Oceaneering Announces Second Quarter Earnings

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Jefferies Upgrades Oceaneering Intl (OII) to Hold

July 23, 2015 7:50 AM EDT

Jefferies upgraded Oceaneering Intl (NYSE: OII) from Underperform to Hold with a price target of $38.00 (from $46.00).

Analyst Brad Handler commented, "Although '16E EPS is unchanged, this mostly reflects a true-up for non-operating items; we lower segment level EPS by ~$0.25 driven primarily... More

Oceaneering (OII) Declares $0.27 Quarterly Dividend; 2.8% Yield

July 22, 2015 5:03 PM EDT

Oceaneering (NYSE: OII) declared a quarterly dividend of $0.27 per share, or $1.08 annualized.

The dividend will be payable on September 18, 2015, to stockholders of record on August 28, 2015, with an ex-dividend date of August 26, 2015.

The annual yield on the dividend is 2.8 percent.

For a dividend... More

Oceaneering (OII) Tops Q2 EPS by 8c; Trims FY15 EPS Outlook

July 22, 2015 5:03 PM EDT

Oceaneering (NYSE: OII) reported Q2 EPS of $0.76, $0.08 better than the analyst estimate of $0.68. Revenue for the quarter came in at $810.3 million versus the consensus estimate of $789.39 million.

Oceaneering sees FY2015 EPS of $2.70-$2.90, versus the consensus of $2.87.

For earnings history and earnings-related data on Oceaneering (OII) click here.

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