Notizie in diretta • May 21
Oceaneering Secures Offshore Egypt Contract for Accelerated Subsea Installation and ROV Services Oceaneering International’s Offshore Projects Group received an integrated offshore installation contract at the West Delta Deep Marine gas field development offshore Egypt from Burullus Gas Company.
The scope includes transportation, offshore installation and commissioning of a refurbished subsea umbilical and a replacement thermoplastic composite pipe flowline.
Oceaneering will also provide remotely operated vehicle and survey services to support the accelerated offshore operations schedule.
This contract points to ongoing demand for Oceaneering’s subsea engineering and installation capabilities, as well as its remotely operated vehicle and survey services in offshore energy projects.
Investors may want to pay attention to how efficiently the company executes work on this accelerated schedule and whether similar integrated contracts emerge in other offshore regions. Recent Insider Transactions • May 17
Insider recently sold US$2.7m worth of stock On the 13th of May, Martin McDonald sold around 70k shares on-market at roughly US$38.43 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$8.8m more than they bought in the last 12 months. Price Target Changed • May 07
Price target increased by 12% to US$35.25 Up from US$31.50, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$36.58. Stock is up 93% over the past year. The company is forecast to post earnings per share of US$1.60 for next year compared to US$3.53 last year. Major Estimate Revision • May 01
Consensus EPS estimates fall by 11%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$2.82b to US$2.87b. EPS estimate fell from US$1.79 to US$1.60 per share. Net income forecast to shrink 51% next year vs 31% growth forecast for Energy Services industry in the US . Consensus price target up from US$31.98 to US$33.50. Share price was steady at US$37.07 over the past week. Annuncio • Apr 24
Oceaneering International, Inc. Provides Consolidated Earnings Guidance for the Second Quarter Ended June 30, 2026 Oceaneering International, Inc. provided consolidated earnings guidance for the second quarter ended June 30, 2026. As compared to the second quarter of 2025, Consolidated second quarter 2026 revenue is projected to increase. Reported Earnings • Apr 23
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$0.36 (down from US$0.50 in 1Q 2025). Revenue: US$692.4m (up 2.7% from 1Q 2025). Net income: US$36.1m (down 28% from 1Q 2025). Profit margin: 5.2% (down from 7.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 03
Oceaneering International, Inc., Annual General Meeting, May 15, 2026 Oceaneering International, Inc., Annual General Meeting, May 15, 2026. Location: 5775 n. sam houston pkwy. w, texas 77086, houston United States Annuncio • Mar 26
Oceaneering International, Inc. to Report Q1, 2026 Results on Apr 22, 2026 Oceaneering International, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026 Recent Insider Transactions • Mar 15
Chairman recently sold US$906k worth of stock On the 11th of March, M. McEvoy sold around 26k shares on-market at roughly US$35.27 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.4m. This was M.'s only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Mar 13
Chairman notifies of intention to sell stock M. McEvoy intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of March. If the sale is conducted around the recent share price of US$35.21, it would amount to US$904k. Since March 2025, McEvoy's direct individual holding has increased from 141.84k shares to 156.08k. Company insiders have collectively sold US$5.2m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 27
Insider recently sold US$933k worth of stock On the 26th of February, Holly Kriendler sold around 25k shares on-market at roughly US$37.63 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.8m more than they bought in the last 12 months. Price Target Changed • Feb 23
Price target increased by 10% to US$26.75 Up from US$24.25, the current price target is an average from 4 analysts. New target price is 28% below last closing price of US$37.22. Stock is up 68% over the past year. The company posted earnings per share of US$3.53 last year. Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: US$3.49 (vs US$1.46 in FY 2024) Full year 2025 results: EPS: US$3.49 (up from US$1.46 in FY 2024). Revenue: US$2.78b (up 4.6% from FY 2024). Net income: US$353.8m (up 140% from FY 2024). Profit margin: 13% (up from 5.5% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 19
Oceaneering International, Inc. Provides Consolidated Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026 Oceaneering International, Inc. provided earnings guidance for the first quarter ending March 31, 2026 and Full Year Ending December 31, 2026. For the first quarter of 2026, as compared to the first quarter of 2025, consolidated first quarter 2026 revenue is expected to be lower.
