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Oceaneering International

DB:OII
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OII
DB
$334M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Oceaneering International has significant price volatility in the past 3 months.
OII Share Price and Events
7 Day Returns
-6.5%
DB:OII
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-82.6%
DB:OII
-57.2%
Europe Energy Services
-20.9%
DE Market
OII Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oceaneering International (OII) -6.5% -66.5% -80.5% -82.6% -90.1% -95.1%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • OII underperformed the Energy Services industry which returned -57.2% over the past year.
  • OII underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
OII
Industry
5yr Volatility vs Market

OII Value

 Is Oceaneering International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Oceaneering International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Oceaneering International.

DB:OII Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:OII
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 21%) (293.03%))
2.354
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:OII using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Oceaneering International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:OII DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 36.65 Analyst x8 33.17
2021 61.03 Analyst x8 49.99
2022 41.00 Analyst x2 30.40
2023 66.00 Analyst x1 44.28
2024 72.07 Est @ 9.2% 43.77
2025 76.62 Est @ 6.32% 42.11
2026 79.92 Est @ 4.31% 39.76
2027 82.24 Est @ 2.9% 37.02
2028 83.81 Est @ 1.91% 34.15
2029 84.83 Est @ 1.22% 31.29
Present value of next 10 years cash flows $385.00
DB:OII DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $84.83 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$776.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $776.69 ÷ (1 + 10.49%)10
$286.43
DB:OII Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $385.00 + $286.43
$671.43
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $671.43 / 99.27
$6.76
DB:OII Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:OII represents 0.76785x of NYSE:OII
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.76785x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 6.76 x 0.76785
€5.19
Value per share (EUR) From above. €5.19
Current discount Discount to share price of €2.58
= -1 x (€2.58 - €5.19) / €5.19
50.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Oceaneering International is available for.
Intrinsic value
>50%
Share price is €2.58 vs Future cash flow value of €5.19
Current Discount Checks
For Oceaneering International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Oceaneering International's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Oceaneering International's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Oceaneering International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oceaneering International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:OII PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-3.52
NYSE:OII Share Price ** NYSE (2020-04-06) in USD $3.36
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Oceaneering International.

DB:OII PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:OII Share Price ÷ EPS (both in USD)

= 3.36 ÷ -3.52

-0.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oceaneering International is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Oceaneering International is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Oceaneering International's expected growth come at a high price?
Raw Data
DB:OII PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
63.4%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Oceaneering International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oceaneering International's assets?
Raw Data
DB:OII PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $10.81
NYSE:OII Share Price * NYSE (2020-04-06) in USD $3.36
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:OII PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:OII Share Price ÷ Book Value per Share (both in USD)

= 3.36 ÷ 10.81

0.31x

* Primary Listing of Oceaneering International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oceaneering International is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Oceaneering International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Oceaneering International has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OII Future Performance

 How is Oceaneering International expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
63.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Oceaneering International expected to grow at an attractive rate?
  • Unable to compare Oceaneering International's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Oceaneering International's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Oceaneering International's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:OII Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:OII Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 63.4%
DB:OII Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 1.7%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:OII Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:OII Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 2,725 1
2023-12-31 2,019 98 -34 2
2022-12-31 2,149 127 -54 4
2021-12-31 2,025 138 -102 12
2020-12-31 2,087 126 -104 12
2020-04-07
DB:OII Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,048 158 -348
2019-09-30 1,982 113 -150
2019-06-30 2,004 94 -190
2019-03-31 1,987 50 -188
2018-12-31 1,909 37 -212
2018-09-30 1,899 28 25
2018-06-30 1,855 50 90
2018-03-31 1,892 83 125
2017-12-31 1,922 136 166
2017-09-30 1,926 222 -18
2017-06-30 1,999 297 -28
2017-03-31 2,109 346 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Oceaneering International is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Oceaneering International's revenue is expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:OII Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Oceaneering International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OII Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 -0.34 -0.34 -0.34 1.00
2022-12-31 -0.54 -0.54 -0.54 1.00
2021-12-31 -1.07 -0.89 -1.16 3.00
2020-12-31 -1.02 -0.80 -1.29 3.00
2020-04-07
DB:OII Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -3.52
2019-09-30 -1.52
2019-06-30 -1.93
2019-03-31 -1.91
2018-12-31 -2.16
2018-09-30 0.26
2018-06-30 0.91
2018-03-31 1.27
2017-12-31 1.69
2017-09-30 -0.19
2017-06-30 -0.29
2017-03-31 -0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Oceaneering International will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Oceaneering International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Oceaneering International has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OII Past Performance

