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NYSE:OIIOceaneering International Stock Price, Forecast & News

$5.27
-0.15 (-2.77 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$5.11
Now: $5.27
$5.37
50-Day Range
$2.84
MA: $4.32
$5.42
52-Week Range
$2.01
Now: $5.27
$21.29
Volume947,600 shs
Average Volume2.04 million shs
Market Capitalization$523.14 million
P/E RatioN/A
Dividend YieldN/A
Beta3.26
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: 4.1Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.16 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.05 billion
Cash Flow$1.83 per share
Book Value$10.87 per share

Profitability

Net Income$-348,440,000.00

Miscellaneous

Employees9,100
Market Cap$523.14 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Oceaneering International (NYSE:OII) Frequently Asked Questions

How has Oceaneering International's stock been impacted by COVID-19 (Coronavirus)?

Oceaneering International's stock was trading at $3.57 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OII stock has increased by 47.6% and is now trading at $5.27. View which stocks have been most impacted by Coronavirus.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oceaneering International in the last year. There are currently 1 sell rating, 7 hold ratings and 3 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, July 22nd 2020. View our earnings forecast for Oceaneering International.

How were Oceaneering International's earnings last quarter?

Oceaneering International (NYSE:OII) posted its quarterly earnings results on Wednesday, May, 13th. The oil and gas company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.23. The oil and gas company had revenue of $536.67 million for the quarter, compared to the consensus estimate of $540.52 million. Oceaneering International had a negative net margin of 33.06% and a negative return on equity of 5.05%. During the same period in the previous year, the firm earned ($0.24) EPS. View Oceaneering International's earnings history.

What price target have analysts set for OII?

11 brokerages have issued 12-month price targets for Oceaneering International's shares. Their forecasts range from $4.00 to $20.00. On average, they anticipate Oceaneering International's stock price to reach $12.43 in the next year. This suggests a possible upside of 135.9% 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 been trending negative on Wednesday, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Oceaneering International earned a daily sentiment score of -2.2 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutOceaneering International.

Are investors shorting Oceaneering International?

Oceaneering International saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,240,000 shares, an increase of 18.1% from the April 15th total of 3,590,000 shares. Based on an average daily volume of 2,210,000 shares, the short-interest ratio is currently 1.9 days. Currently, 4.4% of the shares of the stock are sold short. View Oceaneering International's Current Options Chain.

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), Baidu (BIDU), Cisco Systems (CSCO), Editas Medicine (EDIT), Intuitive Surgical (ISRG), ON Semiconductor (ON), Ambarella (AMBA), Alibaba Group (BABA), Bank of America (BAC) and Incyte (INCY).

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 shareholders include BlackRock Inc. (16.68%), State Street Corp (4.03%), Fisher Asset Management LLC (2.66%), Van ECK Associates Corp (2.62%), Balyasny Asset Management LLC (1.50%) and Geode Capital Management LLC (1.39%). 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, T Jay Collins and Witland J Jr Leblanc. View institutional ownership trends for Oceaneering International.

Which major investors are selling Oceaneering International stock?

OII stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Morgan Stanley, AQR Capital Management LLC, Federated Hermes Inc., Deutsche Bank AG, Nuveen Asset Management LLC, Personal Capital Advisors Corp, and Thrivent Financial for Lutherans. View insider buying and selling activity for Oceaneering International.

Which major investors are buying Oceaneering International stock?

OII stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Van ECK Associates Corp, Schroder Investment Management Group, JPMorgan Chase & Co., First Manhattan Co., Balyasny Asset Management LLC, State Street Corp, and BlackRock Inc.. 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 $5.27.

How big of a company is Oceaneering International?

Oceaneering International has a market capitalization of $523.14 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 5/27/2020 by MarketBeat.com Staff

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