Last $73.64 USD
Change Today -1.70 / -2.26%
Volume 1.0M
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As of 4:15 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

oceaneering intl inc (OII) Key Developments

Oceaneering International, Inc. Secures a Contract from FMC Technologies Singapore Pte Limited

Oceaneering International, Inc. announced that it has secured a contract from FMC Technologies Singapore Pte Limited, to supply umbilicals for the Jangkrik project located in the Muara Bakau PCS (Production Sharing Contract) area off the coast of Indonesia. The order is for super-duplex steel tube production control umbilicals, with a total combined length of approximately 31 miles (50 kilometers). These will be used to supply hydraulic and electrical power and chemical injection to the subsea wells in the field. Product manufacturing will be performed at the Oceaneering Umbilical Solutions facility in Rosyth, Scotland commencing in the fourth quarter of 2014, with delivery scheduled for the second quarter of 2016.

Oceaneering International Reaffirms Earnings Guidance for the Year 2014

Oceaneering International reaffirmed earnings guidance for the year 2014. For the period, the company reaffirmed guidance for fiscal year 2014 earnings in the range of $3.90 per share to $4.10 per share. During fiscal year 2014, the company expects to add 30 ROVs to 35 ROVs (remotely operated underwater vehicles), anticipates continued global growth in deepwater drilling and expects higher operating income.

Oceaneering International, Inc. Presents at RBC Capital Markets Global Energy & Power Conference, Jun-03-2014

Oceaneering International, Inc. Presents at RBC Capital Markets Global Energy & Power Conference, Jun-03-2014 . Venue: Ritz-Carlton Battery Park Hotel, New York, New York, United States. Speakers: M. Kevin McEvoy, Chief Executive Officer, President and Director.

Oceaneering International, Inc. Approves Amendment to the Company's Restated Certificate of Incorporation

Oceaneering International, Inc. approved an amendment to the company's Restated Certificate of Incorporation to increase the number of authorized shares of capital stock from 183 million to 363 million and to increase the number of authorized shares of common stock from 180 million to 360 million. As a result of this stockholder approval, the company filed a Certificate of Amendment to its Restated Certificate of Incorporation with the Secretary of State of Delaware on May 16, 2014.

Oceaneering International, Inc. Presents at Global Hunter Securities GHS 100 Energy Conference, Jun-24-2014 09:30 AM

Oceaneering International, Inc. Presents at Global Hunter Securities GHS 100 Energy Conference, Jun-24-2014 09:30 AM. Venue: JW Marriott Hotel, 151 W. Adams St, Chicago, Illinois, United States. Speakers: Marvin J. Migura, Executive Vice President.

 

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Price/Cash Flow 21.0x
TEV/Sales 2.3x
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