Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Oceaneering International    OII

OCEANEERING INTERNATIONAL

(OII)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Oceaneering International : Provides Operations Update on Panama City Facility

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2018 | 05:09pm EDT

HOUSTON, Nov. 8, 2018 /PRNewswire/ -- Oceaneering International, Inc. ('Oceaneering') (NYSE:OII) is providing the following operations update on its manufacturing facility in Panama City, Florida and its recovery from Hurricane Michael.

Roderick A. Larson, Oceaneering's President and Chief Executive Officer, stated, 'Exceeding our own expectations, production activities at our Panama City facility have resumed. Subsea hardware load-outs are in progress, and umbilical deliveries are scheduled to begin this week.

'Our production equipment has undergone extensive testing and is mostly operational. We do, however, expect repair work to continue through the end of December. We continue to believe that, on balance, we fared well relative to the severity of the storm.

'Once again, we thank our employees, customers, vendors and the Panama City community as we continue to support each other.'

Statements in this press release that express a belief, expectation or intention, as well as those that are not historical fact, are forward-looking. The forward-looking statements in this press release include the statements concerning the expected timing of deliveries and repairs. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on current information and expectations of Oceaneering that involve a number of risks, uncertainties, and assumptions, including risks and uncertainties related to the ongoing assessment of storm damage and estimates relating to the completion of repair work. Should one or more of these risks or uncertainties materialize, or should the assumptions underlying the forward-looking statements prove incorrect, actual outcomes could vary materially from those indicated. These and other risks are more fully described in Oceaneering's latest annual report on Form 10-K and its other periodic filings with the Securities and Exchange Commission.

Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For more information on the Company, please visit www.oceaneering.com.

Contact:
Mark Peterson
Vice President, Corporate Development and Investor Relations
Oceaneering International, Inc.
713-329-4507
investorrelations@oceaneering.com

View original content:http://www.prnewswire.com/news-releases/oceaneering-provides-operations-update-on-panama-city-facility-300746862.html

SOURCE Oceaneering International, Inc.

Disclaimer

Oceaneering International Inc. published this content on 08 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 November 2018 22:08:09 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on OCEANEERING INTERNATIONAL
04/17OCEANEERING INTERNATIONAL : Launches Global Engineering Consultancy Business
AQ
04/11OCEANEERING INTERNATIONAL : Hemisphere GNSS Announces Strategic Partnership with..
AQ
03/29OCEANEERING INTERNATIONAL : Announces Dates for First Quarter 2019 Earnings Rele..
PR
03/29OCEANEERING INTERNATIONAL : Notice of 2019 Annual Meeting and Proxy Statement da..
PU
03/29OCEANEERING INTERNATIONAL : Proxy Statement (definitive)
PU
03/21OCEANEERING INTERNATIONAL : TAXI™ Digital Radiography Solution to Provide ..
AQ
03/20OCEANEERING INTERNATIONAL : TAXI(TM) Digital Radiography Solution to Provide Sig..
AQ
03/19OCEANEERING INTERNATIONAL : to Present at the Scotia Howard Weil Energy Conferen..
PR
03/19OCEANEERING INTERNATIONAL INC : Regulation FD Disclosure (form 8-K)
AQ
03/19OCEANEERING INTERNATIONAL : Joins MHI Industry Group Board
AQ
More news
Financials ($)
Sales 2019 2 062 M
EBIT 2019 -57,7 M
Net income 2019 -94,7 M
Debt 2019 441 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
EV / Sales 2019 1,07x
EV / Sales 2020 0,97x
Capitalization 1 773 M
Chart OCEANEERING INTERNATIONAL
Duration : Period :
Oceaneering International Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends OCEANEERING INTERNATIONAL
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 17,9 $
Spread / Average Target 0,02%
EPS Revisions
Managers
NameTitle
Roderick A. Larson President, Chief Executive Officer & Director
John R. Huff Chairman
Clyde Winston Hewlett Chief Operating Officer
Alan R. Curtis Chief Financial Officer & Senior Vice President
Paul B. Murphy Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
OCEANEERING INTERNATIONAL44.21%1 773
SCHLUMBERGER NV27.19%63 602
HALLIBURTON COMPANY13.28%27 187
BAKER HUGHES20.79%26 916
TECHNIPFMC26.56%11 443
NATIONAL OILWELL VARCO3.07%10 768