Tidewater

Tidewater, Inc. engages in the provision of offshore marine support and transportation services to the offshore energy industry. It offers the towing of, and anchor handling for, mobile offshore drilling units, transporting supplies and personnel necessary to sustain drilling, work over and production activities, offshore construction and seismic and subsea support, geotechnical survey for wind farm construction, and a variety of specialized services such as pipe and cable laying. It operates through the following segments: Americas, Middle East and Asia Pacific, Europe and Mediterranean, and West Africa. The company was founded in 1955 and is headquartered in Houston, TX.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Tidewater reports stellar Q4 results, eyes revenue growth in 2024

Tidewater's strong Q4 2022 performance reflects robust revenue growth, improved margins, and positive net income.
The company's focus on free cash flow generation, integration synergies, and strategic asset management positions it for future growth.
Challenges in cost management and vessel utilization are balanced by opportunities in day rate increases and strategic vessel deployment.
Overall, Tidewater's financial outlook remains positive, with a clear path towards sustained profitability and operational efficiency.

Tidewater reports robust Q1 earnings, eyes global market expansion

Tidewater's Q1 2023 performance reflects operational strength and strategic growth initiatives amidst market challenges and opportunities.
The company's focus on revenue diversification, cost management, and market adaptability positions it well for future growth and profitability.
With a solid financial performance, competitive pricing power, and a positive market outlook, Tidewater is poised for continued success in the offshore industry.

Tidewater reports strong Q2 results, eyes long-term contracts for growth

Tidewater's Q2 2023 performance reflects revenue growth, improved day rates, and strong financial metrics, despite integration costs impacting expenses.
The company's strategic focus on acquisitions, shareholder returns, and debt management aligns with positive market trends and investment opportunities.
Challenges include short-term utilization impacts, G&A expense increases, and managing lead times for bookings, while opportunities lie in securing long-term contracts and optimizing fleet positioning.
Overall, Tidewater remains optimistic about day rates, revenue potential, and the prospect of more long-term contracts, positioning itself for continued growth and stability.

Tidewater excels in Q3 with strong financials and growth outlook

Tidewater's Q3 performance reflects strong financial results, driven by Solstad fleet integration and favorable market conditions.
While facing operational challenges and short-term contract dynamics, the company remains well-positioned for growth in the offshore vessel market.
Strategic initiatives like the share repurchase program and focus on maximizing shareholder value underscore management's commitment to long-term success.
With a positive outlook for 2024 and opportunities for revenue growth through day rate increases, Tidewater is poised for continued success in the industry.

Tidewater excels in 2023, eyes growth through acquisitions and rates

Tidewater's robust financial performance in 2023 sets a strong foundation for continued growth in 2024, with a focus on revenue and margin improvement each quarter.
Strategic initiatives like share repurchases and a focus on optimizing capital allocation position Tidewater well for sustained success amidst market challenges.
The company's emphasis on value-accretive acquisitions, day rate increases, and strategic debt management underscores its commitment to long-term growth and profitability.

Tidewater surpasses Q1 expectations, eyes FPSO market opportunities

Tidewater's Q1 performance exceeded expectations, driven by strong revenue and gross margin growth. The company faces challenges with drydock impacts on utilization rates and analyst inquiries on various financial aspects. However, opportunities lie in the positive market outlook globally and the growing demand for FPSOs and support vessels.

Tidewater reports solid Q3 performance, eyes growth opportunities ahead

Tidewater's Q3 performance was strong, with revenue meeting expectations and a focus on enhancing shareholder value. Challenges include softening activity in some regions and higher operating costs. Opportunities lie in improving utilization, increasing free cash flow, and exploring strategic initiatives like M&A.

Tidewater reports strong Q3 performance amidst market uncertainties

Tidewater's Q3 performance was solid, with revenue meeting expectations and strong day rates.
The company faces market uncertainty for 2025 but expects improved margins and flat Q4 revenue.
Challenges include downtime risks in Q4 and deal processes for potential M&A opportunities.
Opportunities lie in increased day rates, positive demand growth, and capital allocation strategies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Tidewater, Inc. engages in the provision of offshore marine support and transportation services to the offshore energy industry. The firm offers the towing of, and anchor handling for, mobile offshore drilling units, transporting supplies and personnel necessary to sustain drilling, work over and production activities, offshore construction and seismic and subsea support, geotechnical survey for wind farm construction, and a variety of specialized services such as pipe and cable laying. It operates through the following geographical segments: Americas, Asia Pacific, Middle East, Europe and Mediterranean, and West Africa. The company was founded in 1955 and is headquartered in Houston, TX.