For the Full Year 2026, Net income is expected to be in the range of $178 million to $203 million. Buy Or Sell Opportunity • Feb 05
Now 21% undervalued Over the last 90 days, the stock has risen 31% to US$29.77. The fair value is estimated to be US$37.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$30.97, the stock trades at a trailing P/E ratio of 13.3x. Average forward P/E is 16x in the Energy Services industry in the US. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$36.12 per share. Annuncio • Jan 22
Oceaneering International, Inc. to Report Q4, 2025 Results on Feb 18, 2026 Oceaneering International, Inc. announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Recent Insider Transactions Derivative • Jan 07
Senior VP notifies of intention to sell stock Jennifer Simons intends to sell 29k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of January. If the sale is conducted around the recent share price of US$26.37, it would amount to US$769k. Since March 2025, Jennifer has owned 101.08k shares directly. Company insiders have collectively sold US$704k more than they bought, via options and on-market transactions in the last 12 months. Annuncio • Dec 24
Oceaneering International, Inc. Announces Appointment of Roger Jenkins as Independent, Non-Executive Director in Class III to Its Board of Directors, Effective January 1, 2026 Oceaneering International, Inc. announced that Mr. Roger Jenkins has been elected to its Board of Directors as an independent, non-executive director in Class III, effective January 1, 2026. His initial term will extend until Oceaneering’s Annual Meeting of Shareholders in 2028. Mr. Jenkins, 64, previously served as President and Chief Executive Officer of Murphy Oil Corporation from August 2013 until his retirement in December 2024. He joined Murphy Oil Corporation in 2001 as Drilling Manager in Kuala Lumpur, Malaysia, and subsequently held positions of increasing responsibility, including Senior Vice President, North America (2007–2008). Mr. Jenkins was promoted to President of Murphy’s Exploration & Production Company in 2009. In 2012, he became Executive Vice President and Chief Operating Officer of Murphy Oil Corporation, and in 2013, he was appointed President and Chief Executive Officer and joined Murphy Oil Corporation’s Board of Directors, where he served until his retirement in December 2024. Prior to his tenure at Murphy Oil Corporation, Mr. Jenkins spent 17 years with Texaco Inc. (now part of Chevron Corporation) from 1984 to 2001, serving in various engineering and drilling management roles in the Gulf of Mexico. Mr. Jenkins brings extensive governance experience from the energy and financial sectors. He has been a member of the Board of Directors of Regions Financial Corporation since January 2025, where he serves on the Risk and Technology Committees. He previously served as an independent director on the Board of Directors of Noble Corporation from 2018 to 2020. During his time as CEO of Murphy Oil Corporation, he served on the Board of Directors of the American Petroleum Institute and was a member of the National Petroleum Council. He has served on the Board of Directors of the LSU Foundation since 2016, including the Chair role from 2022-2024. Mr. Jenkins holds a bachelor’s degree in petroleum engineering from Louisiana State University (1983) and an MBA from the A.B.Freeman School of Business at Tulane University (1994). New Risk • Oct 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 97% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Minor Risk Significant insider selling over the past 3 months (US$604k sold). Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: US$0.70 (vs US$0.41 in 3Q 2024) Third quarter 2025 results: EPS: US$0.70 (up from US$0.41 in 3Q 2024). Revenue: US$742.9m (up 9.3% from 3Q 2024). Net income: US$71.3m (up 73% from 3Q 2024). Profit margin: 9.6% (up from 6.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 23
Oceaneering International, Inc. Provides Earnings Guidance for the Fourth Quarter and Year Ending December 31, 2025 Oceaneering International, Inc. provided earnings guidance for the fourth quarter and year ending December 31, 2025. For the fourth quarter, the company reported that as compared to the fourth quarter of 2024, consolidated fourth quarter 2025 revenue is expected to be lower.
