Tidewater Inc. (TDW)

NYSE: TDW · Real-Time Price · USD
50.44
-0.24 (-0.47%)
At close: Nov 20, 2024, 4:00 PM
51.00
+0.56 (1.11%)
Pre-market: Nov 21, 2024, 4:56 AM EST
-0.47%
Market Cap 2.64B
Revenue (ttm) 1.30B
Net Income (ttm) 181.42M
Shares Out 52.32M
EPS (ttm) 3.40
PE Ratio 14.83
Forward PE 9.31
Dividend n/a
Ex-Dividend Date n/a
Volume 797,339
Open 50.49
Previous Close 50.68
Day's Range 49.86 - 50.81
52-Week Range 49.86 - 111.42
Beta 1.15
Analysts Strong Buy
Price Target 102.25 (+102.72%)
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]

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 $102.25, which is an increase of 102.72% from the latest price.

Price Target
$102.25
(102.72% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days ago - Seeking Alpha

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.

Other symbols: ASCBOOMTRMD
5 days ago - Benzinga

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...

12 days ago - Seeking Alpha

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 $...

13 days ago - Business Wire

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, ...

20 days ago - Business Wire

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...

21 days ago - Seeking Alpha

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...

Other symbols: NEVAL
3 months ago - Market Watch

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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 ...

5 months ago - GuruFocus

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024

Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

Other symbols: FLNGKNOPNENMMRIGVAL
5 months ago - Seeking Alpha

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
5 months 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...

5 months ago - PRNewsWire

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,...

6 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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 ...

7 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
7 months ago - Yahoo Finance

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...

8 months ago - Seeking Alpha

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...

9 months ago - Business Wire

Tidewater Inc. (TDW) Q4 2023 Earnings Call Transcript

Tidewater Inc. (TDW) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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 ...

9 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,...

9 months ago - Business Wire