TDW - Tidewater Inc Stock Price, Fair Value and News

107.14USD-1.69 (-1.55%)Market Closed

Market Summary

USD107.14-1.69

Market Closed

-1.55%

TDW Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

TDW Stock Price

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TDW RSI Chart

TDW Valuation

Market Cap

5.7B

Price/Earnings (Trailing)

42.35

Price/Sales (Trailing)

4.97

EV/EBITDA

14.13

Price/Free Cashflow

50.12

TDW Price/Sales (Trailing)

TDW Profitability

EBT Margin

15.46%

Return on Equity

12.65%

Return on Assets

6.42%

Free Cashflow Yield

TDW Fundamentals

TDW Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

66.32%

Rev. Growth (Qtr)

6.11%

TDW Earnings

Earnings (TTM)

133.5M

Earnings Growth (Yr)

337.94%

Earnings Growth (Qtr)

24.86%

Breaking Down TDW Revenue

Last 7 days

17.2%

Last 30 days

8.6%

Last 90 days

57.8%

Trailing 12 Months

136.3%

How does TDW drawdown profile look like?

TDW Financial Health

Current Ratio

1.81

Debt/Equity

0.59

Debt/Cashflow

0.24

TDW Investor Care

Dividend Yield

25.76%

Dividend/Share (TTM)

24.19

Shares Dilution (1Y)

3.73%

Diluted EPS (TTM)

2.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	735.1M	786.6M	894.1M	1.0B
2022	393.3M	466.8M	566.1M	647.7M
2021	364.2M	351.8M	357.7M	371.0M
2020	480.8M	457.3M	424.0M	397.0M
2019	437.2M	457.4M	478.0M	486.5M
2018	421.6M	375.8M	400.7M	406.5M
2017	601.6M	548.8M	556.4M	445.2M
2016	979.1M	842.2M	714.0M	625.0M
2015	1.5B	1.4B	1.3B	1.1B
2014	1.4B	1.5B	1.5B	1.5B
2013	1.2B	1.3B	1.3B	1.4B
2012	1.1B	1.1B	1.2B	1.2B
2011	1.1B	1.0B	1.0B	1.0B
2010	1.2B	1.1B	1.1B	1.1B
2009	1.4B	1.3B	1.3B	1.2B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Tidewater Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	robotti robert	acquired	31,235	93.8	333	-
Mar 22, 2024	darling david e	sold (taxes)	-924,784	90.87	-10,177	evp, coo & chief hr officer
Mar 22, 2024	rubio samuel r	sold (taxes)	-924,784	90.87	-10,177	evp, cfo & cao
Mar 22, 2024	kneen quintin	acquired	6,919,440	11.4607	603,756	director, president & ceo
Mar 22, 2024	hudson daniel a.	sold (taxes)	-902,521	90.87	-9,932	evp & general counsel
Mar 22, 2024	kneen quintin	sold (taxes)	-27,279,900	89.9141	-303,400	director, president & ceo
Mar 21, 2024	rubio samuel r	acquired	-	-	5,565	evp, cfo & cao
Mar 21, 2024	kneen quintin	acquired	-	-	19,477	director, president & ceo
Mar 21, 2024	hudson daniel a.	acquired	-	-	4,730	evp & general counsel
Mar 21, 2024	darling david e	acquired	-	-	6,956	evp, coo & chief hr officer

Which funds bought or sold TDW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Inspire Investing, LLC	reduced	-13.91	37,791	421,488	0.04%
May 07, 2024	PECAUT & CO.	unchanged	-	626,535	2,898,000	1.08%
May 07, 2024	Capital Wealth Planning, LLC	new	-	864,800	864,800	0.01%
May 07, 2024	Inspire Advisors, LLC	new	-	245,862	245,862	0.03%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-20.45	238,533	16,180,700	-%
May 07, 2024	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	new	-	34,897,700	34,897,700	5.38%
May 07, 2024	Oppenheimer & Close, LLC	reduced	-39.22	-87,112	300,840	0.26%
May 07, 2024	Arizona State Retirement System	reduced	-2.49	62,195	317,032	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-8.95	302,000	2,172,000	-%
May 07, 2024	ZEVENBERGEN CAPITAL INVESTMENTS LLC	new	-	542,800	542,800	0.01%

Are Funds Buying or Selling TDW?

