Tidewater Inc. Common Stock (TDW)
55.11
-0.35 (-0.63%)
Tidewater Inc. is a leading provider of offshore service vessels and marine support services to the energy industry, primarily focusing on oil and gas exploration and production
The company operates a diverse fleet of vessels, including platform supply vessels, anchor handling tug supply vessels, and crewboats, which are essential for a wide range of offshore activities, such as drilling, construction, and maintenance of offshore infrastructure. Tidewater is committed to delivering high-quality and innovative solutions to meet the operational needs of its clients while also prioritizing safety and environmental sustainability in its operations across various geographic regions.
Tidewater Reports Results for the Three and Nine Months Ended September 30, 2024
Tidewater Inc. (NYSETDW) announced today revenue for the three and nine months ended September 30, 2024 of $340.4 million and $1,000.8 million, respectively, compared with $299.3 million and $707.3 million, respectively, for the three and nine months ended September 30, 2023. Tidewater's net income for the three and nine months ended September 30, 2024, was $46.4 million ($0.87 per common share) and $143.8 million ($2.70 per common share), respectively, compared with net income of $26.2 million ($0.49 per common share) and $59.5 million ($1.13 per common share), respectively, for the three and nine months ended September 30, 2023.
By Tidewater Inc. · Via Business Wire · November 7, 2024
Tidewater Announces Earnings Release and Conference Call
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending September 30, 2024, on Thursday, November 7, 2024 after market close. An earnings conference call has been scheduled for Friday, November 8, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2024.
By Tidewater Inc. · Via Business Wire · October 31, 2024
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Tidewater Reports Results for the Three and Six Months Ended June 30, 2024
Tidewater Inc. (NYSETDW) announced today revenue for the three and six months ended June 30, 2024 of $339.2 million and $660.4 million, respectively, compared with $215.0 million and $408.1 million, respectively, for the three and six months ended June 30, 2023. Tidewater's net income for the three and six months ended June 30, 2024, was $50.4 million ($0.94 per common share) and $97.4 million ($1.83 per common share), respectively, compared with net income of $22.6 million ($0.43 per common share) and $33.3 million ($0.64 per common share), respectively, for the three and six months ended June 30, 2023.
By Tidewater Inc. · Via Business Wire · August 6, 2024
Tidewater Inc. (NYSE: TDW) is a Stock Spotlight on 10/6
Tidewater Inc. (NYSETDW) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 0.57% on the day to $65.64.
Via Investor Brand Network · October 6, 2023
Tidewater Inc. (NYSE: TDW) is a Stock Spotlight on 9/12
Tidewater Inc. (NYSETDW) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 2.08% on the day to $72.03.
Via Investor Brand Network · September 12, 2023
Tidewater Announces Earnings Release and Conference Call
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending June 30, 2024, on Tuesday, August 6, 2024 after market close. An earnings conference call has been scheduled for Wednesday, August 7, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2024.
By Tidewater Inc. · Via Business Wire · July 31, 2024
Tidewater Reports Results for the Three Months Ended March 31, 2024
Tidewater Inc. (NYSETDW) announced today revenue for the three months ended March 31, 2024 of $321.2 million, compared with $193.1 million, for the three months ended March 31, 2023. Tidewater's net income for the three months ended March 31, 2024, was $47.0 million ($0.89 per common share), compared with net income of $10.7 million ($0.21 per common share), for the three months ended March 31, 2023.
By Tidewater Inc. · Via Business Wire · May 2, 2024
Tidewater Announces Earnings Release and Conference Call
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”) announced today that it will release financial results for the three months ending March 31, 2024, on Thursday, May 2, 2024 after market close. An earnings conference call has been scheduled for Friday, May 3, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2024.
By Tidewater Inc. · Via Business Wire · April 25, 2024
Tidewater Inc. (NYSE: TDW) Making Surprising Moves in Wednesday Session
Tidewater Inc. (NYSETDW) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 4.72% on the day to $99.23.
Via Investor Brand Network · April 3, 2024
Tidewater Inc. (NYSE: TDW) is a Stock Spotlight on 8/16
Tidewater Inc. (NYSETDW) is the focus of IBN’s latest stock spotlight. The company’s shares have moved -0.84% on the day to $61.75.
Via Investor Brand Network · August 16, 2023
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Tidewater Announces Publication of 2023 Sustainability Report
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”), a leading owner and operator of offshore support vessels providing offshore energy transportation services worldwide, today announced the publication of the Company’s 2023 Sustainability Report.
By Tidewater Inc. · Via Business Wire · March 5, 2024
Tidewater Inc. (NYSE: TDW) Highlighted for Surprising Price Action
Tidewater Inc. (NYSETDW) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 16.16% on the day to $81.34.
Via Investor Brand Network · March 1, 2024
Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2023
Tidewater Inc. (NYSETDW) 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 and $647.7 million, respectively, for the three and twelve months ended December 31, 2022. Tidewater's net income for the three and twelve months ended December 31, 2023, was $37.7 million ($0.70 per common share) and $97.2 million ($1.84 per common share), respectively, compared with net income (losses) of $10.6 million ($0.20 per common share) and $(21.7) million ($0.49 per common share), respectively, for the three and twelve months ended December 31, 2022.
By Tidewater Inc. · Via Business Wire · February 29, 2024
Tidewater Announces Earnings Conference Call
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Friday, March 1, 2024, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three and twelve months ending December 31, 2023.
