Why Oil States International, Inc. (OIS) Stock Crashed This Week

We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Oil States International, Inc. (NYSE:OIS) stands against other energy stocks that are losing this week.

The global energy industry has faced a major setback this week after there were serious concerns of an escalating global trade war and a looming economic slowdown. After China hit back at President Trump’s tariffs with 34% duties on all US goods, global oil prices plunged over 8%, heading for their lowest close since the height of the Covid-19 pandemic in 2021. Moreover, the US natural gas price at Henry Hub has also fallen by around 7.5% amid broad market selling. While the Trump administration has given exemptions to oil, gas, and refined products in its swapping tariffs, the threat of inflation and slowing economic growth have weighed down energy prices. JP Morgan has stated that it now sees a 60% chance of a global economic recession by year end, up from 40% previously.

To put further pressure on oil prices, OPEC+ has decided to accelerate plans for output increases, with the group now aiming to supply 411,000 barrels per day (bpd) to the market in May, up from the previously planned 135,000 bpd. As a result, Goldman Sachs analysts have sharply reduced their December 2025 forecasts, cutting Brent and WTI targets by $5 each to $66 and $62 per barrel, respectively.

Why Oil States International, Inc. (OIS) is Losing This Week?

An offshore oil installation platform, its production arm reaching out to the horizon.

Our Methodology

To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between March 27 to April 3, 2025. Following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period.

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Oil States International, Inc. (NYSE:OIS)

Share Price Decline Between Mar. 27 and Apr. 3: 19.12%

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) reported mixed results in Q4 2024, as its adjusted EPS of $0.09 topped expectations of $0.06. However, the company’s revenue of $164.6 million missed estimates by $8.73 million. The recent decline in the firm’s share price is due to a combination of factors, including a broader sell-off in the market due to an escalating global trade war, the tariffs on steel and aluminum imports, which would raise costs for its business, and the recent drop in the global prices of oil.

Overall, OIS ranks 9th on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OIS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.