Oceaneering International (OII)
NYSE:OII
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OII Stock Chart & Stats
$37.45
-$0.83(-2.97%)
At close: 4:00 PM EST
$37.45
-$0.83(-2.97%)
Day’s Range― - ―
52-Week Range$17.29 - $40.12
Previous CloseN/A
Volume112.29K
Average Volume (3M)1.20M
Market Cap
$3.78B
Enterprise Value$3.84B
Total Cash (Recent Filing)$607.47M
Total Debt (Recent Filing)$720.02M
Price to Earnings (P/E)24.4
Beta1.14
Next Earnings
Jul 29, 2026EPS Estimate
0.46Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.30
Shares Outstanding99,393,745
10 Day Avg. Volume1,160,897
30 Day Avg. Volume1,202,673
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)2.26
Price to Sales (P/S)0.87
P/FCF Ratio11.71
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit6.85
Enterprise Value/Ebitda9.43
Forecast
1Y Price Target
$33.67Price Target Upside-10.10% Downside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)1.82
Revenue Forecast (FY)$2.83B
Bulls Say, Bears Say
Bulls Say
Multi-year Revenue & Margin RecoverySustained top‑line growth and a multi‑year swing to positive net margins indicate structural improvement in pricing, mix and cost control. This provides a stronger earnings base, enhances scalability across segments, and supports multi‑period investment and deleveraging plans.
Material Balance Sheet DeleveragingA much lower leverage ratio and stronger equity base reduce financial risk, expand capacity for opportunistic capex or M&A, and improve covenant flexibility. The healthier capital structure supports resilience through offshore cycles and funds strategic technology investments.
Strong Order Intake & Technology PipelineA large Q1 book of orders provides multi‑year revenue visibility and backlog conversion potential, while new ROV and autonomous platforms point to product differentiation. Together these support longer‑term revenue durability, higher day‑rates, and potential margin tailwinds as tech adoption scales.
Bears Say
Utilization-driven Margin SensitivityROV and SSR margins are highly sensitive to fleet utilization and geographic mix; persistent low utilization or continued mix toward lower‑margin regions can structurally compress margins and operating leverage, making earnings and cash flow more cyclical over quarters.
Cash Conversion & Quarterly FCF VolatilityAlthough multi‑year cash generation improved, operating cash lags net income and quarterly free cash flow can swing negative due to working capital and timing. This elevates execution risk for deleveraging, buybacks, or sustained capex if negative swings recur.
Segment Softness & Regional/geopolitical ExposureNear‑term weakness in OPG/IMDS, a declining and lumpy products backlog, and exposure to geopolitically sensitive regions create structural variability in revenue and margins. Reliance on volatile end markets can impede steady conversion of backlog into profitable revenue.
Oceaneering International News
OII FAQ
What was Oceaneering International’s price range in the past 12 months?
Oceaneering International lowest stock price was $17.29 and its highest was $40.12 in the past 12 months.
What is Oceaneering International’s market cap?
Oceaneering International’s market cap is $3.78B.
When is Oceaneering International’s upcoming earnings report date?
Oceaneering International’s upcoming earnings report date is Jul 29, 2026 which is in 94 days.
How were Oceaneering International’s earnings last quarter?
Oceaneering International released its earnings results on Apr 23, 2026. The company reported $0.3 earnings per share for the quarter, missing the consensus estimate of $0.32 by -$0.02.
Is Oceaneering International overvalued?
According to Wall Street analysts Oceaneering International’s price is currently Overvalued.
Does Oceaneering International pay dividends?
Oceaneering International pays a Quarterly dividend of $0.15 which represents an annual dividend yield of N/A. See more information on Oceaneering International dividends here
What is Oceaneering International’s EPS estimate?
Oceaneering International’s EPS estimate is 0.46.
How many shares outstanding does Oceaneering International have?
Oceaneering International has 99,393,745 shares outstanding.
What happened to Oceaneering International’s price movement after its last earnings report?
Oceaneering International reported an EPS of $0.3 in its last earnings report, missing expectations of $0.32. Following the earnings report the stock price went down -1.736%.
Which hedge fund is a major shareholder of Oceaneering International?
Currently, no hedge funds are holding shares in OII
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Oceaneering International Stock Smart Score
Outperform
1
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3
4
5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$33.67 (-10.10% Downside)
$33.67 (-10.10% Downside)
Blogger Sentiment
Bullish
OII Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 178.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 6.2%
Last 30 Days ▼ 6.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
109.21%
12-Months-Change
Fundamentals
Return on Equity
34.47%
Trailing 12-Months
Asset Growth
16.18%
Trailing 12-Months
Company Description
Oceaneering International
Oceaneering International, Inc. provides engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. The company's Subsea Robotics segment provides remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair. This segment also offers ROV tooling, and survey services, such as hydrographic survey and positioning services, as well as autonomous underwater vehicles for geoscience. As of December 31, 2021, this segment owned 250 work-class ROVs. Its Manufactured Products segment provides distribution and connection systems, including production control umbilicals and field development hardware, pipeline connection, and repair systems to the energy industry; and autonomous mobile robots and automated guided vehicle technology and entertainment systems to various industries. The company's Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services and inspection, and maintenance and repair services; installation and workover control systems, and ROV workover control systems; project management and engineering; and drill pipe riser services and systems, and wellhead load relief solutions. Its Integrity Management & Digital Solutions segment provides asset integrity management; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry. The company's Aerospace and Defense Technologies segment offers government services and products, including engineering and related manufacturing in defense and space exploration activities to U.S. government agencies and their prime contractors. Oceaneering International, Inc. was founded in 1964 and is headquartered in Houston, Texas.
OII Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: revenue growth, strong order intake (~$1B) and technology/product milestones provide meaningful forward visibility and support the reaffirmed full-year guidance. However, material declines in operating income, net income and adjusted EBITDA, negative free cash flow in the quarter, SSR margin pressure from lower utilization and regional mix shifts, and an accrual in Ad Tech temper near-term results. Management expects sequential improvement in Q2 and a stronger second half driven by seasonality, backlog conversion and recent contract awards, which supports a cautiously constructive outlook despite current profitability challenges.View all OII earnings summariesOII Stock 12 Month Forecast
Average Price Target
$33.67
▼(-10.10% Downside)
Technical Analysis
Ownership Overview
1.84% Insiders
28.59% Mutual Funds
0.02% Other Institutional Investors
35.70% Public Companies and
Individual Investors