Oceaneering International, Inc. (OII)

NYSE: OII · IEX Real-Time Price · USD
9.21
-0.43 (-4.46%)
Aug 15, 2022 4:00 PM EDT - Market closed
-4.46%
Market Cap 923.39M
Revenue (ttm) 1.90B
Net Income (ttm) -61.67M
Shares Out 100.26M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE 38.17
Dividend n/a
Ex-Dividend Date n/a
Volume 637,914
Open 9.10
Previous Close 9.64
Day's Range 8.86 - 9.25
52-Week Range 8.56 - 18.20
Beta 2.78
Analysts Buy
Price Target 16.25 (+76.4%)
Earnings Date Jul 27, 2022

About OII

Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positi... [Read more...]

Industry Energy Equipment & Services
Founded 1964
CEO Roderick Larson
Employees 8,500
Stock Exchange NYSE
Ticker Symbol OII
Full Company Profile

Financial Performance

In 2021, OII's revenue was $1.87 billion, an increase of 2.26% compared to the previous year's $1.83 billion. Losses were -$49.31 million, -90.07% less than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for OII stock is "Buy." The 12-month stock price forecast is 16.25, which is an increase of 76.44% from the latest price.

Price Target
$16.25
(76.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Oceaneering (OII) Q2 Earnings Lag Estimates, Sales Beat

Oceaneering International's (OII) second-quarter earnings lag the consensus mark, while revenues beat estimates due to increased revenues in certain segments, backed by the recovering offshore activity.

Oceaneering International (OII) Lags Q2 Earnings Estimates

Oceaneering International (OII) delivered earnings and revenue surprises of -50% and 0.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Oceaneering Reports Second Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $3.7 million, or $0.04 per share, on revenue of $524 million for the three months ended ...

Is the Options Market Predicting a Spike in Oceaneering International (OII) Stock?

Investors need to pay close attention to Oceaneering International (OII) stock based on the movements in the options market lately.

Oceaneering International (OII) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Oceaneering International (OII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Should Value Investors Buy Oceaneering International (OII) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Oceaneering Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the second quarter of 2022 on Wednesday, July 27, 2022, after the...

Strength Seen in Oceaneering International (OII): Can Its 12.1% Jump Turn into More Strength?

Oceaneering International (OII) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further streng...

Oceaneering to Present at the J.P. Morgan Energy Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Present at J.P. Morgan Energy, Power & Renewables Conference, June 22, 2022.

Oceaneering (OII) to Partner With Collins for NASA Project

Oceaneering International (OII) to team up with Collins Aerospace and ILC Dover for the development of high-technology spacesuits for NASA.

Oceaneering to Team with Collins Aerospace, ILC Dover on NASA's Next-Generation Spacesuit Program

HOUSTON--(BUSINESS WIRE)--Oceaneering to Team with Collins Aerospace, ILC Dover on NASA's Next-Generation Spacesuit Program

Why Shares in Oceaneering International Bounced Back This Week

Sentiment changed again regarding the oilfield services company.

Why Shares in Subsea Robotics Company Oceaneering Slumped This Week

The company's earnings report wasn't quite what investors were hoping for.

Oceaneering (OII) Q1 Loss Narrower Than Estimates, Sales Beat

Oceaneering International (OII) posts a Q1 loss narrower than the consensus mark, while revenues beat estimates due to solid performances.

Why Oceaneering International Stock Tanked as Much as 12% in Early Trading Today

Shares of the energy services company got hit after it reported earnings, even though it bested Wall Street's expectations.

Oceaneering International (OII) Reports Q1 Loss, Tops Revenue Estimates

Oceaneering International (OII) delivered earnings and revenue surprises of 40% and 7.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Oceaneering Reports First Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Oceaneering reports first quarter 2022 results.

Oceaneering International (OII) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Oceaneering (OII) Reveals Revolving Credit Facility of $215M

Oceaneering International's (OII) new credit facility replaces the existing one, which was supposed to mature on Jan 25, 2023.

Oceaneering Announces Release of Inaugural Climate Change Report

HOUSTON--(BUSINESS WIRE)--Oceaneering announces release of its inaugural climate change report in alignment with TCFD framework.

Oceaneering Announces $215 Million Sustainability-Linked Revolving Credit Facility

HOUSTON--(BUSINESS WIRE)--Oceaneering announces $215 million sustainability-linked, four-year, senior secured revolving credit facility.

Oceaneering Announces Dates for First Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the first quarter of 2022 on Wednesday, April 27, 2022, after the...

3 Stocks That Look Cheap Compared to Their Cash Flows

I believe that one of the best places to look for value is with companies that look cheap compared to their cash generation. In business, cash is king.

Other symbols: REVGWHR

Oceaneering (OII) Sells Decommissioning Segment to Claxton

Acteon's subsidiary, Claxton, acquires Oceaneering International's (OII) decommissioning assets and personnel for an undisclosed amount.

Oceaneering to Participate at the 2022 Piper Sandler Energy Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Piper Sandler Energy Conference, March 22