For the year 2025, the company expects net income of $208,000,000 - $213,000,000. Price Target Changed • Oct 18
Price target increased by 11% to US$23.50 Up from US$21.13, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$23.11. Stock is down 4.1% over the past year. The company posted earnings per share of US$1.46 last year. Annuncio • Sep 25
Oceaneering International, Inc. to Report Q3, 2025 Results on Oct 22, 2025 Oceaneering International, Inc. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 Recent Insider Transactions • Aug 29
Senior VP & CFO recently sold US$361k worth of stock On the 27th of August, Alan Curtis sold around 15k shares on-market at roughly US$24.36 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alan's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Aug 28
Senior VP & CFO notifies of intention to sell stock Alan Curtis intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of August. If the sale is conducted around the recent share price of US$24.36, it would amount to US$361k. Since March 2025, Alan has owned 88.51k shares directly. Company insiders have collectively sold US$232k more than they bought, via options and on-market transactions in the last 12 months. New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 24
Second quarter 2025 earnings released: EPS: US$0.54 (vs US$0.34 in 2Q 2024) Second quarter 2025 results: EPS: US$0.54 (up from US$0.34 in 2Q 2024). Revenue: US$698.2m (up 4.4% from 2Q 2024). Net income: US$54.4m (up 56% from 2Q 2024). Profit margin: 7.8% (up from 5.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 24
Oceaneering International, Inc. Provides V Earnings Guidance for the Third Quarter and Full Year 2025 Oceaneering International, Inc. provided consolidated earnings guidance for the third quarter and full year 2025. For the quarter, consolidated third quarter 2025 revenue is expected to increase.
For the year, consolidated revenue is expected to grow in the mid-single digit percent range. Annuncio • Jul 03
Oceaneering International, Inc. to Report Q2, 2025 Results on Jul 23, 2025 Oceaneering International, Inc. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Annuncio • Jun 07
Oceaneering International, Inc. Announces Chief Financial Officer Changes, Effective January 1, 2026 Oceaneering International, Inc. announced a chief financial officer (CFO) succession plan. Alan R. Curtis, CFO, has announced his decision to retire from his position effective January 1, 2026. Mr. Curtis began his career with Oceaneering in 1995 as a Financial Controller and has served in a variety of roles, including most recently as CFO since 2015. Michael W. Sumruld will join Oceaneering as Senior Vice President of Finance on September 1, 2025, and is expected to later succeed Mr. Curtis as CFO upon Mr. Curtis's retirement from such position. Mr. Curtis will continue to serve Oceaneering in a supporting role to provide for an orderly transition of duties. Mr. Sumruld will report to Mr. Larson. Mr. Sumruld most recently served as Senior Vice President and CFO for Parker Drilling Company from October 2017 until its sale to Nabors Industries Ltd. in March 2025. In that role, he managed the company’s investor relations, corporate development, treasury, finance and accounting, tax, financial planning and analysis, compliance, operations integrity, and information technology organizations. Prior to his time at Parker Drilling Company, Mr. Sumruld held positions at LyondellBasell Industries N.V. and at Baker Hughes Incorporated. He is a certified public accountant and holds a bachelor’s degree in accounting from the University of Houston and a Master of Business Administration from Texas A&M University. Annuncio • May 16
Infinite Acquisitions Partners Llc completed the acquisition of Oceaneering Entertainment Systems from Oceaneering International, Inc. (NYSE:OII). Infinite Acquisitions Partners Llc signed a letter of intent to acquire Oceaneering Entertainment Systems from Oceaneering International, Inc. (NYSE:OII) on November 19, 2024.