  How has Oceaneering International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Oceaneering International's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Oceaneering International does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Oceaneering International's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Oceaneering International's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Oceaneering International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Oceaneering International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OII Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,048.12 -348.44 214.89
2019-09-30 1,982.41 -149.67 208.90
2019-06-30 2,004.06 -190.13 203.84
2019-03-31 1,986.96 -188.02 201.58
2018-12-31 1,909.48 -212.33 198.26
2018-09-30 1,898.56 25.38 194.94
2018-06-30 1,855.38 89.59 190.11
2018-03-31 1,891.74 124.80 184.93
2017-12-31 1,921.51 166.40 183.95
2017-09-30 1,925.78 -18.20 188.47
2017-06-30 1,998.93 -28.23 191.42
2017-03-31 2,109.44 -8.05 204.09
2016-12-31 2,271.60 24.59 208.46
2016-09-30 2,505.22 63.12 213.90
2016-06-30 2,699.56 143.46 221.45
2016-03-31 2,884.33 186.62 224.20
2015-12-31 3,062.75 231.01 231.62
2015-09-30 3,259.62 305.98 228.65
2015-06-30 3,489.09 361.78 233.74
2015-03-31 3,606.20 406.60 231.04
2014-12-31 3,659.62 428.33 230.87
2014-09-30 3,635.50 419.29 234.52
2014-06-30 3,515.70 399.36 226.34
2014-03-31 3,408.67 387.88 224.96
2013-12-31 3,287.02 371.50 220.42
2013-09-30 3,173.17 358.67 213.15
2013-06-30 3,054.09 338.67 208.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Oceaneering International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Oceaneering International has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Oceaneering International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Oceaneering International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Oceaneering International has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OII Health

 How is Oceaneering International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Oceaneering International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oceaneering International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Oceaneering International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oceaneering International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Oceaneering International Company Filings, last reported 3 months ago.

DB:OII Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,075.41 796.52 383.83
2019-09-30 1,303.08 799.86 350.50
2019-06-30 1,359.03 795.64 366.02
2019-03-31 1,391.50 792.47 351.94
2018-12-31 1,415.30 786.58 364.44
2018-09-30 1,501.47 791.89 370.15
2018-06-30 1,570.53 791.63 370.54
2018-03-31 1,638.20 791.47 392.91
2017-12-31 1,664.52 792.31 430.32
2017-09-30 1,499.96 796.21 472.38
2017-06-30 1,491.15 795.80 482.34
2017-03-31 1,489.13 795.31 462.52
2016-12-31 1,516.64 793.06 450.19
2016-09-30 1,571.78 802.26 451.63
2016-06-30 1,591.64 802.34 403.19
2016-03-31 1,611.65 800.56 370.85
2015-12-31 1,578.73 795.84 385.24
2015-09-30 1,588.92 797.50 271.16
2015-06-30 1,598.16 793.62 190.63
2015-03-31 1,583.67 750.00 304.51
2014-12-31 1,657.47 743.47 430.71
2014-09-30 2,018.87 250.00 74.59
2014-06-30 2,172.63 80.00 103.33
2014-03-31 2,090.36 90.00 106.34
2013-12-31 2,043.44 0.00 91.43
2013-09-30 1,977.56 40.00 102.35
2013-06-30 1,874.54 75.00 119.31
  • Oceaneering International's level of debt (74.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (44.9% vs 74.1% today).
  • Debt is not well covered by operating cash flow (19.8%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Oceaneering International's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Oceaneering International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Oceaneering International has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OII Dividends

