Oceaneering Awarded Up To $154 Million U.S. Navy Dry Deck Shelter Contract
Oceaneering International's Aerospace and Defense Technologies segment has secured a follow-on U.S. Navy contract worth up to $154 million for Dry Deck Shelter support. The five-year agreement includes maintenance, overhaul, engineering, and field change services for the Navy’s Dry Deck Shelter program, which supports special operations forces and undersea vehicles. This contract extends Oceaneering's more than two-decade relationship with the Navy on this program, emphasizing safety, reliability, and availability of the systems.
A Look Back at Oilfield Services Stocks’ Q2 Earnings: Oceaneering (NYSE:OII) Vs The Rest Of The Pack
This article reviews the Q2 earnings of several oilfield services stocks, including Oceaneering (OII), NESR, ProPetro (PUMP), Noble Corporation (NE), and TETRA Technologies (TTI). While the sector as a whole saw strong revenues, with an average beat of 4.6% over analyst estimates, most stock prices have declined since reporting. Oceaneering delivered strong results, NESR achieved the fastest revenue growth, and ProPetro had the weakest performance.
Oceaneering secures up to $154M U.S. Navy contract
Oceaneering International (OII) announced it has been awarded a follow-on U.S. Navy contract worth up to $154 million. This five-year contract involves providing maintenance, overhaul, engineering, and field change services for Dry Deck Shelters. The agreement supports the safe and reliable deployment of special operations forces and undersea vehicles.
CEO-managed LFV proposes selling 18,000 Oceaneering (OII) shares worth $785K.
Oceaneering International, Inc. (OII) has filed a Form 144 notice for the proposed sale of 18,000 common shares with an aggregate market value of $785,340. The seller is identified as LFV, LP, managed by Roderick A. Larson, who is also President & CEO of Oceaneering. J.P. Morgan Securities LLC is listed as the broker, and the approximate sale date is October 1, 2026.
Oceaneering Announces U.S. Navy Dry Deck Shelter Award
Oceaneering International, Inc. (NYSE:OII) has announced that its Aerospace and Defense Technologies (ADTech) segment secured a follow-on U.S. Navy contract for Dry Deck Shelter maintenance, overhaul, engineering, and field change services. This five-year contract is valued at up to $154 million and supports special operations forces and undersea vehicles. Oceaneering's ADTech segment has been supporting the Navy's Dry Deck Shelter program since 2002, demonstrating a commitment to safety and reliability.
Oceaneering International Wins $154 Million Navy Dry Deck Shelter Award
Oceaneering International (OII) announced that its Aerospace and Defense Technologies segment secured a $154 million contract from the U.S. Navy. The award is for Dry Deck Shelter maintenance and modernization. This news highlights the company's continued involvement in critical defense projects.
Oceaneering International Inc (OII) Stock Down 3.5% but Still Overvalued -- GF Score: 71/100
Oceaneering International Inc (OII) shares dropped 3.5% to $44.22, but GuruFocus analysis indicates the stock remains significantly overvalued, trading 57.3% above its GF Value™ of $28.11. Despite a lower current P/E ratio compared to its historical median, the GF Score™ of 71/100 highlights strong financial health and profitability, overshadowed by weaker valuation and momentum ranks. Insiders have sold $11.0 million in shares with no buying activity, suggesting a lack of confidence in the current valuation, which should caution potential investors.
Why Oceaneering International (OII) Is Back In The Spotlight
Oceaneering International (OII) is gaining attention due to projected growth in the global remote operated vehicle (ROV) market, driven by offshore energy investment and subsea technology demand. Despite recent short-term share price cooling, its long-term performance remains strong. The article discusses whether the current market valuation accurately reflects its ROV exposure and explores differing perspectives on its fair value, considering both the potential overestimation of subsea offshore demand and opportunities in aerospace/defense and high-margin robotics.
