News headlines about Oceaneering International (NYSE:OII) have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oceaneering International earned a news impact score of 0.22 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.7622058180762 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
NYSE:OII traded up $0.62 during trading hours on Thursday, reaching $18.54. 979,439 shares of the company were exchanged, compared to its average volume of 1,382,986. The company has a market capitalization of $1,848.10, a P/E ratio of 11.04 and a beta of 1.46. Oceaneering International has a 1-year low of $17.11 and a 1-year high of $28.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.72 and a quick ratio of 2.23.
Oceaneering International (NYSE:OII) last issued its earnings results on Thursday, February 22nd. The oil and gas company reported ($0.08) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.02. The firm had revenue of $484.20 million for the quarter, compared to the consensus estimate of $435.90 million. Oceaneering International had a negative return on equity of 0.49% and a net margin of 8.66%. The company’s revenue was down .9% compared to the same quarter last year. During the same quarter last year, the business posted $0.03 EPS. sell-side analysts anticipate that Oceaneering International will post -0.65 EPS for the current fiscal year.
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Oceaneering International Company Profile
Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company’s business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).
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