OII Stock Recent News

OII secures an $86 million Navy contract to repair submarine valves and actuators, reinforcing its role in fleet readiness and defense support.

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that the Marine Services Division of its Aerospace and Defense Technologies (“ADTech”) segment has been awarded an indefinite-delivery/indefinite-quantity (IDIQ) contract by the Naval Supply Systems Command Weapon Systems Support (NAVSUP WSS), Mechanicsburg, Pennsylvania, for the repair of valves and actuators in support of the U.S. Navy's Corporate Component Repair Program (“CCRP”) for Virginia-class.

OII expects consolidated revenues to rise in third-quarter 2025 compared with the prior-year period, with EBITDA between $100 million and $110 million.

Oceaneering International, Inc. (NYSE:OII ) Q2 2025 Earnings Conference Call July 24, 2025 11:00 AM ET Company Participants Alan R. Curtis - Senior VP & CFO Hilary Frisbie - Senior Director of Investor Relations Roderick A.

Oceaneering International (OII) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.28 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported second quarter 2025 results. As compared to the second quarter of 2024: Revenue increased 4% to $698 million; Operating income increased 31% to $79.2 million; Net income increased 56% to $54.4 million; and Adjusted EBITDA increased 20% to $103 million. Cash flow provided by operating activities was $77.2 million and free cash flow was $46.9 million, with an ending cash position of $434 million. S.

Here's a preview of what to expect from energy stocks EQNR, CLB, OII and PTEN ahead of their quarterly earnings reports, set to be released tomorrow.

OII is expected to report higher revenues from the year-ago period. However, the company is expected to have faced increased costs and expenses.

Oceaneering International (OII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OII secures up to $90 million contract from Esso Angola, reinforcing its subsea dominance in West Africa's offshore sector.