Tidewater(TDW)

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Tidewater: Robust Demand, Supply Constraints, And Conservative Consensus Estimates
Seeking Alpha· 2024-05-30 19:01
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), ...
Tidewater(TDW) - 2024 Q1 - Earnings Call Transcript
2024-05-03 21:13
Tidewater Inc. (NYSE:TDW) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants West Gotcher - VP, Finance & IR Quintin Kneen - President & CEO Piers Middleton - Chief Commercial Officer Sam Rubio - CFO Conference Call Participants Jim Rollyson - Raymond James Fredrik Stene - Clarksons Securities David Smith - Pickering Energy Partners Josh Jayne - Daniel Energy Sherif Elmaghrabi - BTIG Don Crist - Johnson Rice Operator Thank you for standing by. My name is Dee, and I will be your con ...
Tidewater(TDW) - 2024 Q1 - Quarterly Results
2024-05-02 20:26
Quintin Kneen, Tidewater's President and Chief Executive Officer, commented, "First quarter results came in nicely above our expectations, especially for a period that is typically the slowest quarter of the year due to seasonality in certain markets and a front-loaded drydock schedule. Our consolidated global average day rate continued the upward trend we saw throughout 2023, with the average day rate increasing nearly $1,500 per day sequentially, an increase of over 8%. Each of our classes of vessels saw ...
Tidewater(TDW) - 2024 Q1 - Quarterly Report
2024-05-02 20:24
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 March 31, 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) (State or other jurisdiction of incorporation) (I.R.S. Employer Id ...
Tidewater(TDW) - 2023 Q4 - Annual Report
2024-02-29 21:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ 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 (Exact name of registrant as specified in its charter) Delaware 72-0487776 (State of incorporation) (I.R.S. Employer Ide ...
Tidewater(TDW) - 2023 Q4 - Annual Results
2024-02-29 21:28
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 and Twelve Months Ended December 31, 2023 Full-Year 2023 Highlights Fourth Quarter 2023 Highlights Share Repurchase Program and 2024 Guidance HOUSTON, February 29, 2024 - Tidewater Inc. (NYSE:TDW) announced today revenue for the three and twelve months ended December 31, 2023 of $302.7 million and $1,010.0 million, respectively, compared with $186.7 million ...
Tidewater(TDW) - 2023 Q3 - Earnings Call Transcript
2023-11-07 18:04
Tidewater Inc. (NYSE:TDW) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants West Gotcher - Vice President, Finance and Investor Relations Quintin Kneen - President and CEO Sam Rubio - Chief Financial Officer Piers Middleton - Chief Commercial Officer Conference Call Participants Jim Rollyson - Raymond James Greg Lewis - BTIG Operator Thank you for standing by. My name is Eric, and I will be your conference operator today. At this time, I would like to welcome everyone to the ...
Tidewater(TDW) - 2023 Q3 - Quarterly Report
2023-11-06 21:39
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 September 30, 2023 ☐ 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) (State or other jurisdiction of incorporation) (I.R.S. Employe ...
Tidewater(TDW) - 2023 Q2 - Earnings Call Transcript
2023-08-08 18:35
Tidewater, Inc. (NYSE:TDW) Q2 2023 Earnings Conference Call August 8, 2023 9:00 AM ET Company Participants West Gotcher - VP, Finance & Investor Relations Quintin Kneen - President, CEO & Director Piers Middleton - VP Sales & Marketing Samuel Rubio - EVP & CFO Conference Call Participants James Rollyson - Raymond James & Associates Fredrik Stene - Clarksons Securities Gregory Lewis - BTIG Operator Thank you for standing by. My name is Ian, and I will be your conference operator today. At this time, I would ...
Tidewater(TDW) - 2023 Q2 - Quarterly Report
2023-08-07 20:46
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, 2023 ☐ 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) ...