• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Tidewater Inc.

    6/25/24 4:28:01 PM ET
    $TDW
    Marine Transportation
    Consumer Discretionary
    Get the next $TDW alert in real time by email
    SC 13G 1 TDW_SC13G.htm SCHEDULE 13G

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G
    Under the Securities Exchange Act of 1934


    TIDEWATER INC.
    (Name of Issuer)

    COMMON STOCK, PAR VALUE $0.001 PER SHARE
    (Title of Class of Securities)

    88642R109
    (CUSIP Number)

    JUNE 20, 2024
    (Date of event which requires filing of this statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

         o Rule 13d-1(b)

         þ Rule 13d-1(c)

         o Rule 13d-1(d)

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the notes).



                         
    CUSIP No.
     
    88642R109

    SCHEDULE 13G

    Page  
    2
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Millennium Management LLC
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     250,012 (See Item 4(a))
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     250,012 (See Item 4(a))
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     250,012 (See Item 4(a))
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     0.5%
    12 TYPE OF REPORTING PERSON

     
    OO


                         
    CUSIP No.
     
    88642R109

    SCHEDULE 13G

    Page  
    3
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Millennium Group Management LLC
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     250,012 (See Item 4(a))
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     250,012 (See Item 4(a))
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     250,012 (See Item 4(a))
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     0.5%
    12 TYPE OF REPORTING PERSON

     
    OO


                         
    CUSIP No.
     
    88642R109

    SCHEDULE 13G

    Page  
    4
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Israel A. Englander
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     United States
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     250,012 (See Item 4(a))
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     250,012 (See Item 4(a))
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     250,012 (See Item 4(a))
    10
     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     0.5%
    12
     TYPE OF REPORTING PERSON

     IN

                         
    CUSIP No.
     
    88642R109

     SCHEDULE 13G

    Page  
    5
      of   
    10
     
    Item 1.    
     
    (a) Name of Issuer:
     
       
     
      Tidewater Inc.
     
       
     
    (b) Address of Issuer’s Principal Executive Offices:
     
       
     
     

    842 West Sam Houston Parkway North, Suite 400
    Houston, Texas 77024

         
    Item 2.
    (a) Name of Person Filing:
     
    (b) Address of Principal Business Office:
     
    (c) Citizenship:
         
     
      Millennium Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: Delaware
     
       
     
      Millennium Group Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: Delaware
     
       
     
      Israel A. Englander
    c/o Millennium Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: United States
     
       
      (d) Title of Class of Securities:
    common stock, par value $0.001 per share ("Common Stock")
     
      (e) CUSIP Number:
    88642R109
     
     

    Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

     
      (a)   o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
                 
     
      (b)   o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
                 
     
      (c)   o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
                 
     
      (d)   o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
                 
     
      (e)   o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
                 
     
      (f)   o    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

                         
    CUSIP No.
     
    88642R109

     SCHEDULE 13G

    Page  
    6
      of   
    10
                 
     
      (g)   o   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
                 
     
      (h)   o   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
                 
     
      (i)   o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
                 
     
      (j)   o   Group, in accordance with §240.13d-1(b)(1)(ii)(J).

    Item 4. Ownership

       Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

    (a) Amount Beneficially Owned:

       See response to Item 9 on each cover page.

       After acquiring beneficial ownership of more than 5% of the outstanding Common Stock on June 20, 2024, the reporting persons ceased to be beneficial owners of more than 5% of the outstanding Common Stock by the date of this filing.

    (b) Percent of Class:   

       See response to Item 11 on each cover page.

     (c) Number of shares as to which such person has:

    (i) Sole power to vote or to direct the vote

       See response to Item 5 on each cover page.


                         
    CUSIP No.
     
    88642R109

     SCHEDULE 13G

    Page  
    7
      of   
    10

    (ii) Shared power to vote or to direct the vote

       See response to Item 6 on each cover page.

    (iii) Sole power to dispose or to direct the disposition of

       See response to Item 7 on each cover page.

    (iv) Shared power to dispose or to direct the disposition of

       See response to Item 8 on each cover page.

       The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.

    Item 5. Ownership of Five Percent or Less of a Class

       If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ.

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.

        Not applicable.

    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

        Not applicable.

    Item 8. Identification and Classification of Members of the Group

        See Exhibit I.

    Item 9. Notice of Dissolution of Group

        Not applicable.

    Item 10. Certification 

       By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


                         
    CUSIP No.
     
    88642R109

    SCHEDULE 13G

    Page  
    8
      of   
    10

    Exhibits:

    Exhibit I:  Joint Filing Agreement, dated as of June 24, 2024, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.


                         
    CUSIP No.
     
    88642R109

    SCHEDULE 13G

    Page  
    9
      of   
    10
                         
         

    SIGNATURE

                 

    After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

    Dated: June 24, 2024

    MILLENNIUM MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    MILLENNIUM GROUP MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    /s/ Israel A. Englander

    Israel A. Englander



                         
    CUSIP No.
     