364,827 Shares in Oceaneering International, Inc. $OII Bought by Bank of America Corp DE
Bank of America Corp DE acquired 364,827 shares of Oceaneering International, Inc. (OII) during the second quarter, a new stake valued at approximately $14.8 million. Institutional investors now own 93.93% of OII, with other major firms like BlackRock and Morgan Stanley also establishing significant positions. Despite recent insider selling, Oceaneering International recently beat quarterly earnings expectations, reporting $0.63 EPS against a $0.46 consensus, though analysts maintain a "Hold" rating with a consensus price target of $45.00.
3 Small Cap Stocks With ROE Over 21%
This article identifies three under-the-radar US small-cap stocks—Oceaneering International (OII), Maximus (MMS), and HCI Group (HCI)—that exhibit strong quality metrics, particularly a Return on Equity (ROE) over 21%. These companies operate in sectors like subsea robotics, government services, and insurtech, offering unique growth drivers that larger investors often overlook. The piece suggests these stocks represent compelling opportunities for patient investors amidst a market crowding into large caps.
Press Release: Oceaneering Schedules Third Quarter 2026 Earnings Release and Conference Call
Oceaneering International, Inc. (OII) will release its third-quarter 2026 earnings after the close of markets on Wednesday, October 22, 2026. The company will also host a conference call to discuss the results on Thursday, October 23, 2026, at 10:00 AM Central Time. Investors can access the live webcast through the company's website.
3 Small Cap Stocks With ROE Over 21%
This article identifies three under-the-radar US small-cap stocks—Oceaneering International (OII), Maximus (MMS), and HCI Group (HCI)—that screen highly on quality metrics, particularly Return on Equity (ROE) over 21%. These companies operate in specialized sectors like subsea robotics, government services, and insurtech, offering resilient earnings and solid balance sheets that are often overlooked by larger investors. The article suggests that patient investors may find value in these high-quality businesses before they gain wider market attention.
Oceaneering schedules Q3FY26 earnings release for October 21
Oceaneering International (NYSE: OII) is set to release its Q3FY26 financial results on Wednesday, October 21, 2026, after the New York Stock Exchange closes. The company will host a conference call and webcast on October 22, 2026, at 11:00 am ET to discuss these results. Investors can find the earnings release and webcast link on Oceaneering’s Investor Relations website.
Oceaneering International stock holds near key market levels
Oceaneering International's stock is maintaining its position near key market levels, supported by its strong offshore services exposure and an estimated 8.8% earnings growth for 2026. This growth forecast stands out compared to some of its oilfield-services peers, highlighting positive future prospects despite the cyclical nature of the offshore industry. The company's performance remains closely tied to offshore project activity and customer spending, with its stock listed on the New York Stock Exchange under the ticker OII.
Oceaneering International Down Over 8%, on Pace for Largest Percent Decrease Since April 2025 -- Data Talk
Oceaneering International's stock is down over 8% today, marking its largest percentage decrease since April 2025. This downturn places the company on track for a significant daily loss.
Oceaneering International And 2 Quality Small Cap Stocks To Watch
This article identifies three high-quality, under-followed US small-cap stocks—Oceaneering International (OII), Maximus (MMS), and HCI Group (HCI)—that may warrant deeper research. Amid rising interest rates and inflation, the authors suggest focusing on smaller, solid businesses not yet crowded by large funds. The companies are highlighted for their unique market positions and potential for growth despite current economic pressures.
Can Oceaneering International (OII) Stay A Bargain On Cash Flow?
Oceaneering International's stock has seen significant growth, raising questions about whether its current valuation is supported by future cash flows. A Discounted Cash Flow (DCF) model suggests the current share price of US$47.68 aligns fairly closely with its projected cash flow profile. Investors should consider the company's ability to maintain strong cash generation, especially given the energy transition, and review other risk factors beyond cash flow models.
Squarepoint Ops LLC Buys 26,478 Shares of Oceaneering International, Inc. $OII
Squarepoint Ops LLC significantly increased its stake in Oceaneering International (NYSE: OII) by 74.5% during the second quarter, now holding 62,023 shares valued at approximately $2.5 million. This comes as institutional investors collectively own 93.93% of the company. Despite broad caution from analysts, Oceaneering International reported stronger-than-expected quarterly results with EPS of $0.63 and revenue of $768.18 million, exceeding consensus estimates.
