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.
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.
Oceaneering's segment wins $33 million Navy contract, boosting its role in the Virginia Class Submarine support program.
OII secures key subsea services contract to deploy the Harvey Deep Sea vessel and deliver high-quality IMR services in the Gulf of Mexico.
OII wins $33 million Navy contract to supply key components for Virginia-class submarines through 2030.
Oceaneering International (OII) reported earnings 30 days ago. What's next for the stock?
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.
Beam Global (NYSE:OII ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Hilary Frisbie - Senior Director-IR Rod Larson - President and CEO Alan Curtis - SVP and CFO Conference Call Participants David Smith - Pickering Energy Partners Eddie Kim - Barclays Colby Sasso - Daniel Energy Partners Operator Welcome to Oceaneering's First Quarter 2025 Earnings Conference Call. My name is Julianne, and I will be your conference operator.
OII expects full-year 2025 EBITDA to be in the range of $380 million to $430 million and its free cash flow to be between $110 million and $130 million.
Oceaneering International (OII) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.14 per share a year ago.