By Tidewater Inc. · Via Business Wire · February 22, 2024
American Rare Earths Appoints New Chairman
DENVER, Nov. 17, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (ARR or the Company) announces the retirement of long-serving Chairman of the board, Mr. Francis Creagh O’Connor effective at the Annual General Meeting which took place on November 16, 2023. Mr. Kenneth ‘Ken’ Traub, who joined the Board on August 18, 2023, has become Chairman effective immediately after Mr. O'Connor's retirement.
By American Rare Earths · Via GlobeNewswire · November 17, 2023
Tidewater Reports Results for the Three and Nine Months Ended September 30, 2023
Tidewater Inc. (NYSETDW) announced today revenue for the three and nine months ended September 30, 2023 of $299.3 million and $707.3 million, respectively, compared with $191.8 million and $460.9 million, respectively, for the three and nine months ended September 30, 2022. Tidewater's net income for the three and nine months ended September 30, 2023, was $26.2 million ($0.49 per common share) and $59.5 million ($1.13 per common share), respectively, compared with net income (losses) of $5.4 million ($0.10 per common share) and $(32.4) million ($0.76 per common share), respectively, for the three and nine months ended September 30, 2022.
By Tidewater Inc. · Via Business Wire · November 6, 2023
Tidewater Announces Earnings Conference Call
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Tuesday, November 7, 2023, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2023.
By Tidewater Inc. · Via Business Wire · October 30, 2023
Tidewater Inc. (NYSE: TDW) Climbs to New 52-Week High
Shares of Tidewater Inc. (NYSETDW) traded at a new 52-week high today and are currently trading at $70.53. So far today, approximately 61,521 shares have been exchanged, as compared to an average 30-day volume of 922.63k shares.
Via Investor Brand Network · September 29, 2023
Tidewater to Attend Barclays CEO Energy-Power Conference
Tidewater Inc. (NYSETDW) announced today that members of management will participate in the Barclays CEO Energy-Power Conference in New York City on September 5 - 6, 2023. A copy of Tidewater’s investor presentation for these meetings can be found on the Events and Presentations page of the company’s Investor Relations website at investor.tdw.com.
By Tidewater Inc. · Via Business Wire · September 4, 2023
Kenneth H. Traub Appointed to the Board of American Rare Earths
DENVER, Aug. 18, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY| Common Shares - OTCQB: ARRNF| FSE:1BHA) (ARR or the Company) is pleased to announce that Mr. Kenneth (Ken) H. Traub has joined the Board of Directors of the Company. Mr. Traub has over 30 years of experience as a CEO, chairman, director, investor and consultant in public companies with a successful track record of driving strategic, financial, operational and governance improvements to enhance shareholder value. His appointment to ARR’s Board is a highly valued addition as the company expands its presence in the United States.
By American Rare Earths · Via GlobeNewswire · August 18, 2023
Tidewater Reports Results for the Three and Six Months Ended June 30, 2023
Tidewater Inc. (NYSETDW) announced today revenue for the three and six months ended June 30, 2023 of $215.0 million and $408.1 million, respectively, compared with $163.4 million and $269.2 million, respectively, for the three and six months ended June 30, 2022. Tidewater's net income for the three and six months ended June 30, 2023, was $22.6 million ($0.43 per common share) and $33.3 million ($0.64 per common share), respectively, compared with net losses of $25.6 million ($0.61 per common share) and $37.7 million ($0.91 per common share), respectively, for the three and six months ended June 30, 2022. Included in the net income for the three and six months ended June 30, 2023 were merger and severance expenses of $1.2 and $2.7 million, respectively. Excluding these items, we would have reported net income for the three and six months ended June 30, 2023 of $23.8 million ($0.46 per common share) and $36.0 million ($0.69 per common share), respectively. Included in the net losses for the three and six months ended June 30, 2022 were merger and severance expenses of $7.3 and $9.6 million, respectively; and loss on warrants of $14.2 million for both periods. Included in the net losses for the six months ended June 30, 2022 were long-lived asset impairment credit and gain on bargain purchase of $1.8 million. Excluding these items, we would have reported net losses for the three and six months ended June 30, 2022 of $4.1 million ($0.10 per common share) and $15.7 million ($0.38 per common share), respectively.
By Tidewater Inc. · Via Business Wire · August 7, 2023
Tidewater Announces Earnings Conference Call
Tidewater Inc. (NYSETDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Tuesday, August 8, 2023, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending June 30, 2023.
By Tidewater Inc. · Via Business Wire · July 31, 2023
Tidewater Announces Completion of Acquisition and Associated Financing of Platform Supply Vessels From Solstad Offshore
Tidewater Inc. (NYSETDW) (the “Company”) today announced the closing of its acquisition of 37 platform supply vessels and related assets from Solstad Offshore ASA. In connection with the Company’s financing of the Solstad acquisition, the Company completed its previously announced bond offering in the Nordic bond market on July 3, 2023. The purchase price of approximately $580.0 million consists of the previously announced $577.0 million base purchase price along with an initial $3.0 million purchase price adjustment, that will be adjusted for bunkers and other consumables within the next fourteen days. The purchase price was funded through a combination of cash on hand, net proceeds from the $250.0 million Nordic bond issuance and net proceeds from the $325.0 million senior secured term loan made pursuant to a Credit Agreement dated June 30, 2023 with DNB Bank ASA, New York Branch, as facility agent, and other lenders.
By Tidewater Inc. · Via Business Wire · July 5, 2023