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OII - Oceaneering International: Industry Growth Drivers Will Outplay Cost Inflation
March, 09 2022 01:50 AM
Oceaneering International Inc.
Higher offshore tree awards and improving day rate in the offshore market will improve Oceaneering International's operating performance in 2022. Backlog declined, but book-to-bill ratio improved in Q4 2021. However, the seasonal slowdown in energy activities and operating cost hike will partially mitigate the gains. The balance sheet is more leveraged than many peers. For further details see:
Oceaneering International: Industry Growth Drivers Will Outplay Cost Inflation
Stock Information
Company Name:
Oceaneering International Inc.
Stock Symbol:
OII
Market:
NYSE
Website:
oceaneering.com
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