Oceaneering International, Inc. provided earnings guidance for the first quarter of 2022 and full year 2022. The company announced that as a result of its first quarter seasonality in its energy businesses, uncertainties regarding U.S. government appropriations due to the continuing resolution and anticipated expenses needed to prepare for higher activity in 2022, the company expects its first quarter 2022 financial results to be significantly lower as compared to the fourth quarter of 2021.

The company is projecting its 2022 consolidated revenue to grow more than 10% with increased revenue in each of the company's operating segments, led by manufactured products.