Oceaneering International provides engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The company was founded in 1964 and is based in Houston, Texas.
OII Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Oceaneering International Inc. To summarize, we found that Oceaneering International Inc ranked in the 0th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Oceaneering International Inc ended up being:
In the past 5.52 years, Oceaneering International Inc has a compound free cash flow growth rate of -0.41%; that's higher than just 5.27% of free cash flow generating stocks in the Energy sector.
50% of the company's capital comes from equity, which is greater than only 19.83% of stocks in our cash flow based forecasting set.
Oceaneering International Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -15.8. This coverage rate is greater than that of only 6.21% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Oceaneering International Inc? See CLR, CPE, DVN, GLOG, and MRO.
Oceaneering International (OII) announces that its Subsea Robotics segment won multiple contracts during Q4, with anticipated aggregate revenue in excess of $225M.These contracts are with international oil and gas operators and marine construction companies, and range in duration from several months to five years."We value the confidence that our customers have in Oceaneering, as evidenced by the volume of this order...
Oceaneering International, Inc. (NYSE:OII) announces that its Subsea Robotics segment won multiple contracts during the fourth quarter of 2020, with anticipated aggregate revenue in excess of $225 million. These contracts are with international oil and gas operators and marine construction companies, and range in duration from several months to five years. The work scopes are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and multi-service, subsea intervention, and construction vessels. Also included among the contracted scopes are ROV tooling, survey, positioning, and autonomous underwater vehicle (AUV) services.