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NYSE:OII

Oceaneering International (OII) Stock Price, News & Analysis

$23.60
-1.19 (-4.80%)
(As of 09/6/2024 ET)
Today's Range
$23.55
$25.13
50-Day Range
$23.52
$30.02
52-Week Range
$18.67
$30.45
Volume
734,701 shs
Average Volume
825,390 shs
Market Capitalization
$2.39 billion
P/E Ratio
22.26
Dividend Yield
N/A
Price Target
$28.67

Oceaneering International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
21.5% Upside
$28.67 Price Target
Short Interest
Bearish
4.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.08mentions of Oceaneering International in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$509,711 Sold Last Quarter
Proj. Earnings Growth
19.01%
From $1.42 to $1.69 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.

2.85 out of 5 stars

Oils/Energy Sector

150th out of 239 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

12th out of 17 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

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Q2 2024 Oceaneering International Inc Earnings Call
Oceaneering Reports Second Quarter 2024 Results
Oceaneering International Inc. Profit Rises In Q2
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
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
$24.00
Potential Upside/Downside
+21.5%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$97.40 million
Pretax Margin
7.33%

Debt

Sales & Book Value

Annual Sales
$2.56 billion
Cash Flow
$1.62 per share
Book Value
$6.47 per share

Miscellaneous

Free Float
99,057,000
Market Cap
$2.39 billion
Optionable
Optionable
Beta
2.35

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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

How have OII shares performed this year?

Oceaneering International's stock was trading at $21.28 at the beginning of 2024. Since then, OII stock has increased by 10.9% and is now trading at $23.60.
View the best growth stocks for 2024 here
.

How were Oceaneering International's earnings last quarter?

Oceaneering International, Inc. (NYSE:OII) released its quarterly earnings data on Wednesday, July, 24th. The oil and gas company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.09. The company's quarterly revenue was up 11.9% compared to the same quarter last year.

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.

Does Oceaneering International have any subsidiaries?

Oceaneering International subsidiaries include Ecosse Subsea Systems, Socar-Dalgidj LLC, Blue Ocean Technologies, Meridian Ocean Services LLC, C & C Technologies Inc., Spectrum Sales & Services LLC, Airsis, and others.

Who are Oceaneering International's major shareholders?

Oceaneering International's top institutional shareholders include Earnest Partners LLC (6.28%), Dimensional Fund Advisors LP (2.67%), Bank of New York Mellon Corp (2.02%) and American Century Companies Inc. (1.99%). Insiders that own company stock include Alan R Curtis, M Kevin Mcevoy, Steven A Webster, Martin J Mcdonald, Earl Childress, Shaun Roedel, Karen H Beachy and Christopher J Dyer.
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.

What other stocks do shareholders of Oceaneering International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Oceaneering International investors own include NVIDIA (NVDA), Block (SQ), Cisco Systems (CSCO), Baidu (BIDU), Editas Medicine (EDIT), Intuitive Surgical (ISRG) and Onsemi (ON).

This page (NYSE:OII) was last updated on 9/7/2024 by MarketBeat.com Staff

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