Oceaneering crushed Q2 with a 40% EPS beat as its Offshore Projects Group surged 22% and raised full-year adjusted EBITDA guidance to $400-440 million on the strength of international installation work and higher ROV utilization rates.
Oceaneering International :
OII
OII
Stock Data
$48.00
$1.25 (2.54%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
ENERGY
Industry
OIL & GAS EQUIPMENT & SERVICES
Oceaneering International Inc is a global provider of engineered services and products primarily for the offshore energy sector, with a focus on deepwater applications. Its offerings include robotic solutions like remotely operated vehicles for underwater tasks such as drill support, pipeline inspection, and maintenance. The company also serves the defense, aerospace, manufacturing, and entertainment industries with technologies ranging from autonomous robots to digital solutions for asset management. Founded in 1964 and based in Houston, Texas, Oceaneering aims to support complex industrial operations both below the sea and beyond.
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