Oceaneering International, Inc.

Oceaneering International, Inc.

OIIยทNYSE

$37.99

+0.066%
EnergyOil & Gas Equipment & Services

Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. As of December 31, 2021, this segment owned 250 work-class ROVs. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots and automated guided vehicle technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$3.79B
EPS3.4900
P/E Ratio10.89
Earnings Date07/22/2026
Oceaneering International, Inc.

Oceaneering International, Inc. Fair Value Envelope

OII ยท NYSE

Our analysis suggests that OII has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $37.99, this represents a potential HIDDEN relative to our calculated worth for Oceaneering International, Inc..

Intrinsic Value
Current Price: $37.99

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$2,697.3B
+ Cash & Equivalents$688.9M
Firm Value$2,698.0B
- Debt$487.4M
Equity Value$2,697.5B
/ Shares Outstanding100,537,756B
DCF Value$26.8K
UNDERVALUED BY 70525%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$637.7M
$1.3B
$2.6B
$5.1B
$10.2B
$20.4B
$40.8B
$81.6B
$163.3B
$326.5B
Maintenance CapEx
-$44.4M
-$88.8M
-$177.6M
-$355.2M
-$710.5M
-$1.4B
-$2.8B
-$5.7B
-$11.4B
-$22.7B
Owner Earnings
$593.3M
$1.2B
$2.4B
$4.7B
$9.5B
$19.0B
$38.0B
$75.9B
$151.9B
$303.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$549.4M
$1.0B
$1.9B
$3.5B
$6.5B
$12.0B
$22.2B
$41.0B
$76.0B
$140.7B
Terminal Value represents 88.7% of Enterprise Value