Oceaneering International (NYSE:OII) Trading Down 8.6% - Should You Sell?
Oceaneering International (NYSE:OII) shares dropped 8.6% on Monday, trading at around $46.71, despite the company exceeding quarterly earnings and revenue expectations. Analyst sentiment remains cautious with an overall "Hold" rating and a consensus price target of $45, while insiders have sold a significant number of shares recently. Institutional investors have been active, with several firms buying new stakes or increasing their positions.
Oceaneering International, Inc. (OII) Presents at Gabelli Funds' 32nd Aerospace & Defense Symposium - Slideshow
Oceaneering International, Inc. (OII) presented a slide deck at Gabelli Funds' 32nd Aerospace & Defense Symposium. This article by SA Transcripts provides access to the materials shared during this event, indicating the company's engagement with investors and the aerospace and defense sector.
Oceaneering International, Inc. $OII Stock Position Decreased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
UBS Asset Management significantly reduced its stake in Oceaneering International (NYSE:OII) by 45.8% in Q2, selling 137,290 shares, though institutional investors still hold 93.93% of the company. Despite this, Oceaneering reported strong Q2 earnings, beating analyst estimates with EPS of $0.63 and revenue up 10% year-over-year. However, company insiders have also sold over $1.28 million worth of shares recently, and analysts maintain a cautious "Hold" rating with an average price target below the current stock price.
Oceaneering International (OII) Is Up 1.60% in One Week: What You Should Know
Oceaneering International (OII) has seen a positive trend, with its stock up 1.60% in one week, outperforming its industry and the S&P 500 over various periods. The company holds a Zacks Rank #2 (Buy) and a Momentum Style Score of B, supported by positive earnings estimate revisions. Investors are encouraged to consider OII as a potential near-term growth pick.
The Manufacturers Life Insurance Company Makes New $1.99 Million Investment in Oceaneering International, Inc. $OII
The Manufacturers Life Insurance Company has acquired a new position in Oceaneering International, Inc. (NYSE:OII), purchasing 49,067 shares valued at approximately $1.99 million. This investment comes as Oceaneering reported strong Q2 earnings, beating analyst estimates with $0.63 EPS and a 10% year-over-year revenue increase. Despite insider selling and a cautious "Hold" rating from analysts, institutional investors now own 93.93% of OII's outstanding shares.
Zacks Industry Outlook Highlights TechnipFMC, Oceaneering International, Inc. and Core Laboratories
The Zacks Oil and Gas- Field Services industry faces challenges due to higher debt exposure and conservative capital management by upstream players, leading to a bearish outlook. However, companies like TechnipFMC, Oceaneering International, Inc., and Core Laboratories are poised for growth despite these headwinds. The industry has outperformed the S&P 500 and the broader Oil – Energy sector over the past year.
Jupiter Topco LLC Buys Shares of 156,318 Oceaneering International, Inc. $OII
Jupiter Topco LLC recently acquired 156,318 shares of Oceaneering International (OII) in Q2, totaling approximately $6.33 million and representing 0.16% ownership. Institutional investors hold 93.93% of OII, while analysts maintain a cautious "Hold" rating with an average price target below the current stock price. Despite insider selling, Oceaneering International exceeded quarterly expectations, reporting $0.63 EPS against a $0.46 consensus and a 10% year-over-year revenue increase to $768.18 million.
Legal & General Group Plc Acquires Shares of 242,503 Oceaneering International, Inc. $OII
Legal & General Group Plc has acquired 242,503 shares of Oceaneering International, Inc. (OII) during the second quarter, valuing the stake at approximately $9.8 million and representing 0.24% of the company. Oceaneering International reported strong quarterly earnings of $0.63 per share, surpassing estimates, with revenue increasing 10% year-over-year. Despite analyst caution, with an average "Hold" rating, the stock opened at $51.73, nearing its 52-week high, while institutional investors collectively own 93.93% of the company.
