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Slide #45. Oil States International, Inc. — Quality Connector Systems
Oil States International, Inc. (NYSE:OIS)
Quality Connector Systems
Oil States International, Inc. (NYSE:OIS) announced today that its subsidiary, Oil States Industries, Inc., has acquired Quality Connector Systems, LLC ("QCS"). Headquartered in Houston, Texas, QCS designs, manufactures and markets a portfolio of proprietary deep and shallow water pipeline connectors for subsea pipeline construction, repair and expansion projects. Terms of the transaction were not disclosed.
Oil States International, through its subsidiaries, is an oilfield products and services company serving the drilling, completion, subsea, production and infrastructure sectors of the oil and gas industry. Co. is also a provider of completion services to the industry. Co. operates through three segments: well site services, whose operations primarily include completion-focused equipment and services as well as land drilling services; downhole technologies, which provides oil and gas perforation systems and downhole tools; and offshore/manufactured products, which designs, manufactures and markets capital equipment utilized on floating production systems, among others.
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Hold (2.20 out of 4)
(ranked lower than approx. 91% of all stocks covered)
Based on Zacks ABR data;
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