Who Owns Oil States International Company?

Oil States International Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Owns Oil States International, Inc.?

Understanding Oil States International, Inc.'s ownership is key for stakeholders. Its 2001 IPO on the NYSE under OIS marked a shift to public trading, broadening ownership and scrutiny.

Who Owns Oil States International Company?

Tracing its roots to a 1937 oilfield supply store, Oil States International, Inc., now based in Houston, Texas, has grown into a global provider of specialty products and services. Its operations span Offshore/Manufactured Products, Well Site Services, and Downhole Technologies, offering solutions like those detailed in an Oil States International PESTEL Analysis.

As of mid-2025, the company's market capitalization hovers between approximately $295 million and $312.05 million. With around 60.59 million shares of common stock outstanding as of July 25, 2025, the ownership landscape includes institutional investors, individual shareholders, and the company's board of directors.

Who Founded Oil States International?

The origins of Oil States International, Inc. trace back to the entrepreneurial endeavors of Henry Zarrow, who established an oilfield supply store in 1937. Another key precursor, Oil States Industries, was founded in 1949, focusing on rubber components. The modern corporate entity was incorporated as CE Holdings, Inc. in July 1995.

Key Entity Founding Year Initial Focus
Henry Zarrow's Oilfield Supply Store 1937 Tubular parts for drillers
Oil States Industries 1949 Rubber components, marine products
CE Holdings, Inc. (later Oil States International, Inc.) 1995 Acquisition of Continental Emsco Company and subsidiaries
Icon

Foundational Entrepreneurship

Henry Zarrow's 1937 oilfield supply store in Tulsa, Oklahoma, provided essential tubular parts for drillers. This early venture established a core focus on serving the oil and gas industry's needs.

Icon

Specialized Manufacturing

Oil States Industries, founded in Texas in 1949, carved out a niche in rubber components. Their innovative approach extended to marine products, showcasing early diversification within the energy sector.

Icon

Corporate Genesis

The entity that would become Oil States International, Inc. was formally established as CE Holdings, Inc. in July 1995. This marked the beginning of a consolidated corporate structure.

Icon

Strategic Acquisitions

CE Holdings, Inc. initiated its growth by acquiring Continental Emsco Company and its subsidiaries, including Oil States Industries. This acquisition formed the bedrock of the future company.

Icon

Expansion and Rebranding

Following a name change to Conemsco, Inc. in 1996, the company expanded its services through acquisitions in offshore marine and oil drilling in 1997 and deep-sea maintenance in 1998. The rebranding to Oil States International, Inc. occurred in 2000.

Icon

Early Ownership Details

Specific equity splits for founders like Henry Zarrow at the inception of CE Holdings in 1995 are not publicly detailed. Public trading commenced later, making early individual ownership data less accessible.

The foundational vision of early leaders like Henry Zarrow was centered on providing critical products and services to the dynamic oil and gas sector. This enduring focus continues to shape the company's operational strategy and market position. For a deeper understanding of the company's journey, explore the Brief History of Oil States International.

Icon

Corporate Evolution and Ownership Structure

The transition from early entrepreneurial ventures to the incorporated entity of Oil States International, Inc. involved significant strategic moves. While detailed initial ownership percentages are not readily available, the company's growth trajectory was fueled by key acquisitions and a clear focus on the energy industry.

  • The company's lineage began with Henry Zarrow's oilfield supply store in 1937.
  • Oil States Industries, founded in 1949, contributed specialized manufacturing capabilities.
  • CE Holdings, Inc. was incorporated in 1995, marking the formal beginning of the current corporate structure.
  • Acquisitions of Continental Emsco Company and related entities were pivotal in early growth.
  • The company rebranded as Oil States International, Inc. in 2000, solidifying its identity.

Oil States International SWOT Analysis

  • Complete SWOT Breakdown
  • Fully Customizable
  • Editable in Excel & Word
  • Professional Formatting
  • Investor-Ready Format
Get Related Template

How Has Oil States International’s Ownership Changed Over Time?

Oil States International, Inc. transitioned to public ownership through its Initial Public Offering (IPO) in 2001, listing on the New York Stock Exchange under the symbol OIS. This event marked a significant shift from its previous private ownership structure.

Shareholder Type Percentage of Ownership (Approx.) Key Holders
Institutional Investors 85.01% - 86.11% (as of March-June 2025) Blackrock Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, D.E. Shaw & Co. Inc., First Eagle Investment Management LLC, Acadian Asset Management LLC
Insiders 7.43% - 7.69% (as of March-June 2025) Cindy B. Taylor (President and CEO), other executives and board members
Largest Individual Shareholder 8.28% Jana Partners LLC

The ownership landscape of Oil States International, Inc. is heavily dominated by institutional investors, who collectively held between 85.01% and 86.11% of the company's shares as of the first half of 2025. This significant institutional presence means that the company's stock performance can be notably influenced by the investment decisions of these large entities. Insiders, comprising company executives and board members, held a smaller but still relevant portion, ranging from 7.43% to 7.69% during the same period. The influence of these major stakeholders is evident in corporate governance matters, such as shareholder votes on executive compensation and board elections, which are key components of the Target Market of Oil States International.

Icon

Key Shareholders in Oil States International

Institutional investors are the primary owners of Oil States International, with significant stakes held by major asset management firms. Understanding these relationships is crucial for analyzing the company's financial ownership details.

