Oceaneering International Company Profile (NYSE:OII)

About Oceaneering International (NYSE:OII)

Oceaneering International logoOceaneering International, Inc. is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company's business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies). Its four business segments within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The services and products it provides to the oil and gas industry include remotely operated vehicles, specialty subsea hardware, engineering and project management, subsea intervention services, including manned diving, survey and positioning services and asset integrity and nondestructive testing services. The Company serves the defense, aerospace and commercial theme park industries.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil Related Services and Equipment
  • Sub-Industry: Oil & Gas Equipment & Services
  • Symbol: NYSE:OII
  • CUSIP: 67523210
  • Web: www.oceaneering.com
Capitalization:
  • Market Cap: $2.42 billion
  • Outstanding Shares: 98,269,000
Average Prices:
  • 50 Day Moving Avg: $25.43
  • 200 Day Moving Avg: $24.86
  • 52 Week Range: $20.74 - $32.12
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 351.14
  • P/E Growth: 68.34
Sales & Book Value:
  • Annual Revenue: $2 billion
  • Price / Sales: 1.21
  • Book Value: $15.18 per share
  • Price / Book: 1.62
Dividend:
  • Annual Dividend: $0.60
  • Dividend Yield: 2.4%
Profitability:
  • EBITDA: $236.08 million
  • Net Margins: -1.41%
  • Return on Equity: 1.14%
  • Return on Assets: 0.55%
Debt:
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 2.61%
  • Quick Ratio: 2.06%
Misc:
  • Average Volume: 1.18 million shs.
  • Beta: 1.7
  • Short Ratio: 5.36
 

Frequently Asked Questions for Oceaneering International (NYSE:OII)

What is Oceaneering International's stock symbol?

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

How often does Oceaneering International pay dividends? What is the dividend yield for Oceaneering International?

Oceaneering International declared a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, August 25th will be paid a dividend of $0.15 per share on Friday, September 15th. This represents a $0.60 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Wednesday, August 23rd. View Oceaneering International's Dividend History.

How were Oceaneering International's earnings last quarter?

Oceaneering International, Inc. (NYSE:OII) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business earned $515.04 million during the quarter, compared to analyst estimates of $481.86 million. Oceaneering International had a negative net margin of 1.41% and a positive return on equity of 1.14%. The business's revenue for the quarter was down 17.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. View Oceaneering International's Earnings History.

When will Oceaneering International make its next earnings announcement?

Oceaneering International is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Oceaneering International.

Where is Oceaneering International's stock going? Where will Oceaneering International's stock price be in 2017?

15 brokerages have issued 12-month price targets for Oceaneering International's stock. Their predictions range from $19.00 to $37.00. On average, they expect Oceaneering International's stock price to reach $28.75 in the next year. View Analyst Ratings for Oceaneering International.

Are investors shorting Oceaneering International?

Oceaneering International saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 8,527,630 shares, a decrease of 33.2% from the August 31st total of 12,772,727 shares. Based on an average daily trading volume, of 985,444 shares, the days-to-cover ratio is currently 8.7 days. Approximately 8.8% of the company's shares are sold short.

Who are some of Oceaneering International's key competitors?

Who are Oceaneering International's key executives?

Oceaneering International's management team includes the folowing people:

  • John R. Huff, Chairman of the Board
  • Roderick A. Larson, President, Chief Executive Officer, Director
  • Alan R. Curtis, Chief Financial Officer, Senior Vice President
  • Clyde W. Hewlett, Chief Operating Officer
  • W. Cardon Gerner, Senior Vice President, Chief Accounting Officer
  • David K. Lawrence, Senior Vice President, General Counsel, Secretary
  • Stephen P. Barrett, Senior Vice President - Business Development
  • William J. Boyle, Senior Vice President - Asset Integrity
  • John R. Kreider, Senior Vice President - Advanced Technologies
  • Martin J. McDonald, Senior Vice President - Remotely Operated Vehicles

Who owns Oceaneering International stock?

