Oceaneering International Intrinsic Value Calculation – Director Deanna L. Goodwin Sells 48303 Shares of Oceaneering International,
May 19, 2023
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Oceaneering International ($NYSE:OII), Inc., is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The company operates through three segments: Services and Products supplied to the Subsea segment, Remotely Operated Vehicle (ROV) services segment and Advanced Technologies segment. The sale is subject to SEC rules and will be reported to the SEC as required by law.
Market Price
The stock opened at $16.3 and closed at $16.4, up 1.1% from the previous closing price of $16.2. This marks the first transaction by Goodwin in the last three months. It is unclear whether the shares were sold in one or multiple transactions.
The sale was filed with the U.S. Securities and Exchange Commission and can be accessed through the SEC’s website. They provide engineered services and products to offshore and shallow water oil and gas projects around the world. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Oceaneering International. More…
| Total Revenues | Net Income | Net Margin |
| 2.16k | 49.21 | 2.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Oceaneering International. More…
| Operations | Investing | Financing |
| 120.88 | -76.86 | -1.86 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Oceaneering International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.04k | 1.52k | 5.16 |
Key Ratios Snapshot
Some of the financial key ratios for Oceaneering International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.0% | -74.3% | 6.9% |
| FCF Margin | ROE | ROA |
| 1.8% | 17.9% | 4.6% |
Analysis – Oceaneering International Intrinsic Value Calculation
GoodWhale has conducted an in-depth analysis of OCEANEERING INTERNATIONAL‘s wellbeing. After reviewing the company’s financials, business operations, and market conditions, our proprietary Valuation Line has calculated the fair value of OCEANEERING INTERNATIONAL’s share to be around $13.2. However, the stock is currently traded at $16.4, overvalued by 24.2%. More…
Peers
Oceaneering International, Inc. is one of the world’s largest providers of engineered services and products to the offshore oil and gas industry, with a focus on deepwater applications. The company has a significant competitive advantage in its unique ability to operate in extremely deepwater environments. Deep Down, Inc. is a leading provider of subsea intervention, installation, and abandonment services to the oil and gas industry. The company has a strong track record of delivering complex projects safely and on time. Dolfines is a leading provider of remotely operated vehicles (ROVs) and related services to the oil and gas industry. The company has a broad range of ROVs and related services that are used in a variety of applications, including deepwater drilling and production. Bumi Armada Bhd is a leading provider of floating production, storage, and offloading (FPSO) vessels and related services to the oil and gas industry. The company has a strong track record of delivering projects on time and on budget.
– Deep Down Inc ($OTCPK:DPDW)
The company’s market capitalization is 7.25 million as of 2022. The company’s return on equity is -2.83%. The company is engaged in the development of oil and gas projects.
– Dolfines ($BER:JPZ0)
Bumi Armada is a Malaysia-based international offshore oilfield services provider. The Company is engaged in the charter, operation and maintenance of floating production, storage and offloading (FPSO) vessels, Floating LNG (FLNG) vessels, Tension Leg Platforms (TLPs), FPSO topsides, FSOs, LNG regasification units, LNG carriers, LNG/CNG carriers, other LNG related floating units, process platforms, mini-refineries, riser platforms and living quarters platforms.
Summary
Oceaneering International, Inc. is a global provider of engineered services and products, primarily to the offshore oil and gas industry. Recently, the company’s director Deanna L. Goodwin sold 48,303 shares of her holdings. This could indicate an insider’s expectation of a bearish outlook on the company’s stock. Investors should take this into consideration when evaluating potential investments in the company.
Analysts should consider whether or not the stock is currently undervalued and whether there are any current catalysts or trends that could cause the stock to appreciate over time. Investors should also consider any potential risks associated with investing in Oceaneering International, Inc., such as its reliance on the oil and gas industry, and its market exposure to political and economic events.
