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Tidewater Inc (TDW)

US · Energy · Oil & Gas Equipment & Services

$87.83-0.39%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$342.3M
Revenue YoY
+0.3%
Net profit
$21.7M
Profit YoY
-70.3%
EPS
$0.43
EPS estimate
$0.32
Net margin
6.3%

EPS came in at 0.43 against a street estimate of 0.32 — a beat of 34.4%.

Key statistics

Market cap
$4.57B
P/E
18.0
Forward P/E
36.4
P/B
3.16
Book value
$28.00
EPS (TTM)
$5.11
52-week high
$101.58
52-week low
$46.65
50-day MA
$84.39
200-day MA
$74.33
Beta
0.57

Analyst view

Analysts rate Tidewater Inc a hold (2 buy, 5 hold, 1 sell out of 8) with an average price target of $94.88.

From the latest earnings call · 2026-08-04

CONFIDENT TDW beat Q2 expectations on strong day rates (+7.5% sequential) and utilization despite Middle East conflict costs. Closing Wilsons acquisition Sept 1; net leverage ~0.8x post-close. Tendering activity accelerating globally; expecting $3–4K/day rate growth through 2027–28. Q2 2026 Europe led on day rate strength (+11%) and utilization (+8 pts). Middle East held utilization/rates despite conflict drag. Africa saw utility pressure; Americas and APAC consolidating before expected acceleration. Analysts pressed management on market momentum, cost recovery tactics, and M&A appetite. Executives reaffirmed bullish bias, detailed labor/insurance mitigation for Middle East, and emphasized strategic (not scale-driven) acquisition approach. No major pushback; tone remained confident throughout. 2026-08-04…

Full summary in the app.

Shareholding

Insiders
1.76%
Institutions
119.66%

Largest institutional holders

FundStake
BlackRock Inc14.56%
Neuberger Berman Group LLC6.57%
T. Rowe Price Associates, Inc.6.45%
Robotti Robert5.84%
Vanguard Portfolio Management, LLC5.28%
Dimensional Fund Advisors, Inc.4.18%
State Street Corp3.92%
Vanguard Capital Management, LLC3.90%

Recent filings & reports

DocumentDate
Material agreement · Q3 2026
TIDEWATER INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Acquisition completed August 31, 2026: Tidewater Inc. acquired Wilson, Sons Ultratug Participaç
2026-08-31
Quarterly report · Q2 2026
TIDEWATER INC. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenue (6M 2026): $668.5 million vs. $674.9 million (6M 2025) — down 0.9% • Net Inco
2026-08-03
Results announced · Q3 2026
TIDEWATER INC. – EARNINGS SUMMARY FOR RETAIL INVESTORS --- HEADLINE NUMBERS • Q2 2026 Revenue: $342.3 million, up 4.9% from Q1 2026 ($326.2 million
2026-08-03
Company announcement · Q2 2026
TIDEWATER INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Acquisition price: $500,000,000 in cash on debt-free, cash-free basis • Target companies' debt:
2026-07-06
Board / officer change · Q2 2026
TIDEWATER INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Shares outstanding (record date April 17, 2026): 49,729,815 common shares • Meeting attendance:
2026-06-18
Quarterly report · Q1 2026
TIDEWATER INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenue (Q1 2026): $326.2 million vs. $333.4 million (Q1 2025) – down 2.2% • Vessel R
2026-05-04
Proxy statement · Q2 2026
TIDEWATER INC. PROXY STATEMENT SUMMARY CEO COMPENSATION • Quintin V. Kneen total compensation for 2025: specific amount not stated in provided docum
2026-04-28
Annual report FY2025
TIDEWATER INC. - 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total vessels operated: 208 vessels serving customers in over 30 countries as
2026-03-02

Readable in the app.

Deals & corporate news

AnnouncementDate
Amended and restated sale and purchase agreement for target companies acquisition
Tidewater Inc. completed its acquisition of marine services companies from Wilson Sons, Ultranav, and Remolcadores Ultratug for $500 million (on a debt-free, cash-free basis). The company pa
2026-08-31
2026 revenue and gross margin guidance updated; share repurchase program active
Tidewater Inc., a marine services company, reported Q2 2026 results with revenue of $342.3 million (up 4.9% from Q1 2026) and net income of $21.7 million. Key performance metrics improved: a
2026-08-03
Acquisition of Wilson Sons Ultratug and Atlantic Offshore Services for $500M
Tidewater Inc. is acquiring two Brazilian offshore service companies (Wilson Sons Ultratug and Atlantic Offshore Services) for $500 million in cash on a debt-free basis. The deal, announced
2026-07-06
Reiterates 2026 revenue guidance of $1.43-$1.48 billion
Tidewater Inc., a marine vessel services company, reported Q1 2026 results showing mixed near-term performance but improving long-term outlook. Revenue declined 2.2% to $326.2 million year-o
2026-05-04
2026 revenue and gross margin guidance updated; $500M share repurchase authorization
Tidewater Inc., an offshore vessel services company, reported strong 2025 results despite an anticipated industry downturn. Full-year revenue grew 0.5% to $1.35 billion, with average day rat
2026-03-02

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Data updated 2026-09-18.