the company's ongoing operational needs.
- Dec 18, 2024: Launched Oil States International, Inc. announces completion of facility sale and updates on strategic initiatives aimed at enhancing stockholder value.
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