Oceaneering International (OII) Projected to Announce Earnings on Wednesday

Oceaneering International (NYSE:OII) is projected to issue its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Oceaneering International to announce earnings of $0.5930 per share and revenue of $775.93 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Oceaneering International (NYSE:OII) last issued its quarterly earnings data on Wednesday, July 22nd. The oil and gas company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.46 by $0.17. Oceaneering International had a net margin of 12.19% and a return on equity of 18.40%. The company had revenue of $768.18 million during the quarter, compared to analysts’ expectations of $735.69 million. During the same quarter in the previous year, the company earned $0.49 earnings per share. Oceaneering International’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts expect Oceaneering International to post $2.10 EPS for the current fiscal year and $2.65 EPS for the next fiscal year.

Oceaneering International Stock Performance

NYSE OII opened at $44.51 on Tuesday. Oceaneering International has a 1 year low of $22.13 and a 1 year high of $54.25. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.18 and a quick ratio of 1.90. The stock has a market capitalization of $4.43 billion, a PE ratio of 12.79 and a beta of 1.25. The company’s 50 day simple moving average is $48.16 and its two-hundred day simple moving average is $42.86.

Wall Street Analysts Forecast Growth

OII has been the topic of several research analyst reports. Weiss Ratings cut shares of Oceaneering International from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. Barclays lifted their price objective on Oceaneering International from $39.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Zacks Research raised Oceaneering International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Wall Street Zen upgraded Oceaneering International from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Citigroup boosted their target price on Oceaneering International from $40.00 to $52.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $45.00.

Insider Buying and Selling at Oceaneering International

In other Oceaneering International news, CEO Roderick Larson sold 6,000 shares of Oceaneering International stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $44.16, for a total transaction of $264,960.00. Following the completion of the sale, the chief executive officer directly owned 391,279 shares in the company, valued at $17,278,880.64. The trade was a 1.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director M. McEvoy sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $47.92, for a total transaction of $143,760.00. Following the completion of the transaction, the director directly owned 134,133 shares of the company’s stock, valued at approximately $6,427,653.36. This represents a 2.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,901 shares of company stock valued at $1,542,864 over the last quarter. Company insiders own 1.30% of the company’s stock.

About Oceaneering International

Oceaneering International, Inc is a Houston-based global engineering and technology company that provides services, equipment and applied technologies for the energy, defense, aerospace and industrial markets. The company is best known for its subsea capabilities, including remotely operated vehicles, subsea engineering, inspection, maintenance, repair and installation services, and specialized products used in offshore oil and gas operations.

Oceaneering also develops advanced technologies for government and commercial customers.