Oceaneering International (OII)

Company Profile

oceaneering pushes the frontiers of deep water, space and motion entertainment environments to execute with new, leading-edge connections to solve tomorrow’s challenges, today. as the trusted subsea connection specialist, our experience combined with the depth and breadth of our portfolio of technologies allows us to engineer solutions for the most complex subsea challenges. from routine to extreme, our integrated products, services, and innovative solutions safely de-risk operational systems, increase reliability, and enable a lower total cost of ownership. we are connecting what’s needed with what’s next as the world’s largest rov operator and the leading rov provider to the oil and gas industry with over 300 systems operating worldwide. with our safety-focused and innovative approach, we responsively and decisively react to subsea challenges while providing solutions swiftly and efficiently.

Company profile

Ticker

OII

Exchange

NYSE

Website

www.oceaneering.com/

CEO

Roderick Larson

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Manufacturing > Oil and Gas Field Machinery and Equipment Manufacturing

Industry (SIC)

Oil & Gas Field Services, NEC

Schlumberger Limited • Halliburton • Helix Energy Solutions • Key Energy Services • Expro • RPC • Basic Energy Services • Aris Water Solutions • Liberty Energy • Mammoth Energy Services ...

SEC CIK

0000073756

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Oceaneering Angola, S.A. • Marine Production Systems Do Brasil Ltda. • Marine Production Systems, Ltd. • Oceaneering Canada Limited • C & C Technologies, Inc. • Oceaneering Holdings Sarl • Oceaneering International Holdings Sarl • Oceaneering Luxembourg Sarl • Oceaneering Services (Malaysia) Sdn Bhd • Oceaneering Mobile Robotics B.V. ...

IRS number

952628227

OII stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

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8-K

Regulation FD Disclosure

26 Jul 24

Oceaneering Reports Second Quarter 2024 Results

24 Jul 24

Conflict minerals disclosure

31 May 24

8-K

Submission of Matters to a Vote of Security Holders

26 Apr 24

Oceaneering Reports First Quarter 2024 Results

24 Apr 24

ARS

2023 FY

Annual report to shareholders

Oceaneering Appoints New Member to Its Board of Directors

27 Feb 24

Transcripts

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OII

Earnings call transcript

2024 Q2

25 Jul 24

OII

Earnings call transcript

2024 Q1

25 Apr 24

OII

Earnings call transcript

2023 Q4

23 Feb 24

OII

Earnings call transcript

2023 Q3

26 Oct 23

OII

Earnings call transcript

2023 Q2

27 Jul 23

OII

Earnings call transcript

2023 Q2

27 Jul 23

OII

Earnings call transcript

2023 Q1

27 Apr 23

OII

Earnings call transcript

2022 Q4

24 Feb 23

OII

Earnings call transcript

2022 Q3

27 Oct 22

OII

Earnings call transcript

2022 Q2

28 Jul 22

Latest ownership filings

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Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

8 Aug 24

11-K

Annual report of employee stock purchases

Financial summary

Financial statements Chart OII financial data

Quarter (USD)	Jun 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	382.87 mm	382.87 mm	382.87 mm	382.87 mm	382.87 mm	382.87 mm
Cash burn (monthly)	(no burn)	10.10 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	23.09 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	359.78 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	35.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

OII institutional ownership history Ownership history

98.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	234	225	+4.0%
Opened positions	38	84	-54.8%
Closed positions	29	27	+7.4%
Increased positions	86	52	+65.4%
Reduced positions	78	62	+25.8%

13F shares	Current	Prev Q	Change
Total value	2.23 tn	2.05 tn	+8.5%
Total shares	100.07 mm	93.73 mm	+6.8%
Total puts	167.00 k	67.10 k	+148.9%
Total calls	28.10 k	37.70 k	-25.5%
Total put/call ratio	5.9	1.8	+233.9%

Largest owners	Shares	Value	Change
BLK BlackRock	15.81 mm	$374.10 bn	-0.6%
Vanguard	12.51 mm	$295.87 bn	-0.6%
Earnest Partners	6.37 mm	$150.60 bn	+21.0%
STT State Street	5.11 mm	$120.99 bn	+5.1%
Neuberger Berman	4.76 mm	$112.55 bn	-2.2%
Brown Advisory	3.34 mm	$79.04 bn	+73.7%
Sourcerock	2.86 mm	$67.67 bn	+30.1%
FMR	2.86 mm	$67.65 bn	-21.2%
Dimensional Fund Advisors	2.71 mm	$64.00 bn	+1.7%
Geode Capital Management	2.25 mm	$53.31 bn	+3.3%

Largest transactions	Shares	Bought/sold	Change
Brown Advisory	3.34 mm	+1.42 mm	+73.7%
Charles Schwab Investment Management	1.22 mm	+1.22 mm	NEW
Earnest Partners	6.37 mm	+1.11 mm	+21.0%
New York State Common Retirement Fund	1.94 mm	+973.15 k	+100.7%
FMR	2.86 mm	-768.03 k	-21.2%
Ranger Investment Management	675.88 k	+675.88 k	NEW
Sourcerock	2.86 mm	+661.97 k	+30.1%
Norges Bank	490.39 k	+490.39 k	NEW
Van Eck Associates	1.64 mm	-431.93 k	-20.8%
BK The Bank of New York Mellon Corporation	2.05 mm	-347.89 k	-14.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

OII insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Aug 24	Philip G Beierl	Common Stock	Discretionary	Dispose I	Yes	No	27.06	32,641	883.27 k	0
20 Aug 24	M Kevin Mcevoy	Common Stock	Sell	Dispose S	No	No	26.12	9,675	252.71 k	141,837
15 Aug 24	Alan R Curtis	Common Stock	Sell	Dispose S	No	No	27.32	21,070	575.63 k	154,144
8 Aug 24	Earl Childress	Common Stock	Sell	Dispose S	No	No	25.7	10,000	257.00 k	57,351
23 Jun 24	Benjamin Laura	Common Stock	Payment of exercise	Dispose F	No	No	22.02	3,626	79.84 k	69,859