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OII wins $33 million Navy contract to supply key components for Virginia-class submarines through 2030.
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (NYSE: OII) (“Oceaneering”) today announced a Chief Financial Officer (“CFO”) succession plan. Alan R. Curtis, Senior Vice President & CFO, has announced his decision to retire from his position effective January 1, 2026. Mr. Curtis began his career with Oceaneering in 1995 as a Financial Controller and has served in a variety of roles, including most recently as CFO since 2015. Addressing Mr. Curtis's pending retirement, President a.
HOUSTON--(BUSINESS WIRE)--EY US names Rod Larson of Oceaneering as a Finalist for Entrepreneur Of The Year® 2025 Gulf South Award.
Oceaneering International (OII) reported earnings 30 days ago. What's next for the stock?
OII's entertainment arm is acquired by Falcon's Beyond to amplify its leadership in themed entertainment.
ORLANDO, Fla.--(BUSINESS WIRE)--Falcon's Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon's Beyond”, “Falcon's” or the “Company”), a visionary leader in innovative and immersive storytelling announced today that Falcon's has acquired Oceaneering Entertainment Systems (OES), a division of Oceaneering International Inc. (NYSE: OII) (“OII”). In the transaction, Falcon's purchased OES's global portfolio of patented technologies, proprietary engineering and manufacturing processes. Falcon's also assumed.
HOUSTON--(BUSINESS WIRE)--Oceaneering to Participate at Citi's 2025 Spotlight on SMID Energy Day.
BP awards Oceaneering a 3-year subsea deal at the GTA gas field, with options to extend as field operations begin in Q2 2025.
HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Award of Inspection, Maintenance, and Repair Contract by bp Mauritania Investments Limited.
Oceaneering International's shares are down 31.2% YTD, but their significant market share and diverse segments make them an attractive buy despite energy market uncertainties. The company boasts a 59% global market share in the ROV drill support industry and has shown robust revenue and profit growth across all segments. Management's optimistic 2025 outlook includes a projected EBITDA increase of 16.6%, despite potential risks from energy market volatility and geopolitical factors.