NYSE:OIIEnergy Services
Is Oceaneering International (OII) Fully Valued After Its Debt Refinance And Egypt Contract Win?
Oceaneering International (OII) has just completed a private placement of US$500 million in senior notes due 2034 and is refinancing its 6.000% notes due 2028, while also winning a large offshore contract in Egypt.
See our latest analysis for Oceaneering International.
The recent refinancing activity and index additions have come alongside mixed short term trading, with the share price down 2.3% over the last day and 2.6% over the week, but supported by a 54.9% year to date share price return...