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$19.78 - $40.12
Previous CloseN/A
Volume112.29K
Average Volume (3M)1.05M
Market Cap
$3.79B
Enterprise Value$4.05B
Total Cash (Recent Filing)$607.47M
Total Debt (Recent Filing)$848.83M
Price to Earnings (P/E)11.7
Beta1.08
Next Earnings
Jul 29, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.37
Shares Outstanding99,744,640
10 Day Avg. Volume958,657
30 Day Avg. Volume1,052,165
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 Cap1.07
Enterprise Value/Revenue1.45
Enterprise Value/Gross Profit7.23
Enterprise Value/Ebitda9.96
Forecast
1Y Price Target
$36.67Price Target Upside-2.09% Downside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)1.8
Revenue Forecast (FY)$2.88B
Bulls Say, Bears Say
Bulls Say
Order Intake & Backlog VisibilityA ~$1.0B Q1 order intake, including ~$300M in multi-year SSR awards that extend into 2031, materially increases forward revenue visibility. This backlog supports multi-year contract conversion, smoothing cyclicality in offshore demand and underpinning sustained revenue and margin recovery.
Deleveraged Balance SheetSignificant deleveraging and a stronger equity base materially improve financial flexibility and reduce refinancing risk. A ~0.45 debt-to-equity with higher equity supports capital allocation, investment in technology and contract performance through cycles without forcing asset sales or dilutive financing.
Improving Cash GenerationRising operating cash flow and FCF indicate stronger cash conversion from profits, enabling reinvestment, debt paydown and funding of programmatic ROV and technology initiatives. Sustained positive FCF at scale reduces dependence on external capital and supports durable operational resilience.
Bears Say
SSR Utilization & Margin PressureLower ROV utilization and adverse regional mix compress high-margin SSR earnings, exposing operating leverage in the core business. If utilization or market mix remain weak, durable margin recovery will be constrained and company profitability will be more sensitive to offshore activity cycles.
Operating Cash Flow Lags Net IncomePersistent gap where operating cash flow trails net income signals working-capital and timing pressures. Over time, this can strain liquidity during downturns, limit free cash flow conversion despite accounting profits, and require higher credit reliance if receivables or incentives remain elevated.
Rising Total DebtAn increase in absolute debt raises interest and refinancing obligations even if leverage ratios look moderate. Continued growth in nominal debt could constrain capital flexibility, limit ability to fund capex or weather demand shocks, and necessitate tighter cash generation or cost control.
Oceaneering International News
OII FAQ
What was Oceaneering International’s price range in the past 12 months?
Oceaneering International lowest stock price was $19.78 and its highest was $40.12 in the past 12 months.
What is Oceaneering International’s market cap?
Oceaneering International’s market cap is $3.79B.
When is Oceaneering International’s upcoming earnings report date?
Oceaneering International’s upcoming earnings report date is Jul 29, 2026 which is in 54 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 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 0.47.
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
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$36.67 (-2.09% Downside)
$36.67 (-2.09% Downside)
Blogger Sentiment
Bullish
OII Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 40.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
101.31%
12-Months-Change
Fundamentals
Return on Equity
34.53%
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
$36.67
▼(-2.09% Downside)
Technical Analysis
Ownership Overview
1.80% Insiders
31.35% Mutual Funds
23.26% Other Institutional Investors
8.69% Public Companies and Individual Investors