5 unchanged sentences
Our common stock is traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “OIS”.
−Removed: We have not declared or paid any cash dividends on our common stock since our initial public offering in 2001 and our ABL Facility (as defined below) limits the payment of dividends.
+Added: We have not declared or paid any cash dividends on our common stock since our initial public offering in 2001 and, while permitted, our ABL Facility limits the payment of dividends.
For additional discussion of such restrictions, see “Part II, Item 7.
2 unchanged sentences
Performance Graph
−Removed: The following graph and table compare the cumulative five-year total stockholder return on our common stock relative to the cumulative total returns of the Standard & Poor’s 500 Stock Index, the PHLX Oil Service Sector index, an index of oil and gas related companies that represent an industry composite of our peer group, and a customized peer group of twelve companies, with the individual companies listed in footnote (2) below.
+Added: The following graph and table compare the cumulative five-year total stockholder return on our common stock relative to the cumulative total returns of the Standard & Poor’s 500 Stock Index, the PHLX Oil Service Sector index, an index of oil and gas related companies that represent an industry composite of our peer group, and customized peer groups of twelve companies, with the individual companies listed in footnotes (1) and (2) below, respectively for the period from December 31, 2019 to December 31, 2024.
The graph and chart show the value at the dates indicated of $100 invested as of December 31, 2019 and assume the reinvestment of all dividends.
3 unchanged sentences
Among Oil States International, Inc., the S&P 500 Index,
−Removed: the PHLX Oil Service Sector Index and our Peer Group (1)
+Added: the PHLX Oil Service Sector Index, our Old Peer Group (1) and our New Peer Group (2)
2019 2020 2021 2022 2023 2024
1 unchanged sentence
$ 100.00 $ 30.78 $ 30.47 $ 45.74 $ 41.63 $ 31.02
−Removed: Peer Group (1)
+Added: Old Peer Group (1)
$ 100.00 $ 58.37 $ 61.40 $ 98.48 $ 99.60 $ 107.37
+Added: New Peer Group (2)
+Added: $ 100.00 $ 60.02 $ 63.17 $ 90.17 $ 97.35 $ 109.02
PHLX Oil Service Sector $ 100.00 $ 57.92 $ 69.94 $ 112.94 $ 115.10 $ 101.68
1 unchanged sentence
____________________
−Removed: (1) The twelve companies included in our customized peer group are:
−Removed: Archrock, Inc., Core Laboratories N.V., Dril-Quip, Inc., Expro Group Holdings N.V., Forum Energy Technologies, Inc., Helix Energy Solutions Group, Inc., Helmerich & Payne, Inc., Newpark Resources, Inc., Oceaneering International, Inc., RPC, Inc., Select Water Solutions, Inc.
+Added: (1) The twelve companies included in our first customized peer group (“Old Peer Group”) are:
+Added: Archrock, Inc., Core Laboratories N.V., Expro Group Holdings N.V., Forum Energy Technologies, Inc., Helix Energy Solutions Group, Inc., Helmerich & Payne, Inc., Innovex International, Inc., (Dril-Quip, Inc., prior to merger), NPK International, Inc.
+Added: (formerly Newpark Resources, Inc.), Oceaneering International, Inc., RPC, Inc., Select Water Solutions, Inc.
(formerly Select Energy Services, Inc.), and TETRA Technologies, Inc.
+Added: (2) The twelve companies included in our second customized peer group (“New Peer Group”) are:
+Added: Archrock, Inc., Core Laboratories N.V., Expro Group Holdings N.V., Forum Energy Technologies, Inc., Helix Energy Solutions Group, Inc., Innovex International, Inc., (Dril-Quip, Inc., prior to merger), NPK International, Inc.
+Added: (formerly Newpark Resources, Inc.), Oceaneering International, Inc., ProPetro Holding Corp., RPC, Inc., Select Water Solutions, Inc.
+Added: (formerly Select Energy Services, Inc.), and TETRA Technologies, Inc.
Information used in the graph and table was obtained from Research Data Group, Inc., a source believed to be reliable, but we are not responsible for any errors or omissions in such information.
14 unchanged sentences
(1) Average price paid per share excludes the impact of excise taxes.
−Removed: (2) On February 16, 2023, our Board approved a share repurchase program of up to $25.0 million, which extends for two years.
−Removed: As of December 31, 2023, $6.9 million of share repurchases have been made under this authorization.
+Added: (2) In February 2023, our Board approved a share repurchase program of up to $25.0 million, through February 2025.
+Added: On October 24, 2024, our Board of Directors terminated our existing common stock repurchase program and replaced it with a new $50.0 million common stock repurchase authorization, which expires in October 2026.
+Added: As of December 31, 2024, $8.7 million of share repurchases were made under this new authorization.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.