TDW stock icon

Tidewater

47.00 USD
-2.90
5.81%
At close Dec 6, 4:00 PM EST
After hours
47.50
+0.50
1.06%
1 day
-5.81%
5 days
-9.13%
1 month
-27.89%
3 months
-36.85%
6 months
-50.23%
Year to date
-33.06%
1 year
-17.22%
5 years
194.67%
10 years
88.00%
 

About: Tidewater Inc provides offshore service vessels and marine support services to the offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations, and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.

Employees: 7,300

0
Funds holding %
of 6,794 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $55.1M | Put options by funds: $39.2M

2% less funds holding

Funds holding: 311 [Q2] → 304 (-7) [Q3]

2.39% less ownership

Funds ownership: 101.66% [Q2] → 99.27% (-2.39%) [Q3]

11% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 63

13% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 112

27% less capital invested

Capital invested by funds: $5.11B [Q2] → $3.73B (-$1.37B) [Q3]

31% less funds holding in top 10

Funds holding in top 10: 13 [Q2] → 9 (-4) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$102
117%
upside
Avg. target
$102
117%
upside
High target
$102
117%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Raymond James
James Rollyson
46% 1-year accuracy
6 / 13 met price target
117%upside
$102
Outperform
Downgraded
11 Nov 2024

Financial journalist opinion

Based on 6 articles about TDW published over the past 30 days

Neutral
Seeking Alpha
23 hours 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.
Tidewater: Offsetting Lower Utilization Rates With Higher Pricing
Neutral
MarketBeat
2 weeks 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.
Oil's Rally Could Boost These 3 Shipping Stocks
Negative
Seeking Alpha
2 weeks 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.
Tidewater: Weak Offshore Drilling Activity Impacts Near-Term Outlook - Hold
Positive
Benzinga
3 weeks ago
Top 4 Energy Stocks That Could Blast Off In November
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Top 4 Energy Stocks That Could Blast Off In November
Neutral
Seeking Alpha
4 weeks ago
Tidewater Inc. (TDW) Q3 2024 Earnings Call Transcript
Tidewater Inc. (NYSE:TDW ) Q3 2024 Earnings Conference Call November 8, 2024 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 David Smith - Pickering Energy Partners Greg Lewis - BTIG Don Crist - Johnson Rice James West - Evercore Fredrik Stene - Clarksons Securities Operator Thank you for standing by. My name is Novi, and I'll be your operator today.
Tidewater Inc. (TDW) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Tidewater (TDW) Beats Q3 Earnings and Revenue Estimates
Tidewater (TDW) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.77 per share a year ago.
Tidewater (TDW) Beats Q3 Earnings and Revenue Estimates
Neutral
Business Wire
1 month ago
Tidewater Reports Results for the Three and Nine Months Ended September 30, 2024
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and nine months ended September 30, 2024 of $340.4 million and $1,000.8 million, respectively, compared with $299.3 million and $707.3 million, respectively, for the three and nine months ended September 30, 2023. Tidewater's net income for the three and nine months ended September 30, 2024, was $46.4 million ($0.87 per common share) and $143.8 million ($2.70 per common share), respectively, compared with.
Tidewater Reports Results for the Three and Nine Months Ended September 30, 2024
Neutral
Business Wire
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 months ending September 30, 2024, on Thursday, November 7, 2024 after market close. An earnings conference call has been scheduled for Friday, November 8, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2024. Investors and interested.
Tidewater Announces Earnings Release and Conference Call
Neutral
Seeking Alpha
1 month ago
Tidewater: Best Shipping Sector Outlook With An Attractive Entry Price
The OSV outlook is one of the most interesting in the shipping industry. The order book is nearly zero, and there are only a few laid-up vessels available. After the recent sell-off, Tidewater is trading at interesting price levels. Due to volatile oil prices, next year could face more headwinds than before; however, the long-term outlook is promising.
Tidewater: Best Shipping Sector Outlook With An Attractive Entry Price
Neutral
MarketBeat
2 months ago
3 Dependable Stocks Ready to Dominate Your Portfolio
There are two ways to interpret global events happening right now, from a weakening state in consumer discretionary trends to the geopolitical conflicts taking place in the Middle East. The first and most common is to read about them in the news and never think of them again.
3 Dependable Stocks Ready to Dominate Your Portfolio
Charts implemented using Lightweight Charts™