Replay available

Oceaneering International, Inc. (OII) Q1 2025 Earnings Call

Oceaneering International, Inc. (NYSE: OII) Q1 2025 earnings conference call, held 2025-04-24. Replay captured from the company's public earnings webcast.

Thu, April 24, 2025 at 11:00 AMendedReplay
Oceaneering International, Inc. (OII) Q1 2025 Earnings Call

Hosted by

Featured presenters

Conference Call Host

Introductions / Investor Relations Representative

Rod Larson

President and Chief Executive Officer

Alan Curtis

Senior Vice President and Chief Financial Officer

Colby Sasso

Participant, Daniel Energy Partners

David Smith

Participant, Pickering Energy Partners

Eddie Kim

Participant, Barclays

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:02.894 who will be available on Oceaneering's website. 00:00:02.894 -- 00:00:07.439 Joining us on the call are Rob Larson, President and Chief Executive Officer, who will 00:00:07.439 -- 00:00:12.264 be providing our prepared comments, and Alan Curtis, Senior Vice President and Chief 00:00:12.264 -- 00:00:17.489 Financial Officer. Before we begin, I would like to remind participants that statements 00:00:17.489 -- 00:00:22.635 we make during this call regarding our future financial performance, business strategy, 00:00:22.635 -- 00:00:27.780 plans for future operations, and industry conditions are forward-looking statements made 00:00:27.780 -- 00:00:32.552 pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act 00:00:32.552 -- 00:00:38.582 1995. Our comments today also include non-GAAP financial measures. 00:00:38.582 -- 00:00:43.270 Additional details and reconciliations to the most directly comparable GAAP financial 00:00:43.270 -- 00:00:46.855 measures can be found in our first quarter press release. 00:00:46.855 -- 00:00:49.800 We welcome your questions after the prepared statements. 00:00:49.800 -- 00:00:52.525 I will now turn the call over to Rod. 00:00:52.525 -- 00:00:55.432 Good morning, and thanks for joining the call today. 00:00:55.432 -- 00:00:59.817 As we announced in our earnings release yesterday, we outperformed expectations in the 00:00:59.817 -- 00:01:04.262 first quarter, with strong results across our energy services and products. 00:01:04.262 -- 00:01:09.628 In particular, Subsea Robotics, or SSR, demonstrated resilient utilization 00:01:09.628 -- 00:01:14.714 of remotely operated vehicles, or ROVs, and Offshore Projects Group, or OPG, 00:01:14.714 -- 00:01:20.241 achieved robust vessel...