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, subject to market conditions. The Company intends to use the net proceeds from the bond issue towards financing a portion of the purchase price to acquire 37 platform supply vessels from Solstad Offshore ASA, as announced on March 7, 2023, and other general corporate purposes. The bonds would be priva.

Tidewater Announces Contemplated Bond Issue

During the first quarter of 2023, Tidewater experienced its highest quarterly revenue and net income levels since the end of 2015. This was attributed to the recovery of the offshore market and recent high day rates. It is anticipated that these rates will remain sufficiently high during the next year.

Tidewater: Strong Financials And Increasing Day Rates Signal Promising Future For Investors

Weatherford Int.

The energy sector, as tracked by the Energy Select SPDR Fund NYSEARCA: XLE is a perfect demonstration of “worst to first” on a year-to-date basis, with a 2023 decline of 8.36%, following its 2022 increase of 64.17%,

2 Energy Mid-Caps Expected To Post Monster Earnings Growth

Tidewater Inc. (NYSE:TDW ) Q1 2023 Earnings Conference Call May 9, 2023 9:00 AM ET Company Participants West Gotcher - Vice President of Finance, IR Quintin Kneen - President & CEO Piers Middleton - VP, Sales & Marketing Sam Rubio - CFO Conference Call Participants Ina Golikja - Fearnley Securities Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.

Tidewater Inc. (TDW) Q1 2023 Earnings Call Transcript

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, 2022. Tidewater's net income for the three months ended March 31, 2023, were $10.7 million ($0.21 per common share) compared with a net loss of $12.2 million ($0.29 per common share) for the three months ended March 31, 2022. Included in the net income for the three months ended March 31, 2023 we.

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

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") since July 2017, and as non-executive Chairman of the Board since October 2019, informed the Company that he has chosen not to stand for reelection and will retire from the Board at the Company's Annual Meeting of Stockholders to be held on June 26, 2023 (the "Annual Meeting"). Dick H. Fagerstal, ou.

Tidewater Announces Retirement of Larry T. Rigdon

Cullen/Frost Bankers

Capri Holdings Ltd

CVB Financial

DISH Network

Dun & Bradstreet Holdings

Elanco Animal Health Inc

Flaherty & Crumrine Preferred Securities Income Fund Inc

Glacier Bancorp

Chart Industries

Herbalife

HighPeak Energy Inc

JPMorgan Chase & Co

Matador Resources

Ryan Specialty Group Holdings

Stifel Financial

SPDR S&P 500 ETF Trust

Southwest Gas Hlds

V.F.

Valley National

Vistra Energy

Today, we provide you the first quarter update in our recurring series based on firms that have enjoyed unusual insider interest during the first quarter of the year. We stand behind our belief that insiders supply the market with high-quality investment information each time they decide to trade their own company's shares on the open market.

Strong Mid-Cap Insider Buys: Q1 2023

NexTier Oilfield Solutions Inc

Profire Energy

Ranger Energy Services

Cactus

Up to date as of market close 03/13/23. 60 oilfield services providers were screened for profitability and subsequently ranked by means of a multi-factor matrix.

Highest Quality Oilfield Services Stocks

Tidewater announced the acquisition of 37 OSVs from Solstad Offshore on Tuesday, sending shares 6% higher. Tidewater has the largest fleet in the sector with 228 vessels. It also happens to be one of the youngest with an average age just over 11 years.

Tidewater Pulls Off Another Heist

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 million (the “Transaction”).

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

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 worldwide, today announced the publication of the Company's 2022 Sustainability Report. This report is Tidewater's third annual comprehensive and stand-alone sustainability report.

Tidewater Announces Publication of 2022 Sustainability Report

Tidewater Inc. (NYSE:TDW ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants West Gotcher - Vice President of Finance, Investor Relations Quintin Kneen - President & Chief Executive Officer Piers Middleton - Vice President Sales & Marketing Sam Rubio - Chief Financial Officer Conference Call Participants Hans Lund - Clarksons Ina Golikja - Fearnley Securities Operator Thank you for standing by. At this time, I would like to welcome everyone to the Tidewater Inc's Q4 2022 Earnings Call.