Oceaneering International's stock is owned by many different of institutional and retail investors. Top institutional investors include Hermes Investment Management Ltd. (0.67%), Fisher Asset Management LLC (0.67%), Personal Capital Advisors Corp (0.10%), Mutual of America Capital Management LLC (0.08%), Robeco Institutional Asset Management B.V. (0.06%) and Shell Asset Management Co. (0.05%). Company insiders that own Oceaneering International stock include David K Lawrence, John R Huff, John R Kreider, Paul B Murphy Jr, Stephen P Barrett, T Jay Collins and W Cardon Gerner. View Institutional Ownership Trends for Oceaneering International.

Who sold Oceaneering International stock? Who is selling Oceaneering International stock?

Oceaneering International's stock was sold by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd., Fisher Asset Management LLC, Robeco Institutional Asset Management B.V., State Treasurer State of Michigan and Fox Run Management L.L.C.. Company insiders that have sold Oceaneering International stock in the last year include John R Kreider, Paul B Murphy Jr and W Cardon Gerner. View Insider Buying and Selling for Oceaneering International.

Who bought Oceaneering International stock? Who is buying Oceaneering International stock?

Oceaneering International's stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Personal Capital Advisors Corp, Mutual of America Capital Management LLC, Alpha Windward LLC and Meeder Asset Management Inc.. Company insiders that have bought Oceaneering International stock in the last two years include David K Lawrence and Stephen P Barrett. View Insider Buying and Selling for Oceaneering International.

How do I buy Oceaneering International stock?

Shares of Oceaneering International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Oceaneering International's stock price today?

One share of Oceaneering International stock can currently be purchased for approximately $24.58.


