Screened 2026-09-15 · the tape above runs as of 13:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Oceaneering International, Inc. holds its Distribution at $47.68. Consolidating, no directional conviction, held for 48 days.
As held on the ledger · 2026-09-15
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 48 days
Price at the screen
$47.68
Valuation
13.78 trailing · 20.55 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.17
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
32.74%
Below 33%
Interest-bearing debt is just 32.7% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.26%
Below 33%
Cash held in interest-bearing accounts and securities is 0.3% of assets, under the one-third limit.
Pass
Receivables
37.39%
Below 49%
Money owed to the company is 37.4% of assets, under the 49% limit.
Pass
Revenue purity
0.52%
Below 5%
Only 0.5% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-15 screen. The gold marker is the market price at the same screen. The price runs 30.2% above the base estimate.
Third-party analyst targets: 4 covering, consensus None. The average target sits −1% from the screen price.
Reading the gap · Both our model and the Street see limited upside at this price.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-15 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Subsea robots priced beyond their cycle peak
Picture a robot arm fixing pipes two kilometres underwater while oil prices swing like a pendulum. Oceaneering supplies that kit and the crews who run it, yet the shares sit at $42 against a fair value of $25. Revenue barely edges forward at 3 percent and the forward multiple of 19.9 times already bakes in better days that may never arrive.
The high 36 percent return on equity looks impressive until you remember this is a cyclical oil-services business. Earnings peak near the top of the rig cycle, so a mid-teens multiple is rarely a bargain, it is usually a warning. With the price already 40 percent above fair value and only modest growth on offer, the numbers give no reason to step in.
Currency moves, project delays and sudden cuts in offshore spending remain real threats even though the name clears the ethical screen. The combination of stretched valuation and industry swings keeps any opportunity rating at none. Analysis, not advice.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
OII trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 17.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 31% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 90%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (4 analysts) rates it none, with a mean price target of $35.
2026-08-07Markup · changed$42.28+7.3%Entry 4
The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 7.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 31% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 90%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (4 analysts) rates it none, with a mean price target of $35.
2026-07-18Accumulation$39.39+0.0%Entry 3
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 31% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 90%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (4 analysts) rates it none, with a mean price target of $35.
2026-07-03Accumulation$39.39+0.0%Entry 2
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Accumulation$39.39Entry 1
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
