NYSE:OII

Oceaneering International (OII) Stock Price, News & Analysis

$23.71
+0.18 (+0.76%)
(As of 05/17/2024 ET)
Today's Range
$23.44
$23.79
50-Day Range
$20.46
$25.51
52-Week Range
$14.99
$27.46
Volume
436,876 shs
Average Volume
819,517 shs
Market Capitalization
$2.40 billion
P/E Ratio
22.37
Dividend Yield
N/A
Price Target
$28.67

Oceaneering International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
20.9% Upside
$28.67 Price Target
Short Interest
Bearish
4.42% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.13mentions of Oceaneering International in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.00%
From $1.40 to $1.68 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.

1.63 out of 5 stars

Oils/Energy Sector

188th out of 245 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

14th out of 18 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. 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, survey and facilities inspection, maintenance, and repair; ROV tooling; and survey services, such as hydrographic survey, positioning services, and autonomous underwater vehicles for geoscience. It also 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 robotic technology and entertainment systems to various industries. In addition, the company offers subsea installation and intervention, including riserless light well intervention inspection, 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. Further, it provides asset integrity management, software and analytical solutions for the bulk cargo maritime industry, and software, digital, and connectivity solutions for the energy industry, as well as government services and products, including engineering and related manufacturing in defense and space exploration activities to the United States' 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

Breaking Down Oceaneering International: 4 Analysts Share Their Views
Oceaneering International Inc. Q1 Profit Increases, beats estimates
Oceaneering Reports First Quarter 2024 Results
Barclays Reaffirms Their Hold Rating on Oceaneering International (OII)
Oceaneering Appoints New Member to Its Board of Directors
Q4 2023 Oceaneering International Inc Earnings Call
Oceaneering International Inc. Q4 Profit Increases, but misses estimates
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
5/17/2024
Next Earnings (Estimated)
7/24/2024
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
10,100
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$28.67
High Stock Price Target
$34.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+20.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$97.40 million
Pretax Margin
6.86%

Debt

Sales & Book Value

Annual Sales
$2.42 billion
Cash Flow
$1.87 per share
Book Value
$6.21 per share

Miscellaneous

Free Float
99,057,000
Market Cap
$2.40 billion
Optionable
Optionable
Beta
2.44

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Key Executives

  • Mr. Roderick A. Larson (Age 57)
    President, CEO & Director
    Comp: $5.84M
  • Mr. Alan R. Curtis (Age 58)
    Senior VP & CFO
    Comp: $2.14M
  • Ms. Jennifer Fremont Simons (Age 47)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $1.17M
  • Mr. Martin J. McDonald (Age 60)
    Senior Vice President of Subsea Robotics
    Comp: $1.28M
  • Mr. Earl F. Childress (Age 58)
    Senior VP & Chief Commercial Officer
    Comp: $1.18M
  • Ms. Catherine E. Dunn
    VP, Chief Accounting Officer & Corporate Controller
  • Ms. Hilary Frisbie
    Senior Director of Investor Relations
  • 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?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oceaneering International in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OII shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OII, but not buy additional shares or sell existing shares.
View OII analyst ratings
or view top-rated stocks.

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

3 brokerages have issued 12-month price objectives for Oceaneering International's stock. Their OII share price targets range from $21.00 to $34.00. On average, they predict the company's share price to reach $28.67 in the next year. This suggests a possible upside of 20.9% 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 stock has increased by 11.4% and is now trading at $23.71.
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, July 24th 2024.
View our OII earnings forecast
.

How were Oceaneering International's earnings last quarter?

Oceaneering International, Inc. (NYSE:OII) released its earnings results on Wednesday, April, 24th. The oil and gas company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.16. The oil and gas company earned $599.09 million during the quarter, compared to analysts' expectations of $613.58 million. Oceaneering International had a trailing twelve-month return on equity of 14.82% and a net margin of 4.36%.

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.41%), Earnest Partners LLC (5.19%), Van ECK Associates Corp (2.05%), Janus Henderson Group PLC (1.24%), Hennessy Advisors Inc. (1.15%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.70%). 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.
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This page (NYSE:OII) was last updated on 5/18/2024 by MarketBeat.com Staff

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