 What is Oceaneering International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Oceaneering International dividends. Estimated to be 0% next year.
If you bought €2,000 of Oceaneering International shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Oceaneering International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Oceaneering International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:OII Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:OII Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.00 1.00
2021-12-31 0.00 5.00
2020-12-31 0.00 5.00
2020-04-07
DB:OII Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-07-30 0.000 0.000
2019-07-24 0.000 0.000
2019-05-01 0.000 0.000
2019-04-29 0.000 0.000
2019-02-28 0.000 0.000
2019-02-13 0.000 0.000
2018-11-01 0.000 0.000
2018-10-24 0.000 0.000
2018-07-25 0.000 0.000
2018-05-03 0.000 0.000
2018-04-25 0.000 0.000
2018-03-01 0.000 0.000
2018-02-22 0.000 0.000
2017-11-02 0.000 0.000
2017-10-25 0.000 0.000
2017-08-03 0.600 2.448
2017-07-26 0.600 2.361
2017-05-03 0.600 2.466
2017-04-26 0.600 2.293
2017-02-24 0.600 2.250
2017-02-08 0.600 2.176
2016-11-07 0.600 2.190
2016-10-27 0.600 2.499
2016-07-21 1.080 4.000
2016-04-25 1.080 3.375
2016-02-10 1.080 3.529
2015-07-22 1.080 2.732
2015-04-22 1.080 2.192
2015-02-11 1.080 2.011
2014-10-29 1.080 1.799
2014-07-23 1.080 1.634
2014-04-23 1.080 1.463
2014-02-18 0.880 1.232
2013-10-28 0.880 1.146
2013-07-24 0.880 1.080
2013-04-23 0.880 1.197
2013-02-13 0.720 1.137
2012-10-31 0.720 1.290
2012-07-25 0.720 1.335
2012-04-25 0.720 1.502
2012-02-15 0.600 1.120
2011-10-26 0.600 1.290
2011-07-27 0.600 1.524
2011-05-09 0.300 0.751

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Oceaneering International has not reported any payouts.
  • Unable to verify if Oceaneering International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Oceaneering International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Oceaneering International has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Oceaneering International's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Oceaneering International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Oceaneering International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oceaneering International has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OII Management

 What is the CEO of Oceaneering International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rod Larson
COMPENSATION $3,630,205
AGE 52
TENURE AS CEO 2.9 years
CEO Bio

Mr. Roderick A. Larson, also known as Rod, has been the President and Chief Executive Officer of Oceaneering International, Inc. since February 19, 2015 and May 5, 2017 respectively. Mr. Larson has been Program Manager for Formation Sampling and Testing at the Houston Technology Center since May 2009. He served as the Chief Operating Officer of Oceaneering International, Inc. since May 2012 to August 2015 and also served as its Senior Vice President from May 2012 to February 2015. He has over 25 years of oilfield service business experience. He served as President of Latin America at Baker Hughes Incorporated since January 2011. He joined Baker Hughes Incorporated in 1990 as a field engineer for Baker Atlas and after progressing to General Field Engineer, he served as District Engineer and Customer Service Manager in Venezuela until 1998 and as Deepwater Operations Manager for the Gulf of Mexico. He served as Vice President of Operations at the Gulf of Mexico Region. He has been a Director of Oceaneering International, Inc. since May 5, 2017. He has been an Independent Director at Newpark Resources, Inc. since March 2014. Mr. Larson holds a B.S. in Electrical and Electronic Engineering from North Dakota State University and an M.B.A. degree from Rice University.

CEO Compensation
  • Rod's compensation has increased whilst company is loss making.
  • Rod's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Oceaneering International management team in years:

2.9
Average Tenure
56
Average Age
  • The tenure for the Oceaneering International management team is about average.
Management Team

Rod Larson

TITLE
President
COMPENSATION
$4M
AGE
52
TENURE
2.9 yrs

Alan Curtis

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
53
TENURE
4.7 yrs

Chuck Davison

TITLE
Chief Operating Officer
COMPENSATION
$3M
AGE
50
TENURE
0.8 yrs

David Lawrence

TITLE
Senior VP
COMPENSATION
$1M
AGE
59
TENURE
8.3 yrs

Witland LeBlanc

TITLE
VP & Chief Accounting Officer
AGE
48
TENURE
1.1 yrs

Mark Peterson

TITLE
Vice President of Corporate Development & Investor Relations
TENURE
1.4 yrs

