Oceaneering International Up 21.1% with A VGM, B Momentum Scores
Oceaneering International reported $2.7 billion in revenue last year and holds a Zacks #2 Buy rank with a VGM Score of A and Momentum Score of B. Its shares have risen 21.1% over the past four weeks, and the consensus 2025 earnings estimate stands at $2.01 per share.
1. Zacks Ranking and Style Scores
Oceaneering International carries a Zacks #2 (Buy) rank, reflecting strong earnings estimate revisions. The company achieved an A VGM Score combining value, growth and momentum, alongside a B Momentum Score based on recent price trends and earnings estimate changes.
2. Recent Share Performance
Shares of Oceaneering have climbed 21.1% over the past four weeks, driven by positive momentum indicators and improved investor sentiment in the offshore energy sector. This uptick suggests growing confidence in the company’s near-term outlook.
3. Earnings Estimate and Surprise
One analyst revised the fiscal 2025 earnings estimate higher in the last 60 days, contributing to a consensus forecast of $2.01 per share. Historically, Oceaneering has delivered an average earnings surprise of +12.3%, underscoring volatility in its quarterly results.
4. Company Financials Overview
Founded in 1964 and headquartered in Houston, Oceaneering International supplies offshore equipment and technology across the energy lifecycle. The company generated $2.7 billion in revenue last year, focusing on deepwater exploration, production and decommissioning services.