Oceaneering International, Inc. Common Stock (OII)
Frequently Asked Questions About Oceaneering International, Inc. Common Stock (OII)
How does Oceaneering contribute to the defense sector?
Oceaneering contributes to the defense sector by providing specialized engineering solutions and advanced technologies, such as autonomous systems, underwater vehicles, and underwater inspection services that support military operations and environmental assessments for defense-related activities.
How does Oceaneering ensure quality in its services?
Oceaneering ensures quality in its services through a comprehensive quality management system that includes regular inspections, employee training, and adherence to industry standards and certifications. Continuous improvement initiatives are also implemented to enhance service delivery and customer satisfaction.
How does Oceaneering utilize technology in its services?
Oceaneering harnesses advanced technologies such as robotics, artificial intelligence, and data analytics to enhance its service offerings. This focus on technology allows the company to improve operational efficiency, safety, and effectiveness in various applications across multiple industries.
Is Oceaneering involved in renewable energy projects?
Yes, Oceaneering is actively involved in renewable energy projects, particularly in offshore wind energy. The company applies its expertise in subsea engineering and operational support to facilitate the development and maintenance of renewable energy infrastructures.
What are Oceaneering's environmental initiatives?
Oceaneering is committed to environmental stewardship and sustainability. The company actively seeks to minimize its environmental impact through the development of cleaner, more efficient technologies and by engaging in practices that promote responsible resource management.
What are Oceaneering's key services?
Oceaneering offers a wide range of services including remotely operated vehicles (ROVs), subsea intervention services, engineering and project management, inspection services, as well as a range of specialized services such as subsea data management and autonomous systems.
What challenges does Oceaneering face in the market?
Oceaneering faces challenges such as fluctuations in global oil prices, increased regulatory scrutiny, and competition from other service providers. The company must continually adapt to evolving market conditions and invest in technology to stay competitive and meet customer demands.
What does Oceaneering International, Inc. do?
Oceaneering International, Inc. is a technology and engineering company that provides a variety of services to the offshore oil and gas industry as well as other sectors including defense, aerospace, and renewable energy. Its services range from remotely operated vehicles (ROVs) and subsea project management to advanced robotics and data management solutions.
What is Oceaneering's commitment to safety?
Oceaneering places a strong emphasis on safety and operational excellence. The company adheres to rigorous safety standards and procedures to protect its employees, clients, and the environment while delivering high-quality services.
What is Oceaneering's main area of expertise?
Oceaneering's main area of expertise lies in providing subsea engineering services and solutions. This includes operating and maintaining remotely operated vehicles (ROVs), conducting underwater inspections, and delivering integrated project management for offshore oil and gas operations.
What is Oceaneering's strategic vision?
Oceaneering's strategic vision focuses on being a leader in providing innovative sub-sea solutions and technological advancements. The company aims to expand its capabilities, diversify its customer base, and strengthen its position in the renewable energy sector while maintaining its commitment to safety and operational excellence.
What is the role of Oceaneering in subsea projects?
In subsea projects, Oceaneering acts as a full-service provider, offering services such as project management, engineering support, and the operation of ROVs and other sophisticated technologies. The company plays a vital role in ensuring that subsea operations are conducted efficiently, safely, and in compliance with industry regulations.
What is the significance of Oceaneering's ROV technology?
Oceaneering's ROV technology plays a crucial role in offshore operations, like underwater inspections and maintenance. ROVs allow for safe and efficient remote manipulation in harsh environments where human divers cannot easily operate, enhancing safety and productivity in subsea projects.
What sectors does Oceaneering serve besides oil and gas?
In addition to oil and gas, Oceaneering serves various sectors including aerospace, defense, entertainment, and renewable energy. The company's innovative technologies and engineering solutions are applicable across these diverse industries.
What stock exchange is Oceaneering listed on?
Oceaneering International, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol 'OII'. This allows investors to buy and sell shares of the company publicly.
When was Oceaneering International, Inc. founded?
Oceaneering was founded in 1964 in Houston, Texas. It started as a company providing underwater services and has since evolved to offer a wide array of advanced technology and engineering services, catering specifically to the needs of the offshore oil and gas industry.
Where is Oceaneering headquartered?
Oceaneering International, Inc. is headquartered in Houston, Texas. This central location positions the company strategically within the heart of the energy sector, allowing it to effectively serve clients in offshore oil and gas operations.
Who are Oceaneering's primary customers?
Oceaneering's primary customers include major oil and gas operators, offshore construction firms, and various governmental agencies. The company also serves clients in the renewable energy, aerospace, and defense sectors, providing tailored solutions to meet diverse needs.
What is the current price of Oceaneering International, Inc. Common Stock?
The current price of Oceaneering International, Inc. Common Stock is 17.14
When was Oceaneering International, Inc. Common Stock last traded?
The last trade of Oceaneering International, Inc. Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Oceaneering International, Inc. Common Stock?
The market capitalization of Oceaneering International, Inc. Common Stock is 1.71B
How many shares of Oceaneering International, Inc. Common Stock are outstanding?
Oceaneering International, Inc. Common Stock has 99.80M shares outstanding.