Oil States International, Inc. (OIS) Q3 2024 Earnings Call Transcript Summary
Oil States International, Inc. (OIS) Q3 2024 Earnings Call Transcript Summary
Generated $29M in operational cash flows, reduced net debt by $20M.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年第三季度業績會議實錄總結：
Financial Performance:
金融業績：
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年第三季度營業收入爲17400萬美元，調整後的EBITDA爲2200萬美元，調整後的淨利潤爲270萬美元。
通過經營性現金流入2900萬美元，減少2000萬美元淨債務。
Business Progress:
業務進展：
Strategic collaboration with Seadrill to enhance offshore MPD operations safety and efficiency.
Transitioned Well Site Services to align with strategic future.
與Seadrill達成戰略合作，以提高近海MPD作業的安全性和效率。
調整Well Site Services以配合未來戰略。
Opportunity:
機會：
Global collaboration with Seadrill and Halliburton enhances market penetration and revenue.
Expanded EPIC portfolio increases flexibility in completion operations.
全球與Seadrill和哈里伯頓的合作，增強了市場滲透能力和營業收入。
擴展EPIC投資組合，增加了完工業務的靈活性。
Risk:
風險：
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年潛在wti原油價格下降和OPEC+減產計劃減少可能影響需求。
美國市場條件疲軟，美國壓裂噴湧器數量下降8%。
Financial Performance:
金融業績：
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年第三季度營業收入爲17400萬美元，調整後的合併EBITDA爲2200萬美元，調整後的淨利潤爲270萬元，或每股0.04美元。
離岸/製造產品業務部門實現了10200萬美元的營業收入，調整後EBITDA爲2300萬美元。
完井與生產服務業務部門營業收入總計4000萬美元，調整後EBITDA下降至540萬美元。
鑽井技術部門報告了3200萬美元的營業收入和100萬美元的調整後EBITDA。
運營現金流爲2900萬美元，導致淨債務減少2000萬美元。
預計於2025年實現淨債務爲零。
Business Progress:
業務進展：
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.
宣佈與Seadrill Limited達成戰略性非獨家合作，以提高海上MPD作業的安全性和效率。
首次爲Seadrill在巴西的MPD作業交付綜合提升器接頭。
退出美國業績不佳的地點和業務線，包括出售鑽井平台和停止回流和試井作業。
爲了與未來的戰略保持一致，已將現場服務轉變爲完井和生產服務。
Opportunities:
機會：
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.
與Seadrill和哈里伯頓的全球合作支持增加管理壓力鑽井技術的市場滲透。
爲了與國際客戶達成長期合同以供給射孔產品，正在獲得進展。
擴展的射孔系統EPIC組合在完井作業中提供了更大的靈活性和營收機會。
Risks:
風險：
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年原油價格下跌以及OPEC+可能減少自願減產風險對需求和營收構成風險。
美國市場狀況較弱，受美國創紀錄產量和美國壓裂活動數量持續下降8%的影響。
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
