reports
Oceaneering Reports First Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $15.1 million, or $0.15 per share, on revenue of $599 million for the three months ended March 31, 2024. Adjusted net income was $13.9 million, or $0.14 per share, reflecting the positive impact of $(2.2) million in foreign exchange gains, and the associated $0.8 million of tax effects, along with $0.2 million of expenses related to discrete tax adjustments. Summary of Results (in thousands, except per share amounts) ...
Oceaneering Reschedules Time of First Quarter 2024 Earnings Conference...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that it will report financial results for the first quarter of 2024 on Wednesday, April 24, 2024, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering’s website at . The previously announced conference call and webcast related to the first quarter results has been rescheduled to 9:00 a.m. Central Time on Thursday, April 25, 2024. Interested parties may listen to the call through a webcast link posted in the Investor Relations section of O...
Oceaneering to Host Investor & Analyst Day, May 9, 2024
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (NYSE:OII) announced today that it will host an invitation-only Investor & Analyst Day, Thursday, May 9, 2024 in Houston, Texas. Presentations will feature Oceaneering’s 60 years of innovative technology. The presentation handout will be available on the Investor Relations page of Oceaneering's website at after market close on Wednesday, May 8, 2024. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainme...
Oceaneering Announces Dates for First Quarter 2024 Earnings Release an...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the first quarter of 2024 on Wednesday, April 24, 2024, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering’s website at . Oceaneering has scheduled a conference call and webcast related to its first quarter results for Thursday, April 25, 2024, at 10:00 a.m. Central Time. Interested parties may listen to the call through a webcast link posted in the Investor Relations section of Oceaneering’s we...
Oceaneering to Participate at Investor Conferences: Annual Roth Confer...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer, Rod Larson, will participate on the Roth Conference panel "Oilfield Services/Oilfield Technology: Beyond Barrels: Exploring the Cross-Industry Impact of OFS/OFT in Emerging Industrial Markets." Mr. Larson will also meet with institutional investors at the 36th Annual Roth Conference on Monday, March 18, in Dana Point, CA and at the 24th Annual Piper Sandler Energy Conference on Tuesday, March 19, in Las Vegas, NV. The most recent Investor Presentat...
Oceaneering Appoints New Member to Its Board of Directors
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (NYSE: OII) today announced that Ms. Reema Poddar has been elected to its Board of Directors as an independent, non-executive director in Class I, effective as of February 22, 2024. Ms. Poddar has also been appointed to the Nominating, Corporate Governance and Sustainability Committee of the Board. Her initial term of office will extend until Oceaneering’s Annual Meeting of Shareholders in 2026. Ms. Poddar has 30 years of software industry experience, including product strategy, product development and digital business transformation...
Oceaneering Reports Fourth Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $44.5 million, or $0.43 per share, on revenue of $655 million for the three months ended December 31, 2023. Adjusted net income was $19.4 million, or $0.19 per share, reflecting the impact of $(23.7) million benefit from discrete tax adjustments, primarily due to changes in valuation allowances, uncertain tax positions and prior year estimates; $2.3 million of pre-tax adjustments associated with foreign exchange gains recognized during the quarter; and $0.9 million tax effect on a...
Oceaneering to Participate at Investor Conferences: J.P. Morgan Global...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that Vice President, Corporate Development and Investor Relations, Mark Peterson, and Senior Director, Investor Relations, Hilary Frisbie, will meet with institutional investors in Miami, FL at the J.P. Morgan Global High Yield & Leveraged Finance Conference on Tuesday, February 27 and the Scotiabank Energy & Power Conference on Wednesday, February 28, 2024. The conference handout will be available on the Investor Relations page of Oceaneering's website at after market close on Monday, Febr...
Oceaneering's Manufactured Products Segment Books Contracts of Approxi...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (NYSE:OII) announced that its Manufactured Products segment won multiple contracts during the fourth quarter of 2023, with anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts, primarily with international oil and gas operators and marine construction companies, range in value from less than $10 million to greater than $100 million. There are two contracts that constitute a considerable portion of the forecasted value. One is for a large, high-quality, greenfield development locat...
