Oceaneering International (OII) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Oceaneering will report Q1 2026 results after the market closes on April 22; analysts expect EPS of $0.3298 and revenue of $671.35 million, with an earnings call scheduled for April 23 at 11:00 AM ET.
• In the prior quarter the company beat EPS estimates ($0.45 vs. $0.44) but revenue fell 6.3% year‑over‑year to $668.57 million; OII stock recently opened at $35.95 (down 4%), with a market cap of $3.59 billion and a PE of about 10.3.
• Insiders have sold 111,689 shares (~$4.2 million) over the last 90 days, and analysts hold a consensus Hold rating with an average target price of $33.67 after mixed recent rating changes.

Oceaneering International (NYSE:OII - Get Free Report) will likely be announcing its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect Oceaneering International to post earnings of $0.3298 per share and revenue of $671.3520 million for the quarter. Individuals may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Oceaneering International (NYSE:OII - Get Free Report) last released its earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.01. The company had revenue of $668.57 million during the quarter, compared to analysts' expectations of $678.16 million. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. Oceaneering International's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period last year, the business earned $0.37 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 Down 4.0%

OII stock opened at $35.95 on Wednesday. The firm has a 50 day moving average of $35.04 and a 200 day moving average of $28.62. The stock has a market capitalization of $3.59 billion, a PE ratio of 10.27 and a beta of 1.18. The company has a quick ratio of 1.72, a current ratio of 1.99 and a debt-to-equity ratio of 0.45. Oceaneering International has a 52 week low of $16.74 and a 52 week high of $39.00.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Barclays lifted their target price on shares of Oceaneering International from $23.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Monday, February 23rd. Weiss Ratings upgraded shares of Oceaneering International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, February 23rd. Wall Street Zen cut shares of Oceaneering International from a "buy" rating to a "hold" rating in a research note on Sunday, March 1st. Citigroup lifted their target price on shares of Oceaneering International from $25.00 to $35.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 10th. Finally, Zacks Research cut shares of Oceaneering International from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $33.67.

Insider Activity at Oceaneering International

In other Oceaneering International news, COO Benjamin Laura sold 33,176 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $37.51, for a total transaction of $1,244,431.76. Following the completion of the transaction, the chief operating officer directly owned 45,911 shares of the company's stock, valued at approximately $1,722,121.61. This trade represents a 41.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Earl Childress sold 22,518 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $842,398.38. Following the transaction, the senior vice president directly owned 35,577 shares of the company's stock, valued at $1,330,935.57. This represents a 38.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 111,689 shares of company stock worth $4,204,360 in the last ninety days. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Oceaneering International

A number of institutional investors have recently bought and sold shares of OII. Wilmington Savings Fund Society FSB purchased a new position in Oceaneering International during the 3rd quarter worth approximately $28,000. Quarry LP purchased a new position in Oceaneering International during the 3rd quarter worth approximately $30,000. EverSource Wealth Advisors LLC raised its position in Oceaneering International by 335.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,442 shares of the oil and gas company's stock worth $30,000 after buying an additional 1,111 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Oceaneering International by 33.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,995 shares of the oil and gas company's stock valued at $62,000 after purchasing an additional 747 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Oceaneering International during the 4th quarter valued at approximately $80,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.