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.

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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.

Oceaneering International is a $1.3 billion market cap energy service company known for its subsea expertise and fleet of remotely operated vehicles. Like most in the oilfield service sector, the company weathered a very rocky 2019-2021 and incurred high costs in 1Q22 to train and gear up for the rest of the year.

Oceaneering Expects To Offset Q1 Results For Better Full-Year 2022

Sentiment changed again regarding the oilfield services company.

Why Shares in Oceaneering International Bounced Back This Week

Oceaneering International, Inc. (NYSE:OII ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Mark Peterson - Vice President of Corporate Development & Investor Relations Roderick Larson - President, Chief Executive Officer & Director Conference Call Participants Operator My name is Buena and I'll be your conference operator. I would like to welcome everyone to Oceaneering International Incorporated 2022 First Quarter Earnings Conference Call.

Oceaneering International, Inc. (OII) CEO Roderick Larson on Q1 2022 Results - Earnings Call Transcript

The company's earnings report wasn't quite what investors were hoping for.

Why Shares in Subsea Robotics Company Oceaneering Slumped This Week

Oceaneering International (OII) posts a Q1 loss narrower than the consensus mark, while revenues beat estimates due to solid performances.

Oceaneering (OII) Q1 Loss Narrower Than Estimates, Sales Beat

Shares of the energy services company got hit after it reported earnings, even though it bested Wall Street's expectations.

Why Oceaneering International Stock Tanked as Much as 12% in Early Trading Today

Oceaneering International (OII) delivered earnings and revenue surprises of 40% and 7.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Oceaneering International (OII) Reports Q1 Loss, Tops Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Oceaneering reports first quarter 2022 results.

Oceaneering Reports First Quarter 2022 Results

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) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Oceaneering International's (OII) new credit facility replaces the existing one, which was supposed to mature on Jan 25, 2023.

Oceaneering (OII) Reveals Revolving Credit Facility of $215M

HOUSTON--(BUSINESS WIRE)--Oceaneering announces release of its inaugural climate change report in alignment with TCFD framework.

Oceaneering Announces Release of Inaugural Climate Change Report

HOUSTON--(BUSINESS WIRE)--Oceaneering announces $215 million sustainability-linked, four-year, senior secured revolving credit facility.

Oceaneering Announces $215 Million Sustainability-Linked Revolving Credit Facility

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the first quarter of 2022 on Wednesday, April 27, 2022, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering's website at www.oceaneering.com. Oceaneering also has scheduled a conference call and webcast related to its first quarter results for Thursday, April 28, 2022, at 10:00 a.m. Central Time. Int

Oceaneering Announces Dates for First Quarter 2022 Earnings Release and Conference Call

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Acteon's subsidiary, Claxton, acquires Oceaneering International's (OII) decommissioning assets and personnel for an undisclosed amount.

Oceaneering (OII) Sells Decommissioning Segment to Claxton

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Piper Sandler Energy Conference, March 22

Oceaneering to Participate at the 2022 Piper Sandler Energy Conference

HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at the Scotia Howard Weil Energy Conference, March 22

Oceaneering to Participate at the 2022 Scotia Howard Weil Energy Conference

Oceaneering International's (OII) stock price rises 2.8% after Q4 earnings and revenues beat the consensus mark due to solid performances.

Oceaneering (OII) Stock Up 2.8% Since Beating Q4 Estimates

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Why Chevron, Exxon, and Oceaneering International Stocks Just Crashed

Higher offshore tree awards and improving day rate in the offshore market will improve Oceaneering International's operating performance in 2022.

Oceaneering International: Industry Growth Drivers Will Outplay Cost Inflation

Oceaneering International (OII) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Oceaneering International (OII): Can Its 10.1% Jump Turn into More Strength?

Oceaneering International, Inc. (OII) CEO Rod Larson on Q4 2021 Results - Earnings Call Transcript

Oceaneering International (OII) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Oceaneering International (OII) Is Still Trading at a Bargain

Oceaneering International (OII) delivered earnings and revenue surprises of 66.67% and 0.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Oceaneering International (OII) Beats Q4 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Oceaneering Fourth Quarter and Full Year 2021 financial results and initial 2022 guidance.

News for Oceaneering Stock (OII)