Oceaneering Announces Dates for Fourth Quarter 2023 Earnings Release a...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the fourth quarter of 2023 on Thursday, February 22, 2024, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering’s website at . Oceaneering has scheduled a conference call and webcast related to its fourth quarter results for Friday, February 23, 2024, at 10:00 a.m. Central Time. Interested parties may listen to the call through a webcast link posted in the Investor Relations section of Oceaneering...
Oceaneering Appoints Hilary Frisbie as Senior Director, Investor Relat...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that Hilary Frisbie has been appointed to succeed Mark Peterson as Senior Director, Investor Relations, effective January 10, 2024. Ms. Frisbie joined Oceaneering’s legal department in 2011 and has served most recently as Associate General Counsel. She has led Oceaneering’s global contracting programs, including initiatives on contract risk management, market entry, and compliance. Prior to joining Oceaneering, she practiced law with a private law firm. Ms. Frisbie received her law degree from The...
Oceaneering Announces Release of 2023 Task Force on Climate-Related Fi...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (Oceaneering) (NYSE:OII) today announced that it has released its 2023 Task Force on Climate-Related Financial Disclosures (TCFD) Report. The updated report aligns with the framework developed by the Task Force on Climate-Related Financial Disclosures and includes analysis and progress updates across each of the four TCFD pillars: Governance, Strategy, Risk Management, and Metrics and Targets. Oceaneering’s 2023 TCFD Report outlines the company’s continued commitment to managing the risks and opportunities from climate change and est...
Oceaneering to Participate in the 2023 Capital One Securities Energy C...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that company representatives will participate in investor meetings at the Capital One Securities Energy Conference on Tuesday, December 5, 2023 in Houston, TX. Oceaneering’s third quarter 2023 Investor Presentation is available on the Investor Relations page of Oceaneering's website at . Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. For m...
Oceaneering Announces the Promotion of Catherine E. Dunn to Vice Presi...
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced the promotion of Catherine E. Dunn to Vice President and Chief Accounting Officer (“CAO”), effective December 1, 2023. Mrs. Dunn joined Oceaneering in June 2002 and has served as Corporate Controller since January 2012. Her career includes significant financial and public accounting experience in the energy industry. Prior to joining Oceaneering, Mrs. Dunn was with Arthur Anderson. Mrs. Dunn holds a Bachelor’s degree in Accounting from Louisiana State University and is a Certified Public Accountan...
Oceaneering to Present at Baird's 2023 Global Industrial Conference
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that Senior Vice President and Chief Financial Officer Alan R. Curtis will make a presentation at Baird’s Global Industrial Conference in Chicago on Tuesday, November 7, 2023. Oceaneering representatives will also meet with institutional investors. Oceaneering’s third quarter 2023 Investor Presentation will be available on the Investor Relations page of Oceaneering's website at after market close on Monday, November 6, 2023. Oceaneering is a global technology company delivering engineered...
Oceaneering Reports Third Quarter 2023 Results
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $29.8 million, or $0.29 per share, on revenue of $635 million for the three months ended September 30, 2023. Adjusted net income was $38.5 million, or $0.38 per share, reflecting the impact of $(0.9) million of pre-tax adjustments associated with foreign exchange gains recognized during the quarter, $0.6 million tax effect on adjustments associated with foreign exchange gains and $9.0 million of discrete tax adjustments, primarily due to changes in valuation allowances, uncertain ...
Oceaneering Announces Petrobras Drill Pipe Riser Systems Contract
HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that one of its wholly owned subsidiaries, Marine Production Systems do Brasil Ltda., has secured a five-year contract from Petróleo Brasileiro S.A. (“Petrobras”) for the operation of three existing drill pipe riser (“DPR”) systems to support intervention and completion operations in Brazil. Petrobras also has the option to add a fourth DPR system by notifying Oceaneering prior to mid-December 2023. The contract value could be worth up to $75 million in revenue during the five-year contract period. ...
Oceaneering International Inc: 2 directors
Two Directors at Oceaneering International Inc sold 45,611 shares at between 26.010USD and 26.482USD. The significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direc...
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