Business Context and Reporting Period
Company: Oil States International, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 16, 2023
Reporting Period: The filing references a press release regarding results of operations and financial condition for the quarter ended December 31, 2022.
Key Financial Metrics
The provided text serves as a cover report referencing a press release (Exhibit 99.1) but does not contain specific financial data. Consequently, the filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
No material financial changes are detailed in the text of this 8-K. The document primarily announces the publication of Q4 2022 results and a change in board composition.
Management Commentary, Risks, and Corporate Events
- Board Departure: Christopher T. Seaver informed the Board of his decision to retire at the conclusion of his current term, expiring at the 2023 Annual Meeting of Stockholders on May 9, 2023.
- Reason for Departure: The retirement did not result from any disagreement with the Company regarding operations, policies, or practices.
- Committee Role: Mr. Seaver serves as a member of the Audit Committee.
- Financial Disclosure Status: The information regarding Q4 2022 results is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) for specific Q4 2022 financial figures, as they are not included in the 8-K text.
- Verify the composition of the Audit Committee following Mr. Seaver's retirement at the May 9, 2023 Annual Meeting.
- Confirm the status of the 2023 Annual Meeting of Stockholders scheduled for May 9, 2023.