Are funds buying TDW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TDW

No. of Funds

Unveiling Tidewater Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2024	robotti robert	6.5%	3,392,575	SC 13D/A
Feb 14, 2024	price t rowe associates inc /md/	9.8%	5,164,825	SC 13G/A
Feb 13, 2024	vanguard group inc	7.25%	3,829,340	SC 13G/A
Feb 12, 2024	neuberger berman group llc	5.90%	3,115,246	SC 13G
Jan 29, 2024	blackrock inc.	6.5%	3,427,336	SC 13G/A
Sep 11, 2023	price t rowe associates inc /md/	10.9%	5,760,609	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	16.0%	8,099,470	SC 13G/A
Feb 14, 2023	american international group, inc.	0.1%	52,869	SC 13G/A
Feb 14, 2023	moerus capital management llc	3.18%	1,479,017	SC 13G/A
Feb 09, 2023	vanguard group inc	5.24%	2,646,378	SC 13G/A

Recent SEC filings of Tidewater Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	144	Notice of Insider Sale Intent
May 07, 2024	144	Notice of Insider Sale Intent
May 07, 2024	144	Notice of Insider Sale Intent
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Tidewater Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	68.4B	-	-11.45%	1.44%	15.77	17.99	-86.47%	12.21%
HAL	32.8B	23.1B	-9.59%	23.02%	12.63	1.42	6.71%	32.21%
MID-CAP
FTI	11.5B	8.1B	-0.11%	88.18%	53.85	1.41	18.75%	572.06%
NOV	7.5B	8.8B	-7.16%	19.44%	7.58	0.85	14.70%	198.19%
CHX	6.5B	3.7B	-12.00%	24.29%	17.72	1.73	-4.02%	100.20%
LBRT	3.6B	4.6B	-1.62%	78.19%	7.62	0.8	-1.29%	-16.22%
AROC	3.2B	1.0B	-3.45%	103.74%	24.42	3.06	17.17%	118.50%
SMALL-CAP
DNOW	1.6B	2.3B	-4.73%	57.39%	6.31	0.67	8.66%	93.36%
CLB	681.3M	-	-4.75%	-21.89%	28.73	1.36	-	-
DRQ	661.6M	443.5M	-17.04%	-24.68%	-30.5	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	269.0M	701.7M	-28.38%	-23.75%	10.51	0.38	0.29%	55.69%

