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Cal Dive International Inc

Cal Dive International, Inc. (DVR) was a US-based company that provided manned diving, pipelay, and subsea construction services to the offshore oil and natural gas industry. The company was acquired by Caliper Pipeline Decommissioning Company and is no longer a publicly traded company.

Before its acquisition, Cal Dive International's core capabilities included:

1. Manned diving services: The company offered a range of manned diving services, including saturation diving, air diving, and mixed gas diving, to support various offshore construction, maintenance, and repair projects.

2. Pipelay and subsea construction: Cal Dive International was engaged in the installation, repair, and maintenance of offshore pipelines and associated facilities, including platform installations, manifold assemblies, and tie-in connections.

3. Decommissioning: The company also provided decommissioning services for offshore platforms, pipelines, and other facilities.

In terms of financial performance, Cal Dive International's revenue and net income have fluctuated over the years. For the fiscal year 2016 (prior to acquisition), the company reported:

1. Revenue: $302.6 million (a decrease of 32.8% compared to 2015)

2. Net income: $11.5 million (a decrease of 74.6% compared to 2015)

The decline in revenue and net income in 2016 was mainly due to the low oil and gas prices and reduced capital spending by oil and gas companies. This led to decreased demand for the company's services and a challenging business environment.

It is essential to note that the information provided here is historical and may not accurately represent Cal Dive International's current financial status or future growth prospects. As the company is no longer publicly traded, investors interested in this sector should look for alternative investment opportunities.