Oceaneering Stock Today

OII
 Stock
  

USD 9.22  0.17  1.88%   

Market Performance
0 of 100
Odds Of Distress
Less than 49
Oceaneering International is trading at 9.22 as of the 9th of August 2022. This is a 1.88 percent up since the beginning of the trading day. The stock's open price was 9.05. Oceaneering International has 49 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Oceaneering International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of July 2022 and ending today, the 9th of August 2022. Click here to learn more.
CUSIP
675232102
Fiscal Year End
December
Business Domain
Energy
IPO Date
26th of March 1990
Category
Energy
Classification
Energy
ISIN
US6752321025
Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas. The company has 99.8 M outstanding shares of which 4.12 M shares are now shorted by investors with about 2.5 days to cover. More on Oceaneering International

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0.88SLBSchlumberger NV Potential GrowthPairCorr
0.76PTENPatterson-Uti Energy Upward RallyPairCorr
Follow Valuation Options Odds of Bankruptcy
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Oceaneering International Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Oceaneering International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oceaneering International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Oceaneering International generated a negative expected return over the last 90 days
Oceaneering International has high historical volatility and very poor performance
The company reported the last year's revenue of 1.9 B. Reported Net Loss for the year was (61.67 M) with profit before taxes, overhead, and interest of 264.06 M.
Over 92.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Returns At Oceaneering International Are On The Way Up - Simply Wall St
CEO and DirectorKevin McEvoy
Average Analyst Recommendation
Analysts covering Oceaneering International report their recommendations after researching Oceaneering International's financial statements, talking to executives and customers, or listening in on Oceaneering International's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Oceaneering International. The Oceaneering consensus assessment is calculated by taking the average forecast from all of the analysts covering Oceaneering International.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Oceaneering International based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Oceaneering International financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares111.9 M99.7 M
Moderately Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted112.1 M99.7 M
Moderately Up
Decreasing
Slightly volatile
Net Cash Flow from Operations312.2 M225.3 M
Significantly Up
Decreasing
Slightly volatile
Total Assets2.6 BB
Significantly Up
Decreasing
Stable
Total Liabilities1.3 B1.5 B
Significantly Down
Increasing
Slightly volatile
Current Assets1.2 B1.2 B
Fairly Down
Increasing
Very volatile
Current Liabilities580.2 M501.2 M
Fairly Up
Decreasing
Stable
Total Debt947.4 M1.1 B
Fairly Down
Increasing
Slightly volatile
Return on Average Assets(2.53)(2.46)
Fairly Down
Decreasing
Slightly volatile
Gross Margin16.7814.1266
Fairly Up
Decreasing
Slightly volatile
Asset Turnover1.00.9326
Notably Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Oceaneering International's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Oceaneering International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Oceaneering International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Oceaneering International's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Oceaneering International's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Oceaneering International's financial leverage. It provides some insight into what part of Oceaneering International's total assets is financed by creditors.
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Oceaneering International's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Oceaneering International deploys its capital and how much of that capital is borrowed.
Liquidity
Oceaneering International cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 865.42 M in debt with debt to equity (D/E) ratio of 1.82, which is OK given its current industry classification. Oceaneering International has a current ratio of 2.38, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Oceaneering International until it has trouble settling it off, either with new capital or with free cash flow. So, Oceaneering International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Oceaneering International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Oceaneering to invest in growth at high rates of return. When we think about Oceaneering International's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

312.22 Million
Oceaneering International (OII) is traded on New York Stock Exchange in USA and employs 8,500 people. The company currently falls under 'Small-Cap' category with total capitalization of 872.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Oceaneering International's market, we take the total number of its shares issued and multiply it by Oceaneering International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Oceaneering International runs under Energy sector within Oil & Gas Equipment & Services industry. The entity has 99.8 M outstanding shares of which 4.12 M shares are now shorted by investors with about 2.5 days to cover. Oceaneering International has about 374.19 M in cash with 52.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.73.
Check Oceaneering International Probability Of Bankruptcy
Ownership
Oceaneering International has a total of 99.8 Million outstanding shares. The majority of Oceaneering International outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Oceaneering International to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Oceaneering International. Please pay attention to any change in the institutional holdings of Oceaneering International as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Oceaneering Ownership Details

Oceaneering Stock Price Odds Analysis

What are Oceaneering International's target price odds to finish over the current price? In reference to a normal probability distribution, the odds of Oceaneering International jumping above the current price in 90 days from now is about 92.0%. The Oceaneering International probability density function shows the probability of Oceaneering International stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4764. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Oceaneering International will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Oceaneering International is significantly underperforming DOW.
  Odds Below 9.22HorizonTargetOdds Above 9.22
7.95%90 days
 9.22 
92.00%
Based on a normal probability distribution, the odds of Oceaneering International to move above the current price in 90 days from now is about 92.0 (This Oceaneering International probability density function shows the probability of Oceaneering Stock to fall within a particular range of prices over 90 days) .

Oceaneering International Historical Income Statement

Oceaneering International Income Statement is one of the three primary financial statements used for reporting Oceaneering's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Oceaneering International revenue and expense. Oceaneering International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Oceaneering International Gross Profit is most likely to decrease significantly in the upcoming years. The last year's value of Gross Profit was reported at 88.42 Million. The current Interest Expense is estimated to increase to about 53 M, while Consolidated Income is projected to decrease to (321.9 M). View More Fundamentals

Oceaneering Stock Against Markets

Picking the right benchmark for Oceaneering International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oceaneering International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oceaneering International is critical whether you are bullish or bearish towards Oceaneering International at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oceaneering International without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Oceaneering International Corporate Directors

Oceaneering International corporate directors refer to members of an Oceaneering International board of directors. The board of directors generally takes responsibility for the Oceaneering International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Oceaneering International's board members must vote for the resolution. The Oceaneering International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Harris Pappas - Independent DirectorProfile
Michael McEvoy - Independent DirectorProfile
Jon Reinhardsen - Independent DirectorProfile
William Berry - Independent DirectorProfile

Invested in Oceaneering International?

You need to understand the risk of investing before taking a position in Oceaneering International. The danger of trading Oceaneering International is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oceaneering International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oceaneering International. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oceaneering International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the Oceaneering International information on this page should be used as a complementary analysis to other Oceaneering International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Oceaneering International price analysis, check to measure Oceaneering International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceaneering International is operating at the current time. Most of Oceaneering International's value examination focuses on studying past and present price action to predict the probability of Oceaneering International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceaneering International's price. Additionally, you may evaluate how the addition of Oceaneering International to your portfolios can decrease your overall portfolio volatility.
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Is Oceaneering International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.38
Market Capitalization
876.3 M
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.008
Return On Equity
-0.12
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceaneering International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.