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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/19/2023 | $25.00 | Buy | The Benchmark Company |
| 10/6/2022 | $15.00 → $10.00 | Overweight → Equal Weight | Barclays |
| 3/7/2022 | $21.00 → $22.50 | Overweight | Piper Sandler |
| 2/1/2022 | $17.00 → $21.00 | Neutral → Overweight | Piper Sandler |
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $41.2 million, or $0.40 per share, on revenue of $680 million for the three months ended September 30, 2024. Adjusted net income was $37.2 million, or $0.36 per share, reflecting the impact of $(0.4) million of pre-tax adjustments associated with foreign exchange gains recognized during the quarter, $0.6 million tax effect on adjustments associated with foreign exchange gains, and $(4.2) million of discrete tax adjustments. Summary of Results (in thousands, except per share amounts) For the Three Months Ended For t
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the third quarter of 2024 on Wednesday, October 23, 2024, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering's website at oceaneering.com. Oceaneering has also scheduled a conference call and webcast related to its third quarter results for Thursday, October 24, 2024, at 10:00 a.m. Central Time. Interested parties may listen to the call through a webcast link posted in the Investor Relations section of Oceaneering's website. A replay of the conference call will be made available on the website approximately two hours af
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $35.0 million, or $0.34 per share, on revenue of $669 million for the three months ended June 30, 2024. Adjusted net income was $28.6 million, or $0.28 per share, reflecting the impact of $(1.0) million of pre-tax adjustments associated with foreign exchange gains recognized during the quarter, along with $(5.5) million of expenses related to discrete tax adjustments. Summary of Results (in thousands, except per share amounts) For the Three Months Ended For the Six M
8-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
8-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
10-Q - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
Oceaneering International (NYSE:OII) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.30 by 6.67 percent. The company reported quarterly sales of $668.808 million which beat the analyst consensus estimate of $653.475 million by 2.35 percent. This is a 11.86 percent increase over sales of $597.910 million the same period last year.
4 analysts have expressed a variety of opinions on Oceaneering International (NYSE:OII) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 0 1 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 1 0 3M Ago 2 0 0 0 0 Analysts have recently evaluated Oceaneering International and provided 12-month price targets. The average target is $29.25, accompanied by a high estimate of $34.00 and a low es
Citigroup analyst Scott Gruber maintains Oceaneering International (NYSE:OII) with a Buy and raises the price target from $25 to $28.
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced the promotion of Benjamin M. Laura to Senior Vice President and Chief Operating Officer ("COO"), effective January 1, 2025. Mr. Laura currently serves as Oceaneering's Senior Vice President and Chief Innovation Officer, a position he has held since 2022. He joined Oceaneering in 2014 as Director, Subsea Services, and has held roles with progressively more responsibility during his tenure. Before joining Oceaneering, he worked for Baker Hughes Incorporated as Vice President and Managing Director for Baker Hughes do Brasil. Mr. Laura holds a Bachelor of Science degree in Mechanical Engineering from Mississippi State Univer
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Rod Larson is scheduled to meet with institutional investors at the Bank of America Global Energy Conference in Houston, TX on November 12, 2024. Chief Financial Officer Alan Curtis is scheduled to deliver a presentation at the Baird Global Industrial Conference in Chicago, IL on Wednesday, November 13, 2024. Mr. Curtis and Senior Director, Investor Relations, Hilary Frisbie, will also meet with institutional investors. The third quarter presentation will be available on the Investor Relations page of Oceaneering's website at www.oceaneering.com after market Wednesday, Nove
Oceaneering International, Inc. (NYSE:OII) announced today that it has acquired Global Design Innovation Ltd. (GDi), a UK-based provider of digital and software services. This acquisition is a key step in Oceaneering's strategy to advance its digital capabilities and broaden the solutions available to its global clients. As the only provider certified by the United Kingdom Accreditation Service (UKAS) to perform remote visual inspection using point cloud data and photographic images, GDi brings advanced algorithms and data solutions that, when combined with Oceaneering's engineering expertise, will strengthen Oceaneering's ability to optimize asset management for clients in industries incl
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
Oceaneering International, Inc. (NYSE:OII) announced today that it has acquired Global Design Innovation Ltd. (GDi), a UK-based provider of digital and software services. This acquisition is a key step in Oceaneering's strategy to advance its digital capabilities and broaden the solutions available to its global clients. As the only provider certified by the United Kingdom Accreditation Service (UKAS) to perform remote visual inspection using point cloud data and photographic images, GDi brings advanced algorithms and data solutions that, when combined with Oceaneering's engineering expertise, will strengthen Oceaneering's ability to optimize asset management for clients in industries incl
Oceaneering International, Inc. (NYSE:OII) today announced that Ms. Reema Poddar has been elected to its Board of Directors as an independent, non-executive director in Class I, effective as of February 22, 2024. Ms. Poddar has also been appointed to the Nominating, Corporate Governance and Sustainability Committee of the Board. Her initial term of office will extend until Oceaneering's Annual Meeting of Shareholders in 2026. Ms. Poddar has 30 years of software industry experience, including product strategy, product development and digital business transformation. She has been recognized as a leader in data analytics, machine learning, artificial intelligence, cloud services, cyber secur
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced that Hilary Frisbie has been appointed to succeed Mark Peterson as Senior Director, Investor Relations, effective January 10, 2024. Ms. Frisbie joined Oceaneering's legal department in 2011 and has served most recently as Associate General Counsel. She has led Oceaneering's global contracting programs, including initiatives on contract risk management, market entry, and compliance. Prior to joining Oceaneering, she practiced law with a private law firm. Ms. Frisbie received her law degree from The University of Texas School of Law and holds a Bachelor's degree from The University of Texas at Austin. Mr. Peterson has no
The Benchmark Company initiated coverage of Oceaneering Intl with a rating of Buy and set a new price target of $25.00
Barclays downgraded Oceaneering Intl from Overweight to Equal Weight and set a new price target of $10.00 from $15.00 previously
Piper Sandler reiterated coverage of Oceaneering International with a rating of Overweight and set a new price target of $22.50 from $21.00 previously