Oceaneering International delivers engineered services and products and robotic solutions to offshore energy, defense, aerospace, manufacturing and other industries. Co.'s segments are Energy Services and Products and Aerospace and Defense Technologies (ADTech). Co.'s segments within the Energy Services and Products business are: Subsea Robotics, which consists of remotely operated vehicles (ROVs), survey services and ROV tooling businesses; Manufactured Products; Offshore Projects Group; and Integrity Management and Digital Solutions. Co.'s ADTech segment provides government services and products including engineering and related manufacturing in defense and space exploration activities. We show 59 historical shares outstanding datapoints in our OII shares outstanding history coverage, used to compute OII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OII market cap history over the course of time is important for investors
interested in comparing OII's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of OII versus a peer is one thing; comparing
OII market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like OII can fluctuate over the course of history.
With this page we aim to empower investors researching OII by allowing them to research the OII market cap history. |
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Video: The Importance of Market Cap
