About Oceaneering International (NYSE:OII)
Oceaneering 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
- Market Cap: $2.42 billion
- Outstanding Shares: 98,269,000
- 50 Day Moving Avg: $25.43
- 200 Day Moving Avg: $24.86
- 52 Week Range: $20.74 - $32.12
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 351.14
- P/E Growth: 68.34
- Annual Revenue: $2 billion
- Price / Sales: 1.21
- Book Value: $15.18 per share
- Price / Book: 1.62
- Annual Dividend: $0.60
- Dividend Yield: 2.4%
- EBITDA: $236.08 million
- Net Margins: -1.41%
- Return on Equity: 1.14%
- Return on Assets: 0.55%
- Debt-to-Equity Ratio: 0.53%
- Current Ratio: 2.61%
- Quick Ratio: 2.06%
- 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. Shareholders of record on Friday, August 25th will be given a dividend of $0.15 per share on Friday, September 15th. This represents a $0.60 dividend on an annualized basis and a 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 (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.03. The firm earned $515.04 million during the quarter, compared to analysts' expectations of $481.86 million. Oceaneering International had a negative net margin of 1.41% and a positive return on equity of 1.14%. The company's revenue was down 17.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 EPS. View Oceaneering International's Earnings History.
When will Oceaneering International make its next earnings announcement?
Where is Oceaneering International's stock going? Where will Oceaneering International's stock price be in 2017?
15 brokers have issued 1-year price targets for Oceaneering International's stock. Their predictions range from $19.00 to $37.00. On average, they expect Oceaneering International's share price to reach $28.75 in the next twelve months. View Analyst Ratings for Oceaneering International.
Are investors shorting Oceaneering International?
Oceaneering International saw a decrease in short interest during 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 short-interest ratio is presently 8.7 days. Currently, 8.8% of the shares of the stock are short sold.
Who are some of Oceaneering International's key competitors?
Some companies that are related to Oceaneering International include Core Laboratories N.V. (CLB), Antero Midstream GP LP (AMGP), John Wood Group PLC (WG), McDermott International (MDR), Frank's International N.V. (FI), Forum Energy Technologies (FET), Petrofac Limited (PFC), Tidewater (TDW), Superior Energy Services (SPN), Helix Energy Solutions Group (HLX), Exterran Corporation (EXTN), USA Compression Partners, LP (USAC), Archrock Partners, L.P. (APLP), NCS Multistage Holdings (NCSM), Fairmount Santrol Holdings (FMSA), Archrock (AROC), Newpark Resources (NR) and Ferrellgas Partners, L.P. (FGP).
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 a number of of retail and institutional investors. Top institutional shareholders 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?
MarketBeat Community Rating for Oceaneering International (NYSE OII)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.
One share of Oceaneering International stock can currently be purchased for approximately $24.58.
Consensus Ratings for Oceaneering International (NYSE:OII) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Oceaneering International (NYSE:OII)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/10/2017||Deutsche Bank AG||Initiated Coverage||Hold||$28.00||N/A|
|10/6/2017||Cowen and Company||Set Price Target||Hold||$28.00||N/A|
|10/6/2017||Barclays PLC||Initiated Coverage||Equal Weight -> Equal Weight||$28.00||N/A|
|10/3/2017||Piper Jaffray Companies||Reiterated Rating||Overweight||$26.00 -> $28.00||Low|
|9/12/2017||J P Morgan Chase & Co||Lower Price Target||Underweight||$22.00 -> $21.00||Low|
|8/25/2017||Royal Bank Of Canada||Upgrade||Underperform -> Outperform||$25.00 -> $33.00||High|
|7/28/2017||Scotiabank||Set Price Target||Buy||$37.00||Medium|
|7/20/2017||Seaport Global Securities||Reiterated Rating||Sell -> Neutral||Low|
|6/21/2017||Morgan Stanley||Downgrade||Equal Weight -> Underweight||$33.00 -> $28.00||High|
|6/19/2017||Jefferies Group LLC||Reiterated Rating||Hold||$25.00||Low|
|6/6/2017||Wolfe Research||Downgrade||Market Perform -> Underperform||Medium|
|3/23/2017||Tudor Pickering||Initiated Coverage||Hold||Low|
|2/9/2017||Capital One Financial Corporation||Upgrade||Equal Weight -> Overweight||N/A|
|1/18/2017||SunTrust Banks, Inc.||Initiated Coverage||Hold||$33.00||N/A|
|12/15/2016||Howard Weil||Upgrade||Sector Perform -> Outperform||$34.00 -> $37.00||N/A|
|10/18/2016||Wells Fargo & Company||Initiated Coverage||Market Perform||N/A|
|9/30/2016||Loop Capital||Initiated Coverage||Buy||N/A|
