Tidewater Inc. provides offshore service vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore exploration, field development, and production, 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, remotely operated vehicle (ROV) operations, and seismic and subsea support; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply and anchor handling towing 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 and utility vessels to transport personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs for use in towing 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; independent exploration and production companies; government-owned or government-controlled organizations, and other companies; drilling contractors; and other companies, such as offshore construction, diving, and well stimulation companies. As of March 31, 2017, it owned or chartered 260 vessels and 8 ROVs. Tidewater Inc. was founded in 1956 and is headquartered in New Orleans, Louisiana.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water transportation
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:TDW
CUSIP88642310
Phone713-470-5300
Debt
Debt-to-Equity Ratio0.43
Current Ratio3.84
Quick Ratio3.71
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$129.21 million
Price / Sales5.86
Cash FlowN/A
Price / CashN/A
Book Value$46.63 per share
Price / Book0.67
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-409.22%
Return on Equity-116.17%
Return on Assets-49.56%
Miscellaneous
Employees5,510
Outstanding Shares24,100,000
Market Cap$758.97
Tidewater (NYSE:TDW) Frequently Asked Questions
What is Tidewater's stock symbol?
Tidewater trades on the New York Stock Exchange (NYSE) under the ticker symbol "TDW."
How were Tidewater's earnings last quarter?
Tidewater Inc. (NYSE:TDW) issued its earnings results on Monday, May, 14th. The oil and gas company reported ($0.76) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.55) by $0.21. The oil and gas company earned $91.50 million during the quarter, compared to analyst estimates of $105.65 million. Tidewater had a negative net margin of 409.22% and a negative return on equity of 116.17%. The firm's revenue for the quarter was down 43.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($2.01) EPS. View Tidewater's Earnings History.
When is Tidewater's next earnings date?
What is the consensus analysts' recommendation for Tidewater?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tidewater in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Are investors shorting Tidewater?
Tidewater saw a increase in short interest in June. As of June 29th, there was short interest totalling 1,632,123 shares, an increase of 185.9% from the June 15th total of 570,778 shares. Based on an average daily trading volume, of 514,230 shares, the days-to-cover ratio is currently 3.2 days. Approximately 6.5% of the company's stock are sold short. View Tidewater's Current Options Chain.
Who are some of Tidewater's key competitors?
Some companies that are related to Tidewater include Golar LNG (GLNG), Matson (MATX), GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG) and Teekay Tankers (TNK).
Who are Tidewater's key executives?
Tidewater's management team includes the folowing people:
- Mr. Quinn P. Fanning, Exec. VP & CFO (Age 54)
- Mr. Jeffrey A. Gorski, Exec. VP & COO (Age 57)
- Mr. Bruce D. Lundstrom, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 55)
- Mr. John T. Rynd, Pres, CEO & Director (Age 61)
- Mr. Craig J. Demarest, VP, Principal Accounting Officer & Controller
Has Tidewater been receiving favorable news coverage?
News coverage about TDW stock has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tidewater earned a media sentiment score of 0.14 on Accern's scale. They also assigned media coverage about the oil and gas company an impact score of 45.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
How do I buy shares of Tidewater?
Shares of TDW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tidewater's stock price today?
One share of TDW stock can currently be purchased for approximately $31.54.
How big of a company is Tidewater?
Tidewater has a market capitalization of $758.97 million and generates $129.21 million in revenue each year. Tidewater employs 5,510 workers across the globe.
How can I contact Tidewater?
Tidewater's mailing address is 6002 Rogerdale Road Suite 600, Houston TX, 77072. The oil and gas company can be reached via phone at 713-470-5300.
MarketBeat Community Rating for Tidewater (NYSE TDW)
MarketBeat's community ratings are surveys of what our community members think about Tidewater and other stocks. Vote "Outperform" if you believe TDW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TDW will underperform the S&P 500 over the long term. You may vote once every thirty days.
