LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third- party support provider for Oracle, SAP and VMware software, today announced the expansion of its partnership with Tidewater, the world's largest offshore service vessel (OSV) fleet operator. "Some companies know Rimini Street solely for their expert support capabilities, but they are so much more than tha ...

Group 1 - The article discusses the need to explore new investment opportunities after a previous target price was exceeded in CMBT within a month [1] - The author expresses familiarity with a particular company and indicates a potential interest in initiating a long position in TDW within the next 72 hours [1]

Night Watch Investment Management, an investment management firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund LP appreciated by 4.28% net of fees, and YTD, its performance stood at 25.88%. The portfolio continued its strong performance in the quarter. The market also experienced a strong recovery in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025. In its third-quarter 2025 in ...

Core Viewpoint - Tidewater Inc. has seen significant increases in institutional ownership, indicating strong investor interest and confidence in the company's future prospects [2][3]. Group 1: Institutional Investment Activity - Boston Partners increased its stake in Tidewater by 1,118.5% in Q2, owning 283,676 shares valued at approximately $14.09 million after acquiring an additional 260,395 shares [2]. - Northwestern Mutual Wealth Management Co. raised its stake by 2,321.4% in Q1, now holding 678 shares valued at $29,000 after buying 650 additional shares [3]. - Parkside Financial Bank & Trust grew its stake by 4,245.0% in Q2, owning 869 shares worth $40,000 after purchasing 849 shares [3]. - Other investors, including Bogart Wealth LLC and CWM LLC, also increased their stakes by 28.6% and 83.6%, respectively, during the same period [3]. - Hedge funds and institutional investors collectively own 95.13% of Tidewater's stock [3]. Group 2: Financial Performance - Tidewater reported a quarterly EPS of ($0.02), missing the consensus estimate of $0.46 by ($0.48), while revenue was $341.11 million, exceeding expectations of $328.84 million [5]. - The company's revenue increased by 0.2% compared to the same quarter last year, with a return on equity of 16.74% and a net margin of 14.62% [5]. - Analysts forecast Tidewater will post an EPS of 3.25 for the current year [5]. Group 3: Stock Buyback Program - Tidewater's board approved a stock buyback program on August 4th, authorizing the repurchase of up to $500 million in shares, representing 21.3% of its shares [6]. - Such buyback programs often signal management's belief that the stock is undervalued [6]. Group 4: Stock Performance and Valuation - As of the latest trading session, Tidewater's stock opened at $53.84, with a market cap of $2.67 billion, a PE ratio of 13.95, and a beta of 1.00 [4]. - The stock has a 12-month low of $31.17 and a high of $64.07, with 50-day and 200-day moving averages at $52.64 and $51.32, respectively [4]. Group 5: Analyst Ratings - Recent analyst ratings include a "hold (c-)" from Weiss Ratings, a downgrade from "strong-buy" to "hold" by Dnb Nor Markets, and a cut from "hold" to "strong sell" by Zacks Research [7]. - The average rating for Tidewater is "Hold" with a target price of $67.50 [7].

The share price of Tidewater Inc. (NYSE:TDW) fell by 5.91% between November 19 and November 26, 2025, putting it among the Energy Stocks that Lost the Most This Week. Here is Why Tidewater (TDW) Fell This Week Photo by Shaah Shahidh on Unsplash Tidewater Inc. (NYSE:TDW), together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. Tidewater Inc. (NYSE:TDW) announced mix ...

Core Viewpoint - Axiom Oil and Gas Inc. is engaged in a $110 million lawsuit against Tidewater Midstream and Infrastructure Ltd. regarding the Brazeau property, while also pursuing an injunction to restore sour gas handling services during the litigation process [1][2]. Company Overview - Axiom Oil and Gas Inc. is a Canadian energy company focused on generating positive shareholder returns through responsible development of crude oil and natural gas in the Western Canadian Sedimentary Basin. The company has a strategy that includes acquiring low decline, complementary opportunities to build a portfolio of free-cash flowing assets in Central Alberta [3]. Legal Proceedings - Axiom sought an injunction to restore sour gas handling services, which was not granted. However, the company obtained critical information that supports its legal case regarding the Gas Handling Agreement (GHA) with no Limitation Of Liability. Axiom believes it has a strong legal case and intends to pursue it to resume production of stranded reserves [2]. Sales Process - The sales process for the Brazeau property, managed by Sayers Energy Advisors, has bids due on November 27, 2025. This process is part of Axiom's strategy to enhance its asset portfolio [1][3].

Core Insights - The article discusses the author's extensive experience in large mining projects, financial management, and project assessment methodologies, particularly in industries with long-term projects and uncertain future revenues [1]. Group 1: Experience and Background - The author has a background in large mining projects, food processing, and commercialization of university intellectual property, indicating a diverse skill set in various sectors [1]. - The author has held financial controller positions in notable companies such as Utah International Inc, General Electric Inc, and BHP Billiton, showcasing a strong professional history in financial management [1]. Group 2: Project Assessment Methodology - The author emphasizes a unique approach to stock evaluation, suggesting that calculating future value per share is more beneficial for determining potential exit value and rate of return than calculating present value [1].

Core Insights - Axiom Oil and Gas Inc. has initiated a sales process for several non-core properties to fund further development of its Black Creek property and for general corporate purposes [1] - The Brazeau property, included in the sales process, is subject to a $110 million lawsuit against Tidewater Midstream and Infrastructure Ltd. regarding the processing of natural gas reserves [2][3] Company Overview - Axiom Oil and Gas Inc. is a growth-focused private Canadian energy company dedicated to the responsible development of crude oil and natural gas in the Western Canadian Sedimentary Basin [4] Financial and Operational Highlights - The Brazeau property contains approximately 650 barrels of oil equivalent per day (boe/d) of shut-in production and independently estimated reserves of 6.3 billion cubic feet (Bcf) of natural gas and 931,000 barrels of oil and natural gas liquids, with a net present value of $17.8 million [2] - Axiom had prepaid $4.5 million for sour plant turnaround costs under a Gas Handling Agreement (GHA) with Tidewater, which was unilaterally terminated in 2024 [2][3] Legal Context - The lawsuit against Tidewater arises from the alleged unreasonable termination of the GHA and a change in H2S specifications, which Axiom claims affects its ability to process sour gas [2][3]

Core Insights - Tidewater Inc. (NYSE:TDW) experienced an 11.1% increase in share price from November 7 to November 14, 2025, ranking among the top gaining energy stocks for the week [1] Financial Performance - Tidewater reported a mixed performance for Q3 on November 10, with a loss per share of $0.02, which was $0.43 below estimates, primarily due to a nonrecurring debt expense leading to a net loss [3] - Despite the loss, the company's revenue exceeded expectations, driven by a higher-than-expected average day rate and slightly better utilization [3] - The company updated its FY 2025 revenue guidance to a range of $1.33 billion to $1.35 billion and initiated FY 2026 revenue guidance of $1.32 billion to $1.37 billion [3] Analyst Ratings - Following the mixed Q3 report, Evercore ISI reduced its price target for Tidewater from $67 to $65 while maintaining an 'In Line' rating [4] - The analyst noted that Tidewater's early 2026 outlook appears conservative but acknowledged the company's transitional phase and the importance of broader industry recovery [4]

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