Tidewater Inc Stock News

Tidewater is attractively valued at NTM EV/EBITDA of 4.8x and has significant upside potential, driven by tight vessel supply and improving offshore fundamentals. Ageing global OSV fleets and minimal new vessel orders support higher day rates and fleet utilisation, benefiting Tidewater's earnings outlook over the next 24 months. Offshore oil production is expected to remain stable, or slightly ...

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or “the Company”) today announced the pricing of its previously announced private offering (the “Offering”) of $650 million in aggregate principal amount of unsecured senior notes due 2030 (the “2030 Notes”). The 2030 Notes will bear interest at a rate of 9.125% per year and will mature on July 15, 2030. The 2030 Notes will be is...

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or “the Company”) today announced that it has commenced a private offering (the “Offering”) of $650 million in aggregate principal amount of unsecured senior notes due 2030 (the “2030 Notes”). The Company expects to use the net proceeds from the Offering, together with cash on hand, (i) to repay in full the Company's existing sen...

Tidewater, Inc. maintains a strong performance despite some setbacks it experienced in the Americas and the Asia Pacific. Its huge global presence and younger fleets allow it to maintain an edge over its peers. The company's robust balance sheet and consistent free cash flow generation reduce downside risk.

Tidewater Inc. reported strong first quarter 2025 results, with revenue and profitability coming in well ahead of expectations. Strong cash generation was utilized for substantial share repurchases. The company continues to evaluate options for a comprehensive debt refinancing that would allow for even higher shareholder capital returns.

Tidewater Inc. (NYSE:TDW ) Q1 2025 Earnings Conference Call May 6, 2025 9:00 AM ET Company Participants West Gotcher - Senior Vice President of Strategy, Corporate Development and Investor Relations Quintin Kneen - President and Chief Executive Officer Piers Middleton - Chief Commercial Officer Samuel Rubio - Chief Financial Officer Conference Call Participants Jim Rollyson - Raymond James Greg...

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2025 of $333.4 million, compared with $321.2 million for the three months ended March 31, 2024. Tidewater's net income for the three months ended March 31, 2025, was $42.7 million ($0.83 per common share), compared with net income of $47.0 million ($0.89 per common share) for the thr...

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending March 31, 2025, on Monday, May 5, 2025 after market close. An earnings conference call has been scheduled for Tuesday, May 6, 2025, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will d...