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NYSE:OIIOceaneering International Stock Price, Forecast & News

$6.07
+0.03 (+0.50 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$5.88
Now: $6.07
$6.15
50-Day Range
$5.39
MA: $5.97
$6.78
52-Week Range
$2.01
Now: $6.07
$15.99
Volume539,922 shs
Average Volume1.85 million shs
Market Capitalization$602.67 million
P/E RatioN/A
Dividend YieldN/A
Beta3.23
Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company's Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2018, this segment owned 275 work-class ROVs. The company's Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing steel tubes, thermoplastic hoses, and termination assemblies; tooling, ROV tooling, and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connector and repair systems; subsea and topside control valves; and subsea chemical injection valves, as well as offers riserless light well intervention services. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossing, and umbilical and other subsea equipment installations, and subsea intervention services. The company's Asset Integrity segment offers asset integrity services for the safety of customers' facilities onshore and offshore; third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. Its Advanced Technologies segment provides project management, engineering services, and equipment for applications in non-energy industries. The company was founded in 1964 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.35 out of 5 stars


Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryOil & Gas Equipment & Services
CUSIP67523210
Phone713-329-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.05 billion
Cash Flow$1.89 per share
Book Value$10.87 per share

Profitability

Net Income$-348,440,000.00

Miscellaneous

Employees9,100
Market Cap$602.67 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$6.07
+0.03 (+0.50 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Oceaneering International (NYSE:OII) Frequently Asked Questions

How has Oceaneering International's stock price been impacted by Coronavirus?

Oceaneering International's stock was trading at $3.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OII shares have increased by 70.0% and is now trading at $6.07.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Oceaneering International?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oceaneering International in the last year. There are currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Oceaneering International
.

When is Oceaneering International's next earnings date?

Oceaneering International is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Oceaneering International
.

How were Oceaneering International's earnings last quarter?

Oceaneering International (NYSE:OII) issued its quarterly earnings data on Wednesday, July, 29th. The oil and gas company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.07. The oil and gas company earned $427.22 million during the quarter, compared to the consensus estimate of $458.30 million. Oceaneering International had a negative net margin of 33.67% and a negative return on equity of 4.16%. The company's revenue was down 13.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.32) earnings per share.
View Oceaneering International's earnings history
.

What price target have analysts set for OII?

12 brokers have issued 12 month target prices for Oceaneering International's stock. Their forecasts range from $4.00 to $20.00. On average, they expect Oceaneering International's share price to reach $11.21 in the next year. This suggests a possible upside of 84.7% from the stock's current price.
View analysts' price targets for Oceaneering International
.

Has Oceaneering International been receiving favorable news coverage?

Media stories about OII stock have trended positive this week, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Oceaneering International earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Oceaneering International
.

Are investors shorting Oceaneering International?

Oceaneering International saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,670,000 shares, a drop of 27.2% from the May 31st total of 3,670,000 shares. Based on an average trading volume of 2,030,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.7% of the shares of the stock are sold short.
View Oceaneering International's Short Interest
.

Who are some of Oceaneering International's key competitors?

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), Cisco Systems (CSCO), Bank of America (BAC), Square (SQ), Baidu (BIDU), Editas Medicine (EDIT), Telefonaktiebolaget LM Ericsson (ERIC), Intuitive Surgical (ISRG), Marvell Technology Group (MRVL) and ON Semiconductor (ON).

Who are Oceaneering International's key executives?

Oceaneering International's management team includes the following people:
  • Mr. Roderick A. Larson, Pres, CEO & Director (Age 52)
  • Mr. Alan R. Curtis, Sr. VP & CFO (Age 53)
  • Mr. Clyde W. Hewlett, Chief Operating Officer (Age 64)
  • Mr. David K. Lawrence, Sr. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Stephen P. Barrett, Sr. VP of Bus. Devel. (Age 61)

What is Oceaneering International's stock symbol?

Oceaneering International trades on the New York Stock Exchange (NYSE) under the ticker symbol "OII."

Who are Oceaneering International's major shareholders?

Oceaneering International's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (12.72%), Vanguard Group Inc. (11.34%), Fisher Asset Management LLC (2.56%), Bank of New York Mellon Corp (1.27%), Principal Financial Group Inc. (0.76%) and Prudential Financial Inc. (0.55%). Company insiders that own Oceaneering International stock include Alan R Curtis, David K Lawrence, Earl Childress, M Kevin Mcevoy, Roderick A Larson, Stephen P Barrett and Witland J Jr Leblanc.
View institutional ownership trends for Oceaneering International
.

Which institutional investors are selling Oceaneering International stock?

OII stock was sold by a variety of institutional investors in the last quarter, including PDT Partners LLC, Bank of America Corp DE, Fisher Asset Management LLC, Canada Pension Plan Investment Board, Gabelli Funds LLC, Bank of New York Mellon Corp, Silvercrest Asset Management Group LLC, and State of Tennessee Treasury Department.
View insider buying and selling activity for Oceaneering International
.

Which institutional investors are buying Oceaneering International stock?

OII stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Key Group Holdings Cayman LTD., Vanguard Group Inc., William Blair Investment Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Prudential Financial Inc., Federated Hermes Inc., and First Quadrant L P CA. Company insiders that have bought Oceaneering International stock in the last two years include Alan R Curtis, David K Lawrence, Earl Childress, M Kevin Mcevoy, Roderick A Larson, Stephen P Barrett, and Witland J Jr Leblanc.
View insider buying and selling activity for Oceaneering International
.

How do I buy shares of Oceaneering International?

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

What is Oceaneering International's stock price today?

One share of OII stock can currently be purchased for approximately $6.07.

How big of a company is Oceaneering International?

Oceaneering International has a market capitalization of $602.67 million and generates $2.05 billion in revenue each year. The oil and gas company earns $-348,440,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis. Oceaneering International employs 9,100 workers across the globe.

What is Oceaneering International's official website?

The official website for Oceaneering International is www.oceaneering.com.

How can I contact Oceaneering International?

Oceaneering International's mailing address is 11911 FM 529, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 713-329-4500 or via email at [email protected]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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