Infinite Acquisitions Partners Llc completed the acquisition of Oceaneering Entertainment Systems from Oceaneering International, Inc. (NYSE:OII) on May 15, 2025. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: US$0.49 (vs US$0.15 in 1Q 2024) First quarter 2025 results: EPS: US$0.49 (up from US$0.15 in 1Q 2024). Revenue: US$674.5m (up 13% from 1Q 2024). Net income: US$50.4m (up 233% from 1Q 2024). Profit margin: 7.5% (up from 2.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 24
Oceaneering International, Inc. Provides Earnings Guidance for the Second Quarter and Reiterates Full Year Guidance for 2025 Oceaneering International, Inc. provided earnings guidance for the second quarter and reiterates full year guidance for 2025. For the second quarter, the company expects revenue to increase.
For the year, the company consolidated and segment guidance remains the same as provided in the fourth quarter 2024 earnings release and call. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$17.14, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 13x in the Energy Services industry in the US. Total returns to shareholders of 13% over the past three years. Annuncio • Mar 31
Oceaneering International, Inc., Annual General Meeting, May 09, 2025 Oceaneering International, Inc., Annual General Meeting, May 09, 2025. Location: 5775 n, sam houston pkwy w, texas 77086, houston United States Annuncio • Mar 28
Oceaneering International, Inc. to Report Q1, 2025 Results on Apr 23, 2025 Oceaneering International, Inc. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025 Price Target Changed • Mar 09
Price target decreased by 11% to US$24.80 Down from US$27.80, the current price target is an average from 5 analysts. New target price is 24% above last closing price of US$19.95. Stock is down 3.0% over the past year. The company is forecast to post earnings per share of US$1.77 for next year compared to US$1.46 last year. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$19.22, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Energy Services industry in the US. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$34.02 per share. Annuncio • Feb 21
Oceaneering International, Inc. Provides Earnings Guidance for the Full Year 2025 Oceaneering International, Inc. provided earnings guidance for the full year 2025. For the period, the company expects Net income is expected in the range of $160 million to $190 million. Reported Earnings • Feb 20
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: US$1.44 (up from US$0.97 in FY 2023). Revenue: US$2.66b (up 9.8% from FY 2023). Net income: US$147.5m (up 51% from FY 2023). Profit margin: 5.5% (up from 4.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 24
Oceaneering International, Inc. to Report Q4, 2024 Results on Feb 19, 2025 Oceaneering International, Inc. announced that they will report Q4, 2024 results After-Market on Feb 19, 2025 Annuncio • Dec 20
Oceaneering International, Inc. Announces Executive Changes, Effective January 1, 2025 Oceaneering International, Inc. 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 Naval Analysis Board of Trustees. Mr. Beierl, who joined Oceaneering in 2005, has notified Oceaneering of his plan to retire. He has agreed to continue to serve in a supporting role for a transitional period. Buy Or Sell Opportunity • Dec 04
Now 20% undervalued Over the last 90 days, the stock has risen 16% to US$28.73. The fair value is estimated to be US$36.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Annuncio • Nov 20
Infinite Acquisitions Partners Llc signed a letter of intent to acquire Oceaneering Entertainment Systems from Oceaneering International, Inc. (NYSE:OII) Infinite Acquisitions Partners Llc signed a letter of intent to acquire Oceaneering Entertainment Systems from Oceaneering International, Inc. (NYSE:OII) on November 19, 2024. Buy Or Sell Opportunity • Nov 07
Now 21% undervalued Over the last 90 days, the stock has risen 7.1% to US$28.22. The fair value is estimated to be US$35.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$29.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Energy Services industry in the US. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$35.51 per share. Annuncio • Oct 30
Oceaneering International, Inc. (NYSE:OII) acquired Global Design Innovation Ltd on October 29, 2024. Oceaneering International, Inc. (NYSE:OII) acquired Global Design Innovation Ltd on October 29, 2024. Global Design Innovation Ltd will continue to operate under its existing brand identity.