Empowered Funds LLC Invests $5.43 Million in Oceaneering International, Inc. $OII
Empowered Funds LLC has acquired a significant stake in Oceaneering International, purchasing 134,103 shares valued at approximately $5.43 million, representing 0.13% ownership. This move comes as Oceaneering International exceeded its quarterly earnings and revenue expectations, despite a cautious "Hold" rating from analysts and recent insider selling. Institutional investors and hedge funds collectively own a substantial 93.93% of the company's stock.
A 49-foot drone flew 10 to 16 feet over 74.6 miles of North Sea pipeline in a single pass, parked itself on a seabed dock to recharge and dump its data, and the Navy has now bought one, built for the oil companies that paid for all of it first
Oceaneering International's 49-foot underwater drone, "Freedom," originally developed for oil companies like TotalEnergies to inspect North Sea pipelines, has been purchased by the U.S. Navy. This hybrid AUV/ROV can inspect long stretches of pipeline in a single pass, recharge on a seabed dock, and operate from onshore control centers, significantly reducing inspection time and emissions. The Navy's acquisition highlights a reversal in defense technology transfer, where commercial innovation is now informing military applications.
Van ECK Associates Corp Decreases Stock Position in Oceaneering International, Inc. $OII
Van ECK Associates Corp reduced its stake in Oceaneering International, Inc. (NYSE:OII) by 10.3% in the second quarter, selling over 211,000 shares but still retaining a significant holding worth about $75 million. The oil and gas company reported stronger-than-expected quarterly earnings and revenue, yet analyst sentiment remains cautious with an average "Hold" rating. Institutional investors collectively own a substantial 93.93% of the company, while company insiders have also sold shares recently.
Algert Global LLC Sells 399,092 Shares of Oceaneering International, Inc. $OII
Algert Global LLC significantly reduced its stake in Oceaneering International (NYSE:OII) by 88.1% in the second quarter, selling 399,092 shares and retaining 53,793 shares valued at $2.18 million. Despite this, Oceaneering International reported strong quarterly earnings of $0.63 EPS, surpassing estimates, with revenue up 10% year over year. The company's stock trades near its 12-month high, and analysts currently hold a consensus "Hold" rating with a target price of $45.00.
Capstone Investment Advisors LLC Acquires New Position in Oceaneering International, Inc. $OII
Capstone Investment Advisors LLC has acquired a new position in Oceaneering International, Inc. (NYSE:OII), purchasing 25,094 shares valued at approximately $1.02 million. This move is part of broader institutional investor activity, with Oceaneering International's stock showing a strong performance near its 12-month high after beating earnings estimates. However, insiders have recently sold shares, and analysts maintain a consensus "Hold" rating with an average price target of $45.00.
EFG International AG Acquires New Stake in Oceaneering International, Inc. $OII
EFG International AG has acquired a new stake in Oceaneering International, Inc. (NYSE:OII) by purchasing 91,994 shares valued at approximately $3.73 million, representing a 0.09% ownership. Institutional investors and hedge funds collectively hold 93.93% of OII, while analysts currently maintain a "Hold" rating with an average price target below the stock's opening price. Despite recent insider selling, Oceaneering International reported stronger-than-expected quarterly results, with EPS of $0.63 against a $0.46 consensus estimate and a 10% year-over-year revenue increase.
Astro Offshore, Oceaneering to Deliver Integrated Subsea Solutions
Astro Offshore and Oceaneering International have signed an MOU to jointly pursue and deliver integrated offshore and subsea projects. This collaboration leverages Astro Offshore's vessel capabilities and Oceaneering's ROV, survey, and project delivery expertise. To support this partnership, Astro Offshore acquired Astro Aurora, a DP3 Multipurpose Support Vessel, enhancing their ability to handle complex subsea operations.
