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Oceaneering International Inc (OII.N)

OII.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Oceaneering Q4 Earnings Per Share $1.76
Thursday, 22 Feb 2018 05:01pm EST 

Feb 22 (Reuters) - Oceaneering International Inc ::OCEANEERING REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.08.Q4 EARNINGS PER SHARE $1.76.Q4 REVENUE $484 MILLION.‍AT END OF DEC 2017, ROV FLEET SIZE OF 279 VEHICLES REMAINED UNCHANGED FROM SEPT 30, 2017​.‍FLEET UTILIZATION FOR Q4 WAS 42%, DOWN FROM 50% IN Q3​.OCEANEERING INTERNATIONAL - REPORTS $189.1 MILLION NONCASH TAX BENEFIT DUE TO RECENT UNITED STATES TAX REFORM IN QUARTER.‍SUBSEA PRODUCTS BACKLOG AT DEC 31, 2017 WAS $276 MILLION, COMPARED TO SEPT 30, 2017 BACKLOG OF $284 MILLION​.Q4 EARNINGS PER SHARE VIEW $-0.10, REVENUE VIEW $435.9 MILLION -- THOMSON REUTERS I/B/E/S.‍FOR 2018, OVERALL, WE PROJECT CONSOLIDATED REVENUE TO BE DOWN SLIGHTLY​.‍FOR YEAR, ANTICIPATE GENERATING $140 MILLION TO $180 MILLION OF EBITDA​.‍FOR 2018, EXPECT ORGANIC CAPITAL EXPENDITURES TO TOTAL BETWEEN $80 MILLION AND $120 MILLION​.  Full Article

Oceaneering Announces Pricing Of Senior Notes
Thursday, 1 Feb 2018 05:04pm EST 

Feb 1 (Reuters) - Oceaneering International Inc ::OCEANEERING ANNOUNCES PRICING OF SENIOR NOTES.‍PRICING OF ITS OFFERING OF $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.000% SENIOR NOTES DUE 2028​.‍PRICING OF SENIOR NOTES DUE 2028 AT A PUBLIC OFFERING PRICE OF 100.00%​.  Full Article

Oceaneering Announces Statoil Umbilical Contract
Tuesday, 9 Jan 2018 07:01am EST 

Oceaneering International Inc ::OCEANEERING ANNOUNCES STATOIL UMBILICAL CONTRACT.OCEANEERING INTERNATIONAL INC - ‍SECURED CONTRACT FROM STATOIL PETROLEUM AS TO SUPPLY UMBILICALS FOR JOHAN CASTBERG PROJECT IN BARENTS SEA​.  Full Article

Oceaneering reports Q3 loss per share $0.02
Wednesday, 25 Oct 2017 05:01pm EDT 

Oct 25 (Reuters) - Oceaneering International Inc :Oceaneering reports third quarter 2017 results.Q3 loss per share $0.02.Q3 revenue $476 million versus I/B/E/S view $508.7 million.Q3 earnings per share view $0.03 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.02 excluding items.Oceaneering International Inc - ‍Q4 outlook has been revised downward​.Oceaneering International - ‍continue to believe co will be marginally profitable at operating income line on a consolidated basis for all of 2017​.Oceaneering International Inc - "‍believe our 2018 earnings will be significantly lower than 2017​".FY2018 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $-0.04, revenue view $473.3 million -- Thomson Reuters I/B/E/S.Oceaneering International Inc - ‍believe Q4 results will be considerably lower than adjusted Q3 results due to seasonality, reduced level of activity​.  Full Article

Oceaneering reports Q2 earnings per share $0.02
Wednesday, 26 Jul 2017 05:02pm EDT 

July 26 (Reuters) - Oceaneering International Inc :Oceaneering reports second quarter 2017 results.Q2 earnings per share $0.02.Q2 revenue $515 million versus I/B/E/S view $488.4 million.Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Oceaneering International Inc - our subsea products backlog at June 30, 2017 was $328 million, compared to our March 31, 2017 backlog of $407 million.Oceaneering International Inc says outlook for full year of 2017 has not changed.Oceaneering International Inc - overall outlook for full year of 2017 has not changed.Oceaneering International Inc - beyond 2017, we believe that oil and gas industry will continue its investment in deepwater projects.Oceaneering International Inc - "beyond 2017, foresee improving demand for our services and products".Oceaneering International Inc - for Q3 of 2017, we are expecting a sequential increase in our overall quarterly operating income.  Full Article

Oceaneering names Roderick A. Larson as CEO
Friday, 5 May 2017 04:38pm EDT 

May 5 (Reuters) - Oceaneering International Inc ::Oceaneering International -on May 5 board appointed Roderick A. Larson to serve as a Class III director, president and CEO of Oceaneering - SEC filing.Oceaneering International - in connection with Larson's appointment, compensation committee increased annual base salary rate for remainder of 2017 to $700,000.Co appointed Roderick A. Larson following retirement of M. Kevin McEvoy as chief executive officer.  Full Article

Oceaneering announces Anadarko Constellation umbilical contract
Thursday, 6 Apr 2017 07:01am EDT 

Oceaneering International Inc : Oceaneering announces Anadarko Constellation umbilical contract . Oceaneering International Inc - secured a contract from Anadarko Petroleum Corporation . Oceaneering International Inc - contract to supply umbilical for Anadarko's Constellation subsea tieback in U.S. Gulf of Mexico . Oceaneering International Inc - Oceaneering plans to design and manufacture umbilical at its facility in Panama City, Florida .Oceaneering International Inc - umbilical is expected to be tied back to Anadarko's constitution spar.  Full Article

Oceaneering International says "projecting a further decline in profitability for the full year 2017"
Tuesday, 28 Mar 2017 05:36pm EDT 

Oceaneering International Inc :Oceaneering International Inc- "projecting a further decline in profitability for the full year 2017".  Full Article

Oceaneering announces Rod Larson to succeed Kevin Mcevoy as CEO
Tuesday, 14 Feb 2017 07:17pm EST 

Oceaneering International Inc : Oceaneering announces Rod Larson to succeed Kevin Mcevoy as CEO . Oceaneering International Inc - Mcevoy will continue serving on Oceaneering's board as a class III director until at least May 2019 .Oceaneering International Inc - anticipated that Larson will join Oceaneering's board concurrent with his appointment as president and ceo.  Full Article

Oceaneering announces Rod Larson to succeed Kevin Mcevoy as CEO
Tuesday, 14 Feb 2017 06:09pm EST 

Oceaneering International Inc : Oceaneering announces Rod Larson to succeed Kevin Mcevoy as CEO . Oceaneering International Inc - Mcevoy will continue serving on Oceaneering's board as a class III director until at least May 2019 .Oceaneering International Inc - anticipated that Larson will join Oceaneering's board concurrent with his appointment as president and ceo.  Full Article

BRIEF-Oceaneering Q4 Earnings Per Share $1.76

* OCEANEERING REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS