Oceaneering

Oceaneering International, Inc. engages in the provision of engineered services and products. It operates through the following business segments: Subsea Robotics, Manufactured Products, Offshore Projects Group (OPG), Integrity Management & Digital Solutions (IMDS), and Aerospace and Defense Technologies (ADTech). The Subsea Robotics segment consists of remotely operated vehicles for drilling support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. The Manufactured Products segment consists of the manufactured products business unit as well as commercial theme park entertainment systems and automated guided vehicle technology. The OPG segment focuses on subsea installation and intervention, including riserless light well intervention services, inspection, maintenance, and repair services. The IMDS segment covers asset integrity management services, software and analytical solutions for the bulk cargo maritime industry, and digital and connectivity solutions for the energy industry. The company was founded in 1969 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Oceaneering reports robust Q4 earnings, eyes growth in 2023

Oceaneering's strong Q4 2022 performance, led by improvements in key segments, positions the company well for 2023. Focus on positive free cash flow and EBITDA expectations signal a promising year ahead.

Oceaneering surpasses Q1 earnings expectations, eyes non-energy market expansion

Oceaneering's Q1 2023 performance reflected a strong offshore energy recovery, with revenue exceeding expectations. While facing challenges in certain segments and negative cash flow, the company remains focused on generating healthy free cash flow and expanding into non-energy growth markets amidst positive market indicators.

Oceaneering reports robust Q2 earnings, eyes growth amidst challenges

Oceaneering's Q2 2023 performance showcased strong financial results, especially in the Energy, SSR, and OPG segments.
Despite challenges in project losses and higher expenses, the company's outlook for 2023 remains positive with opportunities for growth and improved profitability.
With a focus on operational efficiency and revenue growth, Oceaneering is poised to capitalize on its strengths and navigate challenges to drive future success.

Oceaneering reports strong Q3 results, eyes growth in robotics

Oceaneering's Q3 2023 performance reflects growth driven by offshore activity and segment improvements, with a positive outlook for 2024.
The company's focus on debt management and extended debt maturity enhances financial stability and resilience in uncertain market conditions.
Challenges include margin pressures and operational uncertainties, while opportunities lie in leveraging robotics capabilities and market expansion.
Overall, Oceaneering's strategic positioning and adaptability position it well for future growth and success in the industry.

Oceaneering posts robust Q4 results, eyes growth amidst challenges

Oceaneering delivered strong financial performance in Q4 2023 and full-year 2023, with positive net income and debt reduction.
The company's 2024 outlook includes revenue growth, EBITDA expansion, and opportunities for pricing improvements.
While facing challenges in certain segments and market conditions, Oceaneering remains focused on financial discipline and growth strategies.
Strategic investments, stable pricing, and operational improvements position Oceaneering for continued success in 2024.

Oceaneering reports robust Q1 earnings, eyes growth amid challenges

Oceaneering delivered strong financial performance in Q1 2024 with notable improvements in operating income
While facing challenges in cash flow and certain segments, the company remains optimistic about future prospects
Strategic focus on growth in energy and non-energy markets, with plans for share repurchases in 2024
Overall, Oceaneering aims for continued growth and profitability in the upcoming quarters

Oceaneering reports robust Q2 results, eyes growth amid market challenges

Oceaneering's Q2 performance reflects resilience and growth in its energy-related segments, supported by strong bookings and revenue increases.
While facing challenges in certain segments, the company's strategic guidance and investment plans signal a proactive approach to navigating market dynamics.
With a positive outlook for future opportunities and a focus on operational efficiency, Oceaneering is poised for continued success and market leadership in the energy sector.

Oceaneering posts strong Q3 results, eyes growth in robotics and defense

Oceaneering's Q3 performance reflects a robust financial standing with notable growth in key segments and adjusted net income resilience.
The company's strategic outlook for 2025 signals a focus on growth, innovation, and seizing opportunities in emerging markets.
Challenges ahead include maintaining a balance between innovation and cost control, alongside strategic share repurchase decisions amidst growth prospects.

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Oceaneering International, Inc. engages in the provision of engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. It operates through the following business segments: Subsea Robotics, Manufactured Products, Offshore Projects Group (OPG), Integrity Management & Digital Solutions (IMDS), and Aerospace and Defense Technologies (ADTech). The Subsea Robotics segment includes remotely operated vehicles, survey services, and ROV tooling businesses. The Manufactured Products segment provides distribution systems, such as production control umbilicals and connection systems made up of specialty subsea hardware, and provides turnkey solutions that include project management, engineering design, fabrication/assembly, and installation of autonomous mobile robotic technology to industrial, manufacturing, healthcare, warehousing, and commercial theme park markets. The OPG segment focuses on subsea project capabilities and solutions. The IMDS segment covers asset integrity management, corrosion management, inspection, and nondestructive testing services. The ADTech segment provides government services and products, including engineering related manufacturing in defense and space exploration activities. The company was founded in 1969 and is headquartered in Houston, TX.

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Investor Conferences: Bank of America Global Energy Conf, Nov 12 and Baird Global Industrial Conf, Nov 13.

