Why These Energy Stocks are Losing This Week

3. Oil States International, Inc. (NYSE:OIS)

Share Price Decline Between Apr. 1 and Apr. 8: 37.5%

Oil States International, Inc. (NYSE:OIS) is a global provider of manufactured products and services for the oil and natural gas industry, as well as in the industrial and military sectors.

Oil States International, Inc. (NYSE:OIS) continues to decline due to the overall pressure faced by the oilfield services industry. The tariffs on raw material, coupled with the declining prices of oil and a potential decrease in demand, have created a bearish sentiment for the industry. Moreover, OIS reported mixed results in Q4 2024 as its revenue of $164.6 million missed estimates by $8.73 million.