The shares of Oceaneering International (OII, Financial) saw significant movement with a swift rise of 5.08% in the market. The stock is currently priced at $25.68 per share, with a trading volume of 199,324 shares and a turnover rate of 0.20%, reflecting a price fluctuation amplitude of 4.54%.
Recent financial results indicate robust performance, with the company reporting a revenue of $680 million, a net profit of $41.24 million, and earnings per share (EPS) of $0.41. The gross profit stood at $131 million, and the price-to-earnings (P/E) ratio is 19.43. Analyst ratings show that out of the six firms covering the stock, 33% recommend buying, 50% suggest holding, and 17% advise selling.
Oceaneering International operates within the oil and gas equipment and services sector, which overall experienced a 1.39% increase. Significant movers among related stocks include ControlSoft Technology, NCS Multistage Holdings, Inc., and ProPetro Holding Corp. Active stocks with notable turnover rates are Enservco Corporation, Landbridge Company LLC, and Nine Energy Service, while those with large amplitude changes include Enservco Corporation and ControlSoft Technology.
Oceaneering International Inc primarily provides engineering services and products for offshore energy, defense, aerospace, manufacturing, and entertainment sectors. The company restructured in 2020 to enhance synergy and cost efficiency across its five core segments: subsea robotics, manufactured products, offshore projects group, integrity management and digital solutions, and aerospace and defense technologies. It focuses mainly on the oil and gas industry but also engages in offshore renewable energy and mobile solutions.
