OCEANEERING INTERNATIONAL INC. overview

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,...

Infinite Acquisitions Partners LLC (“Infinite”) today announced it has entered into a nonbinding letter of intent (“LOI”) with Oceaneering International, Inc. (“OII”) for Infinite to acquire Oceaneering Entertainment Systems (OES) from OII through an acquisition of assets. In addition, Infinite and Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond”), a visionary leader in innovative and immersive storytelling through Falcon’s Creative Group, Falcon’s Beyond...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $19.0 million, or $0.19 per share, on revenue of $598 million for the three months ended June 30, 2023. Adjusted net income was $18.7 million, or $0.18 per share, reflecting the impact of $4.8 million of pre-tax adjustments associated with foreign exchange losses recognized during the quarter, $(2.3) million tax effect on adjustments associated with foreign exchange losses and $(2.8) million of discrete tax...

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that it will report financial results for the second quarter of 2023 on Wednesday, July 26, 2023, after the close of trading on the New York Stock Exchange. The earnings release will be available on Oceaneering’s website at oceaneering.com . The previously announced conference call and webcast related to the second quarter results has been rescheduled to 11:00 a.m. Central Time on Thursday, July 27, 2023. Interested...

Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announces that it will report financial results for the second quarter of 2023 on Wednesday, July 26, 2023, 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 also scheduled a conference call and webcast related to its second quarter results for Thursday, July 27, 2023, at 10:00 a.m. Central Time. Interested parties may...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Roderick A. Larson will make a presentation at the J.P. Morgan Energy, Power & Renewables Conference in New York on Wednesday, June 21, 2023. Senior Vice President and Chief Financial Officer Alan R. Curtis and Vice President of Corporate Development and Investor Relations, Mark Peterson, will also meet with institutional investors. Oceaneering’s First Quarter 2023 Investor...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that President and Chief Executive Officer Roderick A. Larson will be a panelist on the Offshore Service Panel at the CITI Energy and Climate Technology Conference in Boston on Tuesday, May 9, 2023. Chief Financial Officer, Alan R. Curtis, and Vice President of Corporate Development and Investor Relations, Mark Peterson, will also meet with institutional investors attending the conference. The First Quarter Investor...

Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $4.1 million, or $0.04 per share, on revenue of $537 million for the three months ended March 31, 2023. Adjusted net income was $5.4 million, or $0.05 per share, reflecting the impact of $0.3 million of pre-tax adjustments associated with foreign exchange gains recognized during the quarter and $1.5 million of discrete tax adjustments, primarily due to changes in valuation allowances and share-based...