|9/27/2016||Citigroup Inc.||Initiated Coverage||Neutral||$27.00||N/A|
|7/15/2016||Stephens||Reiterated Rating||Top Pick||N/A|
|7/5/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy||N/A|
|6/29/2016||Evercore ISI||Downgrade||Buy -> Hold||$36.00 -> $28.00||N/A|
|6/2/2016||Credit Suisse Group||Reiterated Rating||Hold||$27.00||N/A|
|4/29/2016||Societe Generale||Upgrade||Hold -> Buy||$40.00||N/A|
|2/16/2016||Iberia Capital||Lower Price Target||Sector Perform||$40.00 -> $24.00||N/A|
|1/21/2016||Robert W. Baird||Lower Price Target||$46.00 -> $40.00||N/A|
|12/14/2015||KLR Group||Initiated Coverage||Accumulate||$49.00||N/A|
|11/30/2015||Guggenheim||Upgrade||Neutral -> Buy||$52.00||N/A|
Earnings History for Oceaneering International (NYSE:OII)Earnings History by Quarter for Oceaneering International (NYSE OII)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||($0.01)||$0.02||$481.86 million||$515.04 million||View||N/A|
|4/26/2017||Q1 2017||($0.10)||($0.04)||$459.57 million||$446.18 million||View||N/A|
|2/8/2017||Q4 2016||$0.01||$0.03||$504.37 million||$488.00 million||View||Listen|
|10/27/2016||Q316||$0.16||$0.17||$344.00 million||$549.00 million||View||N/A|
|7/21/2016||Q2||$0.28||$0.27||$604.16 million||$625.50 million||View||N/A|
|4/25/2016||Q1||$0.35||$0.26||$641.85 million||$608.34 million||View||N/A|
|2/10/2016||Q4||$0.58||$0.58||$695.99 million||$722.10 million||View||Listen|
|10/28/2015||Q315||$0.69||$0.70||$794.08 million||$743.60 million||View||Listen|
|7/22/2015||Q215||$0.68||$0.76||$793.94 million||$810.30 million||View||Listen|
|4/22/2015||Q115||$0.62||$0.70||$791.60 million||$786.77 million||View||N/A|
|2/11/2015||Q414||$0.98||$0.99||$961.57 million||$918.90 million||View||N/A|
|10/29/2014||Q314||$1.13||$1.16||$995.20 million||$973.10 million||View||N/A|
|7/23/2014||Q214||$1.01||$1.02||$923.83 million||$927.40 million||View||N/A|
|4/23/2014||Q114||$0.80||$0.84||$838.57 million||$840.20 million||View||N/A|
|2/18/2014||Q413||$0.84||$0.86||$830.30 million||$894.80 million||View||Listen|
|10/29/2013||Q313||$0.94||$0.96||$858.85 million||$853.00 million||View||Listen|
|7/24/2013||Q2 2013||$0.84||$0.91||$786.66 million||$820.40 million||View||Listen|
|4/23/2013||Q1 2013||$0.60||$0.69||$713.32 million||$718.60 million||View||Listen|
|2/13/2013||Q4 2012||$0.72||$0.74||$736.81 million||$780.90 million||View||Listen|
Earnings Estimates for Oceaneering International (NYSE:OII)
2017 EPS Consensus Estimate: ($0.23)
2018 EPS Consensus Estimate: $0.07
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Oceaneering International (NYSE:OII)
|Most Recent Dividend:||9/15/2017|
|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 History by Quarter for Oceaneering International (NYSE OII)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Oceaneering International (NYSE:OII)
Insider Ownership Percentage: 0.91%Insider Trades by Quarter for Oceaneering International (NYSE:OII)
Institutional Ownership Percentage: 99.68%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/27/2017||Paul B Murphy Jr||Director||Sell||2,000||$26.34||$52,680.00|| |
|9/21/2017||W Cardon Gerner||VP||Sell||2,000||$25.76||$51,520.00|| |
|5/26/2017||Stephen P Barrett||VP||Buy||1,000||$24.76||$24,760.00|| |
|3/27/2017||Paul B Murphy Jr||Director||Sell||4,000||$24.68||$98,720.00|| |
|11/11/2016||John R Kreider||SVP||Sell||3,501||$23.74||$83,113.74|| |
|6/30/2016||David K. Lawrence||VP||Buy||90||$30.22||$2,719.80|| |
|6/29/2016||Stephen P Barrett||VP||Buy||1,000||$28.91||$28,910.00|| |
|5/31/2016||T Jay Collins||Director||Sell||20,000||$33.04||$660,800.00|| |
|5/10/2016||Stephen P Barrett||VP||Buy||1,000||$32.80||$32,800.00|| |
|3/9/2016||Stephen P Barrett||VP||Buy||2,000||$29.32||$58,640.00|| |
|2/23/2016||Paul B Murphy Jr||Director||Sell||4,000||$27.95||$111,800.00|| |
|11/10/2015||John R Huff||Director||Sell||200,000||$44.17||$8,834,000.00|| |
|6/5/2015||Charles Davison||VP||Sell||1,153||$50.00||$57,650.00|| |
|3/10/2015||Paul B Murphy Jr||Director||Sell||3,000||$51.82||$155,460.00|| |
|11/7/2014||Charles Davison||VP||Sell||1,541||$71.69||$110,474.29|| |
|6/12/2014||T Jay Collins||Director||Sell||18,000||$75.38||$1,356,840.00|| |
|6/11/2014||Paul B Murphy Jr||Director||Sell||4,000||$74.98||$299,920.00|| |
|11/5/2013||Clyde Hewlett||VP||Sell||10,000||$86.11||$861,100.00|| |
|5/17/2013||M Kevin Mcevoy||CEO||Sell||14,500||$75.65||$1,096,925.00|| |
|5/9/2013||T Jay Collins||Director||Sell||12,000||$73.57||$882,840.00|| |
|2/26/2013||D Michael Hughes||Director||Buy||5,139||$60.85||$312,708.15|| |
Headline Trends for Oceaneering International (NYSE:OII)
Latest Headlines for Oceaneering International (NYSE:OII)
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Oceaneering International (OII) Chart for Tuesday, October, 24, 2017