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home / news releases / OII - Oceaneering International: The Mobile Robotics Business Holds A Promise

OII - Oceaneering International: The Mobile Robotics Business Holds A Promise

Oceaneering International Inc.

Summary

  • The mobile robotics business can turn out to be the most vital growth driver for Oceaneering International.
  • Although utilization improves, ROV days on hire can decrease in OII's Subsea Robotics segment in Q4.
  • The company forecasts to turn free cash flow positive by the end of FY2022.
  • The stock is reasonably valued versus its peers at this level.

For further details see:

Oceaneering International: The Mobile Robotics Business Holds A Promise
Stock Information
Company Name: Oceaneering International Inc.
Stock Symbol: OII
Market: NYSE
Website: oceaneering.com
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