OCEANEERING INTERNATIONAL INC
In the published model solve dated 2026-Q2, anchored at $48.07, OCEANEERING INTERNATIONAL INC (OII) is priced for today's economics sustained for ~5.3 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Oceaneering is a diversified offshore-services company, not a single oilfield play: its five segments span subsea robotics, manufactured products, offshore projects, integrity and digital solutions, and a growing aerospace and defense arm. • The defining trend is the earnings recovery: subsea robotics ran a 32% operating margin in the fourth quarter of 2025 on improved pricing and utilization, and the company posted six consecutive years of EBITDA growth [Source: Oceaneering 2025 results]. • W
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351 institutional managers reported holding OII in 13F filings for the quarter ended 2026-03-31. 81 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 5.6M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (7 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
OII's share count is about flat over the past five years ($60.32M of repurchases, offset by issuance). It pays no dividend. Cash returned over the past three years: $60.32M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at OII over the trailing three years. Absence is a fact about the company, not a signal. 23 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
OII's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-29 | -10.9% | +15.8% |
| 2023-10-28 | -10.9% | -8.2% |
| 2024-02-24 | +0.2% | +13.3% |
| 2024-04-27 | +5.8% | -5.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
OII's latest 8-K filings: 2026-07-24 (items 7.01); 2026-07-22 (items 2.02, 9.01); 2026-07-07 (items 1.01, 2.03, 7.01, 9.01); 2026-06-26 (items 1.01, 7.01, 8.01, 9.01); 2026-06-24 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.