Oceaneering Intl upgraded by Piper Sandler with a new price target
$OII
Oilfield Services/Equipment
Energy
Piper Sandler upgraded Oceaneering Intl from Neutral to Overweight and set a new price target of $21.00 from $17.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/2/2025 | Underperform → Neutral | Pickering Energy Partners | |
| 1/10/2025 | $30.00 | Buy → Neutral | Citigroup |
| 12/18/2024 | $22.00 → $26.00 | Underweight → Equal Weight | Barclays |
| 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 |
Pickering Energy Partners upgraded Oceaneering Intl from Underperform to Neutral
Citigroup downgraded Oceaneering Intl from Buy to Neutral and set a new price target of $30.00
Barclays upgraded Oceaneering Intl from Underweight to Equal Weight and set a new price target of $26.00 from $22.00 previously
8-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
10-Q - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
8-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported second quarter 2025 results. As compared to the second quarter of 2024: Revenue increased 4% to $698 million; Operating income increased 31% to $79.2 million; Net income increased 56% to $54.4 million; and Adjusted EBITDA increased 20% to $103 million. Cash flow provided by operating activities was $77.2 million and free cash flow was $46.9 million, with an ending cash position of $434 million. Shares repurchased were 471,759 for approximately $10.0 million. Rod Larson, Oceaneering's President and Chief Executive Officer, stated, "I am pleased to report another strong quarter, in which we del
Oceaneering International, Inc. (NYSE:OII) announced that its subsidiaries, Oceaneering Angola, S.A. and Oceaneering Marine Technologies Ltd. (collectively, "Oceaneering"), have been awarded a contract by Esso Exploration Angola (Block 15) Limited ("Esso"), an affiliate of ExxonMobil, for services in support of Esso's offshore operations in Angola Block 15. The contract, which commenced on July 1, 2025, is expected to generate $80 million to $90 million in revenue over its three-year term. This contract was re-awarded following a competitive bidding process. The scope of work includes the provision of multiple work-class ROVs, ROV tooling, intervention workover control systems (IWOCS), sa
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the second quarter of 2025 on Wednesday, July 23, 2025, 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 scheduled a conference call and webcast related to its second quarter results for Thursday, July 24, 2025, 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 following
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported second quarter 2025 results. As compared to the second quarter of 2024: Revenue increased 4% to $698 million; Operating income increased 31% to $79.2 million; Net income increased 56% to $54.4 million; and Adjusted EBITDA increased 20% to $103 million. Cash flow provided by operating activities was $77.2 million and free cash flow was $46.9 million, with an ending cash position of $434 million. Shares repurchased were 471,759 for approximately $10.0 million. Rod Larson, Oceaneering's President and Chief Executive Officer, stated, "I am pleased to report another strong quarter, in which we del
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the second quarter of 2025 on Wednesday, July 23, 2025, 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 scheduled a conference call and webcast related to its second quarter results for Thursday, July 24, 2025, 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 following
Acquisition Accelerates Growth of Falcon's Attractions Division with Industry-Leading IP, Technology, Talent, Capabilities, and Facilities Falcon's Beyond Global, Inc. (NASDAQ:FBYD) ("Falcon's Beyond", "Falcon's" or the "Company"), a visionary leader in innovative and immersive storytelling announced today that Falcon's has acquired Oceaneering Entertainment Systems (OES), a division of Oceaneering International Inc. (NYSE:OII) ("OII"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515196508/en/Falcon's Beyond team In the transaction, Falcon's purchased OES's global portfolio of patented technologies, proprietary engineering
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced the appointment of William Merz to succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies ("ADTech"), effective January 1, 2025. In his new role, Mr. Merz will have global responsibility for Oceaneering's ADTech business segment. Mr. Merz joined Oceaneering in January 2024 as Vice President of Operations, Aerospace and Defense Technologies. Prior to joining Oceaneering, Mr. Merz had a distinguished career in the U.S. Navy that included command of the U.S. Seventh Fleet and senior financial, requirements, and operations positions at the Pentagon. Mr. Merz currently serves on the Center for Nava
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