Welcome to our dedicated page for Oceaneering Intl news (Ticker: OII), a resource for investors and traders seeking the latest updates and insights on Oceaneering Intl stock.
Oceaneering International Inc. reports developments in engineered services, products, and robotic solutions for the offshore energy, defense, aerospace, and manufacturing markets. News about OII commonly centers on quarterly results, segment guidance, customer orders, contract awards, backlog, and operating trends across Subsea Robotics, Integrity Management and Digital Solutions, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies.
Company updates also cover remotely operated vehicle activity, vessel-based services, underwater survey and tooling work, autonomous systems such as the Freedom platform, and dual-use technology serving energy and defense applications. Governance and investor-relations announcements include earnings calls, investor-conference participation, board changes, and finance leadership transitions.
Oceaneering (NYSE:OII) priced a private offering of $500 million aggregate principal amount of 6.875% Senior Notes due 2034 at par, with maturity on July 15, 2034. Closing is expected July 6, 2026, subject to customary conditions.
According to Oceaneering, net proceeds, with cash on hand if needed, will fund a concurrent cash tender offer for its 6.000% Senior Notes due 2028. Any remaining proceeds will support general corporate purposes, including potential repayment, redemption, or repurchase of other debt.
Oceaneering (NYSE: OII) launched a cash tender offer to purchase any and all of its outstanding 6.000% Senior Notes due 2028, with $500 million aggregate principal amount outstanding.
The Purchase Price per $1,000 will be set June 30, 2026 using a 40 bps fixed spread over the 3.50% UST due October 31, 2027. The offer expires at 5:00 p.m. New York City time on June 30, 2026, with settlement expected July 6, 2026. The offer is conditional on completion of one or more debt financings and has no minimum tender condition. Holders will receive accrued and unpaid interest to, but excluding, the Settlement Date.
Oceaneering (NYSE: OII) plans a private offering of $500 million Senior Notes due 2034. The company expects to use net proceeds, with cash on hand if needed, to fund a cash tender offer for its 6.000% Senior Notes due 2028 and for general corporate purposes.
Oceaneering International (NYSE:OII) will release its second quarter 2026 earnings on Wednesday, July 22, 2026, after the NYSE close.
A conference call and webcast to discuss results is scheduled for Thursday, July 23, 2026, at 10:00 a.m. CT (11:00 a.m. ET), accessible via the company’s investor relations website.
Oceaneering (NYSE:OII) announced that President and CEO Rod Larson will join a fireside chat at the J.P. Morgan Natural Resources Conference in New York on June 23, 2026. Larson and Senior Director of Investor Relations Hilary Frisbie will also meet with institutional investors, and the latest investor presentation is available on Oceaneering’s website.
Oceaneering (NYSE:OII) was awarded an integrated offshore installation contract for the West Delta Deep Marine gas field offshore Egypt by Burullus Gas Company.
The scope includes transport, offshore installation, and commissioning of a refurbished subsea umbilical and a 2,000-meter TCP flowline, plus ROV and survey services, with revenue expected in 2026.
Oceaneering (NYSE:OII) reported Q1 2026 results: revenue $692.4M (+3% YoY), operating income $57.8M (−21% YoY), and net income $36.1M (−28% YoY). Adjusted EBITDA was $83.7M, within guidance. Cash and cash equivalents totaled $607M at quarter end. Orders totaled ~$1.0B, backlog was $492M. Management reaffirmed full‑year EBITDA guidance of $390M–$440M, while noting IMDS operating income growth will be lower than previously anticipated.
Oceaneering (NYSE:OII) will report first quarter 2026 results on Wednesday, April 22, 2026, after the close of trading. Oceaneering will host a conference call and webcast on Thursday, April 23, 2026 at 10:00 a.m. CT (11:00 a.m. ET).
The earnings release and a webcast link will be posted on Oceaneering's Investor Relations website. Oceaneering provides engineered services, products and robotic solutions to offshore energy, defense, aerospace and manufacturing industries.
Oceaneering (NYSE:OII) will participate in three investor conferences in Q1 2026: THRIVE Energy Conference in Houston on February 26, J.P. Morgan Global Leveraged Finance Conference in Miami on March 3, and Piper Sandler Annual Energy Conference in Las Vegas on March 17.
Senior executives including CFO Michael Sumruld and IR head Hilary Frisbie will meet institutional investors. Oceaneering’s latest presentation is available on its investor relations website. The company delivers engineered services, products and robotic solutions across offshore energy, defense, aerospace and manufacturing.
Oceaneering (NYSE:OII) reported Q4 2025 revenue of $669 million (-6% YoY) and operating income of $65.4 million (-16% YoY). Full-year 2025 revenue was $2.8 billion (+5% YoY) with net income $354 million (+140%) and adjusted EBITDA $401 million (+16%).
Cash and equivalents rose to $689 million. Orders totaled $3.7 billion with a year-end book-to-bill of 1.33. Management issued 2026 guidance: net income $178–$203 million, consolidated EBITDA $390–$440 million, and free cash flow $100–$120 million.