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Oceaneering International (NYSE: OII ) confirms its Q1 2020 guidance, though withdraws FY2020 guidance More news on: Oceaneering International, Inc., Energy stocks news, Read more ...
HOUSTON , March 31, 2020 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today announced that it is confirming its first quarter 2020 guidance. However, consequent to the emerging global public health threat caused by the COVID-19 virus and the sudden coll...
Saudi Arabia is raising the stakes even further in its plan to upend the global distribution of oil production, with the latest news over the weekend that the country was planning to further increase its oil output in May, adding 600,000 barrels to its planned massive 43% increase in exports s...
Astrotech (NASDAQ: ASTC ) +175% on developing screening instrument for COVID-19. More news on: Astrotech Corporation, Happiness Biotech Group Limited, Apollo Commercial Real Estate Finance, Inc., Stocks on the move, , Read more ...
Helmerich & Payne ( HP +10.3% ) pops higher after saying it would implement additional cost controls and re-evaluate its capital allocation "to proactively preserve its strong financial position" in response to in light of coronavirus concerns and "the precipitous fall in the ac...
Oil prices are snapping back on Thursday, one day after nosediving to their lowest level since 2002 . At noon EDT, WTI, the U.S. oil benchmark, had rallied more than 18% to above $24 a barrel. That rebound in the oil market fueled a rally in most energy stocks . One group...
The Energy Price Crash Will Not Spare OII I think, given massive pressure on energy prices in the current environment, the non-energy part of Oceaneering International's ( OII ) business can bring more stability because of its relative immunity to the oil price volatility. However, conside...
Shares of offshore and undersea services provider Oceaneering International (NYSE: OII) were down 13.2% at 1:52 p.m. EDT on Friday. This continues what has been an awful week, with Oceaneering's stock losing two-thirds of its value during one of the worst-ever weeks for crude ...
Oil prices continued to tumble today following their historic crash earlier this week . By 12:45 p.m. EDT, WTI, the U.S. oil benchmark, had fallen more than 6% to below $31 a barrel. Weighing on oil was the continued impact of the COVID-19 pandemic, which led President Donald Trump to...
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...
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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...