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Stock impact report

Oceaneering International's Subsea Robotics Shift Reshapes Energy And Defense Mix [Yahoo! Finance]

Oceaneering International, Inc. (OII) 
Last oceaneering international, inc. earnings: 2/24 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Oceaneering International (NYSE:OII) is seeing rising interest in its subsea robotics capabilities as it expands into defense and non energy markets. The company is building on its established offshore expertise to pursue contracts and partnerships beyond traditional oil and gas activity. This shift reflects a broader push to diversify its revenue sources into areas that are less tied to energy price cycles. For investors watching NYSE:OII, the focus is increasingly on how the robotics and defense related work fits alongside the core offshore services business. The shares most recently closed at $30.1, with the stock up 3.2% over the past week and 21.1% over the past month. Over longer periods, returns of 21.1% over the past year and 45.4% over three years show how the market has already been assigning value to Oceaneering International's repositioning. The growing attention on subsea robotics uses outside energy, including defense and other industrial applications, is a key Show less Read more
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