OCEANEERING INTERNATIONAL INC. overview

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that its Aerospace and Defense Technologies (ADTech) segment has been down-selected from multiple teams and awarded a multi-year contract by the U.S. Department of Defense to design, build, test, and deliver a maritime mobility system. Rod Larson, Oceaneering’s President and Chief Executive Officer, stated: “We are pleased to have secured this contract with the Department of Defense which, at the time of award, is the...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Rod Larson is scheduled to participate at the Thrive Energy Conference in Houston, TX on March 5, where he will participate on the "Offshore Drilling & Services: What is the new world order for offshore?” panel and meet with institutional investors. Mr. Larson will also attend the Pickering Energy Partners Gulf of America & Offshore Services Deep Dive Conference in New Orleans,...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported fourth quarter and full year 2024 results. Fourth Quarter 2024 Results Revenue of $713 million, a 9% increase year over year Operating income of $77.9 million, a 64% increase year over year Net income of $56.1 million, a 26% increase year over year Adjusted EBITDA of $102 million, a 35% increase year over year Cash flow provided by operating activities of $128 million and free cash flow of $94.5 million, with an ending...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that members of management will participate at the J.P. Morgan Global Leveraged Finance Conference on Tuesday, February 25. Chief Financial Officer Alan R. Curtis will make a presentation, and Mr. Curtis and Hilary Frisbie, Senior Director Investor Relations, will also meet with institutional investors. The conference handout will be available on the Investor Relations page of Oceaneering's website at www.oceaneering.com...

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the fourth quarter and full year of 2024 on Wednesday, February 19, 2025, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering’s website at oceaneering.com . Oceaneering has scheduled a conference call and webcast related to its fourth quarter and full year 2024 results and outlook for fiscal year 2025 for Thursday,...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Rod Larson will participate on the Goldman Sachs Global Energy Conference panel "Differentiating in the Oilfield with Specialized Services." Mr. Larson, Senior Vice President and Chief Financial Officer Alan R. Curtis, and Investor Relations Senior Director Hilary Frisbie will also meet with institutional investors at the conference to be held in Miami, FL on Tuesday, January 7,...

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced the appointment of William Merz to succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies (“ADTech”), effective January 1, 2025. In his new role, Mr. Merz will have global responsibility for Oceaneering’s ADTech business segment. Mr. Merz joined Oceaneering in January 2024 as Vice President of Operations, Aerospace and Defense Technologies. Prior to joining Oceaneering, Mr. Merz had a...

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced the promotion of Benjamin M. Laura to Senior Vice President and Chief Operating Officer (“COO”), effective January 1, 2025. Mr. Laura currently serves as Oceaneering’s Senior Vice President and Chief Innovation Officer, a position he has held since 2022. He joined Oceaneering in 2014 as Director, Subsea Services, and has held roles with progressively more responsibility during his tenure. Before joining Oceaneering,...