Tidewater Inc. (TDW)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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,...

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...

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 ...

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”),...

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...

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...

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...

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...

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....

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...

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...

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...
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 ...

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...

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...