Deepwater regions around the world have been a driving force in the oil and natural gas world lately. Every player involved has been touting tremendous growth and even greater opportunity. Core Laboratories (NYSE:CLB) and Noble both surprised the market with their results last week, and a few other companies have that same opportunity this week.
Oceaneering International (NYSE:OII) is a pure play on the deepwater space with its remotely operated vehicles and other subsea equipment. Both it and its similarly priced peer, FMC Technologies (NYSE:FTI), compete for headlines tomorrow during earnings season. While guidance hasn't changed since last week, the market will almost certainly be looking for results on the high side or even expectation-beating numbers. What do Motley Fool analysts Joel South and Taylor Muckerman expect from these companies tomorrow?
Joel South owns shares of Schlumberger. Taylor Muckerman owns shares of Halliburton. The Motley Fool recommends FMC Technologies, Halliburton, and Oceaneering International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