Deutsche Bank AG Takes $4.24 Million Position in Oceaneering International, Inc. $OII
Deutsche Bank AG has acquired a new position in Oceaneering International, Inc. (NYSE:OII) by purchasing 104,689 shares valued at approximately $4.24 million in the second quarter. This move makes Deutsche Bank AG an approximate 0.11% owner of the oil and gas company. Other institutional investors have also adjusted their holdings in Oceaneering International, and analysts have recently updated their price targets and ratings for the stock.
Oceaneering International Inc (OII) Stock Down 4.8% but Still Overvalued -- GF Score: 66/100
Oceaneering International Inc (OII) stock fell 4.8% to $50.46, yet it remains significantly overvalued with a GF Value™ estimate of $27.96, indicating a lack of margin of safety. Despite a GF Score™ of 66/100 showing above-average performance, its valuation rank is 1/10, and insiders have sold $11.9 million worth of shares without any buying activity, suggesting caution for potential investors.
Oceaneering International Drops 5.7% Amid Sector-Wide Selling
Oceaneering International, Inc. experienced a 5.7% decline in its stock price, attributed to a sector-wide selling wave affecting the oil and gas equipment and services industry. This decline was not company-specific, as several other major players in the sector, including Halliburton and National Oilwell Varco, also saw significant drops. The coordinated movement suggests broader concerns among investors about the energy services space and offshore activity levels, rather than issues specific to Oceaneering.
Oceaneering International Drops 5.7% Amid Sector-Wide Selling
Oceaneering International (OII) saw its stock drop 5.7% on Monday, closing at $49.96, as part of a broader sector-wide sell-off affecting oil and gas equipment and services companies. This decline was not company-specific, with peers like Halliburton, National Oilwell Varco, Weatherford International, and Tidewater experiencing similar losses. The coordinated movement suggests investors are rotating away from the energy services sector due to broader concerns rather than any specific news related to Oceaneering.
Oceaneering Becomes Authorized Starlink Reseller
Oceaneering International, Inc. has announced its authorization as a Starlink reseller, enabling it to provide enhanced digital solutions to offshore, maritime, and industrial clients. This expansion integrates Starlink's connectivity into Oceaneering's existing portfolio, supporting remote operations, data transfer, and communication in challenging environments. The move aims to maximize the value of connected operations through a "One Oceaneering" approach, combining expertise in digital solutions, subsea robotics, and offshore services.
EP Wealth Advisors LLC Makes New $855,000 Investment in Oceaneering International, Inc. $OII
EP Wealth Advisors LLC has made a new investment of $855,000 in Oceaneering International, Inc. (NYSE:OII), acquiring 21,106 shares. This comes as institutional investors own 93.93% of the company's stock, and Oceaneering International recently surpassed quarterly earnings and revenue estimates. Despite recent insider selling, analysts generally hold a "Hold" rating for OII, with an average target price of $45.00.
Mitsubishi UFJ Asset Management Co. Ltd. Invests $2.89 Million in Oceaneering International, Inc. $OII
Mitsubishi UFJ Asset Management Co. Ltd. recently acquired 71,302 shares of Oceaneering International, Inc. (NYSE:OII) for approximately $2.89 million, representing a 0.07% stake in the company. Despite this institutional investment, analysts maintain a "Hold" rating on the stock with a consensus price target of $45.00, while Oceaneering International reported strong quarterly earnings and revenue that exceeded expectations. Insiders, however, have been selling shares, totaling over $1.27 million in transactions during the last quarter.
Why Is Oceaneering International (OII) Up 9.3% Since Last Earnings Report?
Oceaneering International (OII) shares have risen 9.3% since its last earnings report, outperforming the S&P 500. The company reported increased Q2 2026 earnings and revenues, with adjusted EBITDA up 10.9% year-over-year, driven by strong performance across most segments. Oceaneering also updated its full-year 2026 adjusted EBITDA outlook to $400 million to $440 million, maintaining a positive outlook for offshore activity.
How Investors May Respond To Oceaneering International (OII) Upgraded Full-Year Earnings Estimates
Oceaneering International (OII) has seen analysts raise full-year earnings estimates, leading to an upgraded Zacks Rank #2, reflecting improved profitability expectations. This positive shift is driven by strong Q2 2026 results and ongoing share repurchases, reinforcing the company's ability to convert offshore and robotics strengths into earnings. However, the long-term investment narrative remains cautious due to the company's reliance on cyclical offshore oil and gas spending.