Tidewater Inc News

Latest updates

Tidewater Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.1%	321	303	299	215	193	187	192	163	106	105	92.00	90.00	84.00	92.00	86.00	102	116	119	120	126	122
Costs and Expenses	-0.1%	239	240	244	176	169	174	173	162	113	132	114	110	110	117	112	220	135	169	142	130	132
S&GA Expenses	-100.0%	-	25.00	21.00	26.00	24.00	29.00	27.00	28.00	18.00	18.00	18.00	17.00	16.00	17.00	17.00	18.00	21.00	22.00	30.00	24.00	27.00
EBITDA Margin	8.8%	0.37*	0.34*	0.30*	0.28*	0.23*	0.20*	0.13*	0.08*	0.06*	0.01*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Interest Expenses	-14.1%	16.00	18.00	1.00	8.00	0.00	8.00	0.00	8.00	-	4.00	3.00	3.00	4.00	5.00	5.00	5.00	5.00	8.00	8.00	8.00	8.00
Income Taxes	21.1%	13.00	11.00	9.00	11.00	12.00	2.00	6.00	7.00	5.00	-3.05	1.00	6.00	2.00	-4.48	6.00	3.00	-5.17	1.00	15.00	6.00	6.00
Earnings Before Taxes	24.3%	60.00	48.00	35.00	33.00	23.00	12.00	11.00	-18.39	-7.05	-41.13	-25.52	-23.62	-33.52	-33.90	-32.13	-107	-23.69	-59.29	-28.73	-10.01	-15.46
EBT Margin	12.4%	0.15*	0.14*	0.11*	0.10*	0.04*	0.00*	-0.10*	-0.20*	-0.25*	-0.33*	-0.33*	-0.35*	-	-	-	-	-	-	-	-	-
Net Income	24.9%	47.00	38.00	26.00	23.00	11.00	11.00	5.00	-25.58	-12.17	-37.93	-26.26	-29.46	-35.31	-29.25	-37.93	-110	-18.44	-59.85	-44.20	-15.96	-21.73
Net Income Margin	21.9%	0.12*	0.10*	0.08*	0.06*	0.00*	-0.03*	-0.12*	-0.22*	-0.27*	-0.35*	-0.34*	-0.38*	-	-	-	-	-	-	-	-	-
Free Cashflow	12.8%	44.00	39.00	29.00	1.00	4.00	40.00	22.00	-25.75	-12.85	1.00	-3.22	4.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	2,078	2,063	2,072	1,344	1,327	1,298	1,283	1,283	1,054	1,096	1,123	1,152	1,189	1,251	1,351	1,416	1,553	1,580	1,754	1,792	1,809
Current Assets	4.1%	616	591	575	410	396	378	347	330	309	343	350	355	364	389	441	474	518	537	645	670	674
Cash Equivalents	2.3%	281	274	275	171	165	164	115	88.00	136	149	127	131	132	150	192	203	188	218	359	370	391
Net PPE	-2.2%	1,287	1,315	1,348	785	786	797	816	839	678	688	709	732	755	780	821	840	923	780	1,023	1,041	1,065
Current Liabilities	3.2%	339	329	332	206	215	195	184	188	125	158	300	163	173	183	163	162	190	186	160	154	156
Long Term Debt	-1.7%	620	631	641	180	169	169	169	168	168	168	14.00	149	148	165	246	273	273	279	420	425	427
LT Debt, Current	-0.1%	103	103	102	50.00	-	-	-	-	-	-	141	7.00	18.00	28.00	10.00	9.00	9.00	10.00	10.00	10.00	10.00
LT Debt, Non Current	-100.0%	-	631	641	180	169	169	169	168	168	168	14.00	149	148	165	246	273	273	279	420	425	427
Shareholder's Equity	1.5%	1,055	1,039	1,033	893	873	866	847	842	690	702	735	760	789	823	854	890	999	1,016	1,078	1,116	1,128
Retained Earnings	6.8%	-594	-637	-640	-666	-688	-699	-710	-715	-690	-677	-639	-613	-584	-548	-519	-481	-371	-352	-292	-248	-232
Additional Paid-In Capital	-1.5%	1,646	1,672	1,668	1,555	1,554	1,557	1,555	1,555	1,377	1,376	1,375	1,374	1,373	1,372	1,371	1,370	1,368	1,368	1,366	1,360	1,356
Accumulated Depreciation	7.8%	468	434	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	1.0%	53.00	52.00	53.00	51.00	51.00	51.00	46.00	42.00	42.00	41.00	41.00	41.00	-	-	-	-	-	-	-	-	-
Minority Interest	-18.2%	-1.82	-1.54	-1.21	-0.56	0.00	0.00	0.00	1.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00
Float	-	-	-	-	2,600	-	-	-	827	-	-	-	468	-	-	-	224	-	-	-	883	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	16.0%	54,765	47,231	34,939	9,741	12,794	45,340	28,113	-21,603	-11,624	6,938	-2,499	4,851	5,716	2,180	14,629	14,702	-27,525	5,281	-15,981	-17,566	-3,157
Share Based Compensation	-21.2%	2,766	3,508	2,496	2,648	2,103	2,028	1,923	1,963	1,458	1,439	1,523	1,504	1,172	1,158	1,223	1,401	1,335	3,004	7,384	3,588	5,627
Cashflow From Investing	161.2%	1,521	-2,484	-598,948	-5,906	-2,935	164	2,769	-29,102	2,360	-6,314	3,674	17,912	9,787	-3,420	9,985	9,828	7,003	-312	-532	5,158	6,535
Cashflow From Financing	8.7%	-44,598	-48,843	671,347	-1,774	-5,174	-47.00	-122	-1,267	-1,280	-48.00	-1,393	-12,240	-27,333	-65,543	-28,868	-2,223	-3,131	-139,993	-4,018	-2,464	-3,087
Buy Backs	-	3,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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TDW Income Statement

