AGR Field Operations

A report from Gabelli & Co reiterates its Hold rating and raises its 2012 EPS estimate from $2.45 to $2.55 on Oceaneering (NYSE: OII). The report states, “Yesterday the company announced that it will acquire AGR Field Operations from AGR Group ASA (AGROSL) for $240 million including acquired...

A report from Sterne Agee reiterates its Neutral rating on Oceaneering International (NYSE: OII). The report states, “OII has agreed to pay 1.365 billion Norwegian Kroner (app. US$240 million) to acquire AGR Field Operations (AGR FO), a wholly owned subsidiary of AGR Group ASA (Oslo: AGR – 11.10...