Oceaneering International Inc

Article Abstract:

Oceaneering International Inc engages in manned and robotic underwater services, particularly to oil and gas companies. Insiders reportedly disposed some of their shares after the stock dipped below the highs of $17 to $18 level. Three insiders disposed of 29,902 shares between Dec 1992 and early Jan 1993 at the $13.13 to $14.25 price range. Two of the sellers disclosed that they have sold their entire holdings. The stock is currently trading at the $13 level.

Oil and gas exploration services, Oil and gas field services, not elsewhere classified, Industrial machinery, not elsewhere classified, Machinery industry, Oceaneering International Inc.

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Tidewater Inc

Article Abstract:

Tidewater Inc is a provider of marine support services for the oil and gas sector. The issue was pegged at $16.38 in Jan 1993 before appreciating to the $25 level. Four insiders took advantage of the climb by clearing out 10,489 shares in Mar 1993, at the $20.88 to $23 range. Three of the sellers made their first ever sale on record. Caution is recommended.

Air and gas compressors, Oil and Gas Field Services, Towing and tugboat service, Petroleum services industry, Tidewater Inc.

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