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Offshore oil stocks are taking it on the chin once again today. As of 12:49 p.m. EDT on March 11, seven of the biggest offshore drilling and offshore/undersea services providers have seen their shares fall between 7% and 35%. Their losses from their 2020 highs are absolutely staggering, with sto...
Shares of just about every oil and gas stock are down more than 10% today after an emergency OPEC meeting ended in an impasse over the weekend. The result is that Saudi Arabia and Russia will no longer adhere to quotas, leading to a likely price war . At the time of this writing, the price of...
Crude oil is having one of its worst days in years. At this writing, both Brent and West Texas crude futures are down 8%, extending a two-week sell-off that has seen oil lose nearly one-quarter of its value. Today's big drop is being driven by worries that an already oversupplied global oil mar...
Image source: The Motley Fool. Oceaneering International Inc (NYSE: OII) Q4 2019 Earnings Call Feb 25, 2020 , 11:00 a.m. ET Operator Continue reading
HOUSTON , Feb. 25, 2020 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President Roderick A. Larson will meet with institutional investors and make a presentation at the Credit Suisse 25th Annual Energy Summit in Vail, Colorado on ...
Oceaneering International, Inc. (OII) Q4 2019 Earnings Conference Call February 25, 2020, 11:00 ET Company Participants Mark Peterson - VP, Corporate Development & IR Roderick Larson - President, CEO & Director Alan Curtis - SVP & CFO Conference Call Participants ...
Oceaneering (NYSE: OII ): Q4 Non-GAAP EPS of $0.03 beats by $0.24 ; GAAP EPS of -$2.66 misses by $2.40 . More news on: Oceaneering International, Inc., Earnings news and commentary, Energy stocks news, Read more ...
HOUSTON , Feb. 24, 2020 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported a net loss of $263 million , or $(2.66) per share, on revenue of $561 million for the three months ended December 31, 2019. Adjusted net income was $2.5 ...
Shares of offshore engineered services provider Oceaneering International (NYSE: OII) fell almost 12% in early trading on Feb. 24 and remain down 8.9% at 12:35 p.m. EST, riding the same rough seas that are driving the rest of the market down hard and fast today: coronavirus-induced global fe...
Oceaneering (NYSE: OII ) is scheduled to announce Q4 earnings results on Monday, February 24th, after market close. The consensus EPS Estimate is -$0.21 (-400.0% Y/Y) and the consensus Revenue Estimate is $515.37M (+4.1% Y/Y). Over the last 2 years, OII has beaten EPS estimates 63% o...
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Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $35.0 million, or $0.34 per share, on revenue of $669 million for the three months ended June 30, 2024. Adjusted net income was $28.6 million, or $0.28 per share, reflecting the impact of $(1.0) million of pre...
Oceaneering International, Inc. (“Oceaneering”) announced that its Offshore Projects Group (OPG) segment has been awarded multiple contractual agreements for vessel services with global energy companies, covering operations in the Gulf of Mexico. The scope of work under the firs...