Welcome to our dedicated page for Oceaneering Intl news (Ticker: OII), a resource for investors and traders seeking the latest updates and insights on Oceaneering Intl stock.
Oceaneering International Inc. (OII) delivers advanced engineered solutions for subsea robotics, offshore energy, and aerospace industries. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and technological innovations.
Track official press releases, strategic partnerships, and operational milestones across Oceaneering's core segments. Key updates include subsea robotics advancements, offshore project executions, aerospace/defense contracts, and integrity management solutions. All content is sourced directly from company filings and verified industry publications.
Bookmark this page for consolidated access to earnings reports, product launches, and market positioning updates. Our neutral presentation ensures you receive factual information without promotional bias, supporting informed analysis of OII's evolving role in complex engineering sectors.
Oceaneering (NYSE: OII) announced that Michael W. Sumruld will become Senior Vice President and Chief Financial Officer effective January 1, 2026. He succeeds Alan R. Curtis, who will retire on the same date and remain in an advisory capacity to support a smooth transition.
Oceaneering said Sumruld has integrated with the leadership team and is engaged with operations to continue and advance the company's financial strategy. Rod Larson, president and CEO, thanked Curtis for his leadership. Oceaneering provides engineered services, products, and robotic solutions for offshore energy, defense, aerospace, and manufacturing.
Oceaneering (NYSE:OII) announced that Roger Jenkins has been elected to its Board of Directors as an independent, non-executive director in Class III, effective January 1, 2026. His initial term runs until Oceaneering’s Annual Meeting of Shareholders in 2028.
Mr. Jenkins served as President and CEO of Murphy Oil from 2013–2024, worked at Texaco from 1984–2001, and currently serves on the board of Regions Financial Corporation (member of Risk and Technology Committees). He has held prior board roles at Murphy Oil, Noble, and the LSU Foundation (Chair 2022–2024). He holds a B.S. in petroleum engineering from LSU and an MBA from Tulane.
Oceaneering (NYSE:OII) said President and CEO Rod Larson and management will meet with institutional investors at the Goldman Sachs Global Energy, CleanTech & Utilities Conference in Miami on January 6, 2026.
Investors can find Oceaneering’s most recent presentations on the company's Investor Relations page at www.oceaneering.com. Oceaneering provides engineered services, products and robotic solutions for offshore energy, defense, aerospace and manufacturing.
Oceaneering (NYSE:OII) announced participation in multiple investor conferences in Q4 2025, including the Bank of America Securities Global Energy Conference in Houston on Nov 11, 2025, the Baird Defense & Government Conference in Tysons Corner on Nov 18, 2025, and the TD Cowen Energy Conference in New York on Nov 18–19, 2025.
Executives scheduled to meet investors or present include Alan Curtis (CFO), Hilary Frisbie (Senior Director, Investor Relations), Rod Larson (CEO), and Bill Merz (SVP, ADTech). Presentations and meetings will cover ADTech, autonomous maritime, and offshore services.
Oceaneering said its most recent presentation is available on its Investor Relations website and provided contact details for investor relations.
Oceaneering (NYSE:OII) announced that its Offshore Projects Group was awarded a riserless light well intervention (RLWI) contract by bp Exploration (Caspian Sea) Ltd. for multi-well operations in the Azeri-Chirag-Deepwater Gunashli (ACG) oilfield in the Caspian Sea. Oceaneering will deploy one of its deepwater RLWI systems integrated onto a customer-provided subsea construction vessel and provide project management, engineering, and systems integration using local and international personnel.
Engineering and premobilization have started, and field operations are expected to begin in Q4 2025. The release notes these are forward-looking statements and refers investors to Oceaneering’s SEC filings for risks.
Oceaneering (NYSE:OII) reported Q3 2025 results: revenue $742.9M (+9% vs Q3 2024), operating income $86.5M (+21%), net income $71.3M (+73%), and adjusted EBITDA $111M (+13%).
Cash flow from operations was $101M, free cash flow $77.0M, and ending cash was $506M. The company repurchased 440,814 shares for ~$10.1M. Inbound orders totaled $854M and backlog was $568M at Sept 30, 2025.
Q4 2025 consolidated EBITDA is estimated at $80M–$90M. Initial full-year 2026 consolidated EBITDA guidance is $390M–$440M, with free cash flow expected to be consistent with 2025 and share repurchases continuing.
Oceaneering (NYSE:OII) has scheduled its third quarter 2025 earnings release for Wednesday, October 22, 2025, after the NYSE market close. The company will host a conference call and webcast to discuss the results on Thursday, October 23, 2025, at 10:00 a.m. Central Time.
The earnings release will be accessible on Oceaneering's website, and a webcast link will be available in the Investor Relations section. A replay of the conference call will be made available approximately two hours after the live call concludes.
Oceaneering (NYSE:OII) has secured multiple Subsea Robotics contracts worth approximately $180 million from Petrobras through its Brazilian subsidiary. The contracts, awarded in Q2 2025, involve providing work class ROV services, specialized tooling packages, and survey services for Petrobras' offshore projects in Brazil.
The four-year contracts include options for extension and will commence between Q3 2025 and Q1 2026. The scope encompasses ROV support for inspection, maintenance, repair, decommissioning activities, surface and subsea positioning, FPSO hook-ups, mooring inspections, and pile installations.
Oceaneering (NYSE:OII) announced its participation in the upcoming Barclays CEO Energy-Power Conference, where President and CEO Roderick A. Larson will join a panel discussion focused on Offshore Services on September 3, 2025.
The company's management team will also conduct meetings with institutional investors during the event. Investors can access Oceaneering's latest quarterly presentation through the company's Investor Relations webpage.
Oceaneering (NYSE:OII) has secured a significant IDIQ contract from NAVSUP WSS for the U.S. Navy's Corporate Component Repair Program. The contract, valued at up to $86 million, focuses on repairing valves and actuators for Virginia-class and Los Angeles-class submarines.
The agreement includes a two-year initial term with three additional option years. Oceaneering, one of three suppliers selected, will continue its eight-year track record of supporting the CCRP program, performing work at its facilities. The contract will be funded through Navy Working Capital Funds.
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