|Bid||152.60 x 200800|
|Ask||152.90 x 502000|
|Day's Range||151.80 - 153.00|
|52 Week Range||123.90 - 163.50|
|PE Ratio (TTM)||-198.83|
|Dividend & Yield||0.88 (4.96%)|
|1y Target Est||N/A|
Oceaneering International, Inc. (OII) recently announced that it has secured a three-year extension from Norwegian oil and gas company Statoil ASA (STO) for one of its oilfield business segments, Asset Integrity.
Statoil ASA (STO) recently declared that it anticipates net production from offshore operation in the U.S Gulf of Mexico to increase by more than 50% by 2020.
Statoil expects production to go up to 125,000 b/d of oil equivalent from its current rate of 80,000 boe/d.