Oceaneering International (OII) Projected to Post Earnings on Wednesday

Oceaneering International (NYSE:OII) is expected to be releasing its Q2 2025 earnings data 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 quarterly earnings results on Wednesday, April 23rd. The oil and gas company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.07. Oceaneering International had a net margin of 6.68% and a return on equity of 20.59%. The company had revenue of $674.52 million during the quarter, compared to the consensus estimate of $651.96 million. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. 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 2.1%

Shares of Oceaneering International stock opened at $20.65 on Wednesday. The company has a market capitalization of $2.08 billion, a P/E ratio of 11.60 and a beta of 1.48. The company has a 50 day moving average of $20.38 and a 200 day moving average of $21.55. Oceaneering International has a 52-week low of $15.46 and a 52-week high of $30.98. The company has a quick ratio of 1.58, a current ratio of 1.89 and a debt-to-equity ratio of 0.62.

Institutional Investors Weigh In On Oceaneering International

A number of institutional investors and hedge funds have recently bought and sold shares of OII. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Oceaneering International by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,154 shares of the oil and gas company’s stock valued at $1,312,000 after purchasing an additional 2,633 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Oceaneering International by 1.9% in the 1st quarter. Empowered Funds LLC now owns 120,776 shares of the oil and gas company’s stock valued at $2,634,000 after purchasing an additional 2,310 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Oceaneering International in the 1st quarter valued at about $168,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on OII. Pickering Energy Partners raised shares of Oceaneering International from an “underperform” rating to a “neutral” rating in a research report on Wednesday, April 2nd. Wall Street Zen downgraded Oceaneering International from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Barclays decreased their target price on Oceaneering International from $22.00 to $21.00 and set an “equal weight” rating for the company in a research note on Monday, April 28th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price 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.