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 Q2 2021

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Oceaneering surpasses Q1 earnings expectations, optimistic outlook for 2023

Oceaneering's first quarter 2023 earnings call showcased strong financial performance, robust balance sheet, and positive macro data points driving offshore markets. The company's outlook for the second quarter and full year of 2023 is optimistic, with opportunities to capitalize on positive market trends.

Oceaneering reports strong Q2 performance, eyes sequential growth opportunities

Oceaneering's Q2 2023 earnings call highlighted strong performance, improved operating income and margins, challenges in the entertainment business, and opportunities for sequential growth and margin improvement. The company remains focused on safety, innovation, and ESG principles while targeting international opportunities and securing vessel capacity.

Oceaneering projects 25% EBITDA increase for 2024 amid improved Q3 results

Oceaneering reported improved third quarter results driven by strong global offshore activity and provided an initial outlook for 2024 guidance, projecting a 25% increase in EBITDA. The company expressed confidence in the solid fundamentals supporting their businesses for the medium term and initiated transactions to address upcoming debt maturities. However, they projected slightly lower EBITDA for the fourth quarter of 2023 and face potential impacts on AdTech from government funding shifts.

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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, Aug. 25, 2020 /PRNewswire/ -- Oceaneering International, Inc.

Oceaneering Teams with Dynetics on Engineering Services Contract Award to Support Development of Human Lunar Landing System for NASA

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HOUSTON, July 29, 2020 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported a net loss of $24.8 million, or $(0.25) per share, on revenue of $427 million for the three months ended June 30, 2020.

Oceaneering Reports Second Quarter 2020 Results

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Oceaneering International (OII) Tops Q1 Earnings Estimates

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