Tidewater Inc. (TDW)

NYSE: TDW · IEX Real-Time Price · USD
94.66
+2.96 (3.23%)
Jul 2, 2024, 4:00 PM EDT - Market closed
3.23%
Market Cap 4.99B
Revenue (ttm) 1.14B
Net Income (ttm) 133.47M
Shares Out 52.76M
EPS (ttm) 2.52
PE Ratio 37.56
Forward PE 16.15
Dividend n/a
Ex-Dividend Date n/a
Volume 692,127
Open 92.50
Previous Close 91.70
Day's Range 92.45 - 94.86
52-Week Range 52.15 - 111.42
Beta 1.22
Analysts Strong Buy
Price Target 98.00 (+3.53%)
Earnings Date Aug 5, 2024

About TDW

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offsh... [Read more]

Sector Energy
Founded 1956
Employees 7,300
Stock Exchange NYSE
Ticker Symbol TDW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for TDW stock is "Strong Buy." The 12-month stock price forecast is $98.0, which is an increase of 3.53% from the latest price.

Price Target
$98.0
(3.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tidewater: Capitalizing on Booming Oil Rigs and the OSV Market

The market for offshore oil rigs rigs and offshore supply vessels has experienced a significant increase over the past three years, mainly driven by higher oil prices. The favorable market conditions ...

7 days ago - GuruFocus

Three-Stock Lunch: Tidewater, Progressive & CRH PLC

Michael Landsberg, CIO of Landsberg Bennett Private Wealth Management, joins 'Power Lunch' to discuss stock plays for three companies: Tidewater, Progressive, and CRH PLC.

Other symbols: CRHPGR
12 days ago - CNBC Television

KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

25 days ago - PRNewsWire

Tidewater Reports Results for the Three Months Ended March 31, 2024

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2024 of $321.2 million, compared with $193.1 million, for the three months ended March ...

2 months ago - Business Wire

Why energy plays are for long-term investors

The energy sector (XLE) has continued to outperform throughout 2024. Alpine Saxon Woods Chief Market Strategist Sarah Hunt and CFRA Energy Equity Analyst and Deputy Research Director Stewart Glickman ...

Other symbols: COPCVXSLBXLEXOM
2 months ago - Yahoo Finance

Tidewater Announces Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending March 31, 2024, on Thursday, May ...

2 months ago - Business Wire

Tidewater Announces Publication of 2023 Sustainability Report

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”), a leading owner and operator of offshore support vessels providing offshore energy transportation services worldwid...

4 months ago - Business Wire

Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2023

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and twelve months ended December 31, 2023 of $302.7 million and $1,010.0 million, respectively, compared with ...

4 months ago - Business Wire

Tidewater Announces Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Friday, March 1, 2024, at 8:00 a.m. Central Time,...

4 months ago - Business Wire

Tidewater Reports Results for the Three and Nine Months Ended September 30, 2023

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2023 of $299.3 million and $707.3 million, respectively, compared with $19...

8 months ago - Business Wire

Tidewater to Attend Barclays CEO Energy-Power Conference

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today that members of management will participate in the Barclays CEO Energy-Power Conference in New York City on September 5 - 6, 2023. A...

10 months ago - Business Wire

Tidewater Reports Results for the Three and Six Months Ended June 30, 2023

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2023 of $215.0 million and $408.1 million, respectively, compared with $163.4 mi...

11 months ago - Business Wire

Tidewater Announces Completion of Acquisition and Associated Financing of Platform Supply Vessels From Solstad Offshore

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced the closing of its acquisition of 37 platform supply vessels and related assets from Solstad Offshore ASA. In conne...

1 year ago - Business Wire

Tidewater Appoints Dick H. Fagerstal Chairman of the Board

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced that Dick H. Fagerstal has been appointed non-executive Chairman of the Board. In addition, the Board has ...

1 year ago - Business Wire

Tidewater Announces Pricing of $250 Million Senior Unsecured Bond Issue

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced that it has finalized the terms of the Company's offering of $250 million in senior unsecured bonds in the Nordic b...

1 year ago - Business Wire

Tidewater Announces Contemplated Bond Issue

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") today announced that it intends to commence a private offering of USD denominated 5-year senior unsecured bonds, sub...

1 year ago - Business Wire

Tidewater Reports Results for the Three Months Ended March 31, 2023

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2023 of $193.1 million compared with $105.7 million for the three months ended March 31...

1 year ago - Business Wire

Tidewater Announces Retirement of Larry T. Rigdon

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced today that Larry T. Rigdon, who has served as a member of the Company's Board of Directors (the "Board") s...

1 year ago - Business Wire

Tidewater Announces the Acquisition of 37 Platform Supply Vessels from Solstad Offshore

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced a definitive agreement to purchase 37 of Solstad Offshore ASA's (“SOFF”) platform supply vessels (“PSV”) for $577 m...

1 year ago - Business Wire

Tidewater Announces Publication of 2022 Sustainability Report

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”), a leading owner and operator of offshore support vessels providing offshore energy transportation services worldwid...

1 year ago - Business Wire

Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2022

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and twelve months ended December 31, 2022 of $186.7 million and $647.7 million, respectively, compared with $1...

1 year ago - Business Wire

Tidewater Announces Pricing of Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company” or “Tidewater”) today announced the pricing of its registered underwritten public offering of 3,987,914 shares of its common stock a...

1 year ago - Business Wire

Tidewater Announces Proposed Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company” or “Tidewater”) today announced the commencement of a registered underwritten public offering of up to 3,987,914 shares of its commo...

1 year ago - Business Wire

Tidewater Reports Results for the Three and Nine Months Ended September 30, 2022

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2022 of $191.8 million and $460.9 million, respectively, compared with $92...

1 year ago - Business Wire

Tidewater Reports Results for the Three and Six Months Ended June 30, 2022

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2022 of $163.4 million and $269.2 million, respectively, compared with $90.0 mil...

2 years ago - Business Wire