S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Critical asset just had biggest fall on record (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:OII

Oceaneering International (OII) Stock Price, News & Analysis

$20.64
+0.88 (+4.45%)
(As of 03/1/2024 ET)
Today's Range
$20.13
$21.02
50-Day Range
$19.11
$22.53
52-Week Range
$14.99
$27.46
Volume
838,612 shs
Average Volume
791,017 shs
Market Capitalization
$2.08 billion
P/E Ratio
21.73
Dividend Yield
N/A
Price Target
$26.50

Oceaneering International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
28.4% Upside
$26.50 Price Target
Short Interest
Bearish
4.88% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Oceaneering International in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.26%
From $1.52 to $1.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.03 out of 5 stars

Oils/Energy Sector

135th out of 240 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

12th out of 19 stocks

OII stock logo

About Oceaneering International Stock (NYSE:OII)

Oceaneering International, Inc. provides engineered services and 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 positioning services, as well as autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.

OII Stock Price History

OII Stock News Headlines

Barclays Reaffirms Their Hold Rating on Oceaneering International (OII)
Oceaneering Appoints New Member to Its Board of Directors
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 Oceaneering International Inc Earnings Call
Oceaneering International Inc. Q4 Profit Increases, but misses estimates
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Oceaneering Reports Fourth Quarter 2023 Results
Here's what to expect from Oceaneering International's earnings report
Oceaneering International, Inc.
What's in Store for ConocoPhillips (COP) in Q4 Earnings?
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
3/01/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
67523210
Employees
9,200
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$26.50
High Stock Price Target
$31.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+28.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$97.40 million
Pretax Margin
6.64%

Debt

Sales & Book Value

Annual Sales
$2.42 billion
Cash Flow
$1.84 per share
Book Value
$6.29 per share

Miscellaneous

Free Float
98,494,000
Market Cap
$2.08 billion
Optionable
Optionable
Beta
2.51

Social Links

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Key Executives

  • Mr. Roderick A. Larson (Age 57)
    President, CEO & Director
    Comp: $4.28M
  • Mr. Alan R. Curtis (Age 58)
    Senior VP & CFO
    Comp: $1.59M
  • Mr. Martin J. McDonald (Age 60)
    Senior Vice President of Subsea Robotics
    Comp: $999.24k
  • Mr. Earl F. Childress (Age 58)
    Senior VP & Chief Commercial Officer
    Comp: $933.93k
  • Ms. Catherine E. Dunn
    VP, Chief Accounting Officer & Corporate Controller
  • Ms. Hilary Frisbie
    Senior Director of Investor Relations
  • Ms. Jennifer Fremont Simons (Age 47)
    Senior VP, Chief Legal Officer & Secretary
  • Ms. Holly D. Kriendler (Age 59)
    Senior VP & Chief Human Resources Officer
  • Mr. Philip G. Beierl (Age 64)
    Senior Vice President of Aerospace & Defense Technologies
  • Mr. Benjamin M. Laura (Age 45)
    Senior VP & Chief Innovation Officer














OII Stock Analysis - Frequently Asked Questions

Should I buy or sell Oceaneering International stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oceaneering International in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OII shares.
View OII analyst ratings
or view top-rated stocks.

What is Oceaneering International's stock price target for 2024?

2 brokers have issued 12-month price targets for Oceaneering International's stock. Their OII share price targets range from $22.00 to $31.00. On average, they anticipate the company's share price to reach $26.50 in the next year. This suggests a possible upside of 28.4% from the stock's current price.
View analysts price targets for OII
or view top-rated stocks among Wall Street analysts.

How have OII shares performed in 2024?

Oceaneering International's stock was trading at $21.28 on January 1st, 2024. Since then, OII shares have decreased by 3.0% and is now trading at $20.64.
View the best growth stocks for 2024 here
.

When is Oceaneering International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our OII earnings forecast
.

How were Oceaneering International's earnings last quarter?

Oceaneering International, Inc. (NYSE:OII) announced its earnings results on Thursday, February, 22nd. The oil and gas company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by $0.04. The oil and gas company earned $654.60 million during the quarter, compared to analyst estimates of $624.81 million. Oceaneering International had a net margin of 4.02% and a trailing twelve-month return on equity of 14.00%. Oceaneering International's quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.06 EPS.

Is Oceaneering International a good dividend stock?

Oceaneering International (NYSE:OII) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 63.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OII will have a dividend payout ratio of 37.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OII.

What is Roderick A. Larson's approval rating as Oceaneering International's CEO?

132 employees have rated Oceaneering International Chief Executive Officer Roderick A. Larson on Glassdoor.com. Roderick A. Larson has an approval rating of 79% among the company's employees.

What other stocks do shareholders of Oceaneering International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Oceaneering International investors own include NVIDIA (NVDA), Block (SQ), Cisco Systems (CSCO), Baidu (BIDU), Editas Medicine (EDIT), Intuitive Surgical (ISRG), Onsemi (ON), Bank of America (BAC), Marvell Technology (MRVL) and Ambarella (AMBA).

Who are Oceaneering International's major shareholders?

Oceaneering International's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.37%), Dimensional Fund Advisors LP (2.64%), Van ECK Associates Corp (2.05%), Brown Advisory Inc. (1.88%), Franklin Resources Inc. (1.68%) and Charles Schwab Investment Management Inc. (1.14%). Insiders that own company stock include Alan R Curtis, Christopher J Dyer, Deanna L Goodwin, Earl Childress, Karen H Beachy, M Kevin Mcevoy, Martin J Mcdonald, Shaun Roedel and Steven A Webster.
View institutional ownership trends
.

How do I buy shares of Oceaneering International?

Shares of OII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Oceaneering International have any subsidiaries?
The following companies are subsidiares of Oceaneering International: AGR Field Operations Holdings AS, Airsis, Blue Ocean Technologies, C & C Technologies (Thailand) Co. Ltd., C & C Technologies Inc., C & C Technologies Inc., CET Medway Ltd., Ecosse Subsea Systems, Grayloc Products Canada Ltd., Grayloc Products L.L.C., Grayloc Products L.L.C., Grayloc Products Ltd., Ifokus Engineering AS, Marine International Ltd., Marine Production Systems Do Brasil Ltda., Marine Production Systems Ltd., Meridian Ocean Services LLC, Norse Cutting & Abandonment Inc., Oceaneering AGV Systems B.V., Oceaneering AGV Systems GmbH, Oceaneering AS, Oceaneering Asset Integrity AS, Oceaneering Australia Pty. Limited, Oceaneering Canada Limited, Oceaneering Ebene Limited, Oceaneering Equatorial Guinea S.A.R.L., Oceaneering Ghana Limited, Oceaneering Holdings Sarl, Oceaneering Holdings Sarl Saudi Arabia Limited, Oceaneering International GmbH, Oceaneering International Holdings LLC, Oceaneering International Holdings Sarl, Oceaneering International S.A. de C.V., Oceaneering International Services Limited, Oceaneering Luxembourg Sarl, Oceaneering Marine Technologies Ltd., Oceaneering Mobile Workforce LLC, Oceaneering Mobile Workforce Limited, Oceaneering Rotator AS, Oceaneering Rotator AS, Oceaneering Senegal SARL, Oceaneering Services (Malaysia) Sdn Bhd, Oceaneering Services Overseas Limited, Oceaneering Services PNG Ltd., Oceaneering Underwater GmbH, Reflange Inc, Socar-Dalgidj LLC, Solus Ocean Systems Inc., and Spectrum Sales & Services LLC.
Read More
This page (NYSE:OII) was last updated on 3/2/2024 by MarketBeat.com Staff

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