Tidewater Inc. (TDW) Q4 2022 Earnings Call Transcript

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 $105.2 million and $371.0 million, respectively, for the three and twelve months ended December 31, 2021. Tidewater's net income (losses) for the three and twelve months ended December 31, 2022, were $10.6 million ($0.20 per common share) and $(21.7) million ($0.

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

Tidewater has had a huge run in the last year, with shares up more than 3x since the start of 2022 and 24% YTD. They closed an acquisition in April 2022 that added 50 OSVs to their fleet.

Tidewater: Great Risk-Reward For 2023

Boeing

Caterpillar

Celsius Holdings

Clearfield

Vita Coco

Chevron

DocGo

Enphase Energy

McDonald's

Merck

Noble Corp PLC

Northern Oil and Gas

Nuvalent

Permian Basin Royalty Trust

Pinduoduo Inc - ADR

TG Therapeutics

Mammoth Energy Services

Visa

Vipshop Hlds

Viridian Therapeutics

Verizon

Wave Life Sciences

Two new Breakout Stocks for Week 1 with better than 10% short-term upside potential and two Dow 30 Picks. Average cumulative returns for 2022 reached +142.69% YTD. The streak of weekly picks gaining over 10% in less than a week of trading days has reached 235 out of 293 trading weeks (80.4%) not counting multiple gainers.

MDA Breakout Stocks Week 1 - January 2023: High-Frequency Gainers To Give You An Edge

Dow Inc

Futu Holdings

Honeywell

Brigham Minerals

NIKE

AiHuiShou International Co Ltd

TAL Education Group

Zymeworks Inc

Zynex Inc

Two new Breakout Stocks for Week 50 with better than 10% short-term upside potential and one Dow 30 Pick. Average cumulative returns now up to +131.5% YTD. This week 1 of 4 high frequency breakout picks gained over 10% in less than a week with peak gains in VITL +10.4% while PBT hit +6.22% and CPRX +4.4%.

MDA Breakout Stocks Week 50 - December 2022: Short-Term Picks To Give You An Edge

G-III Apparel Group

Goldman Sachs

Intel

Lattice Semiconductor

Two new Breakout Stocks for Week 47 with better than 10% short-term upside potential and one Dow 30 Pick. Average cumulative returns now up to +123.7% YTD. This week 2 of 4 picks gained 10%+ in less than a week with FUTU +23.6% and FREY 14.0% of the high frequency breakout movers. VIPS peaked at +9.64%.

MDA Breakout Stocks Week 47 - Short-Term Picks To Give You An Edge

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 at a public offering price of $30.25 per share.

Tidewater Announces Pricing of 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 common stock.

Tidewater Announces Proposed Public Offering of Common Stock

Clean Energy Fuels

ConocoPhillips

Cheniere Energy

MAG Silver

MGP Ingredients

RingCentral

TravelCenters of America

Travelers

Encore Wire

Two new Breakout Stocks for Week 45 with better than 10% short-term upside potential and a Dow 30 Pick. Average cumulative returns now down to +109.9% YTD. This week one stock gained 10% in less than a week with EPM +10.6% and GWH +7.6% while ENVX missed Q3 earnings for a terrible -41.7% decline.

MDA Breakout Stocks Week 45 - November 2022: Short-Term Picks To Give You An Edge

Tidewater, Inc. (NYSE:TDW ) Q3 2022 Earnings Conference Call November 4, 2022 9:00 AM ET Company Participants West Gotcher - IR Quintin Kneen - President, CEO & Director Piers Middleton - VP Sales & Marketing Samuel Rubio - EVP & CFO Conference Call Participants Fredrik Stene - Clarkson Securities James West - Evercore ISI Operator Good morning. My name is Colby and I will be your conference operator today.

Tidewater, Inc. (TDW) Q3 2022 Earnings Call Transcript

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 million and $265.9 million, respectively, for the three and nine months ended September 30, 2021.

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

Apple

Alector Inc

Invesco Treasury Collateral ETF

Alphabet

G1 Therapeutics

Intrepid Potash

Johnson & Johnson

Two new Breakout Stocks for Week 40 with better than 10% short-term upside potential and one Dow 30 pick. Average cumulative returns now up to +105.6% YTD. This week 2 picks beat 10% in less than a week with FUSN +12.2%, LRMR at +12.95% and VYGR +9.2% peak gains continuing in high negative Momentum Gauge warnings.

MDA Breakout Stocks Week 40 - October 2022: Short-Term Picks To Give You An Edge

News for Tidewater Stock (TDW)