  • Blackrock Inc. holds 11.16% of the company's shares.
  • Vanguard Group Inc. owns 7.11% and increased its stake in September 2024.
  • Jana Partners LLC is the largest individual shareholder with 8.28%.
  • Dimensional Fund Advisors LP accounts for 5.74% of ownership.
  • First Eagle Investment Management LLC holds 4.27%.

Oil States International PESTLE Analysis

  • Covers All 6 PESTLE Categories
  • No Research Needed – Save Hours of Work
  • Built by Experts, Trusted by Consultants
  • Instant Download, Ready to Use
  • 100% Editable, Fully Customizable
Get Related Template

Who Sits on Oil States International’s Board?

The governance of Oil States International, Inc. is overseen by a Board of Directors comprised of experienced individuals. This board is structured with three key committees: Audit, Compensation, and Nominating, Governance and Sustainability, all of which consist solely of independent directors. The company's corporate structure ensures a clear separation of duties and a focus on shareholder interests.

Director Name Role Term End
Darrell E. Hollek Class III Director 2028 Annual Meeting
Robert L. Potter Class III Director 2028 Annual Meeting
Hallie A. Vanderhider Class III Director 2028 Annual Meeting
Cindy B. Taylor Chief Executive Officer, President, and Director
Stephen A. Wells Chairman
Denise Castillo-Rhodes Independent Director
Lawrence R. Dickerson Independent Director
Edwin Wright Independent Director

The board's composition reflects a commitment to experienced leadership, with an average tenure of 7.2 years. This stability is further supported by shareholder votes, such as the advisory approval of executive compensation and the ratification of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2025. The approval of the Second Amended and Restated Equity Participation Plan also highlights shareholder endorsement of the company's incentive programs. The voting power for common stock generally adheres to a one-share-one-vote principle, indicating a straightforward ownership structure without prominent instances of special voting rights influencing control. Understanding these aspects is crucial for grasping Oil States International ownership and its overall corporate structure.

Icon

Board Oversight and Shareholder Alignment

The Board of Directors plays a vital role in guiding the company's strategic direction and ensuring robust corporate governance. Shareholder support for key proposals demonstrates alignment with the company's executive compensation and long-term incentive strategies.

  • Independent committees ensure objective oversight.
  • Average director tenure of 7.2 years signifies experience.
  • Shareholders ratified executive compensation and auditor appointments.
  • The company's Marketing Strategy of Oil States International is likely influenced by board decisions.
  • Voting power is generally based on a one-share-one-vote system.

Oil States International Business Model Canvas

  • Complete 9-Block Business Model Canvas
  • Effortlessly Communicate Your Business Strategy
  • Investor-Ready BMC Format
  • 100% Editable and Customizable
  • Clear and Structured Layout
Get Related Template

What Recent Changes Have Shaped Oil States International’s Ownership Landscape?

Over the past 3-5 years, Oil States International, Inc. has implemented strategic initiatives including share repurchases and operational adjustments. These actions reflect a focus on shareholder value and adapting to market dynamics. The company's ownership structure has seen a notable increase in institutional investor participation.

Ownership Category January 2025 June 2025
Institutional Ownership 76.16% 86.11%
Insider Ownership 7.43% 7.69%
Mutual Funds 51.68% 61.52%

Recent developments indicate a proactive approach to capital allocation and operational efficiency. The company initiated a $50 million share repurchase program in October 2024, repurchasing 1.5 million shares by December 2024 for $7.9 million. Further, in Q2 2025, free cash flow was used to buy back an additional $7 million of common stock and $15 million of convertible senior notes. Operationally, the company has been exiting underperforming U.S. land-based facilities and services, incurring $3.7 million in restructuring charges in the first half of 2025. Despite these adjustments, the Offshore/Manufactured Products segment experienced a 5% revenue increase in Q2 2025 compared to the prior year, with offshore and international markets contributing 72% of total revenues in Q2 2025. The company reported a net income of $3.2 million in Q1 2025 and $5.3 million in Q2 2025, marking a return to profitability. Management anticipates that geopolitical factors and crude oil production levels will continue to shape demand, with a strategic emphasis on operational optimization and exploring new technologies, including those related to offshore wind and deep-sea mineral gathering.

Icon Shareholder Value Enhancement

The company's share repurchase program and buybacks of convertible notes highlight a commitment to increasing stockholder returns. This strategy aims to boost earnings per share and reflect management's confidence in the company's intrinsic value.

Icon Operational Restructuring

Strategic exits from certain U.S. land-based operations are part of a broader effort to streamline the business. These adjustments are intended to improve overall efficiency and focus resources on more profitable segments.

Icon Segment Performance Drivers

The Offshore/Manufactured Products segment is showing growth, driven by international demand and offshore projects. This segment's performance is a key indicator of the company's ability to capitalize on global energy infrastructure development.

Icon Future Market Focus

Looking ahead, the company is exploring opportunities in emerging sectors like offshore wind and deep-sea mineral gathering. This diversification strategy aims to leverage existing expertise and adapt to evolving energy landscapes, as detailed in the Growth Strategy of Oil States International.

Oil States International Porter's Five Forces Analysis

  • Covers All 5 Competitive Forces in Detail
  • Structured for Consultants, Students, and Founders
  • 100% Editable in Microsoft Word & Excel
  • Instant Digital Download – Use Immediately
  • Compatible with Mac & PC – Fully Unlocked
Get Related Template

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.