Oceaneering International (OII) to Release Earnings on Wednesday

Oceaneering International (NYSE:OII) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 23rd. Analysts expect Oceaneering International to post earnings of $0.40 per share and revenue of $676.81 million for the quarter.

Oceaneering International (NYSE:OII) last issued its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.36 by $0.07. The company had revenue of $674.52 million during the quarter, compared to analysts’ expectations of $651.96 million. Oceaneering International had a net margin of 6.68% and a return on equity of 20.59%. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 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 Price Performance

Shares of NYSE:OII opened at $20.48 on Monday. The firm has a 50 day moving average of $20.48 and a 200-day moving average of $21.40. The stock has a market capitalization of $2.06 billion, a PE ratio of 11.51 and a beta of 1.48. The company has a current ratio of 1.89, a quick ratio of 1.58 and a debt-to-equity ratio of 0.62. Oceaneering International has a 12 month low of $15.46 and a 12 month high of $30.98.

Hedge Funds Weigh In On Oceaneering International

Institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its holdings in Oceaneering International by 1.9% during the 1st quarter. Empowered Funds LLC now owns 120,776 shares of the oil and gas company’s stock worth $2,634,000 after acquiring an additional 2,310 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Oceaneering International by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,154 shares of the oil and gas company’s stock worth $1,312,000 after acquiring an additional 2,633 shares during the last quarter. Finally, Strs Ohio bought a new stake in Oceaneering International during the 1st quarter worth approximately $168,000. 93.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Barclays dropped their target price on shares of Oceaneering International from $22.00 to $21.00 and set an “equal weight” rating for the company in a research report on Monday, April 28th. Pickering Energy Partners upgraded shares of Oceaneering International from an “underperform” rating to a “neutral” rating in a research report on Wednesday, April 2nd. Finally, Wall Street Zen cut shares of Oceaneering International from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $28.00.

Oceaneering International Company Profile

Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.