Oceaneering International
Market Cap
US$1.4b
Last Updated
2021/03/07 23:10 UTC
Data Sources
Company Financials +
Executive Summary
Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas, defense, aerospace, and commercial theme park industries worldwide. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Oceaneering International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OII is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: OII's weekly volatility has decreased from 17% to 11% over the past year.
Market Performance
7 Day Return
19.9%
OII
6.7%
US Energy Services
-0.4%
US Market
1 Year Return
73.2%
OII
38.4%
US Energy Services
36.2%
US Market
Return vs Industry: OII exceeded the US Energy Services industry which returned 38.5% over the past year.
Return vs Market: OII exceeded the US Market which returned 36.2% over the past year.
Shareholder returns
| OII | Industry | Market | |
|---|---|---|---|
| 7 Day | 19.9% | 6.7% | -0.4% |
| 30 Day | 47.2% | 18.2% | -2.9% |
| 90 Day | 94.1% | 28.7% | 5.0% |
| 1 Year | 73.2%73.2% | 44.0%38.4% | 39.1%36.2% |
| 3 Year | -25.9%-25.9% | -44.1%-49.3% | 48.4%39.0% |
| 5 Year | -54.5%-56.3% | -42.1%-52.2% | 116.5%92.4% |
Long-Term Price Volatility Vs. Market
How volatile is Oceaneering International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Many Oceaneering International, Inc. (NYSE:OII) Shares Do Institutions Own?1 month ago | Simply Wall St
A Look At The Fair Value Of Oceaneering International, Inc. (NYSE:OII)1 month ago | Simply Wall St
We Think Oceaneering International (NYSE:OII) Has A Fair Chunk Of DebtValuation
Is Oceaneering International undervalued compared to its fair value and its price relative to the market?
2.54x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: OII ($14.15) is trading above our estimate of fair value ($11.21)
Significantly Below Fair Value: OII is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OII is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: OII is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OII's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OII is overvalued based on its PB Ratio (2.5x) compared to the US Energy Services industry average (1.1x).
Next Steps
Future Growth
How is Oceaneering International forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
126.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OII is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: OII is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: OII is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: OII's revenue (3.6% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: OII's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OII is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Oceaneering International performed over the past 5 years?
-73.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OII is currently unprofitable.
Growing Profit Margin: OII is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OII is unprofitable, and losses have increased over the past 5 years at a rate of 73.6% per year.
Accelerating Growth: Unable to compare OII's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OII is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (22.4%).
Return on Equity
High ROE: OII has a negative Return on Equity (-89%), as it is currently unprofitable.
Next Steps
Financial Health
How is Oceaneering International's financial position?
Financial Position Analysis
Short Term Liabilities: OII's short term assets ($1.2B) exceed its short term liabilities ($437.1M).
Long Term Liabilities: OII's short term assets ($1.2B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: OII's debt to equity ratio (144.3%) is considered high.
Reducing Debt: OII's debt to equity ratio has increased from 50.4% to 144.3% over the past 5 years.
Debt Coverage: OII's debt is not well covered by operating cash flow (17%).
Interest Coverage: Insufficient data to determine if OII's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Oceaneering International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OII's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OII's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OII's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OII is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OII's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Rod Larson (53 yo)
3.83yrs
Tenure
US$3,630,205
Compensation
Mr. Roderick A. Larson, also known as Rod, has been the President and Chief Executive Officer of Oceaneering International, Inc. since February 19, 2015 and May 5, 2017 respectively. Mr. Larson has been Pr...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD3.63M) is about average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: Rod's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.83yrs | US$3.63m | 0.47% $ 6.6m | |
| Senior VP & CFO | 5.58yrs | US$1.31m | 0.15% $ 2.1m | |
| Chief Operating Officer | 1.75yrs | US$2.69m | 0.22% $ 3.1m | |
| Senior VP | 9.17yrs | US$1.07m | 0.12% $ 1.6m | |
| VP & Chief Accounting Officer | 2yrs | no data | 0.034% $ 482.0k | |
| Vice President of Corporate Development & Investor Relations | 2.33yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 2.83yrs | no data | 0.027% $ 385.0k | |
| Senior Vice President of Growth Strategies | no data | no data | no data | |
| Senior Vice President of Health Safety Environment | 7.83yrs | no data | no data | |
| Senior VP & Chief Transformation Officer | 7yrs | no data | 0.092% $ 1.3m | |
| Senior Vice President of Subsea Robotics | 5.17yrs | no data | 0.088% $ 1.2m | |
| Senior Vice President of Aerospace & Defense Technologies | 2.83yrs | no data | 0.039% $ 542.4k |
3.8yrs
Average Tenure
56yo
Average Age
Experienced Management: OII's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.83yrs | US$3.63m | 0.47% $ 6.6m | |
| Independent Director | 19.17yrs | US$270.64k | 0.049% $ 694.7k | |
| Director | 9.83yrs | US$260.87k | 0.27% $ 3.9m | |
| Independent Director | 8.58yrs | US$287.24k | 0.046% $ 651.0k | |
| Independent Director | 6yrs | US$256.74k | 0.063% $ 881.6k | |
| Independent Non Executive Chairman | 30.58yrs | US$349.75k | 0.17% $ 2.4m | |
| Independent Director | 4.75yrs | US$274.74k | 0.059% $ 825.0k | |
| Independent Director | 4.42yrs | US$269.56k | 0.059% $ 825.0k | |
| Independent Director | 3.08yrs | US$293.68k | 0.049% $ 683.5k | |
| Independent Non-Executive Director | 0.17yr | no data | 0.018% $ 246.1k | |
| Independent Non-Executive Director | 0.17yr | no data | 0.018% $ 246.1k |
4.8yrs
Average Tenure
64yo
Average Age
Experienced Board: OII's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OII insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oceaneering International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Oceaneering International, Inc.
- Ticker: OII
- Exchange: NYSE
- Founded: 1964
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$1.405b
- Shares outstanding: 99.31m
- Website: https://www.oceaneering.com
Number of Employees
Location
- Oceaneering International, Inc.
- 11911 FM 529
- Houston
- Texas
- 77041
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OII | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 1975 |
| OII | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1975 |
| 0KAN | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Nov 1975 |
Biography
Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas, defense, aerospace, and commercial theme park industries worldwide. The company’s Subsea Robotics segm...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 23:10 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.