OII
Oceaneering International, Inc. Energy - Oil & Gas Equipment & Services Investor Relations →
Oceaneering International, Inc. (OII) closed at $32.19 as of 2026-02-02, trading 57.1% above its 200-week moving average of $20.49. The stock moved further from the line this week, up from 47.5% last week. With a 14-week RSI of 76, OII is in overbought territory.
Over the past 2575 weeks of data, OII has crossed below its 200-week moving average 32 times. On average, these episodes lasted 33 weeks. Historically, investors who bought OII at the start of these episodes saw an average one-year return of +37.5%.
With a market cap of $3.2 billion, OII is a mid-cap stock. The company generates a free cash flow yield of 3.5%. Return on equity stands at 28.7%, indicating strong profitability. The stock trades at 3.5x book value.
Over the past 33.2 years, a hypothetical investment of $100 in OII would have grown to $1189, compared to $2849 for the S&P 500. OII has returned 7.8% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -18.1% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: OII vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OII Crosses Below the Line?
Across 21 historical episodes, buying OII when it crossed below its 200-week moving average produced an average return of +10.5% after 12 months (median +10.0%), compared to +4.3% for the S&P 500 over the same periods. 60% of those episodes were profitable after one year. After 24 months, the average return was +39.9% vs +18.5% for the index.
Each line shows $100 invested at the moment OII crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
OII has crossed below its 200-week MA 32 times with an average 1-year return of +37.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1976 | Jun 1977 | 36 | 45.9% | +30.8% | +2887.9% |
| Jun 1977 | Jan 1980 | 133 | 49.9% | -29.5% | +1810.3% |
| Mar 1980 | Apr 1980 | 4 | 7.9% | +222.7% | +2548.3% |
| Aug 1982 | Aug 1982 | 2 | 3.1% | -23.7% | +1153.0% |
| Dec 1982 | Jan 1983 | 2 | 5.9% | -44.8% | +1113.8% |
| Mar 1983 | Jun 1987 | 224 | 85.1% | -43.3% | +1101.3% |
| Oct 1987 | Mar 1988 | 20 | 47.7% | +10.5% | +6033.0% |
| May 1988 | Jul 1988 | 6 | 4.2% | +90.0% | +5726.4% |
| Oct 1988 | Oct 1988 | 1 | 7.7% | +216.7% | +6373.7% |
| Oct 1988 | Nov 1988 | 3 | 8.8% | +250.0% | +6373.7% |
| Dec 1988 | Dec 1988 | 1 | 2.5% | +327.0% | +6198.8% |
| Dec 1993 | Dec 1993 | 3 | 2.7% | -21.9% | +1009.8% |
| Jan 1994 | Jan 1994 | 2 | 0.1% | -25.5% | +999.3% |
| Feb 1994 | Feb 1994 | 1 | 1.1% | -33.3% | +1009.8% |
| Mar 1994 | Jun 1994 | 13 | 11.9% | -32.3% | +1077.0% |
| Aug 1994 | Aug 1994 | 1 | 0.7% | -12.6% | +1031.3% |
| Sep 1994 | Mar 1996 | 77 | 38.0% | -18.0% | +1065.3% |
| Jul 1998 | Apr 1999 | 38 | 37.8% | +23.4% | +989.0% |
| May 1999 | Jun 1999 | 4 | 2.4% | +23.8% | +839.7% |
| Oct 1999 | Feb 2000 | 19 | 22.6% | +2.5% | +867.0% |
| Apr 2000 | Apr 2000 | 2 | 5.1% | +33.6% | +782.8% |
| Jul 2000 | Dec 2000 | 21 | 21.1% | +26.7% | +832.2% |
| Sep 2001 | Oct 2001 | 2 | 6.9% | +49.4% | +810.4% |
| Sep 2008 | Apr 2009 | 30 | 54.1% | +30.7% | +77.6% |
| Jun 2009 | Jul 2009 | 2 | 10.4% | +2.6% | +66.9% |
| May 2010 | Sep 2010 | 17 | 17.4% | +73.4% | +57.4% |
| Oct 2010 | Oct 2010 | 1 | 0.6% | +42.6% | +38.0% |
| Jan 2015 | May 2021 | 334 | 86.3% | -37.6% | -37.6% |
| Jul 2021 | Oct 2021 | 12 | 24.3% | -26.7% | +146.5% |
| Oct 2021 | Jan 2022 | 14 | 21.8% | -2.2% | +136.7% |
| Apr 2022 | Oct 2022 | 26 | 35.3% | +56.5% | +184.1% |
| Mar 2025 | Apr 2025 | 4 | 7.8% | N/A | +87.8% |
| Average | 33 | — | +37.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02