Oceania International with the ticker code (OII) now have 9 analysts covering the stock with the consensus suggesting a rating of “Buy”. The range between the high target price and the low target price is between 20 and 15 with an average TP of 17.39. Given that the shares’ previous close was at 13.69, this would indicate that there is a potential upside of 27.0%. The 50-day moving average now stands at 14.09 while the 200-day moving average is 13.86. The company’s market capitalization is $ 1,358 million. Company website: http://www.oceaneering.com
Oceaneering International provides engineering products and services to the offshore oil and gas, defense, aerospace, and commercial theme park industries around the world. The Company’s Subsea Robotics segment provides Remotely Operated Vehicles (ROVs) to energy customers for drilling support and vessel-based services, including subsea equipment installation, construction, l ‘pipeline inspection, inspection and inspection of facilities, maintenance and repair. As of December 31, 2020, this segment had 250 working class ROVs. Its Manufactured Products segment provides production control umbilicals and connection systems; and program management, engineering design, fabrication / assembly and installation for the commercial theme park industry, as well as mobile robotics solutions, including AGV technology for various industries. The Company’s Projects Group segment provides subsea installation and response services, including riser-less skylight response and inspection services, as well as maintenance and repair services; ROV installation and reconditioning control systems and reconditioning control systems; project management and engineering; and seabed preparation, route clearing and trenching services for submarine cables for the renewable energy markets. Its Integrity Management and Digital Solutions segment provides asset integrity management, corrosion management and inspection and non-destructive testing services to clients in the oil and gas, production industries. electricity and petrochemicals; software, digital and connectivity solution for the energy industry; and software and analytical solutions for the bulk cargo marine industry. The Aerospace and Defense Technologies segment of the company provides government services and products, including related engineering and manufacturing in defense and space exploration activities, primarily to U.S. government agencies and their major subcontractors. . The company was founded in 1964 and is headquartered in Houston, Texas.
You can now share this on Stocktwits, just click on the logo below and add the ticker in the text to be seen.