Oceaneering International, Inc. (NYSE:OII) completed the acquisition of Global Design Innovation Ltd on October 29, 2024. Reported Earnings • Oct 24
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$0.40 (up from US$0.30 in 3Q 2023). Revenue: US$679.8m (up 7.0% from 3Q 2023). Net income: US$41.2m (up 38% from 3Q 2023). Profit margin: 6.1% (up from 4.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 27
Oceaneering International, Inc. to Report Q3, 2024 Results on Oct 23, 2024 Oceaneering International, Inc. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024 Recent Insider Transactions • Aug 11
Senior VP & Chief Commercial Officer recently sold US$257k worth of stock On the 8th of August, Earl Childress sold around 10k shares on-market at roughly US$25.70 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.7m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$25.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Energy Services industry in the US. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$22.83 per share. Reported Earnings • Jul 25
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: US$0.34 (up from US$0.19 in 2Q 2023). Revenue: US$668.8m (up 12% from 2Q 2023). Net income: US$35.0m (up 84% from 2Q 2023). Profit margin: 5.2% (up from 3.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.5%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 27
Oceaneering International, Inc. to Report Q2, 2024 Results on Jul 24, 2024 Oceaneering International, Inc. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Buy Or Sell Opportunity • Jun 07
Now 20% undervalued Over the last 90 days, the stock has risen 1.4% to US$20.86. The fair value is estimated to be US$26.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Reported Earnings • Apr 25
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: EPS: US$0.15 (up from US$0.04 in 1Q 2023). Revenue: US$599.1m (up 12% from 1Q 2023). Net income: US$15.1m (up 273% from 1Q 2023). Profit margin: 2.5% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 28
Oceaneering International, Inc. to Report Q1, 2024 Results on Apr 24, 2024 Oceaneering International, Inc. announced that they will report Q1, 2024 results After-Market on Apr 24, 2024 Annuncio • Feb 29
Oceaneering International, Inc. Elects Reema Poddar as an Independent, Non-Executive Director On February 21, 2024, the Board of Directors of Oceaneering International, Inc. elected Ms. Reema Poddar to serve as an independent, non-executive director, in Class I, effective as of February 22, 2024. Ms. Poddar was also appointed as a member of the Nominating, Corporate Governance and Sustainability Committee of the Board. Ms. Poddar, 56, served as Executive Vice President and General Manager of the diagnostic and pathway informatics business at Philips, a health technology company, from June 2022 to July 2023. Prior to joining Philips, Ms. Poddar served as Head of Product & Technology of OptimEyes.AI from June 2020 to May 2022, and in several executive roles at Teradata Corporation from July 2017 to February 2020, including most recently as Executive Vice President and Chief Product and Development Officer. Ms. Poddar also spent 14 years at General Electric, including most recently as Executive Vice President and Head of Software Engineering at its subsidiary, GE Digital, before leaving to serve as co-founder and Chief Operating Officer of AdFender, Inc. from June 2016 to July 2017. Ms. Poddar has also been a member of the board of directors of MeridianLink, Inc. since November 2021, the board of directors of Accion Labs Group Holdings, Inc. since 2021, and the advisory board of OptimEyes.AI since 2020. Ms. Poddar previously served on the corporate council board of advisors to the Dean of UC San Diego Jacobs School of Engineering from 2018 to 2020. Ms. Poddar holds a master’s degree in computer applications from Bangalore University, India and a master’s degree in physics from Mahatma Gandhi University, India. Buy Or Sell Opportunity • Feb 28
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$20.77. The fair value is estimated to be US$26.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Reported Earnings • Feb 23
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: US$0.95 (up from US$0.26 in FY 2022). Revenue: US$2.42b (up 17% from FY 2022). Net income: US$97.4m (up 276% from FY 2022). Profit margin: 4.0% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 23
Oceaneering International, Inc. Provides Earnings Guidance for the Year Ending December 31, 2024 Oceaneering International, Inc. provided earnings guidance for the year ending December 31, 2024. For the year, the company expects net income to be in the range of $125,000,000 to $155,000,000.