Oceaneering International

Oceaneering pushes the frontiers of deep water, space and motion entertainment environments to execute with new, leading-edge connections to solve tomorrow’s challenges, today. As the trusted subsea connection specialist, our experience combined with the depth and breadth of our portfolio of technologies allows us to engineer solutions for the most complex subsea challenges. From routine to extreme, our integrated products, services, and innovative solutions safely de-risk operational systems, increase reliability, and enable a lower total cost of ownership. We are connecting what’s needed with what’s next as the world’s largest ROV operator and the leading ROV provider to the oil and gas industry with over 300 systems operating worldwide. With our safety-focused and innovative approach, we responsively and decisively react to subsea challenges while providing solutions swiftly and efficiently.
Type
Public
HQ
Houston, US
Founded
1964
Size (employees)
9,300 (est)-15%
Oceaneering International was founded in 1964 and is headquartered in Houston, US

Oceaneering International Office Locations

Oceaneering International has offices in Houston, Jandakot, Rio de Janeiro, Sandnes and in 5 other locations
Houston, US (HQ)
11911 FM 529
Morgan City, US
5004 Railroad Ave
Hanover, US
7001 Dorsey Rd
Dubai, AE
15 Al Moosa Tower 2 Sheikh Zayed Rd
Singapore, SG
1 Kwong Min Rd
Dyce, GB
Oceaneering House Pitmedden Rd
24 Vestre Svanholmen
Rio de Janeiro, BR
123 Av. Rio Branco
Jandakot, AU
634 Karel Ave

Oceaneering International Metrics

Oceaneering International Financial Metrics

Revenue (2016)

$2.3 b

Revenue growth (2015-16), %

(26%)

Gross profit

$279.2 m

Gross profit margin (2016), %

12%

Net income (2016)

$24.6 m

Market capitalization (21-Mar-2017)

$2.5 b

Closing share price (21-Mar-2017)

$25.6

Cash (31-Dec-2016)

$450.2 m
Oceaneering International's current market capitalization is $2.5 b.
Oceaneering International's revenue was reported to be $2.3 b in FY, 2016 which is a 25.8% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$3.3 b$3.7 b$3.1 b$2.3 b

Revenue growth, %

11%(16%)(26%)

Cost of goods sold

$2.5 b$2.8 b$2.5 b$2 b

Gross profit

$765.5 m$859.2 m$605.4 m$279.2 m

Gross profit Margin, %

23%23%20%12%

General and administrative expense

$220.4 m$238.7 m

Operating expense total

$220.4 m$238.7 m

EBIT

$545.1 m$628.3 m$373.8 m$70.8 m

EBIT margin, %

17%17%12%3%

Interest expense

$2.2 m$4.7 m

Interest income

$554 k$293 k$607 k$3.9 m

Pre tax profit

$542.3 m$623.5 m$336.3 m$43.3 m

Income tax expense

$170.8 m$195.1 m$105.3 m$18.8 m

Net Income

$371.5 m$428.3 m$231 m$24.6 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$91.4 m$430.7 m$385.2 m$450.2 m

Accounts Receivable

Inventories

$441.8 m$375.6 m$328.5 m$280.1 m

Current Assets

$1.4 b$1.7 b$1.5 b$1.3 b

Goodwill

$344 m$331.5 m$426.9 m$443.6 m

Total Assets

$3.1 b$3.5 b$3.4 b$3.1 b

Accounts Payable

$129.6 m$123.7 m$118.3 m$77.6 m

Current Liabilities

$727.1 m$679.1 m$616 m$508.4 m

Additional Paid-in Capital

$222.4 m$229.6 m$230.2 m$227.6 m

Retained Earnings

$1.9 b$2.2 b$2.4 b$2.3 b

Total Equity

$2 b$1.7 b$1.6 b$1.5 b

Financial Leverage

1.5 x2.1 x2.2 x2.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$371.5 m$428.3 m$231 m$24.6 m

Depreciation and Amortization

$202.2 m$229.8 m$241.2 m$250.2 m

Accounts Receivable

($100 m)($8.5 m)$179 m$123 m

Inventories

($110 m)$66.3 m$59.2 m$17.8 m

Accounts Payable

Cash From Operating Activities

$528.9 m$721.8 m$560.4 m$340.5 m

Purchases of PP&E

($382.5 m)($386.9 m)($200 m)($112.4 m)

Cash From Investing Activities

($377.6 m)($419.5 m)($437.2 m)($169.5 m)

Oceaneering International Market Value History

Oceaneering International Median Salaries

Source: 60 public H-1B filings from Oceaneering International

Oceaneering International Online Presence

Oceaneering International News

Oceaneering International Company Life

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