arild lilleboe Recap Please check our bull thesis on Tidewater Inc. (NYSE:TDW). We believe supportive oil prices will encourage more exploration and production of oil. With peaking Permian Basin output and reduced offshore break-even levels, drillers increasingly seek offshore projects to accommodate the growing demand, despite risks from decarbonization measures. Additionally, the supply-constrained market is likely to stay given fewer shipyards available and high newbuild and secondhand prices. We believe ...

Investors in Tidewater Inc. (TDW) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $30 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...

Tidewater Inc. (NYSE:TDW) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants West Gotcher - VP, Finance & IR Quintin Kneen - President & CEO Piers Middleton - Chief Commercial Officer Samuel Rubio - CFO Conference Call Participants Magnus Anderson - Fearnley Securities Don Crist - Johnson Rice Josh Jayne - Daniel Energy Partners David Smith - Pickering Energy Partners Fredrik Stene - Clarksons Securities Greg Lewis - BTIG Jim Rollyson - Raymond James Operator Thank you for standi ...

Tidewater (TDW) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 30.56%. A quarter ago, it was expected that this offshore energy services provider would post earnings of $0.49 per share when it actually produced earnings of $0.89, delivering a surprise of 81.63%. Over the last four qu ...

Exhibit 99.1 Tidewater Reports Results for the Three and Six Months Ended June 30, 2024 Second Quarter 2024 Highlights ● Revenue of $339.2 million, an increase of $18.1 million, or 5.6%, from the first quarter of 2024 ● Average day rate increased to $21,130 per day, $1,567 higher than the first quarter of 2024 ● Composite leading edge term contract average day rate of $28,754 o > 900m2 PSV - leading edge term contract average day rate improved 8% to $35,172 o 700 - 900m2 PSV - leading edge term contract ave ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 1-6311 Tidewater Inc. (Exact name of registrant as specified in its charter) Delaware 72-0487776 (State or other jurisdiction of incorporation) ...

Even though Tidewater's stock has recently experienced a significant increase, I still consider it to be an attractive option for investors. Source: Tidewater's presentation Number of Vessels Average Age (yrs) Average Age - The market for OSVs is currently driven by several key factors, with the main drivers being deepwater exploration capital expenditure and the utilization rates of oil rigs. High oil prices recently have made it financially feasible to explore as well as produce oil and gas offshore, resu ...

Sergei Dubrovskii Investment Thesis Demand for OSVs will remain robust as a result of healthy oil prices, peaking US shale production, and lower offshore breakeven levels. On the supply side, limited yard capacity, high newbuilding and secondhand prices, and ageing global fleet will retain day rates and utilization rates high. Lastly, we believe that the market is too conservative in anticipating TDW's future revenue. Our estimated fair value is between $125 and $163 per share (22% to 59% upside potential), ...

Thank you for standing by. My name is Dee, and I will be your conference operator today. At this time, I would like to welcome everyone to the Tidewater First Quarter 2024 Earnings Conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-andanswer session. [Operator Instructions] Thank you, Dee. Good morning, everyone, and welcome to Tidewater's first quarter 2024 earnings conference call. I'm joined on the call this morning b ...

Exhibit 99.1 Tidewater Inc. 842 West Sam Houston Parkway North, Suite 400 Houston, TX 77024, USA +1.713.470.5300 Tidewater Reports Results for the Three Months Ended March 31, 2024 First Quarter 2024 Highlights ● Revenue of $321.2 million, an increase of $18.5 million, or 6.1%, from the fourth quarter of 2023 ● Average day rate increased to $19,563 per day, $1,497 higher than the fourth quarter of 2023 ● Composite leading edge term contract day rate increased to $30,641 ● Net income of $47.0 million, an inc ...