Oil States International Posts a Repeat Quarterly Earnings Performance
Oil States International's (NYSE: OIS) earnings result continued its internal tug of war this past quarter. U.S. shale drilling continues to be the belle of the ball in the oil market, but it has reached that status at the expense of other production sources internationally and offshore. Since Oil States had a finger in both of these pies, it has been able to offset the declines of one business with the gains from the other.
Let's take a quick look at Oil States' most recent earnings release and outlook at the near-term future to see when we can expect both businesses to be on the upswing.
Source: Fool.com
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