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 (OII) delivered earnings and revenue surprises of -120.00% and -2.70%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Oceaneering International (OII) Reports Q3 Loss, Lags Revenue Estimates

Oceaneering International (NYSE:OII) reported its Q3 earnings results on Wednesday, October 27, 2021 at 05:01 PM. Here's what investors need to know about the announcement.

Oceaneering International: Q3 Earnings Insights

HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported a net loss of $7.4 million, or $(0.07) per share, on revenue of $467 million for the three months ended September 30, 2021.  Adjusted net loss was $1.4 million, or $(0.01) per share, reflecting the impact of $0.3 million of pre-tax adjustments associated with foreign exchange losses recognized during the quarter and $5.8 million of discrete tax adjustments, primarily due to changes in valuation allowances.

Oceaneering Reports Third Quarter 2021 Results

Oceaneering (OII) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Oceaneering (OII) This Earnings Season?

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Here's Why Oceaneering International (OII) is a Strong Growth Stock

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HOUSTON, Sept. 29, 2021 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the third quarter of 2021 on Wednesday, October 27, 2021, after the close of trading on the New York Stock Exchange.

Oceaneering Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

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Oceaneering International (OII) reported earnings 30 days ago. What's next for the stock?

Oceaneering International (OII) Down 13.4% Since Last Earnings Report: Can It Rebound?

Oceaneering's (OII) capital expenditure in the second quarter including acquisitions sums $12.6 million.

Oceaneering (OII) Stock Hardly Moves Since Q2 Earnings Beat

Oceaneering International, Inc. (OII) CEO Rod Larson on Q2 2021 Results - Earnings Call Transcript

Oceaneering International (OII) delivered earnings and revenue surprises of 100.00% and 7.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Oceaneering International (OII) Q2 Earnings and Revenues Top Estimates

HOUSTON, July 28, 2021 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $6.2 million, or $0.06 per share, on revenue of $498 million for the three months ended June 30, 2021.  Adjusted net income was $10.4 million, or $0.10 per share, reflecting the impact of $3.2 million of pre-tax adjustments associated with a loss on the sale of an asset and foreign exchange losses recognized during the quarter, and $1.6 million of discrete tax adjustments, primarily due to changes in valuation allowances.

Oceaneering Reports Second Quarter 2021 Results

The integrated solution will provide various advantages to Oceaneering (OII) to serve the positioning needs of customers.

Oceaneering (OII) Signs Deal to Offer GNSS Positioning Services

Oceaneering International (OII) doesn't possess 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: Should You Buy?

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HOUSTON, June 30, 2021 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the second quarter of 2021 on Wednesday, July 28, 2021, 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 Announces Dates for Second Quarter 2021 Earnings Release and Conference Call

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Are You Looking for a Top Momentum Pick? Why Oceaneering International (OII) is a Great Choice

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HOUSTON, June 16, 2021 /PRNewswire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Roderick A. Larson is scheduled to participate in a virtual fireside session to discuss the company's business outlook and meet with institutional investors at the J.P.

Oceaneering to Participate at the J.P. Morgan Energy, Power & Renewables Conference

Here's Why Momentum Investors Will Love Oceaneering International (OII)

Oceaneering International (OII) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Oceaneering International (OII) Gain on Rising Earnings Estimates?

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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 could translate into further price increase in the near term.

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