Oceaneering Secures Large Contract From A Domestic Independent Energy Company; Expected Revenue From This Contract Is Approximately $50M

6/20/24 5:06:10 PM ET

Oilfield Services/Equipment

Energy

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Oceaneering is contracted to supply an electro-hydraulic, steel tube dynamic umbilical totaling approximately 27 kilometers (17 miles) in length for a project in the Gulf of Mexico.

Manufacturing is scheduled for the Panama City, Florida facility, to commence in 2025 with final delivery expected in the second quarter of 2026.

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Recent Analyst Ratings for
$OII

Date	Price Target	Rating	Analyst
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

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Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that members of management will participate at the J.P. Morgan Global Leveraged Finance Conference on Tuesday, February 25. Chief Financial Officer Alan R. Curtis will make a presentation, and Mr. Curtis and Hilary Frisbie, Senior Director Investor Relations, will also meet with institutional investors. The conference handout will be available on the Investor Relations page of Oceaneering's website at www.oceaneering.com after market close on Monday, February 24, 2025. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aero
2/13/25 7:59:00 AM ET
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Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the fourth quarter and full year of 2024 on Wednesday, February 19, 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 fourth quarter and full year 2024 results and outlook for fiscal year 2025 for Thursday, February 20, 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 cal
1/23/25 5:01:00 PM ET
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Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Rod Larson will participate on the Goldman Sachs Global Energy Conference panel "Differentiating in the Oilfield with Specialized Services." Mr. Larson, Senior Vice President and Chief Financial Officer Alan R. Curtis, and Investor Relations Senior Director Hilary Frisbie will also meet with institutional investors at the conference to be held in Miami, FL on Tuesday, January 7, 2025. The latest Investor Relations presentation is available on the Investor Relations page of Oceaneering's website at www.oceaneering.com. Oceaneering is a global technology company delivering
12/30/24 7:59:00 AM ET
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Leadership Updates

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Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies
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
12/19/24 5:01:00 PM ET
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Oceaneering Acquires Global Design Innovation Ltd.
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
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Oceaneering Appoints New Member to Its Board of Directors
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
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Financials

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Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that members of management will participate at the J.P. Morgan Global Leveraged Finance Conference on Tuesday, February 25. Chief Financial Officer Alan R. Curtis will make a presentation, and Mr. Curtis and Hilary Frisbie, Senior Director Investor Relations, will also meet with institutional investors. The conference handout will be available on the Investor Relations page of Oceaneering's website at www.oceaneering.com after market close on Monday, February 24, 2025. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aero
2/13/25 7:59:00 AM ET
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Oilfield Services/Equipment
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Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announces that it will report financial results for the fourth quarter and full year of 2024 on Wednesday, February 19, 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 fourth quarter and full year 2024 results and outlook for fiscal year 2025 for Thursday, February 20, 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 cal
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$OII
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Oceaneering Reports Third Quarter 2024 Results
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
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Oceaneering Secures Large Contract From A Domestic Independent Energy Company; Expected Revenue From This Contract Is Approximately $50M

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Recent Analyst Ratings for
$OII

$OII
Press Releases

Fastest customizable press release news feed in the world

Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference

Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference

$OII
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Oceaneering International Inc. (Amendment)

SEC Form SC 13G/A filed by Oceaneering International Inc. (Amendment)

SEC Form SC 13G/A filed by Oceaneering International Inc. (Amendment)

$OII
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

New insider Merz William R. claimed ownership of 6,154 shares (SEC Form 3)

SVP, IMDS Granato Leonardo P sold $56,240 worth of shares (2,000 units at $28.12), decreasing direct ownership by 9% to 19,860 units (SEC Form 4)

Director Beachy Karen H sold $75,702 worth of shares (3,300 units at $22.94), decreasing direct ownership by 10% to 28,229 units (SEC Form 4)

$OII
Leadership Updates

Live Leadership Updates

Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies

Oceaneering Acquires Global Design Innovation Ltd.

Oceaneering Appoints New Member to Its Board of Directors

$OII
SEC Filings

SEC Form S-3ASR filed by Oceaneering International Inc.

Oceaneering International Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

Oceaneering International Inc. filed SEC Form 8-K: Regulation FD Disclosure

$OII
Financials

Live finance-specific insights

Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference

Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

Oceaneering Reports Third Quarter 2024 Results

$OII
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Oceaneering Intl downgraded by Citigroup with a new price target

Oceaneering Intl upgraded by Barclays with a new price target

The Benchmark Company initiated coverage on Oceaneering Intl with a new price target

Oceaneering Secures Large Contract From A Domestic Independent Energy Company; Expected Revenue From This Contract Is Approximately $50M

Chat with this insight

Recent Analyst Ratings for $OII

$OII Press Releases

Fastest customizable press release news feed in the world

Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference

Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

Oceaneering to Participate at the 2025 Goldman Sachs Global Energy, CleanTech & Utilities Conference

$OII Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Oceaneering International Inc. (Amendment)

SEC Form SC 13G/A filed by Oceaneering International Inc. (Amendment)

SEC Form SC 13G/A filed by Oceaneering International Inc. (Amendment)

$OII Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

New insider Merz William R. claimed ownership of 6,154 shares (SEC Form 3)

SVP, IMDS Granato Leonardo P sold $56,240 worth of shares (2,000 units at $28.12), decreasing direct ownership by 9% to 19,860 units (SEC Form 4)

Director Beachy Karen H sold $75,702 worth of shares (3,300 units at $22.94), decreasing direct ownership by 10% to 28,229 units (SEC Form 4)

$OII Leadership Updates

Live Leadership Updates

Oceaneering Appoints William Merz to Succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies

Oceaneering Acquires Global Design Innovation Ltd.

Oceaneering Appoints New Member to Its Board of Directors

$OII SEC Filings

SEC Form S-3ASR filed by Oceaneering International Inc.

Oceaneering International Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

Oceaneering International Inc. filed SEC Form 8-K: Regulation FD Disclosure

$OII Financials

Live finance-specific insights

Oceaneering to Participate at the J.P. Morgan 2025 Global Leveraged Finance Conference

Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

Oceaneering Reports Third Quarter 2024 Results

$OII Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Oceaneering Intl downgraded by Citigroup with a new price target

Oceaneering Intl upgraded by Barclays with a new price target

The Benchmark Company initiated coverage on Oceaneering Intl with a new price target

Recent Analyst Ratings for
$OII

$OII
Press Releases

$OII
Large Ownership Changes

$OII
Insider Trading

$OII
Leadership Updates

$OII
SEC Filings

$OII
Financials

$OII
Analyst Ratings