OII Stock Recent News
OII LATEST HEADLINES
HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Conferences: Thrive Energy Conference, Piper Sandler Energy Conference, and Pickering Energy Partners Conference.
OII expects net income to be between $160 million and $190 million, with consolidated EBITDA between $380 million and $430 million for 2025.
Oceaneering International, Inc. (NYSE:OII ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Hilary Frisbie – Senior Director-Investor Relations Rod Larson – President and Chief Executive Officer Alan Curtis – Senior Vice President and Chief Financial Officer Conference Call Participants Eddie Kim – Barclays Kurt Hallead – Benchmark Company Josh Jayne – Daniel Energy Partners Operator Welcome to Oceaneering's Fourth Quarter and Full Year 2024 Earnings Conference Call. My name is Desiree, and I'll be your conference operator.
Oceaneering International (OII) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.19 per share a year ago.
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported fourth quarter and full year 2024 results. Fourth Quarter 2024 Results Revenue of $713 million, a 9% increase year over year Operating income of $77.9 million, a 64% increase year over year Net income of $56.1 million, a 26% increase year over year Adjusted EBITDA of $102 million, a 35% increase year over year Cash flow provided by operating activities of $128 million and free cash flow of $94.5.
Investors interested in Energy stocks can keep an eye on the fourth-quarter 2024 earnings reports of OII, PUMP, E and NOG.
Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
OII orders 100 Octans 9 AHRS with Exail to boost offshore operations, ensure superior navigation accuracy and enhance operational efficiency.
HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call. February 19 and February 20, respectively.
OII shows promising earnings growth and a robust cash flow. However, risks from seasonal declines, oil price fluctuations and uncertain robotics investments remain concerning.