Oceaneering International (OII) to Announce Earnings on Wednesday

Oceaneering International (NYSE:OII) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect Oceaneering International to announce earnings of $0.4537 per share and revenue of $735.7430 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Oceaneering International (NYSE:OII) last released its quarterly earnings data on Wednesday, April 22nd. The oil and gas company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05). The business had revenue of $692.43 million during the quarter, compared to analyst estimates of $671.35 million. Oceaneering International had a return on equity of 18.35% and a net margin of 12.12%.The firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 EPS. On average, analysts expect Oceaneering International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Oceaneering International Trading Up 0.1%

NYSE OII opened at $43.27 on Wednesday. Oceaneering International has a 1 year low of $20.21 and a 1 year high of $44.22. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.08 and a quick ratio of 1.79. The company has a market capitalization of $4.32 billion, a PE ratio of 12.84 and a beta of 1.15. The company has a fifty day moving average of $38.62 and a 200 day moving average of $34.91.

Analysts Set New Price Targets

A number of brokerages have recently commented on OII. Weiss Ratings restated a “buy (b-)” rating on shares of Oceaneering International in a research note on Friday, May 22nd. Citigroup upped their price objective on Oceaneering International from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Barclays lifted their target price on shares of Oceaneering International from $32.00 to $39.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Finally, TD Cowen raised their price target on shares of Oceaneering International from $34.00 to $36.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $38.33.

Insiders Place Their Bets

In other Oceaneering International news, CEO Roderick A. Larson sold 5,000 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $38.27, for a total transaction of $191,350.00. Following the transaction, the chief executive officer directly owned 397,279 shares of the company’s stock, valued at $15,203,867.33. This trade represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Oceaneering International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Corient Private Wealth LLC boosted its holdings in shares of Oceaneering International by 21.7% during the 4th quarter. Corient Private Wealth LLC now owns 12,600 shares of the oil and gas company’s stock worth $303,000 after purchasing an additional 2,245 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in Oceaneering International by 7.2% during the fourth quarter. State of Tennessee Department of Treasury now owns 52,577 shares of the oil and gas company’s stock worth $1,263,000 after buying an additional 3,533 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Oceaneering International during the fourth quarter worth approximately $630,000. Mackenzie Financial Corp boosted its stake in Oceaneering International by 9.1% during the fourth quarter. Mackenzie Financial Corp now owns 15,246 shares of the oil and gas company’s stock worth $370,000 after buying an additional 1,275 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Oceaneering International by 2.9% during the fourth quarter. NewEdge Advisors LLC now owns 19,560 shares of the oil and gas company’s stock worth $470,000 after buying an additional 545 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

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.