February 8, 2017 / 10:06 PM / 5 months ago

BRIEF-Oceaneering reports Q4 and full year 2016 results

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Feb 8 (Reuters) - Oceaneering International Inc

* Oceaneering reports fourth quarter and full year 2016 results

* Q4 adjusted earnings per share $0.03 excluding items

* Q4 loss per share $0.11

* Q4 revenue $488 million versus I/B/E/S view $504.4 million

* Q4 earnings per share view $0.01 -- Thomson Reuters I/B/E/S

* Oceaneering International Inc - For 2017, we expect our organic capital expenditures to total between $90 million and $120 million

* Oceaneering International - Beyond 2017, foresee an increase in deepwater expenditures, improving demand for services and products

* Oceaneering International - Believe Q1 2017 results will be considerably lower than adjusted Q4 results due to a continuation of weak demand Source text for Eikon: Further company coverage:

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