UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10945 OCEANEERING INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) FORM 10-Q Delaware 95-2628227 (State or other jurisdiction of incorporation or organization) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 11911 FM 5 ...

Financial Data and Key Metrics Changes - The company generated adjusted EBITDA of $40.5 million for Q2 2020, exceeding consensus estimates, and produced $26.9 million of free cash flow [6][10] - The consolidated adjusted EBITDA margin was 9%, a decline of only 14 basis points compared to Q1 2020, despite a 20% decrease in revenue [7][10] - Cash and cash equivalents at the end of the quarter were $334 million [10] Business Segment Data and Key Metrics Changes - ROV adjusted EBITDA margin remained relatively unchanged at 31%, with a 12% sequential revenue decline due to a 9% decrease in ROV days on hire [10][11] - Subsea products experienced a 33% revenue decline, but adjusted operating margin remained consistent with Q1 2020 due to cost reduction efforts [14] - Advanced technologies segment improved adjusted operating results by $1.7 million sequentially, driven by strong government business performance [18] Market Data and Key Metrics Changes - The average number of working floating rigs decreased from approximately 121 in Q1 to 96 in Q2, a 21% decline [13] - The subsea products backlog decreased from $528 million at the end of Q1 to $486 million at the end of Q2 [15] - The company’s drill support market share increased from 61% to 62% despite the overall decline in the number of floating rigs [13] Company Strategy and Development Direction - The company is focused on maintaining liquidity and balance sheet strength while navigating uncertainties in the oil and gas markets due to COVID-19 [25][26] - A targeted reduction of annualized expenses in the range of $125 million to $160 million is expected by the end of 2020, with approximately $85 million of annualized cost reductions already initiated [23][24] - The company anticipates continued softness in demand for services and products within its energy businesses, but expects good performance from government businesses [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with Q2 results despite challenges, noting that operational disruptions due to COVID-19 were limited by safety protocols [6][9] - The outlook for the second half of 2020 remains uncertain, with expectations of continued impacts from COVID-19 and potential reductions in customer spending [20][21] - Management emphasized the importance of adapting to new ways of working and achieving decarbonization goals through digitization and automation [26] Other Important Information - The company is not providing segment financial guidance for Q3 and the second half of 2020 due to uncertainties [22] - Capital expenditure guidance is set between $45 million to $65 million for 2020, with expectations of positive free cash flow for the year [22][26] Q&A Session Summary Question: Can you elaborate on the cost-out program and what major buckets are left to reach your target? - Management indicated that cost reductions are evenly distributed across all segments, with some opportunities still available in regional locations and facilities [31][32] Question: What is the expected operating free cash flow number excluding working capital and tax items? - Management discussed that the free cash flow guidance includes a one-time event from the CARES Tax Act, with expectations for working capital to free up cash towards the end of the year [40][46] Question: Can you provide insights on subsea products and revenue progression in that segment? - Management expects a return to more traditional revenue streams in the back half of the year, driven by backlog execution [50] Question: How do you view the ultra-deepwater activity environment moving forward? - Management acknowledged the potential for market recovery but emphasized the uncertainty surrounding COVID-19 and commodity prices [54][56] Question: What is the current status of the Angola project work? - Management noted that mobilization challenges due to COVID-19 have delayed the project, with uncertainty about completion in 2020 [90] Question: Can you discuss the governance around the debt and any adjustments allowed in covenants? - Management confirmed that the company is in a strong liquidity position, with debt covenants allowing for flexibility [86][87] Question: What are the expectations for the energy transition and renewable projects? - Management highlighted ongoing work in offshore wind projects and the company's capabilities in marine construction as key areas for growth [117][120]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10945 ____________________________________________ OCEANEERING INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) De ...

Oceaneering International, Inc. (NYSE:OII) Q1 2020 Results Earnings Conference Call May 14, 2020 11:00 AM ET Company Participants Mark Peterson - VP, Corporate Development & IR Roderick Larson - President, CEO & Director Alan Curtis - SVP & CFO Marvin Migura - Senior Vice President Conference Call Participants Sean Meakim - JPMorgan George O'Leary - TPH & Company Marc Bianchi - Cowen Kurt Hallead - RBC Mike Sabella - Bank of America Blake Gendron - Wolfe Research David Smith - Heikkinen Energy Ian Macpherso ...

| --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | | | | | | | | | | | | 2 In accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, Oceaneering cautions that statements in this presentation that express a belief, expectation, or intention are forward looking. Forward-looking statements are generally accompanied by words such as "estimate," "project," "predict," "believe," "expect," "anticipate," "plan," "forecast," "budget," "goal," or o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10945 ____________________________________________ OCEANEERING INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delawar ...

Financial Data and Key Metrics Changes - Oceaneering reported its fourth quarter and full year 2019 results, with specific financial performance metrics to be discussed in detail during the call [3][4]. Business Line Data and Key Metrics Changes - Detailed performance metrics for each business line will be provided by the management during the prepared comments section of the call [3][4]. Market Data and Key Metrics Changes - The company will address market conditions and performance metrics relevant to its operations in the upcoming comments [3][4]. Company Strategy and Development Direction - Oceaneering's management will outline the company's strategic direction and competitive positioning within the industry during the call [3][4]. Management Comments on Operating Environment and Future Outlook - Management will provide insights on the current operating environment and future outlook, including any challenges and opportunities anticipated [3][4]. Other Important Information - The call will include forward-looking statements and non-GAAP financial measures, with additional details available in the fourth quarter press release [4][5]. Q&A Session All Questions and Answers Question: What are the expectations for future financial performance? - Management will address expectations for future financial performance during the Q&A segment [3][4]. Question: How does the company plan to navigate industry challenges? - The management will discuss strategies to navigate industry challenges in response to questions during the Q&A [3][4].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10945 ____________________________________________ OCEANEERING INTERNATIONAL, INC. (Exact name of registrant as specified in its charter ...

Oceaneering International, Inc. (NYSE:OII) Q3 2019 Results Earnings Conference Call October 31, 2019 11:00 AM ET Company Participants Mark Peterson - Vice President-Corporate Development and Investor Relations Rod Larson - President and Chief Executive Officer Alan Curtis - Chief Financial Officer Marvin Migura - Senior Vice President Conference Call Participants Kurt Hallead - RBC George O'Leary - Tudor Pickering Ian Macpherson - Simmons Coleman Sullivan - Wells Fargo Securities Sean Meakim - JPMorgan Marc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of registrant as specified in its charter) Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10945 ____________________________________________ OCEANEERING INTERNATIONAL, INC. Ind ...