OII icon

Oceaneering

25.48 USD
+0.15
0.59%
At close Feb 14, 4:00 PM EST
After hours
25.48
+0.00
0.00%
1 day
0.59%
5 days
2.04%
1 month
-3.15%
3 months
-7.51%
6 months
-3.67%
Year to date
-6.15%
1 year
22.68%
5 years
89.02%
10 years
-50.96%
 

About: Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.

Employees: 10,100

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

126% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 19

10% more funds holding

Funds holding: 234 [Q2] → 257 (+23) [Q3]

5% more capital invested

Capital invested by funds: $2.41B [Q2] → $2.52B (+$110M) [Q3]

0.51% less ownership

Funds ownership: 100.31% [Q2] → 99.8% (-0.51%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 98

73% less call options, than puts

Call options by funds: $661K | Put options by funds: $2.47M

75% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 1 (-3) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$26
2%
upside
Avg. target
$28
9%
upside
High target
$30
18%
upside

3 analyst ratings

positive
0%
neutral
100%
negative
0%
Citigroup
Scott Gruber
43% 1-year accuracy
30 / 70 met price target
18%upside
$30
Neutral
Downgraded
10 Jan 2025
TD Cowen
Marc Bianchi
52% 1-year accuracy
17 / 33 met price target
6%upside
$27
Hold
Maintained
8 Jan 2025
Barclays
David Anderson
38% 1-year accuracy
30 / 78 met price target
2%upside
$26
Equal-Weight
Upgraded
18 Dec 2024

Financial journalist opinion

Based on 4 articles about OII published over the past 30 days

Neutral
Business Wire
3 days ago
Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference
HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at J.P. Morgan 2025 Global Leveraged Finance Conference and Scotiabank Global Energy Conference.
Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference
Positive
Zacks Investment Research
4 days ago
Oceaneering International (OII) Earnings Expected to Grow: Should You Buy?
Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Oceaneering International (OII) Earnings Expected to Grow: Should You Buy?
Positive
Zacks Investment Research
2 weeks ago
Oceaneering Orders 100 Octans 9 Units for Better Offshore Operations
OII orders 100 Octans 9 AHRS with Exail to boost offshore operations, ensure superior navigation accuracy and enhance operational efficiency.
Oceaneering Orders 100 Octans 9 Units for Better Offshore Operations
Neutral
Business Wire
3 weeks ago
Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call. February 19 and February 20, respectively.
Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Negative
Zacks Investment Research
1 month ago
Here's Why Hold Strategy is Apt for Oceaneering Stock for Now
OII shows promising earnings growth and a robust cash flow. However, risks from seasonal declines, oil price fluctuations and uncertain robotics investments remain concerning.
Here's Why Hold Strategy is Apt for Oceaneering Stock for Now
Positive
Zacks Investment Research
1 month ago
Chevron Starts Oil Output at New Gulf of Mexico Field With Shell
CVX and Shell begin oil production at the Whale project in the Gulf of Mexico, focusing on sustainability and efficiency while unlocking deepwater resources with advanced technology.
Chevron Starts Oil Output at New Gulf of Mexico Field With Shell
Neutral
Business Wire
1 month ago
Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference
HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference -- January 7, 2025.
Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for December 26th
VLRS, OII and ACIC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 26, 2024.
Best Value Stocks to Buy for December 26th
Positive
Zacks Investment Research
1 month ago
Down -15.86% in 4 Weeks, Here's Why You Should You Buy the Dip in Oceaneering International (OII)
Oceaneering International (OII) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Down -15.86% in 4 Weeks, Here's Why You Should You Buy the Dip in Oceaneering International (OII)
Neutral
Business Wire
1 month ago
Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies
HOUSTON--(BUSINESS WIRE)--Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies.
Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies
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