Oceaneering International traded at $33.28 this Friday March 13th, decreasing $2.16 or 6.09 percent since the previous trading session. Looking back, over the last four weeks, Oceaneering International lost 2.84 percent. Over the last 12 months, its price rose by 65.24 percent. Looking ahead, we forecast Oceaneering International to be priced at 32.27 by the end of this quarter and at 29.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Oceaneering International, Inc. is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company's business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies). Its four business segments within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The services and products it provides to the oil and gas industry include remotely operated vehicles, specialty subsea hardware, engineering and project management, subsea intervention services, including manned diving, survey and positioning services and asset integrity and nondestructive testing services. The Company serves the defense, aerospace and commercial theme park industries.