Pickering Energy Partners upgraded Oceaneering Intl from Underperform to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/30/2026 | $34.00 → $36.00 | Hold | TD Cowen |
| 3/3/2026 | $28.00 → $34.00 | Hold | TD Cowen |
| 11/3/2025 | $25.00 → $27.00 | Hold | TD Cowen |
| 4/2/2025 | Underperform → Neutral | Pickering Energy Partners | |
| 1/10/2025 | $30.00 | Buy → Neutral | Citigroup |
| 12/18/2024 | $22.00 → $26.00 | Underweight → Equal Weight | Barclays |
| 1/19/2023 | $25.00 | Buy | The Benchmark Company |
| 10/6/2022 | $15.00 → $10.00 | Overweight → Equal Weight | Barclays |
KONGSBERG and Oceaneering International, Inc. (OCEANEERING) (NYSE:OII) today announced their selection by the U.S. Department of War’s Defense Innovation Unit (DIU) to support the Combat Autonomous Maritime Platform (CAMP) program, focused on the development of an Extra-Large Uncrewed Undersea Vehicle (XLUUV) for future U.S. Navy missions. The CAMP program accelerates the transition of mature commercial and defense technologies into operational naval capabilities. This collaboration will focus on concept definition, system architecture, and design trade studies, emphasizing modularity, interoperability, and rapid integration. Mission-ready Being selected by DIU for the CAMP program un
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that it has entered into an amendment to its senior secured revolving credit facility ("Credit Facility") to, among other things, increase the commitments from $215 million to $345 million and extend the maturity date from April 2027 to July 2031. The Credit Facility includes the ability to upsize by an additional $85 million and letter of credit availability of $150 million. Mike Sumruld, Oceaneering’s Senior Vice President and Chief Financial Officer, stated, "We are pleased to announce this amendment to our revolving credit facility, which provides additional financial flexibility to support our ongoing operatio
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today the expiration and results of the previously announced cash tender offer (the "Offer") to purchase any and all of its outstanding 6.000% Senior Notes due 2028 (the "Notes"). The Offer was announced on June 24, 2026 and was made pursuant to the Offer to Purchase dated June 24, 2026 (the "Offer to Purchase") and the related Notice of Guaranteed Delivery (together, the "Tender Offer Documents"). According to information received from Global Bondholder Services Corporation, the Depositary and Information Agent for the Offer, as of 5:00 p.m., New York City time, on June 30, 2026 (the "Expiration Time"), valid tenders ha
TD Cowen reiterated coverage of Oceaneering Intl with a rating of Hold and set a new price target of $36.00 from $34.00 previously
TD Cowen reiterated coverage of Oceaneering Intl with a rating of Hold and set a new price target of $34.00 from $28.00 previously
TD Cowen reiterated coverage of Oceaneering Intl with a rating of Hold and set a new price target of $27.00 from $25.00 previously
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
4 - OCEANEERING INTERNATIONAL INC (0000073756) (Issuer)
Oceaneering International, Inc. (NYSE:OII) ("Oceaneering") today announced that Michael W. Sumruld will be appointed Senior Vice President and Chief Financial Officer effective January 1, 2026. He succeeds Alan R. Curtis, who will retire from his role on the same date. Mr. Curtis will continue to assist in an advisory capacity to ensure a smooth transition. Rod Larson, Oceaneering's President and Chief Executive Officer, said, "Alan's expertise and dedication have shaped Oceaneering's financial foundation. We are thankful for his leadership over the years. Mike has already integrated with our leadership team and is actively engaged with our operations to ensure a seamless transition and t
Oceaneering International, Inc. (NYSE:OII) ("Oceaneering") today 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 has extensive governance experience in the energy and financial sectors. Most recently, Mr. Jenkins served as President and Chief Executive Officer of Murphy Oil Corporation ("Murphy") from 2013 until his retirement in 2024. Prior to joining Murphy in 2001, Mr. Jenkins spent 17 years with Texaco Inc. (now part of Chevron Corporation) from 1984 to 2001, serving in variou
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) 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 Nava
8-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
11-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
8-K - OCEANEERING INTERNATIONAL INC (0000073756) (Filer)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
SC 13G/A - OCEANEERING INTERNATIONAL INC (0000073756) (Subject)
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) will report its second quarter 2026 financial results on Wednesday, July 22, 2026, after the close of trading on the New York Stock Exchange. Oceaneering will host a conference call and webcast to discuss the results on Thursday, July 23, 2026, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The earnings release and a link to the webcast will be posted on Oceaneering's Investor Relations website. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information, please visit oceaneerin
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported first quarter 2026 results. First Quarter 2026 Results As compared to the first quarter of 2025: Revenue was $692 million, an increase of 3%. Operating income was $57.8 million, a decrease of 21%. Net income was $36.1 million, a decrease of 28%. Adjusted EBITDA was $83.7 million, a decrease of 13%. Cash Flow Cash flow used in operating activities was $(59.1) million. Free cash flow was $(76.5) million. Quarter-end cash and cash equivalents totaled $607 million, compared to $382 million at the end of the same period last year. Rod Larson, Oceaneering's President and Chief Executive O
Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) will report its first quarter 2026 financial results on Wednesday, April 22, 2026, after the close of trading on the New York Stock Exchange. Oceaneering will host a conference call and webcast to discuss the results on Thursday, April 23, 2026, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The earnings release and a link to the webcast will be posted on Oceaneering's Investor Relations website. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information, please visit oceaneeri