MarketBeat Community Rating for Oceaneering International (NYSE OII)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  291 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  720
MarketBeat's community ratings are surveys of what our community members think about Oceaneering International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Oceaneering International (NYSE:OII) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $28.75 (16.97% upside)
Consensus Price Target History for Oceaneering International (NYSE:OII)
Price Target History for Oceaneering International (NYSE:OII)
Analysts' Ratings History for Oceaneering International (NYSE:OII)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/10/2017Deutsche Bank AGInitiated CoverageHold$28.00N/AView Rating Details
10/6/2017Cowen and CompanySet Price TargetHold$28.00N/AView Rating Details
10/6/2017Barclays PLCInitiated CoverageEqual Weight -> Equal Weight$28.00N/AView Rating Details
10/3/2017Piper Jaffray CompaniesReiterated RatingOverweight$26.00 -> $28.00LowView Rating Details
9/12/2017J P Morgan Chase & CoLower Price TargetUnderweight$22.00 -> $21.00LowView Rating Details
8/25/2017Royal Bank Of CanadaUpgradeUnderperform -> Outperform$25.00 -> $33.00HighView Rating Details
7/28/2017ScotiabankSet Price TargetBuy$37.00MediumView Rating Details
7/20/2017Seaport Global SecuritiesReiterated RatingSell -> NeutralLowView Rating Details
6/21/2017Morgan StanleyDowngradeEqual Weight -> Underweight$33.00 -> $28.00HighView Rating Details
6/19/2017Jefferies Group LLCReiterated RatingHold$25.00LowView Rating Details
6/6/2017Wolfe ResearchDowngradeMarket Perform -> UnderperformMediumView Rating Details
3/23/2017Tudor PickeringInitiated CoverageHoldLowView Rating Details
2/9/2017Capital One Financial CorporationUpgradeEqual Weight -> OverweightN/AView Rating Details
1/18/2017SunTrust Banks, Inc.Initiated CoverageHold$33.00N/AView Rating Details
12/15/2016Howard WeilUpgradeSector Perform -> Outperform$34.00 -> $37.00N/AView Rating Details
10/18/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
9/30/2016Loop CapitalInitiated CoverageBuyN/AView Rating Details
9/27/2016Citigroup Inc.Initiated CoverageNeutral$27.00N/AView Rating Details
7/15/2016StephensReiterated RatingTop PickN/AView Rating Details
7/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuyN/AView Rating Details
6/29/2016Evercore ISIDowngradeBuy -> Hold$36.00 -> $28.00N/AView Rating Details
6/2/2016Credit Suisse GroupReiterated RatingHold$27.00N/AView Rating Details
4/29/2016Societe GeneraleUpgradeHold -> Buy$40.00N/AView Rating Details
2/16/2016Iberia CapitalLower Price TargetSector Perform$40.00 -> $24.00N/AView Rating Details
1/21/2016Robert W. BairdLower Price Target$46.00 -> $40.00N/AView Rating Details
12/14/2015KLR GroupInitiated CoverageAccumulate$49.00N/AView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$52.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Oceaneering International (NYSE:OII)
Earnings by Quarter for Oceaneering International (NYSE:OII)
Earnings History by Quarter for Oceaneering International (NYSE OII)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.03N/AView Earnings Details
7/26/2017Q2 2017($0.01)$0.02$481.86 million$515.04 millionViewN/AView Earnings Details
4/26/2017Q1 2017($0.10)($0.04)$459.57 million$446.18 millionViewN/AView Earnings Details
2/8/2017Q4 2016$0.01$0.03$504.37 million$488.00 millionViewListenView Earnings Details
10/27/2016Q316$0.16$0.17$344.00 million$549.00 millionViewN/AView Earnings Details
7/21/2016Q2$0.28$0.27$604.16 million$625.50 millionViewN/AView Earnings Details
4/25/2016Q1$0.35$0.26$641.85 million$608.34 millionViewN/AView Earnings Details
2/10/2016Q4$0.58$0.58$695.99 million$722.10 millionViewListenView Earnings Details
10/28/2015Q315$0.69$0.70$794.08 million$743.60 millionViewListenView Earnings Details
7/22/2015Q215$0.68$0.76$793.94 million$810.30 millionViewListenView Earnings Details
4/22/2015Q115$0.62$0.70$791.60 million$786.77 millionViewN/AView Earnings Details
2/11/2015Q414$0.98$0.99$961.57 million$918.90 millionViewN/AView Earnings Details
10/29/2014Q314$1.13$1.16$995.20 million$973.10 millionViewN/AView Earnings Details
7/23/2014Q214$1.01$1.02$923.83 million$927.40 millionViewN/AView Earnings Details
4/23/2014Q114$0.80$0.84$838.57 million$840.20 millionViewN/AView Earnings Details
2/18/2014Q413$0.84$0.86$830.30 million$894.80 millionViewListenView Earnings Details
10/29/2013Q313$0.94$0.96$858.85 million$853.00 millionViewListenView Earnings Details
7/24/2013Q2 2013$0.84$0.91$786.66 million$820.40 millionViewListenView Earnings Details
4/23/2013Q1 2013$0.60$0.69$713.32 million$718.60 millionViewListenView Earnings Details
2/13/2013Q4 2012$0.72$0.74$736.81 million$780.90 millionViewListenView Earnings Details
10/29/2012$0.78$0.78ViewN/AView Earnings Details
7/25/2012$0.66$0.67ViewN/AView Earnings Details
4/25/2012$0.46$0.47ViewN/AView Earnings Details
2/15/2012$0.52$0.54ViewN/AView Earnings Details
10/26/2011$0.57$0.72ViewN/AView Earnings Details
7/27/2011$0.48$0.52ViewN/AView Earnings Details
4/27/2011$0.71$0.77ViewN/AView Earnings Details
2/16/2011$0.84$0.88ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Oceaneering International (NYSE:OII)
2017 EPS Consensus Estimate: ($0.23)
2018 EPS Consensus Estimate: $0.07
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.08)($0.06)($0.07)
Q2 20174($0.09)($0.03)($0.07)
Q3 20174($0.07)$0.00($0.04)
Q4 20174($0.10)($0.01)($0.06)
Q1 20183($0.06)($0.03)($0.05)
Q2 20183($0.02)$0.03$0.01
Q3 20183$0.03$0.12$0.07
Q4 20182$0.04$0.04$0.04
Q1 20191$0.01$0.01$0.01
Q2 20191$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Oceaneering International (NYSE:OII)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.60
Dividend Yield:2.44%
Dividend Growth:4.60% (3 Year Average)
Payout Ratio:-206.90% (Trailing 12 Months of Earnings)
-2,000.00% (Based on This Year's Estimates)
857.14% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Oceaneering International (NYSE:OII)

