Company profile

Ticker
OII
Exchange
CEO
Roderick A. Larson
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
952628227

OII stock data

(
)

Calendar

3 Aug 20
25 Oct 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
2 Sep 20 T Jay Collins Common Stock Sell Dispose S No 5.191 1,902 9.87K 41,716
13 Jul 20 Paul B Murphy JR Common Stock Other Dispose J No 0 16,292 0 28,624
3 Jun 20 Charles Davison Common Stock Payment of exercise Dispose F No 0 4,912 0 152,673
20 Mar 20 Kishore Sundararajan Common Stock Grant Aquire A No 0 11,345 0 11,345
85.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 180 178 +1.1%
Opened positions 29 25 +16.0%
Closed positions 27 62 -56.5%
Increased positions 72 67 +7.5%
Reduced positions 57 62 -8.1%
13F shares
Current Prev Q Change
Total value 1.38B 1.36B +1.6%
Total shares 84.85M 88.68M -4.3%
Total puts 0 0
Total calls 12.2K 1.5K +713.3%
Total put/call ratio
Largest owners
Shares Value Change
BLK BlackRock 16.7M $106.72M +1.2%
FMR 12.63M $80.69M +31.8%
Vanguard 11.26M $71.92M +4.3%
Dimensional Fund Advisors 5.34M $34.14M -26.7%
STT State Street 4.24M $27.11M +6.5%
Fisher Asset Management 2.54M $16.25M -3.3%
CS Credit Suisse 2.36M $15.07M +2.0%
Van Eck Associates 2.19M $13.99M -15.5%
D. E. Shaw & Co. 1.96M $12.53M -23.6%
Geode Capital Management 1.41M $8.99M +2.6%
Largest transactions
Shares Bought/sold Change
FMR 12.63M +3.05M +31.8%
Dimensional Fund Advisors 5.34M -1.95M -26.7%
Balyasny Asset Management 0 -1.48M EXIT
Assenagon Asset Management 15.02K -992.59K -98.5%
Dalton Greiner Hartman Maher & Co 0 -923.04K EXIT
Citadel Advisors 240.56K -716.49K -74.9%
Sprucegrove Investment Management 0 -637.69K EXIT
JPM JPMorgan Chase & Co. 131.33K -613.29K -82.4%
Nuveen Asset Management 1.07M +611.8K +133.4%
D. E. Shaw & Co. 1.96M -605.33K -23.6%

Financial report summary

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Risks
  • We derive most of our revenue from companies in the offshore oil and gas industry, a historically cyclical industry with levels of activity that are significantly affected by the levels and volatility of oil and gas prices.
  • Our operations could be adversely impacted by the effects of new regulations.
  • Our international operations involve additional risks not associated with domestic operations.
  • Our backlog is subject to unexpected adjustments and cancellations and is, therefore, an uncertain indicator of our future revenue and earnings.
  • A global financial crisis could impact our business and financial condition in ways that we currently cannot predict.
  • Our business strategy also includes development and commercialization of new technologies to support our growth. The development and commercialization of new technologies require capital investment and involve various risks and uncertainties.
  • The loss of the services of one or more of our key personnel, or our failure to attract, assimilate and retain trained personnel in the future, could disrupt our operations and result in loss of revenue.
  • We may not be able to compete successfully against current and future competitors.
  • We rely on intellectual property law and confidentiality agreements to protect our intellectual property. We also rely on intellectual property we license from third parties. Our failure to protect our intellectual property rights, or our inability to obtain or renew licenses to use intellectual property of third parties, could adversely affect our business.
  • Our information technology systems are subject to interruption and cybersecurity risks that could adversely impact our operations.
  • Our offshore oilfield operations involve a variety of operating hazards and risks that could cause losses.
  • Laws and governmental regulations may add to our costs or adversely affect our operations.
  • Environmental laws and regulations can increase our costs, and our failure to comply with those laws and regulations can expose us to significant liabilities.
  • Our internal controls may not be sufficient to achieve all stated goals and objectives.
  • The use of estimates could result in future adjustments to our assets, liabilities and results of operations.
  • We may issue preferred stock whose terms could adversely affect the voting power or value of our common stock.
  • Provisions in our corporate documents and Delaware law could delay or prevent a change in control of our company, even if that change would be beneficial to our shareholders.
Management Discussion
  • Certain statements we make in this quarterly report on Form 10-Q are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding our expectations about:
  • These forward-looking statements are subject to various risks, uncertainties and assumptions, including those we have referred to under the headings "Risk Factors" and "Cautionary Statement Concerning Forward-Looking Statements" in Part I of our annual report on Form 10-K for the year ended December 31, 2019. Although we believe that the expectations reflected in such forward-looking statements are reasonable, because of the inherent limitations in the forecasting process, as well as the relatively volatile nature of the industries in which we operate, we can give no assurance that those expectations will prove to have been correct. Accordingly, evaluation of our future prospects must be made with caution when relying on forward-looking information.
  • The ongoing coronavirus (COVID-19) outbreak, which the World Health Organization declared a pandemic and the U.S. Government declared a national emergency in March 2020, has reached more than 200 countries and has continued to be a rapidly evolving situation. The pandemic has resulted in widespread adverse impacts on the global economy and financial markets, and on our employees, customers, suppliers and other parties with whom we have business relations. We have experienced some resulting disruptions to our business operations, as the pandemic has continued to spread through most of our markets. For example, since mid-March, we have had to restrict access to our administrative offices around the world and quarantine personnel and assets as required by various governmental authorities and our own safety protocols.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
New words: affirm, found, IMR, incorporated, internationally, macro, preserve, recovering, refund, trust, uncollectible, written
Removed: acquisition, assumed, improve, month, package, proportion, reinvested

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