Tidewater Inc. (TDW)
| Market Cap | 2.56B |
| Revenue (ttm) | 1.30B |
| Net Income (ttm) | 181.42M |
| Shares Out | 52.32M |
| EPS (ttm) | 3.40 |
| PE Ratio | 14.41 |
| Forward PE | 9.44 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,640,238 |
| Open | 48.63 |
| Previous Close | 48.68 |
| Day's Range | 47.77 - 50.90 |
| 52-Week Range | 46.50 - 111.42 |
| Beta | 1.08 |
| Analysts | Strong Buy |
| Price Target | 102.25 (+108.67%) |
| Earnings Date | Nov 7, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for TDW stock is "Strong Buy." The 12-month stock price forecast is $102.25, which is an increase of 108.67% from the latest price.
News
Tidewater: Offsetting Lower Utilization Rates With Higher Pricing
Tidewater owns and operates a fleet of 216 vessels primarily used by the offshore oil and gas industry. Tidewater is by far the largest player in the offshore service vessels (OSV) industry, especiall...
Tidewater: Weak Offshore Drilling Activity Impacts Near-Term Outlook - Hold
Leading offshore service vessel provider Tidewater reported weaker than expected Q3/2024 results, with both top- and bottom-line numbers coming in below consensus expectations. While revenue and profi...
Top 4 Energy Stocks That Could Blast Off In November
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Tidewater Inc. (TDW) Q3 2024 Earnings Call Transcript
Tidewater Inc. (NYSE:TDW) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants West Gotcher - VP, Finance and IR Quintin Kneen - President and CEO Piers Middleton - CCO S...
Tidewater Reports Results for the Three and Nine Months Ended September 30, 2024
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2024 of $340.4 million and $1,000.8 million, respectively, compared with $...
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 September 30, 2024, on Thursday, ...
Tidewater: Best Shipping Sector Outlook With An Attractive Entry Price
The OSV outlook is one of the most interesting in the shipping industry. The order book is nearly zero, and there are only a few laid-up vessels available. After the recent sell-off, Tidewater is trad...
These offshore oil drillers look like bargain stocks as the industry recovers
The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service t...
Tidewater: Bullish Momentum Should Continue For This Energy/Shipping Play
Tidewater is the largest global OSV operator, making great cash flows in an industry with many tailwinds. It has become a top 5 position for me. Management has the company positioned and operating wel...
Tidewater: Decent Quarter But Lowered Outlook Disappoints
Leading offshore service vessel provider Tidewater Inc. reported strong Q2/2024 results, with both top and bottom line results exceeding expectations. Revenues of $339.2 million and Adjusted EBITDA of...
Tidewater Q2 2024 Earnings: Headwinds Are Temporary, But Outlook Remains Robust
Management anticipated longer drydock days in Q3 and several project commencements have been pushed to the right, leading to revised guidance. We believe these developments are temporary. The bull the...
Tidewater Inc. (TDW) Q2 2024 Earnings Call Transcript
Tidewater Inc. (NYSE:TDW) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants West Gotcher - VP, Finance & IR Quintin Kneen - President & CEO Piers Middleton - Chief Commer...
Tidewater Reports Results for the Three and Six Months Ended June 30, 2024
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2024 of $339.2 million and $660.4 million, respectively, compared with $215.0 mi...
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 ...
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.
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...
Tidewater: Robust Demand, Supply Constraints, And Conservative Consensus Estimates
Demand for OSVs will likely remain robust thanks to healthy oil prices, peaking US shale production, and lower offshore breakeven levels. Limited yard capacity, high newbuilding and secondhand prices,...
Tidewater Inc. (TDW) Q1 2024 Earnings Call Transcript
Tidewater Inc. (NYSE:TDW) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants West Gotcher - VP, Finance & IR Quintin Kneen - President & CEO Piers Middleton - Chief Commerci...
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 ...
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 ...
Tidewater Remains The Best In Class, Despite The Elevated Price
The OSV market stands strong. Supply side is defined by a low order book, limited shipyard capacity, and an aging fleet. Demand grows due to a robust oil rigs market. For FY23, Tidewater delivered $97...
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...
Tidewater Inc. (TDW) Q4 2023 Earnings Call Transcript
Tidewater Inc. (TDW) Q4 2023 Earnings Call Transcript
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 ...