Holly Kriendler

TITLE
Senior VP & Chief Human Resources Officer
TENURE
1.9 yrs

Marvin Migura

TITLE
Senior Vice President
COMPENSATION
$4M
AGE
68
TENURE
4.3 yrs

John Kreider

TITLE
Senior Vice President of Growth Strategies
AGE
67

Robert Moschetta

TITLE
Senior Vice President of Health Safety Environment
AGE
63
TENURE
6.9 yrs
Board of Directors Tenure

Average tenure and age of the Oceaneering International board of directors in years:

5.1
Average Tenure
66
Average Age
  • The tenure for the Oceaneering International board of directors is about average.
Board of Directors

John Huff

TITLE
Independent Non Executive Chairman
COMPENSATION
$350K
AGE
73
TENURE
29.7 yrs

Rod Larson

TITLE
President
COMPENSATION
$4M
AGE
52
TENURE
2.9 yrs

Paul Murphy

TITLE
Independent Director
COMPENSATION
$287K
AGE
59
TENURE
7.7 yrs

Steve Webster

TITLE
Independent Director
COMPENSATION
$257K
AGE
68
TENURE
5.1 yrs

Deanna Goodwin

TITLE
Independent Director
COMPENSATION
$294K
AGE
54
TENURE
2.2 yrs

T. Collins

TITLE
Independent Director
COMPENSATION
$271K
AGE
72
TENURE
18.3 yrs

M. McEvoy

TITLE
Director
COMPENSATION
$261K
AGE
68
TENURE
8.9 yrs

Bill Berry

TITLE
Independent Director
COMPENSATION
$275K
AGE
66
TENURE
3.8 yrs

Jon Erik Reinhardsen

TITLE
Independent Director
COMPENSATION
$270K
AGE
63
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Oceaneering International individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
16. Mar 20 Buy Stephen Barrett Individual 16. Mar 20 16. Mar 20 10,000 €2.09 €20,933
16. Mar 20 Buy M. McEvoy Individual 16. Mar 20 16. Mar 20 30,000 €2.73 €81,993
16. Mar 20 Buy Eric Silva Individual 16. Mar 20 16. Mar 20 21,500 €2.11 €45,258
13. Mar 20 Buy Philip Beierl Individual 13. Mar 20 13. Mar 20 8,000 €3.16 €25,281
13. Mar 20 Buy David Lawrence Individual 13. Mar 20 13. Mar 20 8,000 €2.98 €23,829
11. Mar 20 Buy Earl Childress Individual 10. Mar 20 10. Mar 20 14,600 €3.96 €57,799
10. Mar 20 Buy Alan Curtis Individual 09. Mar 20 09. Mar 20 8,180 €3.50 €28,612
10. Mar 20 Buy Roderick Larson Individual 09. Mar 20 09. Mar 20 10,000 €4.37 €43,740
10. Mar 20 Buy Witland LeBlanc Individual 10. Mar 20 10. Mar 20 2,000 €4.34 €8,203
21. Jun 19 Sell Witland LeBlanc Individual 15. May 19 15. May 19 -2,879 €16.98 €-48,888
X
Management checks
We assess Oceaneering International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Oceaneering International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OII News

Simply Wall St News

OII Company Info

Description

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2019, this segment owned 250 work-class ROVs. The company’s Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing steel tubes, thermoplastic hoses, and termination assemblies; tooling, ROV tooling, and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connector and repair systems; subsea and topside control valves; and subsea chemical injection valves, as well as offers riserless light well intervention services. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossing, and umbilical and other subsea equipment installations, and subsea intervention services. The company’s Asset Integrity segment offers asset integrity services for the safety of customers’ facilities onshore and offshore; third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. Its Advanced Technologies segment provides project management, engineering services, and equipment for applications in non-energy industries. The company was founded in 1964 and is headquartered in Houston, Texas.

Details
Name: Oceaneering International, Inc.
OII
Exchange: DB
Founded: 1964
$308,421,974
99,267,064
Website: http://www.oceaneering.com
Address: Oceaneering International, Inc.
11911 FM 529,
Houston,
Texas, 77041,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE OII Common Stock New York Stock Exchange US USD 03. Nov 1975
DB OII Common Stock Deutsche Boerse AG DE EUR 03. Nov 1975
LSE 0KAN Common Stock London Stock Exchange GB USD 03. Nov 1975
Number of employees
Current staff
Staff numbers
9,100
Oceaneering International employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 00:59
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.