Dividend History by Quarter for Oceaneering International (NYSE OII)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017quarterly$0.152.42%8/23/20178/25/20179/15/2017
4/26/2017quarterly$0.152.27%5/24/20175/26/20176/16/2017
2/8/2017quarterly$0.152.25%2/22/20172/24/20173/17/2017
10/27/2016quarterly$0.1511/22/201611/25/201612/16/2016
7/21/2016quarterly$0.278/24/20168/26/20169/16/2016
4/25/2016quarterly$0.275/25/20165/27/20166/17/2016
2/10/2016quarterly$0.272/24/20162/26/20163/18/2016
10/28/2015quarterly$0.2711/24/201511/27/201512/18/2015
7/22/2015quarterly$0.278/26/20158/28/20159/18/2015
4/22/2015quarterly$0.271.94%5/27/20155/29/20156/19/2015
2/11/2015quarterly$0.272.17%2/25/20152/27/20153/20/2015
10/29/2014quarterly$0.271.59%11/25/201411/28/201412/19/2014
7/23/2014quarterly$0.271.55%8/27/20148/29/20149/19/2014
4/23/2014quarterly$0.271.43%5/28/20145/30/20146/20/2014
2/18/2014quarterly$0.221.23%2/26/20142/28/20143/20/2014
10/28/2013quarterly$0.221.02%11/26/201311/29/201312/20/2013
7/24/2013quarterly$0.221.09%8/28/20138/30/20139/20/2013
4/23/2013quarterly$0.221.32%5/29/20135/31/20136/20/2013
2/13/2013quarterly$0.181.12%2/27/20133/1/20133/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Oceaneering International (NYSE:OII)
Insider Ownership Percentage: 0.91%
Institutional Ownership Percentage: 99.68%
Insider Trades by Quarter for Oceaneering International (NYSE:OII)
Institutional Ownership by Quarter for Oceaneering International (NYSE:OII)
Insider Trades by Quarter for Oceaneering International (NYSE:OII)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2017Paul B Murphy JrDirectorSell2,000$26.34$52,680.00View SEC Filing  
9/21/2017W Cardon GernerVPSell2,000$25.76$51,520.00View SEC Filing  
5/26/2017Stephen P BarrettVPBuy1,000$24.76$24,760.00View SEC Filing  
3/27/2017Paul B Murphy JrDirectorSell4,000$24.68$98,720.00View SEC Filing  
11/11/2016John R KreiderSVPSell3,501$23.74$83,113.74View SEC Filing  
6/30/2016David K. LawrenceVPBuy90$30.22$2,719.80View SEC Filing  
6/29/2016Stephen P BarrettVPBuy1,000$28.91$28,910.00View SEC Filing  
5/31/2016T Jay CollinsDirectorSell20,000$33.04$660,800.00View SEC Filing  
5/10/2016Stephen P BarrettVPBuy1,000$32.80$32,800.00View SEC Filing  
3/9/2016Stephen P BarrettVPBuy2,000$29.32$58,640.00View SEC Filing  
2/23/2016Paul B Murphy JrDirectorSell4,000$27.95$111,800.00View SEC Filing  
11/10/2015John R HuffDirectorSell200,000$44.17$8,834,000.00View SEC Filing  
6/5/2015Charles DavisonVPSell1,153$50.00$57,650.00View SEC Filing  
3/10/2015Paul B Murphy JrDirectorSell3,000$51.82$155,460.00View SEC Filing  
11/7/2014Charles DavisonVPSell1,541$71.69$110,474.29View SEC Filing  
6/12/2014T Jay CollinsDirectorSell18,000$75.38$1,356,840.00View SEC Filing  
6/11/2014Paul B Murphy JrDirectorSell4,000$74.98$299,920.00View SEC Filing  
11/5/2013Clyde HewlettVPSell10,000$86.11$861,100.00View SEC Filing  
5/17/2013M Kevin McevoyCEOSell14,500$75.65$1,096,925.00View SEC Filing  
5/9/2013T Jay CollinsDirectorSell12,000$73.57$882,840.00View SEC Filing  
2/26/2013D Michael HughesDirectorBuy5,139$60.85$312,708.15View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Oceaneering International (NYSE:OII)
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Chart

Oceaneering International (OII) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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