Are Oils-Energy Stocks Lagging Oceaneering International (OII) This Year?
Oceaneering International (OII) has significantly outperformed the Oils-Energy sector and its specific industry year-to-date, with a 125.2% return compared to the sector's 31.2%. The company currently holds a Zacks Rank of #2 (Buy), reflecting improving analyst sentiment and a positive earnings outlook. Par Petroleum (PARR) is another strong performer in the sector, showing a 133.6% return and a Zacks Rank #1 (Strong Buy).
Are Oils-Energy Stocks Lagging Oceaneering International (OII) This Year?
Oceaneering International (OII) has significantly outperformed the Oils-Energy sector and its specific industry year-to-date, returning 125.2% compared to the sector's 31.2% average. Another strong performer is Par Petroleum (PARR), with a 133.6% return. Both companies are highlighted for their strong performance and positive analyst sentiment, making them stocks to watch within the Oils-Energy sector.
Oceaneering International (NYSE:OII) Reaches New 52-Week High - What's Next?
Oceaneering International (NYSE:OII) shares recently hit a new 52-week high of $53.98, closing at $53.81. Despite this surge, analyst sentiment remains cautious, with a consensus "Hold" rating and an average price target of $45. Insiders have also sold a significant number of shares recently, though institutional investors hold a substantial stake in the company.
Oceaneering International stock hits 52-week high at 53.98 USD
Oceaneering International (OII) stock reached a new 52-week high of $53.98, reflecting a 134.83% increase over the past year and a market capitalization of $5.36 billion. Despite this strong performance, InvestingPro data suggests the stock is overvalued. The company recently reported strong Q2 2026 results, surpassing analyst estimates with increased revenue and adjusted EBITDA, and also refinanced debt and resumed share buybacks.
Oceaneering International (OII) Is Up 8.82% in One Week: What You Should Know
Oceaneering International (OII) has seen a significant 8.82% increase in its stock price over the past week, outperforming the Zacks Oil and Gas - Field Services industry. The company holds a Zacks Rank of #2 (Buy) and a Momentum Style Score of A, driven by strong short-term and long-term price performance, favorable earnings estimate revisions, and healthy trading volume. These factors suggest OII is a promising momentum pick for investors.
Oppenheimer Asset Management Inc. Makes New $2.84 Million Investment in Oceaneering International, Inc. $OII
Oppenheimer Asset Management Inc. has initiated a new investment in Oceaneering International, Inc. (NYSE:OII), acquiring 70,143 shares valued at approximately $2.84 million during the second quarter. Despite this new stake, analysts maintain a cautious "Hold" rating for OII with an average target price of $45.00, below its current trading price of $52.08. Insiders have also sold a significant amount of shares, totaling 31,901 shares worth about $1.47 million, over the past three months.
Oceaneering International, Inc. (NYSE:OII) Given Consensus Rating of "Hold" by Brokerages
Oceaneering International, Inc. (NYSE:OII) has received a consensus "Hold" rating from brokerages, with four out of five analysts rating it neutral and one assigning a buy. The average 12-month price target is $45, below its current trading price, and the stock is near its 52-week high. Company insiders have sold shares totaling approximately $1.47 million recently, while institutional investors hold 93.93% of the company's stock.
Brown Advisory group (NYSE: OII) discloses 5.09% beneficial stake in Oceaneering
Brown Advisory Inc. and its subsidiaries have disclosed an amended 5.09% beneficial ownership stake in Oceaneering International, Inc., totaling 5,077,853 shares of common stock as of June 30, 2026. The filing, an Amendment No. 2 to Schedule 13G, indicates that voting power is held solely by the subsidiaries, while dispositive power is shared due to investment advisory and managed-account relationships. This updated disclosure highlights the group's significant holding in Oceaneering through various investment entities.
