Company Overview - Tidewater Inc. is a leading provider of marine support services to the global offshore energy industry, operating a diversified fleet and delivering critical logistics and transportation solutions [6] - The company supports complex offshore projects, including oil, gas, and renewable energy developments, positioning itself as a key partner for energy operators [6] - As of February 11, 2026, Tidewater's market capitalization is $3.53 billion, with a revenue of $1.36 billion and a net income of $151.68 million [4] Recent Financial Performance - Tidewater's latest quarter revenue reached $341.1 million, essentially flat year over year, while adjusted EBITDA was $137.9 million [10] - For the first nine months, net income attributable to shareholders was $114.8 million, and management tightened full-year revenue guidance to a range of $1.33 billion to $1.35 billion [10] - The company introduced a revenue range of $1.32 billion to $1.37 billion for the next year, along with a remaining $500 million share repurchase authorization [10] Market Position and Stock Performance - As of February 11, shares of Tidewater were priced at $71.16, reflecting a 29.6% increase over the prior 12 months, outperforming the S&P 500's roughly 14% gain in the same period [3] - Tidewater's vessel utilization sits near 76% fleetwide, with average day rates at $22,798 [12] Recent Transactions - Sagil Capital LLP fully exited its position in Tidewater by selling 201,763 shares in the fourth quarter for an estimated $10.76 million [1][2] - The sale reflects both the share sale and underlying price changes, indicating that gains may already be priced in after a significant run [11]