Tidewater Inc. (TDW)

NYSE: TDW · IEX Real-Time Price · USD
43.22
+2.29 (5.59%)
Mar 21, 2023, 4:00 PM EDT - Market closed
5.59%
Market Cap 2.19B
Revenue (ttm) 647.68M
Net Income (ttm) -21.75M
Shares Out 50.57M
EPS (ttm) -0.49
PE Ratio n/a
Forward PE 36.36
Dividend n/a
Ex-Dividend Date n/a
Volume 1,075,499
Open 43.00
Previous Close 40.93
Day's Range 41.89 - 43.59
52-Week Range 17.51 - 51.88
Beta 1.34
Analysts Buy
Price Target 48.96 (+13.28%)
Earnings Date May 8, 2023

About TDW

Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation 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 natural 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... [Read more]

Sector Energy
Founded 1956
Employees 4,400
Stock Exchange NYSE
Ticker Symbol TDW
Full Company Profile

Financial Performance

In 2022, Tidewater's revenue was $647.68 million, an increase of 74.56% compared to the previous year's $371.03 million. Losses were -$21.75 million, -83.14% less than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TDW stock is "Buy." The 12-month stock price forecast is $48.96, which is an increase of 13.28% from the latest price.

Price Target
$48.96
(13.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 weeks 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...

2 weeks 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...

3 weeks 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 Tuesday, February 28, 2023, at 8:00 a.m. Central ...

1 month 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...

4 months 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...

4 months 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...

4 months 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...

8 months ago - Business Wire

Tidewater Announces Publication of 2021 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...

10 months ago - Business Wire

Deep Dive: 8 oil stocks that are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still tradin...

Other symbols: HALSLBSUVALXOM
11 months ago - Market Watch

Tidewater Reports Results for the Three Months Ended March 31, 2022

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2022 of $105.7 million compared with $83.5 million for the three months ended March 31,...

11 months ago - Business Wire

Tidewater Announces Completion of Swire Pacific Offshore Acquisition

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced the completion of its acquisition of Swire Pacific Offshore Holdings Limited (“SPO”), a subsidiary of Swire Pacific...

11 months ago - Business Wire

Tidewater Reports Results for the Three and Twelve Months Ending December 31, 2021

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and twelve months ending December 31, 2021, of $105.2 million and $371.0 million, respectively, compared with ...

1 year ago - Business Wire

Tidewater Announces the Acquisition of Swire Pacific Offshore, Creating World's Leading OSV Operator

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced a definitive agreement to acquire all of the outstanding shares of Swire Pacific Offshore Holdings Limited (“SPO”),...

1 year ago - Business Wire

4 Energy Stocks Insiders Are Pumping Up

According to the Insider Cluster pages, a Premium feature of GuruFocus, four energy stocks with high insider buys over the past three months are Energy Transfer LP ( ET , Financial), Continental Resou...

Other symbols: ETREPX
1 year ago - GuruFocus

Tidewater Inc. Appoints Melissa Cougle to Its Board of Directors

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today the appointment of Melissa Cougle to its Board of Directors, effective immediately. Mrs. Cougle is a...

1 year ago - Business Wire

Tidewater Announces Termination of Tax Benefits Preservation Plan

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced that its Board of Directors has amended its previously adopted Tax Benefits Preservation Plan (the "Plan") to accel...

1 year ago - Business Wire

Tidewater Announces Closing of USD $175 Million Senior Secured Bond Issue

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced that it has closed the Company's offering of USD $175 million aggregate principal amount of 8.5% senior secured bon...

1 year ago - Business Wire

Tidewater Reports Results for the Three and Nine Months Ended September 30, 2021

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2021 of $92.4 million and $265.9 million, respectively, compared with $86....

1 year ago - Business Wire

Tidewater Announces Pricing of USD $175 Million Senior Secured 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 USD $175 million in senior secured bonds in the Nordic...

1 year ago - Business Wire

Tidewater Announces Contemplated Bond Issue

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced that it intends to commence an offering of USD denominated 5-year senior secured bonds, subject to market and other...

1 year ago - Business Wire

Tidewater to Present at the Pareto Securities' 28th Energy Virtual Conference

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that Quintin V. Kneen, President, CEO and Director will present at Pareto Securities' 28th Energy Vi...

1 year ago - Business Wire

Tidewater: Q2 Earnings Insights

Shares of Tidewater (NYSE:TDW) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 16.09% year over year to ($0.73), which missed the ...

1 year ago - Benzinga

Tidewater Reports Results for the Three and Six Months Ended June 30, 2021

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2021 of $90.0 million and $173.5 million, respectively, compared with $102.3 mil...

1 year ago - Business Wire

Tidewater To Present at UBS Global Energy Virtual Conference

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that Quintin V. Kneen, President, CEO and Director, will participate in a virtual fireside chat at t...

1 year ago - Business Wire