Energy -
Oil & Gas Equipment & Services - NYSE - US
$ 35.48
2.01 %
$ 1.83 B
Market Cap
10.44
P/E
1. INTRINSIC VALUE
Balance Sheet
Tidewater Inc.
| Current Assets | 699 M |
| Cash & Short-Term Investments | 325 M |
| Receivables | 0 |
| Other Current Assets | 374 M |
| Non-Current Assets | 1.38 B |
| Long-Term Investments | 0 |
| PP&E | 1.18 B |
| Other Non-Current Assets | 192 M |
| Current Liabilities | 332 M |
| Accounts Payable | 71.4 M |
| Short-Term Debt | 65.4 M |
| Other Current Liabilities | 195 M |
| Non-Current Liabilities | 632 M |
| Long-Term Debt | 572 M |
| Other Non-Current Liabilities | 60.4 M |
EFFICIENCY
Earnings Waterfall
Tidewater Inc.
| Revenue | 1.35 B |
| Cost Of Revenue | 939 M |
| Gross Profit | 406 M |
| Operating Expenses | 95.1 M |
| Operating Income | 311 M |
| Other Expenses | 132 M |
| Net Income | 179 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Tidewater Inc.
| Net Income | 179 M |
| Depreciation & Amortization | 156 M |
| Capital Expenditures | -27.6 M |
| Stock-Based Compensation | 13.7 M |
| Change in Working Capital | 0 |
| Others | -186 M |
| Free Cash Flow | 246 M |
Wall Street Analysts Price Targets
Tidewater Inc.
Wall Street analysts predict an average 1-year price target for TDW of $110 , with forecasts ranging from
a
low of
$90 to a high of $138 .
TDW Lowest Price Target
Wall Street Target
90 USD
153.66%
TDW Average Price Target
Wall Street Target
110 USD
210.03%
TDW Highest Price Target
Wall Street Target
138 USD
288.95%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.01 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Tidewater Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
160 M USD 8
Bought
1.08 M USD 1
0-3 MONTHS
3.11 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Middlesex Water Subsidiary Tidewater Utilities Completes The Acquisition Of Ocean View Water System
ISELIN, N.J., April 02, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its subsidiary, Tidewater Utilities, Inc. (TUI), completed its acquisition of the water system assets of the Town of Ocean View (TOV) in Sussex County, Delaware for $4.6 million.
globenewswire.com
- 2 weeks ago
Tidewater: Muted Near-Term Outlook, But Still Highly Profitable - Buy (Upgrade)
Adjusted for foreign exchange impact, Tidewater reported Q4 2024 and full-year results largely in line with management's most recent projections. Fourth quarter results benefited from an uptick in active fleet utilization. Key financial metrics like vessel operating margin and free cash flow increased to new multi-year highs. The company continues to return capital to equity holders in the form of share buybacks. For 2025, the BoD approved a new $90.3 million repurchase program.
seekingalpha.com
- 1 month ago
TDW+Co partners with Alaska Airlines & Hawaiian Airlines to Take Off with an Immersive Branded House in Austin
A One-Day Immersive Experience Showcasing the Future of Seamless Travel with Cutting-Edge Technology, Exclusive Speaker Panels, and Interactive Engagements. LOS ANGELES , March 5, 2025 /PRNewswire/ -- TDW+Co is partnering with Alaska Airlines and Hawaiian Airlines to activate a one-day-only interactive, dual-branded house in Austin, TX for the South by Southwest festival.
prnewswire.com
- 1 month ago
New Strong Sell Stocks for March 5th
ACHC, TDW and RMR have been added to the Zacks Rank #5 (Strong Sell) List on March 5, 2025.
zacks.com
- 1 month ago
Tidewater Inc. (TDW) Q4 2024 Earnings Call Transcript
Tidewater Inc. (NYSE:TDW ) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants West Gotcher - VP, Finance and IR Quintin Kneen - President and CEO Piers Middleton - CCO Samuel Rubio - CFO Conference Call Participants Jim Rollyson - Raymond James Greg Lewis - BTIG David Smith - Pickering Energy Partners Fredrik Stene - Clarksons Securities Josh Jayne - Daniel Energy Partners Don Crist - Johnson Rice Operator Thank you for standing by. My name is Janine, and I will be your conference operator for today.
seekingalpha.com
- 1 month ago
Tidewater (TDW) Q4 Earnings Meet Estimates
Tidewater (TDW) came out with quarterly earnings of $0.70 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.94 per share a year ago.
zacks.com
- 1 month ago
Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2024
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and twelve months ended December 31, 2024 of $345.1 million and $1,345.8 million, respectively, compared with $302.7 million and $1,010.0 million, respectively, for the three and twelve months ended December 31, 2023. Tidewater's net income for the three and twelve months ended December 31, 2024, was $36.9 million ($0.70 per common share) and $180.7 million ($3.40 per common share), respectively, compared.
businesswire.com
- 1 month ago
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 and twelve months ending December 31, 2024, on Thursday, February 27, 2025 after market close. An earnings conference call has been scheduled for Friday, February 28, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 2024. In.
businesswire.com
- 1 month ago
Tidewater: Solid And Sustainable Amid Crests And Troughs
Tidewater's strategic pricing, market penetration, and operational efficiency helps it sustain topline growth despite some headwinds. Its healthy Balance Sheet shows it's a very sustainable company. Underpricing is evident, as price ratios and DCF Model suggests attractive upside potential.
seekingalpha.com
- 2 months ago
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, especially after the acquisitions of Swire Pacific Offshore and Solstad Offshore. The order book in the OSV industry represents approximately 3.0% of the global fleet.
seekingalpha.com
- 4 months ago
Oil's Rally Could Boost These 3 Shipping Stocks
Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatility allows money to be made as long as the original idea behind a trade is sound enough.
marketbeat.com
- 4 months ago
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 profitability eclipsed previous multi-year highs, fleet utilization was disappointing. Management attributed the underperformance to a mix of project delays, higher-than-expected drydocking requirements, and increased customer caution.
seekingalpha.com
- 5 months ago
8. Profile
Summary
Tidewater Inc. TDW
COUNTRY
US
INDUSTRY
Oil & Gas Equipment & Services
MARKET CAP
$ 1.83 B
Dividend Yield
0.00%
Description
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; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply and horsepower anchor handling tug supply vessels for use in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats, utility vessels, and offshore tugs to transport personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs for use in tow floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe and cable laying, and construction barges. The company serves oil and natural gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. As of December 31, 2021, it owned 135 vessels. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.
Contact
842 West Sam Houston Parkway North, Houston, TX, 77024
https://www.tdw.com
IPO
Date
March 17, 1980
Employees
7700
Officers
Mr. Geoff Youngs
Vice President & Controller
Mr. Darren J. Vorst
Vice President & Treasurer
Mr. Quintin V. Kneen CPA
President, Chief Executive Officer & Director
Mr. Daniel A. Hudson J.D.
Executive Vice President, General Counsel & Corporate Secretary
Ms. Lisa M. Ortega
Vice President of Human Resources
Mr. West Gotcher
Senior Vice President of Strategy, Corporate Development & IR
Mr. Samuel R. Rubio CPA
Executive Vice President & Chief Financial Officer
Mr. Lee R. Johnson
Executive Vice President & Chief Information Officer
Mr. David E. Darling
Executive Vice President & Chief Operating Officer
Piers Dayer Middleton
Executive Vice President & Chief Commercial Officer