Oceaneering International, Inc. (OII)

NYSE: OII · IEX Real-Time Price · USD
23.78
+0.26 (1.11%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.11%
Market Cap 2.41B
Revenue (ttm) 2.49B
Net Income (ttm) 108.48M
Shares Out 101.39M
EPS (ttm) 1.06
PE Ratio 22.43
Forward PE 17.22
Dividend n/a
Ex-Dividend Date n/a
Volume 647,733
Open 23.74
Previous Close 23.52
Day's Range 23.55 - 23.97
52-Week Range 18.56 - 27.46
Beta 2.43
Analysts Buy
Price Target 27.50 (+15.64%)
Earnings Date Jul 24, 2024

About OII

Oceaneering International, Inc. provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments. The company offers remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, surve... [Read more]

Sector Energy
Founded 1964
Employees 10,100
Stock Exchange NYSE
Ticker Symbol OII
Full Company Profile

Financial Performance

In 2023, OII's revenue was $2.42 billion, an increase of 17.36% compared to the previous year's $2.07 billion. Earnings were $97.40 million, an increase of 275.48%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for OII stock is "Buy." The 12-month stock price forecast is $27.5, which is an increase of 15.64% from the latest price.

Price Target
$27.5
(15.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Oceaneering Awarded Multiple Contracts for Vessel Services in the Gulf of Mexico

HOUSTON--(BUSINESS WIRE)--Oceaneering Awarded Multiple Contracts for OPG Vessel Services in the Gulf of Mexico.

5 days ago - Business Wire

Oceaneering Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Second Quarter 2024 Earnings Release and Conference Call: July 24 and July 25.

6 days ago - Business Wire

Oceaneering's Manufactured Products Segment Secures Large Umbilical Contract

HOUSTON--(BUSINESS WIRE)--Oceaneering's Manufactured Products Segment Secures Large Umbilical Contract.

12 days ago - Business Wire

Oceaneering to Present at the J.P. Morgan Energy, Power & Renewables Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Present at the 2024 J.P. Morgan Energy, Power & Renewables Conference.

20 days ago - Business Wire

Oceaneering Announces Manufactured Products Contracts with Petrobras

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (NYSE:OII) announced that its Manufactured Products segment has secured two significant contracts with Petroleo Brasileiro S.A. (“Petrobras”) ...

22 days ago - Business Wire

Oceaneering Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)--Oceaneering Reports First Quarter 2024 Results.

2 months ago - Business Wire

Oceaneering Reschedules Time of First Quarter 2024 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering Reschedules Time of First Quarter 2024 Earnings Conference Call to 9.00 a.m. Central, April 25, 2024.

2 months ago - Business Wire

Oceaneering to Host Investor & Analyst Day, May 9, 2024

HOUSTON--(BUSINESS WIRE)--Oceaneering to Host Investor & Analyst Day, May 9, 2024.

3 months ago - Business Wire

Oceaneering Announces Dates for First Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for First Quarter 2024 Earnings Release and Conference Call -- April 24 and April 25, respectively.

3 months ago - Business Wire

Oceaneering to Participate at Investor Conferences: Annual Roth Conference and Piper Sandler Energy Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Investor Conferences: Annual Roth Conference and Piper Sandler Energy Conference.

4 months ago - Business Wire

Oceaneering Appoints New Member to Its Board of Directors

HOUSTON--(BUSINESS WIRE)--Oceaneering Appoints New Member to Its Board of Directors, Reema Poddar.

4 months ago - Business Wire

Oceaneering Reports Fourth Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Oceaneering Reports Fourth Quarter and Full Year 2023 Results.

4 months ago - Business Wire

Oceaneering to Participate at Investor Conferences: J.P. Morgan Global High Yield & Leveraged Finance Conference and Scotiabank Energy & Power Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at: J.P. Morgan Global High Yield & Leveraged Finance Conference and Scotiabank Energy & Power Conference.

4 months ago - Business Wire

Oceaneering's Manufactured Products Segment Books Contracts of Approximately $200 Million

HOUSTON--(BUSINESS WIRE)--Oceaneering's Manufactured Products Segment Books Contracts of Approximately $200 Million.

5 months ago - Business Wire

Oceaneering Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call: February 22 and February 23, respectively.

5 months ago - Business Wire

Oceaneering Appoints Hilary Frisbie as Senior Director, Investor Relations

HOUSTON--(BUSINESS WIRE)--Oceaneering Appoints Hilary Frisbie as Senior Director, Investor Relations.

6 months ago - Business Wire

Oceaneering Announces Release of 2023 Task Force on Climate-Related Financial Disclosures Report

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Release of 2023 Task Force on Climate-Related Financial Disclosures [TCFD] Report.

7 months ago - Business Wire

Oceaneering to Participate in the 2023 Capital One Securities Energy Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate in the 2023 Capital One Securities Energy Conference.

7 months ago - Business Wire

Oceaneering Announces the Promotion of Catherine E. Dunn to Vice President and Chief Accounting Officer

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces the Promotion of Catherine E. Dunn to Vice President and Chief Accounting Officer.

8 months ago - Business Wire

Oceaneering to Present at Baird's 2023 Global Industrial Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Present at Baird's 2023 Global Industrial Conference.

8 months ago - Business Wire

Oceaneering Reports Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Oceaneering Reports Third Quarter 2023 Results.

8 months ago - Business Wire

Oceaneering Announces Petrobras Drill Pipe Riser Systems Contract

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Petrobras Drill Pipe Riser Systems Contract.

9 months ago - Business Wire

Oceaneering Announces Dates for Third Quarter 2023 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Third Quarter 2023 Earnings Release and Conference Call; October 25 and October 26, respectively.

9 months ago - Business Wire

Oceaneering Announces Expiration and Results of Cash Tender Offer for Any and All of its Outstanding 4.650% Senior Notes due 2024

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Expiration and Results of Cash Tender Offer for Any and All of its Outstanding 4.650% Senior Notes due 2024.

9 months ago - Business Wire

Oceaneering Announces Pricing of Private Offering of $200 Million of Senior Notes

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Pricing of Private Offering of $200 Million of Senior Notes.

10 months ago - Business Wire