NYSE:OII

Stock Analysis Report

Oceaneering International

Executive Summary

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide.

Snowflake

Fundamentals

Reasonable growth potential and slightly overvalued.

Risks

  • Oceaneering International has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

11.3%

NYSE:OII

3.9%

US Energy Services

2.9%

US Market


1 Year Return

-51.4%

NYSE:OII

-48.3%

US Energy Services

0.2%

US Market

OII underperformed the Energy Services industry which returned -47.9% over the past year.

OII underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

OIIIndustryMarket
7 Day11.3%3.9%2.9%
30 Day-28.7%-16.0%-2.3%
90 Day-21.5%-14.1%3.1%
1 Year-51.4%-51.4%-47.0%-48.3%2.4%0.2%
3 Year-50.3%-51.4%-52.1%-57.8%41.7%32.4%
5 Year-79.3%-80.8%-70.9%-75.2%55.1%37.9%

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

Valuation

Is Oceaneering International undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Oceaneering International's share price is below the future cash flow value, and at a moderate discount (> 20%).

Oceaneering International's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Oceaneering International is loss making, we can't compare its value to the US Energy Services industry average.

Oceaneering International is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Oceaneering International, we can't assess if its growth is good value.


Price Based on Value of Assets

Oceaneering International is overvalued based on assets compared to the US Energy Services industry average.


Next Steps

Future Growth

How is Oceaneering International expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

84.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Oceaneering International's revenue is expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).

Oceaneering International's earnings are expected to grow significantly at over 20% yearly.

Oceaneering International's revenue growth is expected to exceed the United States of America market average.

Oceaneering International's earnings growth is expected to exceed the United States of America market average.

Oceaneering International's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Oceaneering International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Oceaneering International performed over the past 5 years?

-62.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Oceaneering International does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Oceaneering International's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Oceaneering International's 1-year growth to the US Energy Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Oceaneering International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Oceaneering International has efficiently used its assets last year compared to the US Energy Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Oceaneering International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Oceaneering International's financial position?


Financial Position Analysis

Oceaneering International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Oceaneering International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Oceaneering International's level of debt (58.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (3.8% vs 58.5% today).

Debt is not well covered by operating cash flow (11.8%, less than 20% of total debt).

Unable to confirm if the interest payments on Oceaneering International's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

What is Oceaneering International's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Oceaneering International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Oceaneering International's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Oceaneering International has not reported any payouts.

Unable to verify if Oceaneering International's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Oceaneering International has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Oceaneering International's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Oceaneering International's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Rod Larson (52yo)

2.3yrs

Tenure

US$2,625,089

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

Rod's remuneration is lower than average for companies of similar size in United States of America.

Rod's compensation has increased whilst company is loss making.


Management Age and Tenure

2.3yrs

Average Tenure

59yo

Average Age

The tenure for the Oceaneering International management team is about average.


Board Age and Tenure

4.4yrs

Average Tenure

66yo

Average Age

The tenure for the Oceaneering International board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$54,77021 Jun 19
Witland LeBlanc
EntityIndividual
Role
Chief Accounting Officer
VP & Chief Accounting Officer
Shares2,879
Max PriceUS$19.02
BuyUS$29,98728 Dec 18
David Lawrence
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares2,500
Max PriceUS$11.99
BuyUS$56,70021 Dec 18
Roderick Larson
EntityIndividual
Role
Chief Executive Officer
President
Shares5,000
Max PriceUS$11.34
BuyUS$57,50021 Dec 18
Alan Curtis
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares5,000
Max PriceUS$11.50

Ownership Breakdown


Management Team

  • Marvin Migura (68yo)

    Senior Vice President

    • Tenure: 3.7yrs
    • Compensation: US$3.70m
  • John Kreider (67yo)

    Senior Vice President of Growth Strategies

    • Tenure: 0.0yrs
  • Witland LeBlanc

    VP & Chief Accounting Officer

    • Tenure: 0.4yrs
  • David Lawrence (59yo)

    Senior VP

    • Tenure: 7.6yrs
    • Compensation: US$801.12k
  • Rod Larson (52yo)

    President

    • Tenure: 2.3yrs
    • Compensation: US$2.63m
  • Mark Peterson

    Vice President of Corporate Development & Investor Relations

    • Tenure: 0.8yrs
  • Chuck Davison (50yo)

    Chief Operating Officer

    • Tenure: 0.2yrs
  • Alan Curtis (53yo)

    Senior VP & CFO

    • Tenure: 4.0yrs
    • Compensation: US$915.84k
  • Steve Barrett (61yo)

    Senior Vice President of Business Development

    • Tenure: 4.1yrs
    • Compensation: US$749.20k
  • Holly Kriendler

    VP & Chief Human Resources Officer

    • Tenure: 1.3yrs

Board Members

  • T. Collins (72yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: US$225.26k
  • M. McEvoy (68yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$225.48k
  • Paul Murphy (59yo)

    Director

    • Tenure: 7.0yrs
    • Compensation: US$246.54k
  • Steve Webster (68yo)

    Director

    • Tenure: 4.4yrs
    • Compensation: US$234.40k
  • John Huff (73yo)

    Non Executive Chairman

    • Tenure: 29.0yrs
    • Compensation: US$340.86k
  • William Berry (66yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: US$239.54k
  • Jon Erik Reinhardsen (63yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$215.86k
  • Rod Larson (52yo)

    President

    • Tenure: 2.3yrs
    • Compensation: US$2.63m
  • Deanna Goodwin (54yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$228.21k

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$1.314b
  • Shares outstanding: 98.93m
  • Website: https://www.oceaneering.com

Number of Employees


Location

  • Oceaneering International, Inc.
  • 11911 FM 529
  • Houston
  • Texas
  • 77041
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OIINYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1975
OIIDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1975
0KANLSE (London Stock Exchange)YesCommon StockGBUSDNov 1975

Biography

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:40
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.