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Oceaneering

Oceaneering

Backlog (Integrity Management & Digital Solutions)

$437 M

FY, 2021

Revenue

$1.9 B

FY, 2021

Market Capitalization

$917.2 M

2022-09-19

Oceaneering Summary

Company summary

Overview
Oceaneering is a provider of engineered services and products to the offshore oil and gas industry. It operates through five segments: Remotely Operated Vehicles ("ROVs"), Subsea Products, Subsea Projects, Asset Integrity, and Advanced Technologies. The ROVs segment provides tethered submersible vehicles remotely operated from the surface to customers in the energy industry for drilling support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance and repair. The Subsea Products segment includes control umbilicals and specialty hardware, as well as tooling, subsea work systems, and installation and workover control systems, which are built and operated as a service. The Subsea Projects segment is engaged in subsea installation, inspection, diving, and maintenance and repair services. The Asset Integrity segment provides asset integrity management, corrosion management, inspection, and non-destructive testing services. The Advanced Technologies segment engages in engineering and related manufacturing in defense and space exploration activities as well as offers turnkey solutions that include program management, engineering design, fabrication, assembly, and installation to the commercial theme park industry and mobile robotics solutions.
Type
Public
Founded
1969
HQ
Houston, TX, US | view all locations
Website
https://www.oceaneering.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Roderick A. Larson

    Roderick A. Larson, President and Chief Executive Officer

  • Alan R. Curtis, Senior Vice President and Chief Financial Officer

  • Holly D. Kriendler

    Holly D. Kriendler, Senior Vice President and Chief Human Resources Officer

  • Witland J. LeBlanc

    Witland J. LeBlanc, Vice President and Chief Accounting Officer

Operating MetricsView all

Remotely Operated Vehicle Days Available

91.2K

FY, 2021

Backlog (Subsea Products)

$637M
18.4%

FY, 2021

Remotely Operated Vehicle Utilization

58.0%
1.7%

FY, 2021

LocationsView all

59 locations detected

  • Houston, TX HQ

    United States

    11911 Farm to Market Rd 529

  • Austin, TX

    United States

    4516 Seton Center Pkwy, Lakeview Plaza, Suites 215, 220, and 230

  • Bremerton, WA

    United States

    647 4th St #100

  • Broussard, LA

    United States

    202 Staton St

  • Chesapeake, VA

    United States

    2155 Steppingstone Square

  • Golden Meadow, LA

    United States

    182 16th St

and 53 others

Oceaneering Financials

Summary financials

Revenue (Q2, 2022)
$524.0M
Gross profit (Q2, 2022)
$76.0M
Net income (Q2, 2022)
$3.7M
Cash (Q2, 2022)
$368.4M
EBIT (Q2, 2022)
$22.9M
Enterprise value
$1.4B

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