NYSE:OIIEnergy Services
Oceaneering International (OII) Could Be 14% Overvalued Following Its $500 Million Debt Reset
Oceaneering International (OII) has drawn fresh attention after launching a cash tender offer for its $500 million 6.000% Senior Notes due 2028, alongside issuing $500 million of new 6.875% Senior Notes maturing in 2034.
See our latest analysis for Oceaneering International.
Recent debt moves appear to have coincided with improving sentiment, with Oceaneering International’s 1-day share price return of 1.68% contributing to a 7-day share price return of 11.01% and a year-to-date share price...