Oceaneering to Participate at Investor Conferences: Bank of America Global Energy Conference and Baird Global Industrial Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering Acquires Global Design Innovation Ltd. (GDi), a UK-based and UKAS-certified provider of digital and software services.

Oceaneering Acquires Global Design Innovation Ltd.

OII expects a slight increase in total revenues for fourth-quarter 2024 compared with the third quarter. Adjusted EBITDA is expected to remain unchanged.

Oceaneering International's Q3 Earnings Lag Estimates, Revenues Beat

Oceaneering International, Inc. (NYSE:OII ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Hilary Frisbie – Senior Director, Investor Relations Rod Larson – President and Chief Executive Officer Alan Curtis – Senior President and Chief Financial Officer Conference Call Participants Kurt Hallead – Benchmark Sean Mitchell – Daniel Energy Partners David Smith – Pickering Energy Partners Operator Welcome to Oceaneering's Third Quarter 2024 Earnings Conference Call. My name is David, and I'll be your conference operator.

Oceaneering International, Inc. (OII) Q3 2024 Earnings Call Transcript

Oceaneering International (OII) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.38 per share a year ago.

Oceaneering International (OII) Q3 Earnings Lag Estimates

HOUSTON--(BUSINESS WIRE)--Oceaneering Reports Third Quarter 2024 Results.

Oceaneering Reports Third Quarter 2024 Results

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OII is expected to report higher revenues from the last quarter's reported level, along with reduced costs for services and products.

What's in Store for Oceaneering International Stock in Q3 Earnings?

Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Oceaneering International (OII) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Third Quarter 2024 Earnings Release and Conference Call, October 23 and October 24, respectively.

Oceaneering Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)-- #harbordocking--ShipTracks, a leader in maritime AIS, AI, and ESG customer-driven solutions, announces its acquisition of the Maritime Intelligence Division of Oceaneering (OceanSMART, TerminalSmart, PortVision360), marking a significant milestone in the advancement of maritime technology. This strategic move brings together complementary strengths to deliver innovation, insights, and efficiencies for the management of the entire cargo movement lifecycle. ShipTracks is committed to su.

ShipTracks Acquires the Maritime Intelligence Division of Oceaneering: Redefining Maritime Operations For the Entire Cargo Movement Lifecycle

OII's recent contracts highlight its expansion into a key market and underscore its strong relationship with major clients in the UK North Sea region.

Oceaneering Secures Multiple Contracts in the UK North Sea

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at the Barclays CEO Energy-Power Conference, Wednesday, September 4.

Oceaneering to Participate at the Barclays CEO Energy-Power Conference

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Oceaneering International, Inc. (NYSE:OII ) Q2 2024 Results Conference Call July 25, 2024 11:00 AM ET Company Participants Hilary Frisbie - Senior Director, Investor Relations Rod Larson - President & Chief Executive Officer Alan Curtis - Senior Vice President & Chief Financial Officer Conference Call Participants David Smith - Pickering Energy Partners Kurt Hallead - Benchmark Josh Jayne - Daniel Energy Partners Operator Welcome, everyone to Oceaneering's Second Quarter 2024 Earnings Conference Call. My name is Britney, and I will be your conference operator.

Oceaneering International, Inc. (OII) Q2 2024 Earnings Call Transcript

Oceaneering (OII) expects full-year 2024 consolidated adjusted EBITDA to be between $340 million and $370 million, with net income anticipated to range from $130 million to $150 million.

Oceaneering (OII) Q2 Earnings Lag Estimates, Revenues Beat

Oceaneering International (OII) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.18 per share a year ago.

Oceaneering International (OII) Misses Q2 Earnings Estimates

HOUSTON--(BUSINESS WIRE)--Oceaneering Reports Second Quarter 2024 Results.

Oceaneering Reports Second Quarter 2024 Results

Oceaneering (OII) is expected to report higher revenues from the year-ago period's level. However, despite this revenue growth, the company is expected to face increased costs of services and products.

Oceaneering (OII) to Report Q2 Earnings: What's in Store?

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Oceaneering's (OII) Offshore Projects Group segment secures multiple contracts for vessel services in the Gulf of Mexico, boosting fleet utilization with IMR, installation and advanced subsea tech.

Oceaneering (OII) Secures Multiple Offshore Vessel Contracts

HOUSTON--(BUSINESS WIRE)--Oceaneering Awarded Multiple Contracts for OPG Vessel Services in the Gulf of Mexico.

Oceaneering Awarded Multiple Contracts for Vessel Services in the Gulf of Mexico

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Second Quarter 2024 Earnings Release and Conference Call: July 24 and July 25.

Oceaneering Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

Oceaneering's (OII) Manufactured Products segment secures a $50 million contract to supply 27 kilometers of umbilical for the Gulf of Mexico Project.

Oceaneering (OII) Secures $50 Million Umbilical Contract

HOUSTON--(BUSINESS WIRE)--Oceaneering's Manufactured Products Segment Secures Large Umbilical Contract.

News for Oceaneering Stock (OII)