Oceaneering Sets 2027 EBITDA Guidance at $430M-$480M
Oceaneering expects 2027 free cash flow to exceed 2026 levels, citing strengthening offshore energy markets and higher ROV utilization and pricing.
Oceaneering has initiated its full-year 2027 EBITDA guidance, setting a target range of $430 million to $480 million. The company anticipates improved financial performance driven by strengthening offshore energy markets and increased activity across its business segments. Management expects higher ROV utilization and pricing within its Subsea Robotics division, alongside revenue and operating income growth in its Integrity Management and Digital Solutions and Aerospace and Defense Technologies segments. Additionally, the company projects that free cash flow generation for 2027 will exceed its 2026 levels.