Oceaneering International (OII)
The Company is a global oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deepwater applications.
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Oil isn't getting any more plentiful. These guys get paid to go looking for it.
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Its obvious that demand for oil will increase, and these guys are in the business of getting that oil.
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I am bullish on oil & nat. gas.
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reloading at a 50% discount
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2/9/09 Pitch: Downthumb. Earnings 2/19/09, 11:00 AM. Will lower guidance and possibly miss expectations. Good company, but not a good investment oil rebounds.
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Lots of cash, generating great returns on equity...in addition to the growing demand for finding oil NOT buried beneath deserts. Who better to find "the bottom" than a deep-sea oil driller?
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Excellent oil play, efficently run diving service, demand will continue to increase.
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Not only is Oceaneering a big player in the oil service industry, they have diversified operations in the space, entertainment, and military sectors.
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Very Unique Company!
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Long term oil demand is up and these guys can find the stuff that's hard to get.
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Re-loading on oil and NG related stocks.
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If capone and heebner thought this was a good pick at 78 & 75.... and it is now at 60... this stock MUST be on sale
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Following TrackCapitalOne. Offshore drilling play.
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offshore drilling, we have other choice or else there will be the US toilet paper
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With the need for more oil & gas, to keep up with the expanding need, more off shore drilling is a must. Whether we like it or not. Rather than rely on someone else its time to expand our search for these products in our waters.
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TrackCapitalOne seems to have developed a knack for long-term picks.
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With the offshore drilling in the Gulf of Mexico, Oceaneering provides a solid clean process of extracting the oil without harm to the environment through the use of ROV's. This company also consistently has great earnings. Watch mad money with jim cramer LOL. With high oil prices the idea of offshore drilling will give Americans the idea that drilling in the gulf will help lower the price of gasoline. If congress decides to become smart, Oceaneering will reap the benefits of that good decision.
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Offshore oil development growth

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