Highest-materiality recent filing
Oceaneering prices $500M 6.875% senior notes due 2034 to refinance 6% 2028 notes
Issues $500M aggregate principal of 6.875% Senior Notes due 2034 in private placement at par.
Proposed $500M principal amount of senior notes due 2034 in private placement.
Oceaneering Q1 net income down 28% to $36.1M; adj. EBITDA within guidance
Revenue $692M (+3% YoY); operating income $57.8M (-21%); net income $36.1M (-28%).
Q4 revenue $669M (-6% YoY), operating income $65.4M (-16%), adjusted EBITDA $90.5M (-11%).
Oceaneering Q3 2025: Revenue +9% to $743M, Net Income +73% to $71.3M
Revenue rose 9% to $743M; operating income up 21% to $86.5M; net income up 73% to $71.3M.
Oceaneering posts Q2 2025 revenue of $642M, net income $38M, adj. EBITDA $103M
Q2 2025 revenue $642M, up 4% YoY; net income $38M ($0.38 diluted EPS).
Revenue $698M (+4% YoY), operating income $79.2M (+31%), net income $54.4M (+56%), adjusted EBITDA $103M (+20%).
Oceaneering announces CFO succession; Alan Curtis to retire Jan 1, 2026, Michael Sumruld to succeed
Alan R. Curtis to retire as CFO effective Jan 1, 2026; served as CFO since 2015.
Oceaneering Q1 net income $50.4M (+233% YoY), revenue $675M (+13%), EBITDA $96.7M
Revenue $675M (+13% YoY), op income $73.5M (+100%), net income $50.4M (+233%).
Oceaneering Q4 2024 beats; revenue $713M, adj EBITDA $102M; FY25 EBITDA guidance $380M-$430M
Q4 revenue $713M (+9% YoY), operating income $77.9M (+64%), net income $56.1M (+26%), adj EBITDA $102M (+35%).
Oceaneering Q3 net income $41.2M ($0.40 EPS); raises FY 2024 adj. EBITDA guidance to $340M-$350M
Net income $41.2M, diluted EPS $0.40; adjusted EPS $0.36 on revenue $680M.
Net income $35.0M ($0.34 diluted EPS); adjusted net income $28.6M ($0.28 adjusted EPS).
Oceaneering Q1 net income $15.1M; adj. EPS $0.14; FY guidance reaffirmed
Revenue $599M, up 12% YoY; operating income $36.7M, up 37% YoY.
Oceaneering Q4 net income $44.5M, 2023 revenue up 17% to $2.42B, guides 2024 EBITDA $330M-$380M
Q4 net income $44.5M ($0.43 diluted EPS); adjusted net income $19.4M ($0.19 EPS).
Net income $29.8M ($0.29/diluted EPS); revenue $635M; adjusted net income $38.5M ($0.38/sh).
Oceaneering prices $200M add-on to 6.000% Senior Notes due 2028 at 91.5% of par
Issued $200M additional 6.000% Senior Notes due 2028, priced at 91.5% of par plus accrued interest.
Oceaneering Q2 net income $19M; raises 2023 adjusted EBITDA and FCF guidance
Q2 revenue $598M, up 14% YoY and 11% sequentially; operating income $49.2M, highest since 2015.
Oceaneering Q1 net income $4.1M, revenue $537M; affirms FY 2023 guidance
Net income $4.1M ($0.04 diluted EPS); adjusted EPS $0.05; revenue $537M, up 20% YoY.
Oceaneering Q4 net income $23.1M; guides 2023 EBITDA $260-310M
Q4 2022 net income $23.1M ($0.23 EPS) on revenue $536M; adjusted net income $6.4M ($0.06 EPS).
Mr. Michael W. Sumruld will join the Company as Senior Vice President of Finance on September 1, 2025, and is expected to succeed Mr. Curtis as Chief Financial Officer upon Mr. Curtis’s retirement from such position.
On February 21, 2024 , the Board of Directors (the “Board”) of Oceaneering International, Inc. (“Oceaneering”) elected Ms. Reema Poddar to serve as an independent, non-executive director, in Class I, effective as of February 22, 2024.
On November 16, 2023, the Board of Directors appointed Mrs. Catherine E. Dunn as the Company’s Vice President and Chief Accounting Officer, effective December 1, 2023.
On July 5, 2023, Mr. Witland J. LeBlanc, Jr. announced his intention to resign as Vice President and Chief Accounting Officer of Oceaneering International, Inc., effective on August 7, 2023 (the "Effective Date"), in order to pursue another opportunity.
Messrs. Lawrence and Silva have announced their intention to retire from the Company and are currently serving in supporting roles during a transition period.
Messrs. Lawrence and Silva have announced their intention to retire from the Company and are currently serving in supporting roles during a transition period.
Mr. Collins has served as a director of the Company since March 2002 and intends to retire and resign as a member of the Board and as Chairman of the Board effective upon the election of Class I directors at the 2023 Annual Meeting, which is scheduled to be held on May 16, 2023.
the Board has designated Mr. M. Kevin McEvoy, a Class III director, to succeed Mr. Collins as Chairman of the Board upon Mr. Collins' retirement.
Mr. David K. Lawrence announced his intention to retire as Senior Vice President, General Counsel and Secretary of Oceaneering International, Inc.
On September 14, 2022, Dr. Kavitha Velusamy, a member of the Board of Directors (the "Board") of Oceaneering International, Inc. ("Oceaneering" or "us"), notified the Board that she was resigning as a member of the Board in order to pursue other opportunities.
Eric A. Silva intends to retire as Oceaneering's Senior Vice President and Chief Transformation Officer, effective as of October 1, 2022
Benjamin M. Laura, who will serve as Oceaneering’s Senior Vice President and Chief Innovation Officer as of the Effective Date.
Max materiality 0.90 · Median 0.45 · Most common event earnings