OII - Oceaneering International: Not A Lot To Get Excited About Yet

2024-02-05 20:01:58 ET

Summary

• Oceaneering International has underperformed the market, with a poor stock performance and no dividends.
• The company operates in the offshore energy sector, with a focus on subsea robotics and potential growth in renewables and carbon capture.
• OII's earnings indicate an upswing in demand, but the stock price already accounts for this growth, making it a hold for now.

Investment Rundown

Since 1964 Oceaneering International, Inc. ( OII ) has done very well in expanding its operations and diversifying its offerings. It's included in the energy sector but operates more as a company that provides both services and products to the offshore energy sector, along with aerospace and manufacturing companies....

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