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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$20.21 - $41.15
Previous CloseN/A
Volume112.29K
Average Volume (3M)929.17K
Market Cap
$3.93B
Enterprise Value$3.78B
Total Cash (Recent Filing)$607.47M
Total Debt (Recent Filing)$848.83M
Price to Earnings (P/E)11.7
Beta1.05
Next Earnings
Jul 22, 2026EPS Estimate
0.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.37
Shares Outstanding99,744,640
10 Day Avg. Volume947,303
30 Day Avg. Volume929,167
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)2.27
Price to Sales (P/S)0.87
P/FCF Ratio11.71
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit6.75
Enterprise Value/Ebitda9.15
Forecast
1Y Price Target
$38.33Price Target Upside2.36% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)1.82
Revenue Forecast (FY)$2.88B
Bulls Say, Bears Say
Bulls Say
Revenue & Margin RecoveryOceaneering has moved from prior losses to sustained profitability, with TTM revenue near $2.8B and net margins around 12%. This durable recovery improves earnings stability, funds reinvestment into tech and services, and reduces cyclical vulnerability versus earlier years.
Improving Cash GenerationMaterial improvement in operating cash flow and free cash flow shows stronger cash conversion and internal funding capacity. Consistent FCF supports capex for ROVs/tech, funds working capital, and underpins liability management without relying solely on external financing.
Scale & Market Share In ROV/Drill SupportLarge ROV fleet and dominant drill-support share create structural advantages: pricing power on day-rates, deep contract pipeline, and operational scale that is hard for smaller peers to replicate, supporting multi-year revenue visibility and higher-margin service mix.
Bears Say
Margin Pressure From OverheadsRising unallocated costs (wage inflation, FX, IT) are a structural headwind to consolidated margins. If persistent, these fixed and semi-fixed costs will compress operating leverage, reduce incremental margins on revenue growth, and limit cashflow improvements over the medium term.
ROV Utilization & SSR Margin RiskHigh-margin SSR revenue depends on utilization and regional mix. Structural demand variance and exposure to lower-margin geographies can keep utilization below full capacity, pressuring SSR margins and making consolidated profitability sensitive to cyclical offshore activity.
Rising Debt & Refinancing CostThough leverage is improved vs historic peaks, total debt has increased and the recent $500M 6.875% note adds long-term interest burden. Elevated absolute debt and relatively high coupon raise refinancing and interest-cost risk if cash generation weakens or rates remain elevated.
Oceaneering International News
OII FAQ
What was Oceaneering International’s price range in the past 12 months?
Oceaneering International lowest stock price was $20.21 and its highest was $41.15 in the past 12 months.
What is Oceaneering International’s market cap?
Oceaneering International’s market cap is $3.93B.
When is Oceaneering International’s upcoming earnings report date?
Oceaneering International’s upcoming earnings report date is Jul 22, 2026 which is in 20 days.
How were Oceaneering International’s earnings last quarter?
Oceaneering International released its earnings results on Apr 22, 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 Undervalued.
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 0.45.
How many shares outstanding does Oceaneering International have?
Oceaneering International has 99,744,640 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 -1.196%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$38.33 (2.36% Upside)
$38.33 (2.36% Upside)
Blogger Sentiment
Bullish
OII Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 40.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.1%
Last 30 Days ▲ 8.5%
Last 30 Days ▲ 8.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
95.55%
12-Months-Change
Fundamentals
Return on Equity
34.58%
Trailing 12-Months
Asset Growth
16.18%
Trailing 12-Months
Company Description
Oceaneering International
Headquartered in Houston, Texas, Oceaneering International, Inc., established in 1964, is a global provider of specialized engineering services, innovative products, and advanced robotic solutions. The company serves a diverse clientele spanning the offshore energy, defense, aerospace, manufacturing, and entertainment sectors. Its Subsea Robotics division deploys Remotely Operated Vehicles (ROVs) to assist drilling operations and perform vessel-based tasks such as subsea hardware deployment, construction activities, pipeline and facility inspections, maintenance, and repair. Furthermore, this segment supplies specialized ROV tooling, a range of survey services including hydrographic mapping and precise positioning, and autonomous underwater vehicles (AUVs) tailored for geoscience applications. By the close of 2021, the company maintained a fleet of 250 work-class ROVs. The Manufactured Products segment engineers and delivers essential distribution and connection systems for the energy sector, encompassing production control umbilicals, field development hardware, and pipeline connection and repair apparatus. It also supplies autonomous mobile robots, automated guided vehicle (AGV) technologies, and entertainment systems to a variety of other industries. Oceaneering's Offshore Projects Group undertakes comprehensive subsea installation and intervention, which includes riserless light well intervention, inspection, maintenance, and repair services. They also furnish installation and workover control systems (including specific ROV workover control solutions), provide expert project management and engineering, and offer drill pipe riser services and systems, alongside wellhead load relief solutions. The Integrity Management & Digital Solutions division specializes in asset integrity management. It additionally provides bespoke software and analytical tools for the bulk cargo maritime sector, coupled with broad software, digital, and connectivity solutions for the energy industry. Finally, its Aerospace and Defense Technologies segment delivers critical government services and products, encompassing engineering and manufacturing support for defense and space exploration missions, primarily catering to U.S. government agencies and their primary contractors.
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
$38.33
▲(2.36% Upside)
Technical Analysis
Ownership Overview
1.80% Insiders
32.18% Mutual Funds
<0.01% Other Institutional Investors
31.32% Public Companies and Individual Investors