Tidewater
About: Tidewater Inc provides marine and transportation services to the offshore energy industry. The company's vessels and associated services support all phases of offshore crude oil and natural gas (also referred to as oil and gas) exploration activities, field development, production, and maintenance, as well as windfarm development and maintenance. Its services include towing and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workovers, production activities, field abandonment, dismantlement, and restoration activities; and Others. The group manages its business through five segments including the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa.
Employees: 7,700
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
7% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 57
4% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 96
0% more funds holding
Funds holding: 294 [Q4 2024] → 294 (+0) [Q1 2025]
4.44% less ownership
Funds ownership: 100.8% [Q4 2024] → 96.36% (-4.44%) [Q1 2025]
9% less funds holding in top 10
Funds holding in top 10: 11 [Q4 2024] → 10 (-1) [Q1 2025]
12% less call options, than puts
Call options by funds: $47M | Put options by funds: $53.6M
27% less capital invested
Capital invested by funds: $2.89B [Q4 2024] → $2.1B (-$795M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$70
33%
upside
Avg. target
$70
33%
upside
High target
$70
33%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Raymond James James Rollyson | 33%upside $70 | Outperform Maintained | 7 May 2025 |
Financial journalist opinion
Based on 4 articles about TDW published over the past 30 days
Neutral
Business Wire
4 days ago
Tidewater Announces Closing of $650 Million Offering of 9.125% Senior Unsecured Notes due 2030 and Entering into $250 Million Revolving Credit Facility
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or “the Company”) today announced the closing of its previously announced private offering (the “Offering”) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), of $650 million in aggregate principal amount of 9.125% senior unsecured notes due 2030 (the “2030 Notes”). The Company used the net proceeds from the Offering, together with cash on hand to: (i) repay in full the Company's ex.
Positive
Seeking Alpha
2 weeks ago
Tidewater: Huge Upside On Tightening OSV Supply Amid Stable Offshore Production
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 growing in competitive regions like the Gulf of Mexico, Guyana, and Brazil, supporting stable demand for Tidewater's services.
Neutral
Business Wire
2 weeks ago
Tidewater Announces Pricing of $650 Million Offering of Senior Notes due 2030
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 issued at par. The sale of the 2030 Notes to the initial purchasers is expected to settle on July 7, 202.
Neutral
Business Wire
2 weeks ago
Tidewater Announces Offering of $650 Million of Senior Notes Due 2030
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 senior secured term loan, (ii) to fund the redemption (the “Redemption”) of both the Company's outstandin.
Negative
Seeking Alpha
1 month ago
Tidewater: Riding Volatile Market Tides With Ease
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.
Positive
Seeking Alpha
2 months ago
Tidewater: Decent Quarter, Robust Outlook - Buy
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.
Neutral
Seeking Alpha
2 months ago
Tidewater Inc. (TDW) Q1 2025 Earnings Call Transcript
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 Lewis - BTIG Fredrik Stene - Clarksons Securities David Smith - Pickering Energy Partners Don Crist - Johnson Rice Operator Thank you for standing by. My name is Janice, and I will be your conference operator today.
Positive
Zacks Investment Research
2 months ago
Tidewater (TDW) Beats Q1 Earnings and Revenue Estimates
Tidewater (TDW) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.89 per share a year ago.
Neutral
Business Wire
2 months ago
Tidewater Reports Results for the Three Months Ended March 31, 2025
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 three months ended March 31, 2024. Quintin Kneen, Tidewater's President and Chief Executive Officer, comm.
Neutral
Business Wire
2 months 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 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 discuss results for the three months ending March 31, 2025. Investors and interested parties may listen.
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