Business Context and Reporting Period
Company: Oil States International, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 6, 2007
Event: Regulation FD Disclosure regarding a new contract award.
Key Financial Metrics
This filing is a current report disclosing a specific corporate event and does not contain financial statements, revenue figures, profit data, cash flow, margins, debt levels, or liquidity metrics. The filing text does not provide a clear value for any financial performance indicators.
Material Changes
The material change disclosed is the award of a multi-year agreement to the Company's Canadian subsidiary, PTI Group Inc. ("PTI"). The contract is with Suncor Energy Services Inc. ("Suncor") to provide accommodations in support of oil sands development projects.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates a press release (Exhibit 99.1) announcing the contract award but does not include specific forward-looking guidance, quantitative outlook, or detailed risk factors within the body of this 8-K text.
Unusual Items: None reported beyond the standard contract award disclosure.
Investor Verification Checklist
- Verify the specific terms, duration, and estimated value of the multi-year agreement with Suncor Energy Services Inc. by reviewing the attached press release (Exhibit 99.1).
- Confirm the operational scope of the accommodations services to be provided for oil sands development projects.
- Assess the potential impact of this contract on PTI Group Inc.'s future revenue streams.