Oceaneering International (NYSE:OII) Sets New 12-Month High Following Better-Than-Expected Earnings

Oceaneering International, Inc. (NYSE:OII) shares hit a new 52-week high on Thursday following a stronger than expected earnings report. The stock traded as high as $35.69 and last traded at $34.8680, with a volume of 451675 shares changing hands. The stock had previously closed at $33.09.

The oil and gas company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The company had revenue of $668.57 million for the quarter, compared to analyst estimates of $678.16 million. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. The company’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.37 earnings per share.

Oceaneering International News Summary

Here are the key news stories impacting Oceaneering International this week:

• Positive Sentiment: Q4 EPS topped estimates — Oceaneering reported $0.45 EPS versus a $0.44 consensus, showing improved profitability versus last year. Read More.
• Positive Sentiment: Management projects multi‑year growth tied to ADTech and guided to roughly $390M–$440M EBITDA for 2026, supporting a longer‑term recovery narrative. Read More.
• Positive Sentiment: Investor outreach ramping — the company will participate in multiple investor conferences in Q1, increasing visibility with analysts and funds. Read More.
• Positive Sentiment: Sector tailwinds: rising Brent/WTI prices have analysts flagging OII among oil‑linked names to watch, which can support order activity over time. Read More.
• Neutral Sentiment: Technical/market context — the stock recently hit a 52‑week high and has shown intraday volatility, which can prompt short‑term profit taking. Read More.
• Neutral Sentiment: Full earnings call and transcripts are available for investors to parse segment trends and backlog details — useful but not immediately price‑moving alone. Read More.
• Negative Sentiment: Revenue missed estimates and declined year‑over‑year — Q4 revenue of ~$668.6M came in below expectations and was down ~6.3% YoY, raising concern about near‑term activity levels. Read More.
• Negative Sentiment: Energy‑segment softness and cautious near‑term guidance/uncertainty are weighing on sentiment despite long‑term targets. Read More.
• Negative Sentiment: Analyst price targets remain conservative (median ≈ $25) and recent insider selling has been reported — both create downward pressure relative to the current valuation. Read More.

Wall Street Analyst Weigh In

Several brokerages have weighed in on OII. Zacks Research raised Oceaneering International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Weiss Ratings restated a “hold (c+)” rating on shares of Oceaneering International in a research report on Monday, December 29th. Wall Street Zen downgraded Oceaneering International from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. TD Cowen increased their price objective on shares of Oceaneering International from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 3rd. Finally, Barclays boosted their target price on shares of Oceaneering International from $22.00 to $23.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $25.00.

Insider Transactions at Oceaneering International

In other news, SVP Jennifer Fremont Simons sold 29,155 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $26.35, for a total transaction of $768,234.25. Following the completion of the transaction, the senior vice president directly owned 52,344 shares in the company, valued at approximately $1,379,264.40. This represents a 35.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. SummerHaven Investment Management LLC bought a new stake in Oceaneering International during the third quarter valued at $967,000. Essex Investment Management Co. LLC raised its position in shares of Oceaneering International by 58.7% in the 3rd quarter. Essex Investment Management Co. LLC now owns 159,261 shares of the oil and gas company’s stock worth $3,946,000 after acquiring an additional 58,925 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Oceaneering International by 1,377.0% in the 3rd quarter. SG Americas Securities LLC now owns 156,547 shares of the oil and gas company’s stock valued at $3,879,000 after purchasing an additional 145,948 shares during the period. Greenhouse Funds LLLP lifted its stake in shares of Oceaneering International by 9.9% in the 2nd quarter. Greenhouse Funds LLLP now owns 2,491,803 shares of the oil and gas company’s stock valued at $51,630,000 after purchasing an additional 223,724 shares during the period. Finally, Schroder Investment Management Group boosted its position in shares of Oceaneering International by 27.5% during the 2nd quarter. Schroder Investment Management Group now owns 448,394 shares of the oil and gas company’s stock valued at $9,291,000 after purchasing an additional 96,795 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.

Oceaneering International Stock Down 3.9%

The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 9.93 and a beta of 1.26. The firm has a 50 day moving average of $28.23 and a 200 day moving average of $25.44. The company has a quick ratio of 1.68, a current ratio of 1.99 and a debt-to-equity ratio of 0.45.

Oceaneering International Company Profile

Oceaneering International, Inc is a global provider of engineered services and products primarily to the offshore oil and gas industry, as well as to aerospace, defense, and commercial diving markets. The company specializes in remotely operated vehicles (ROVs), subsea intervention, and inspection services designed to support exploration, production and maintenance activities in challenging underwater environments. In addition to ROV operations, Oceaneering offers asset integrity solutions, specialized tooling, and intervention equipment for pipelines, risers, and flowlines.

Founded in 1964 and headquartered in Houston, Texas, Oceaneering has grown through both organic expansion and strategic acquisitions.