Summary: Oceaneering International Inc. - S&P Global Ratings’ Credit Research

Summary: Oceaneering International Inc.

Summary: Oceaneering International Inc. - S&P Global Ratings’ Credit Research
Summary: Oceaneering International Inc.
Published Oct 14, 2015
7 pages (2166 words) — Published Oct 14, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

A solid competitive position within its core product offerings, especially its Remotely Operated Vehicles segment A geographically diverse revenue base The company's exposure to the highly cyclical and volatile oil and gas industry A smaller scale of operations and a narrower product offering compared with peers Our expectation that credit measures will weaken in 2016 in comparison to 2015 but be sufficient for the rating category Moderate free cash flow generation over the next two years Strong liquidity, including approximately $500 million of availability on its credit facility and $191 million of cash as of June 30, 2015 The stable outlook on Oceaneering International Inc. reflects Standard&Poor's Ratings Services' assessment that the company will maintain funds from operation

  
Brief Excerpt:

...A solid competitive position within its core product offerings, especially its Remotely Operated Vehicles segment...

  
Report Type:

Summary

Issuer
GICS
Oil & Gas Equipment & Services (10101020)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Oceaneering International Inc." Oct 14, 2015. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Oceaneering-International-Inc-1464769>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Oceaneering International Inc. Oct 14, 2015. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Oceaneering-International-Inc-1464769>
  
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