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
Industry Water transportation
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Phone713-470-5300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$129.21 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date2/28/2019 (Confirmed)
OptionableOptionable
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) released its earnings results on Monday, August, 13th. The oil and gas company reported ($0.32) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.42) by $0.10. The oil and gas company had revenue of $105.60 million for the quarter, compared to the consensus estimate of $94.75 million. Tidewater had a negative net margin of 26.10% and a negative return on equity of 8.31%. The company's revenue was down 8.3% compared to the same quarter last year. 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." View Analyst Ratings for Tidewater.
Has Tidewater been receiving favorable news coverage?
Headlines about TDW stock have been trending somewhat positive this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tidewater earned a news impact score of 1.7 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.
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 (TGP), Golar LNG Partners (GMLP), GasLog Partners LP Unit (GLOP), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), Teekay Offshore Partners (TOO), International Seaways (INSW), Nordic American Tanker (NAT), Teekay Tankers (TNK), Dynagas LNG Partners (DLNG) and Hornbeck Offshore Services (HOS).
What other stocks do shareholders of Tidewater own?
Who are Tidewater's key executives?
Tidewater's management team includes the folowing people:
- Mr. Jeffrey A. Gorski, COO & Exec. VP (Age 58)
- Mr. Bruce D. Lundstrom, Exec. VP, Gen. Counsel & Sec. (Age 56)
- Mr. Quinn P. Fanning, Exec. VP (Age 55)
- Mr. John T. Rynd, Pres, CEO & Director (Age 62)
- Mr. Quintin V. Kneen, Exec. VP & CFO (Age 53)
Who are Tidewater's major shareholders?
Tidewater's stock is owned by many different of retail and institutional investors. Top institutional investors include American International Group Inc. (8.66%), BlackRock Inc. (7.55%), Q Global Advisors LLC (6.41%), Canyon Capital Advisors LLC (4.33%), Northern Trust Corp (1.28%) and Prudential Financial Inc. (1.19%). Company insiders that own Tidewater stock include Craig Demarest and Quinn P Fanning. View Institutional Ownership Trends for Tidewater.
Which institutional investors are selling Tidewater stock?
TDW stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., SG Americas Securities LLC, Two Sigma Advisers LP, Ruffer LLP, MetLife Investment Advisors LLC, LPL Financial LLC and Virginia National Bank. Company insiders that have sold Tidewater company stock in the last year include Craig Demarest and Quinn P Fanning. View Insider Buying and Selling for Tidewater.
Which institutional investors are buying Tidewater stock?
TDW stock was bought by a variety of institutional investors in the last quarter, including Q Global Advisors LLC, Canyon Capital Advisors LLC, BlackRock Inc., Dimensional Fund Advisors LP, Geode Capital Management LLC, Northern Trust Corp, Bank of New York Mellon Corp and Boston Partners. View Insider Buying and Selling for Tidewater.
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 $23.38.
How big of a company is Tidewater?
Tidewater has a market capitalization of $637.41 million and generates $129.21 million in revenue each year.
What is Tidewater's official website?
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.
