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
Website
CEO
Roderick Larson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
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
Latest filings (excl ownership)
8-K
Oceaneering Announces Private Offering of $200 Million of Senior Notes
20 Sep 23
8-K
Regulation FD Disclosure
30 Aug 23
10-Q
2023 Q2
Quarterly report
28 Jul 23
8-K
Oceaneering Reports Second Quarter 2023 Results
26 Jul 23
8-K
Departure of Directors or Certain Officers
10 Jul 23
SD
Conflict minerals disclosure
31 May 23
8-K
Submission of Matters to a Vote of Security Holders
17 May 23
8-K
Regulation FD Disclosure
5 May 23
10-Q
2023 Q1
Quarterly report
28 Apr 23
8-K
Oceaneering Reports First Quarter 2023 Results
26 Apr 23
Transcripts
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
OII
Earnings call transcript
2022 Q1
30 Apr 22
OII
Earnings call transcript
2021 Q4
25 Feb 22
OII
Earnings call transcript
2021 Q3
28 Oct 21
OII
Earnings call transcript
2021 Q2
29 Jul 21
OII
Earnings call transcript
2021 Q1
30 Apr 21
Latest ownership filings
4
CHRISTOPHER J DYER
8 Aug 23
144
Notice of proposed sale of securities
4 Aug 23
11-K
Annual report of employee stock purchases
23 Jun 23
4
DEANNA L GOODWIN
16 May 23
4
M KEVIN MCEVOY
16 May 23
144
Notice of proposed sale of securities
15 May 23
4
Earl Childress
3 Apr 23
144
Notice of proposed sale of securities
30 Mar 23
4
Karen H Beachy
29 Mar 23
144
Notice of proposed sale of securities
28 Mar 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| 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) | 504.02 mm | 504.02 mm | 504.02 mm | 504.02 mm | 504.02 mm | 504.02 mm |
| Cash burn (monthly) | 319.33 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 868.73 k | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 503.15 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 1575.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
91.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 216 |
| Opened positions | 25 |
| Closed positions | 32 |
| Increased positions | 66 |
| Reduced positions | 84 |
| 13F shares | Current |
|---|---|
| Total value | 1.66 tn |
| Total shares | 91.96 mm |
| Total puts | 21.80 k |
| Total calls | 186.50 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 16.02 mm | $299.64 bn |
| Vanguard | 12.24 mm | $228.95 bn |
| Earnest Partners | 5.17 mm | $96.76 bn |
| Neuberger Berman | 4.88 mm | $91.29 bn |
| STT State Street | 4.49 mm | $83.98 bn |
| FMR | 3.73 mm | $69.79 bn |
| Brown Advisory | 3.10 mm | $58.01 bn |
| Dimensional Fund Advisors | 3.00 mm | $56.03 bn |
| Van Eck Associates | 2.52 mm | $47.17 mm |
| Sourcerock | 2.23 mm | $41.67 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Aug 23 | Christopher J Dyer | Common Stock | Sell | Dispose S | No | No | 21.5 | 518 | 11.14 k | 12,601 |
| 4 Aug 23 | Christopher J Dyer | Common Stock | Sell | Dispose S | No | No | 21.49 | 4,282 | 92.02 k | 13,119 |
| 16 May 23 | M Kevin Mcevoy | Common Stock | Grant | Acquire A | No | No | 0 | 4,651 | 0.00 | 138,530 |
| 15 May 23 | Deanna L Goodwin | Common Stock | Sell | Dispose S | No | No | 16.573 | 48,303 | 800.53 k | 19,899 |
| 30 Mar 23 | Earl Childress | Common Stock | Sell | Dispose S | No | No | 17.498 | 9,251 | 161.87 k | 79,391 |
| 28 Mar 23 | Karen H Beachy | Common Stock | Sell | Dispose S | No | No | 17.59 | 100 | 1.76 k | 30,386 |
| 28 Mar 23 | Karen H Beachy | Common Stock | Sell | Dispose S | No | No | 17.58 | 9,400 | 165.25 k | 30,486 |
News
Oceaneering Announces Private Offering of $200M of Senior Notes
20 Sep 23
NIO, XPeng, MongoDB And Other Big Stocks Moving Higher On Friday
1 Sep 23
Citigroup Maintains Buy on Oceaneering International, Raises Price Target to $27
11 Aug 23
Why Willis Towers Watson Shares Are Trading Lower By 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
27 Jul 23
Benchmark Reiterates Buy on Oceaneering International, Maintains $25 Price Target
27 Jul 23
Press releases
Oceaneering Announces Private Offering of $200 Million of Senior Notes
20 Sep 23
Oceaneering Announces Cash Tender Offer for Any and All of its Outstanding 4.650% Senior Notes due 2024
20 Sep 23
Oceaneering Awarded International Contracts for Offshore Projects Group: Angola Block 17, Girassol Life Extension Project and Stabroek Block, Offshore Guyana
31 Aug 23
Oceaneering to Participate at the Barclays CEO Energy-Power Conference
30 Aug 23
Oceaneering Reports Second Quarter 2023 Results
26 Jul 23