Oceaneering International, Inc. (OII)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-10-29
$41.57-0.10%
Close 2026-10-29 · 1-day change
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-10-29
Research Workspace
Put OII beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Equipment & Services is in recovery. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is slowing — up about 3% over the past year and decelerating.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskOceaneering’s ADTech-led EBITDA growth is the core bet, with fragile cash backing raising execution concerns. Revenue growth slowed from 10% to 6% year over year, and Q3 2026 EPS missed consensus. OII trades at 22× P/E versus the 26× peer median. The price reflects less growth than our forecast, despite that peer discount. ADTech appropriation timing is a specific execution risk. Reported Q3 2026 net income fell 26% year over year. Our model puts the next-quarter miss probability near 41%. Peer multiples imply a price about 24% above where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-29. OII is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 4 analysts currently covering OII (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| OII Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Equipment & Services — fair value, gap to price, and forward P/E.
Compare the value case
Put OII next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive consolidated EBITDA growth, led by ADTech
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
2027 EBITDA projection supports growth ambitions, while ADTech appropriations timing remains a stated execution risk.
Advances: Drive consolidated EBITDA growth and maintain guidance
Best EBITDA since 2015 supports growth objectives.
Analyst valuation suggests significant overvaluation post-earnings.
Positive cash flow and earnings support valuation.
Advances: Maintain full-year 2026 EBITDA guidance of $390M-$440M
Record EBITDA directly supports full-year guidance.
Advances: Maintain full-year 2026 EBITDA guidance of $390M-$440M
2026 EBITDA guidance remains intact and improved.
Advances: Maintain full-year 2026 EBITDA guidance of $390M-$440M
Earnings beat supports full-year EBITDA guidance.
Advances: Focus on revenue growth led by Aerospace and Defense Technologies
Strong Q2 results support revenue growth in Aerospace and Defense.