Oceaneering International (OII) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.50
- Estimate
- $0.59
- Surprise
- -15.1%
- Revenue (period 2026-09-30)
- $784.6M
- Score at report (before → after)
- 5.5 → 5.6/10
Revenue source: xbrl.
How the report landed
Oceaneering International (OII) missed the $0.59 estimate with adjusted EPS of $0.50 — a large 15.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.5/10) to Sell at 5.6/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates OII Sell at 4.9/10.
2 of the last 4 quarters beat the estimate; this quarter's -15.1% surprise compares with a +16.1% four-quarter average. Next scheduled report: 2027-02-17.
What supports the rating
- Sector modifier (Energy): +1.2
What argues against it
- Analyst target reached - limited upside remaining
- Consecutive earnings misses (2)
- Weak overall score: 4.9/10
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $41.61
- Stop
- $38.70
Forward estimates sit below the trailing run-rate (18.5× forward vs 12.7× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
OII at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $4.14B
- P/E (fwd)
- 18.5
- P/E (ttm)
- 12.7
- 52-week range
- $22.13–$54.25
- Off 52-week high
- 23.3%
- RSI (14)
- 41
- Volume vs avg
- 0.89×
- Score today
- 4.9/10