Oceaneering Reports Third Quarter 2016 Results

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Oceaneering (OII) Receives Two-Year FSVS Contract Extension from BP (BP) Unit for Offshore Angola Work

October 28, 2016 7:23 AM EDT

Oceaneering International, Inc. (NYSE: OII) announced that a unit of BP p.l.c. (NYSE: BP) has agreed to a two-year extension through January 2019 under the Field Support Vessel Services contract that was entered into with the Company for... More

Oceaneering (OII) Declares $0.15 Quarterly Dividend; 2.4% Yield

October 28, 2016 7:22 AM EDT

Oceaneering (NYSE: OII) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on December 16, 2016, to stockholders of record on November 25, 2016, with an ex-dividend date of November 22, 2016.

The annual yield on the dividend is 2.4 percent.

For a dividend... More

Oceaneering (OII) Tops Q3 EPS by 1c

October 27, 2016 6:10 PM EDT

Oceaneering (NYSE: ) reported Q3 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $549 million versus the consensus estimate of $598.56 million.

M. Kevin McEvoy, Chief Executive Officer of Oceaneering, stated, "On an adjusted basis, our third quarter operating results were in line with our... More