OII
Oceaneering International, Inc. Energy - Oil & Gas Equipment & Services Investor Relations →
Oceaneering International, Inc. (OII) closed at $36.06 as of 2026-06-19, trading 57.6% above its 200-week moving average of $22.89. The stock is currently moving closer to the line, down from 73.1% last week. The 14-week RSI sits at 59, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 2594 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 +39.7%.
With a market cap of $3.6 billion, OII is a mid-cap stock. The company generates a free cash flow yield of 7.1%, which is healthy. Return on equity stands at 35.9%, indicating strong profitability. The stock trades at 3.2x book value.
Over the past 33.5 years, a hypothetical investment of $100 in OII would have grown to $1332, compared to $3097 for the S&P 500. OII has returned 8.0% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 73.4% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 +15.1% after 12 months (median +10.0%), compared to +5.0% for the S&P 500 over the same periods. 62% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices OII would reach each dislocation threshold.
Dislocation Price Levels
Prices where OII's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-22.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $32.60 | Unusually cheap — potential buy zone |
| Value | +1σ | $37.40 | Cheap vs. own history |
| Fair Value | +0σ | $43.85 | Historical mean behavior |
| Expensive | -1σ | $53.00 | Expensive vs. own history |
| Deep Expensive | -2σ | $66.97 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from OII's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
OII has crossed below its 200-week MA 32 times with an average 1-year return of +39.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1976 | Jun 1977 | 36 | 45.9% | +30.8% | +3247.1% |
| Jun 1977 | Jan 1980 | 133 | 49.9% | -29.5% | +2039.9% |
| Mar 1980 | Apr 1980 | 4 | 7.9% | +222.7% | +2866.7% |
| Aug 1982 | Aug 1982 | 2 | 3.1% | -23.7% | +1303.6% |
| Dec 1982 | Jan 1983 | 2 | 5.9% | -44.8% | +1259.8% |
| Mar 1983 | Jun 1987 | 224 | 85.1% | -43.3% | +1245.7% |
| Oct 1987 | Mar 1988 | 20 | 47.7% | +10.5% | +6770.3% |
| May 1988 | Jul 1988 | 6 | 4.2% | +90.0% | +6426.8% |
| Oct 1988 | Oct 1988 | 1 | 7.7% | +216.7% | +7152.0% |
| Oct 1988 | Nov 1988 | 3 | 8.8% | +250.0% | +7152.0% |
| Dec 1988 | Dec 1988 | 1 | 2.5% | +327.0% | +6956.0% |
| Dec 1993 | Dec 1993 | 3 | 2.7% | -21.9% | +1143.2% |
| Jan 1994 | Jan 1994 | 2 | 0.1% | -25.5% | +1131.5% |
| Feb 1994 | Feb 1994 | 1 | 1.1% | -33.3% | +1143.2% |
| Mar 1994 | Jun 1994 | 13 | 11.9% | -32.3% | +1218.6% |
| Aug 1994 | Aug 1994 | 1 | 0.7% | -12.6% | +1167.3% |
| Sep 1994 | Mar 1996 | 77 | 38.0% | -18.0% | +1205.4% |
| Jul 1998 | Apr 1999 | 38 | 37.8% | +23.4% | +1120.0% |
| May 1999 | Jun 1999 | 4 | 2.4% | +23.8% | +952.7% |
| Oct 1999 | Feb 2000 | 19 | 22.6% | +2.5% | +983.3% |
| Apr 2000 | Apr 2000 | 2 | 5.1% | +33.6% | +888.9% |
| Jul 2000 | Dec 2000 | 21 | 21.1% | +26.7% | +944.3% |
| Sep 2001 | Oct 2001 | 2 | 6.9% | +49.4% | +919.8% |
| Sep 2008 | Apr 2009 | 30 | 54.1% | +30.7% | +99.0% |
| Jun 2009 | Jul 2009 | 2 | 10.4% | +2.6% | +87.0% |
| May 2010 | Sep 2010 | 17 | 17.4% | +73.4% | +76.3% |
| Oct 2010 | Oct 2010 | 1 | 0.6% | +42.6% | +54.6% |
| Jan 2015 | May 2021 | 334 | 86.3% | -37.6% | -30.1% |
| Jul 2021 | Oct 2021 | 12 | 24.3% | -26.7% | +176.1% |
| Oct 2021 | Jan 2022 | 14 | 21.8% | -2.2% | +165.1% |
| Apr 2022 | Oct 2022 | 26 | 35.3% | +56.5% | +218.3% |
| Mar 2025 | Apr 2025 | 4 | 7.8% | +107.5% | +110.4% |
| Average | 33 | — | +39.7% | — |
Frequently Asked Questions
Is OII below its 200-week moving average?
No. Oceaneering International, Inc. (OII) is currently 57.6% above its 200-week moving average of $22.89. It would need to fall to $22.89 to cross below the line.
What is OII's 200-week moving average price?
Oceaneering International, Inc.'s 200-week moving average is $22.89 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when OII drops below its 200-week moving average?
OII has crossed below its 200-week moving average 32 times in our data. On average, buying at that moment produced a one-year return of +39.7%. These dips have historically been decent entry points. These episodes lasted 33 weeks on average.
Is OII a good value right now?
Here's what our data says about OII as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 59. Free cash flow yield is 7.1%. Return on equity is 35.9%. Price-to-book is 3.2x. This is not a buy or sell recommendation — always do your own research.
How does OII compare to the S&P 500?
Over the past 33.5 years, $100 invested in OII would have grown to $1332, compared to $3097 for the S&P 500. That's 8.0% annualized vs 10.8% for the index. OII has underperformed the broader market over this period.
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 week of 2026-06-19