NYSE:OIIEnergy Services
Oceaneering International (OII) Margin Expansion Reinforces Bullish Narrative Despite Modest Share Price Valuation
Oceaneering International (OII) reported a net profit margin of 8.2%, a healthy advance over last year’s 5.2%. Earnings have posted consistent gains, rising 70.9% year-over-year and growing at an annual pace of 81.4% over the past five years. Recent profitability metrics, together with a Price-To-Earnings Ratio of 10.3x that sits below both its peers and the broader industry average, highlight the quarter as another step in the company’s transition to high-quality earnings and perceived value...