2024-03-31

Condensed Consolidated Income Statements (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenue	$ 321,164	$ 193,104
Costs and expenses:
Vessel operating costs	167,556	115,459
Costs of other operating revenues	1,150	1,151
General and administrative	25,329	23,545
Depreciation and amortization	56,270	30,666
Gain on asset dispositions, net	(11,039)	(2,216)
Total costs and expenses	239,266	168,605
Operating income	81,898	24,499
Other income (expense):
Foreign exchange gain (loss)	(4,085)	2,348
Equity in net losses of unconsolidated companies	(5)	0
Interest income and other, net	1,483	130
Interest and other debt costs, net	(19,476)	(4,190)
Total other expense	(22,083)	(1,712)
Income before income taxes	59,815	22,787
Income tax expense	13,070	11,971
Net income	46,745	10,816
Net income (loss) attributable to noncontrolling interests	(281)	78
Net income attributable to Tidewater Inc.	$ 47,026	$ 10,738
Basic income per common share (in dollars per share)	$ 0.9	$ 0.21
Diluted income per common share (in dollars per share)	$ 0.89	$ 0.21
Weighted average common shares outstanding (in shares)	52,320	50,604
Dilutive effect of warrants, restricted stock units and stock options (in shares)	580	1,368
Adjusted weighted average common shares (in shares)	52,900	51,972
Vessel [Member]
Revenues:
Revenue	$ 318,686	$ 191,180
Product and Service, Other [Member]
Revenues:
Revenue	$ 2,478	$ 1,924

TDW Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 280,853	$ 274,437
Restricted cash	6,474	1,241
Trade and other receivables, net of allowance for credit losses of $3,687 and $15,914 at March 31, 2024 and December 31, 2023, respectively	285,968	268,352
Marine operating supplies	24,767	31,933
Prepaid expenses and other current assets	17,447	15,172
Total current assets	615,509	591,135
Net properties and equipment	1,286,618	1,315,122
Deferred drydocking and survey costs	128,639	106,698
Other assets	30,408	32,449
Total assets	2,077,816	2,062,774
Current liabilities:
Accounts payable	51,774	44,931
Accrued expenses	132,190	125,590
Current portion of long-term debt	103,009	103,077
Other current liabilities	52,164	55,133
Total current liabilities	339,137	328,731
Long-term debt	620,329	631,361
Other liabilities	63,197	64,985
Commitments and contingencies
Equity:
Common stock of $0.001 par value, 125,000,000 shares authorized, 52,759,223 and 52,259,303 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	53	52
Additional paid-in capital	1,646,061	1,671,759
Accumulated deficit	(594,347)	(637,838)
Accumulated other comprehensive income	5,209	5,266
Total stockholders’ equity	1,056,976	1,039,239
Noncontrolling interests	(1,823)	(1,542)
Total equity	1,055,153	1,037,697
Total liabilities and equity	2,077,816	2,062,774
Swire Pacific Offshore Holdings Ltd. [Member]
Current assets:
Indemnification assets	$ 16,642	$ 17,370

About Tidewater Inc

Tidewater Inc., 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. It provides services in support of offshore crude oil and natural gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves oil and natural gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

CEO	Mr. Quintin V. Kneen
WEBSITE	tdw.com
INDUSTRY	Oil - Services
EMPLOYEES	6300

Tidewater Inc Frequently Asked Questions

What is the ticker symbol for Tidewater Inc? What does TDW stand for in stocks?

TDW is the stock ticker symbol of Tidewater Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tidewater Inc (TDW)?

As of Wed May 08 2024, market cap of Tidewater Inc is 5.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TDW stock?

You can check TDW's fair value in chart for subscribers.

What is the fair value of TDW stock?

You can check TDW's fair value in chart for subscribers. The fair value of Tidewater Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tidewater Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TDW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tidewater Inc a good stock to buy?

The fair value guage provides a quick view whether TDW is over valued or under valued. Whether Tidewater Inc is cheap or expensive depends on the assumptions which impact Tidewater Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TDW.

What is Tidewater Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, TDW's PE ratio (Price to Earnings) is 42.35 and Price to Sales (PS) ratio is 4.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TDW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tidewater Inc's stock?

In the past 10 years, Tidewater Inc has provided -0.237 (multiply by 100 for percentage) rate of return.