Oceaneering International (OII) Expected to Post Earnings on Wednesday

Oceaneering International (NYSE:OII) is anticipated to release its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.4555 per share and revenue of $735.6860 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Oceaneering International (NYSE:OII) last announced its quarterly earnings results on Wednesday, April 22nd. The oil and gas company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05). The business had revenue of $692.43 million for 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 business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last 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 Stock Up 1.4%

Oceaneering International stock opened at $42.89 on Tuesday. The company has a current ratio of 2.08, a quick ratio of 1.79 and a debt-to-equity ratio of 0.44. Oceaneering International has a 1-year low of $20.63 and a 1-year high of $44.22. The firm’s fifty day simple moving average is $39.06 and its 200-day simple moving average is $35.43. The company has a market capitalization of $4.28 billion, a P/E ratio of 12.73 and a beta of 1.15.

Insider Buying and Selling at Oceaneering International

In related news, CEO Roderick A. Larson sold 5,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $38.27, for a total value of $191,350.00. Following the completion of the sale, the chief executive officer owned 397,279 shares in the company, valued at approximately $15,203,867.33. This trade represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OII. Lido Advisors LLC grew its stake in shares of Oceaneering International by 2.8% during the fourth quarter. Lido Advisors LLC now owns 12,142 shares of the oil and gas company’s stock valued at $299,000 after purchasing an additional 335 shares during the last quarter. CSM Advisors LLC grew its position in shares of Oceaneering International by 3.1% during the 3rd quarter. CSM Advisors LLC now owns 14,455 shares of the oil and gas company’s stock worth $359,000 after buying an additional 428 shares during the period. NewEdge Advisors LLC grew its position in shares of Oceaneering International by 2.9% during the 4th 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 period. California State Teachers Retirement System raised its stake in shares of Oceaneering International by 0.7% during the second quarter. California State Teachers Retirement System now owns 93,342 shares of the oil and gas company’s stock worth $1,934,000 after buying an additional 634 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Oceaneering International by 33.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,995 shares of the oil and gas company’s stock worth $62,000 after buying an additional 747 shares during the last quarter. 93.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Citigroup raised their target price on Oceaneering International from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, June 18th. Barclays raised their price objective on Oceaneering International from $32.00 to $39.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Oceaneering International in a report on Friday, May 22nd. Finally, TD Cowen upped their target price on Oceaneering International from $34.00 to $36.00 and gave the stock 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 given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $38.33.

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.