Dimensional Fund Advisors Takes 5.0% Stake in Oil States Intl.

TL;DR

**Dimensional Fund Advisors just disclosed a 5.0% passive stake in Oil States International.**

AI Summary

Dimensional Fund Advisors LP, a major investment firm, reported owning 5.0% of Oil States International Inc.'s common stock as of December 29, 2023. This filing, an SC 13G, indicates a passive investment, meaning Dimensional Fund Advisors isn't looking to influence the company's management. For investors, this signals that a large, respected institutional investor sees value in Oil States International, potentially boosting confidence in the stock.

Why It Matters

This filing shows a significant institutional investor, Dimensional Fund Advisors LP, has a substantial stake in Oil States International, which can be seen as a vote of confidence in the company's future.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large fund, which generally doesn't pose a direct risk to existing shareholders.

Analyst Insight

A smart investor would view this as a positive signal, suggesting that a reputable fund sees value in Oil States International. It might warrant further research into the company's fundamentals and recent performance.

Key Numbers

• 5.0% — Ownership Stake (Percentage of Oil States International Inc. common stock owned by Dimensional Fund Advisors LP)

Key Players & Entities

• Dimensional Fund Advisors LP (company) — reporting person and institutional investor
• Oil States International Inc. (company) — subject company, an oil & gas machinery and equipment manufacturer
• 5.0% (dollar_amount) — percentage of common stock owned by Dimensional Fund Advisors LP
• December 29, 2023 (date) — date of the event requiring the filing
• 678026105 (person) — CUSIP Number for Oil States International Inc. Common Stock

Forward-Looking Statements

• Other institutional investors may take note of Dimensional Fund Advisors' stake and potentially increase their own positions in Oil States International. (Oil States International Inc.) — medium confidence, target: Within the next 6-12 months

FAQ

From the Filing

0000354204-24-003272.txt : 20240209 0000354204-24-003272.hdr.sgml : 20240209 20240209095916 ACCESSION NUMBER: 0000354204-24-003272 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OIL STATES INTERNATIONAL, INC CENTRAL INDEX KEY: 0001121484 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] ORGANIZATION NAME: 06 Technology IRS NUMBER: 760476605 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78072 FILM NUMBER: 24612517 BUSINESS ADDRESS: STREET 1: THREE ALLEN CENTER STREET 2: 333 CLAY STREET, SUITE 4620 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-652-0582 MAIL ADDRESS: STREET 1: THREE ALLEN CENTER STREET 2: 333 CLAY STREET, SUITE 4620 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: OIL STATES INTERNATIONAL INC DATE OF NAME CHANGE: 20000808 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DIMENSIONAL FUND ADVISORS LP CENTRAL INDEX KEY: 0000354204 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 222370029 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: (512) 306-7400 MAIL ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 FORMER COMPANY: FORMER CONFORMED NAME: DIMENSIONAL FUND ADVISORS INC DATE OF NAME CHANGE: 19920929 SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * Oil States International Inc (Name of Issuer) Common Stock (Title of Class of Securities) 678026105 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 678026105 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Fund Advisors LP 30-0447847 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 4,152,989 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 4,227,323 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,227,323 ** see Note 1 ** 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Oil States International Inc (b) Address of Issuer's Principal Executive Offices 3 Allen Center, 333 Clay Street, Suite 4620, Houston, TX 77002 Item 2. (a) Name of Person Filing Dimensional Fund Advisors LP (b) Address of Principal Business Office or, if None, Residence 6300 Bee Cave Road, Building One, Austin, TX 78746 (c) Citizenship Delaware Limited Partnership (d) Title of Class of Securities Common Stock (e) CUSIP Number