    88642R109

    SCHEDULE 13G

    Page  
    10
      of   
    10
                         
          EXHIBIT I              
                         
          JOINT FILING AGREEMENT              

    This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Common Stock, par value $0.001 per share, of Tidewater Inc. will be filed on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

    Dated: June 24, 2024

    MILLENNIUM MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    MILLENNIUM GROUP MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    /s/ Israel A. Englander

    Israel A. Englander


    Get the next $TDW alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $TDW

    DatePrice TargetRatingAnalyst
    1/15/2025$112.00 → $68.00Outperform → In-line
    Evercore ISI
    11/29/2024$70.00Buy
    DNB Markets
    11/11/2024$131.00 → $102.00Strong Buy → Outperform
    Raymond James
    2/9/2024$88.00Buy
    Johnson Rice
    1/30/2024Outperform
    Pickering Energy Partners
    7/14/2023$85.00Strong Buy
    Raymond James
    7/7/2023$90.00Outperform
    Evercore ISI
    6/21/2023$75.00Buy
    BTIG Research
    More analyst ratings

    $TDW
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Tidewater Reports Results for the Three Months Ended March 31, 2025

      First Quarter 2025 Highlights Revenue of $333.4 million, a 3.8% improvement compared to the first quarter of 2024 Average day rate of $22,303 per day, an improvement of $2,740 per day, or 14.0%, compared to the first quarter of 2024 Net income of $42.7 million and Adjusted EBITDA of $154.2 million Net Income and Adjusted EBITDA were favorably impacted by the $7.6 million foreign exchange gain due to the weakening of the U.S. dollar Net cash provided by operating activities of $86.0 million and free cash flow of $94.7 million Share Count Reduction and 2025 Guidance Share count was reduced by 2.3 million shares through April 14, 2025 through repurchases of $90.0 million at an

      5/5/25 4:29:00 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Tidewater Announces Earnings Release and Conference Call

      Tidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending March 31, 2025, on Monday, May 5, 2025 after market close. An earnings conference call has been scheduled for Tuesday, May 6, 2025, 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, 2025. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled start ti

      4/28/25 6:49:00 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2024

      Full-year 2024 Highlights Revenue of $1,345.8 million, a 33.3% increase from 2023 Average day rate increased to $21,273 per day, $4,471, or 26.6%, higher than 2023 Net income of $180.7 million, an increase of $83.5 million, or 85.9%, from 2023 Adjusted EBITDA of $559.6 million, an increase of $172.9 million, or 44.7%, from 2023 Net Income and Adjusted EBITDA adversely impacted by the $15.3 million foreign exchange loss due the strengthening of the U.S. dollar Net cash provided by operating activities of $273.8 million, an increase of $169.1 million, or 161.5%, from 2023 Free cash flow of $331.0 million, an increase of $219.6 million, or 197.1% from 2023 Repurchased

      2/27/25 4:18:00 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    Leadership Updates

    Live Leadership Updates

    See more
    • KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S

      6/7/24 6:09:00 PM ET
      $ADTN
      $ALTR
      $ATNI
      $BMRN
      Telecommunications Equipment
      Utilities
      Computer Software: Prepackaged Software
      Technology
    • Edgio Announces New Board of Directors

      Reduces Board Size from Nine to Five Members and Appoints New Directors Strong Leadership and Governance Committed to Building Sustainable Shareholder Value Edgio, Inc. (NASDAQ:EGIO) (the "Company"), the platform of choice for speed, security, and simplicity at the edge, today announced that it has reconstituted its Board of Directors. The now five-member Board includes three newly appointed, highly qualified directors: Ken Traub, Frank Verdecanna and Mio Babic. Ken Traub has also been named as Chairman of the Board. These additions enrich the Board with diverse global expertise in corporate governance, cybersecurity, digital media, and strategic growth. Simultaneously, seven existing

      12/4/23 9:00:00 AM ET
      $EGIO
      $PEGA
      $TDW
      Business Services
      Consumer Discretionary
      EDP Services
      Technology
    • American Rare Earths Appoints New Chairman

      DENVER, Nov. 17, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited ((ASX: ARR, OTCQX:AMRRY, 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. "On behalf of the board, I want to extend our sincere appreciation to Creagh for his visionary leadership, his unwavering support, and his contributions to the Company during the past 13 years," said Ken Traub, incoming Chairman of the board. "We wish him

      11/17/23 9:03:00 AM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    SEC Filings

    See more
    • SEC Form 10-Q filed by Tidewater Inc.

      10-Q - TIDEWATER INC (0000098222) (Filer)

      5/5/25 4:48:02 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Tidewater Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - TIDEWATER INC (0000098222) (Filer)

      5/5/25 4:45:18 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • SEC Form DEFA14A filed by Tidewater Inc.

      DEFA14A - TIDEWATER INC (0000098222) (Filer)

      4/24/25 4:41:05 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Robotti Robert bought $1,002,718 worth of shares (25,000 units at $40.11) (SEC Form 4)

      4 - TIDEWATER INC (0000098222) (Issuer)

      3/14/25 1:56:09 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Director Robotti Robert bought $72,477 worth of shares (1,770 units at $40.95) (SEC Form 4)

      4 - TIDEWATER INC (0000098222) (Issuer)

      3/6/25 2:02:30 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Director Robotti Robert bought $99,758 worth of shares (2,067 units at $48.26) (SEC Form 4)

      4 - TIDEWATER INC (0000098222) (Issuer)

      12/18/24 4:27:54 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Robotti Robert was granted 727 shares (SEC Form 4)

      4 - TIDEWATER INC (0000098222) (Issuer)

      4/3/25 12:43:11 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • DIRECTOR, PRESIDENT & CEO Kneen Quintin covered exercise/tax liability with 8,819 shares, decreasing direct ownership by 3% to 307,515 units (SEC Form 4)

      4 - TIDEWATER INC (0000098222) (Issuer)

      3/25/25 7:00:13 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • EVP, CFO & CAO Rubio Samuel R covered exercise/tax liability with 3,202 shares, decreasing direct ownership by 4% to 82,527 units (SEC Form 4)

      4 - TIDEWATER INC (0000098222) (Issuer)

      3/25/25 7:00:14 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Tidewater Inc.

      SC 13G/A - TIDEWATER INC (0000098222) (Subject)

      11/14/24 1:22:38 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • SEC Form SC 13G filed by Tidewater Inc.

      SC 13G - TIDEWATER INC (0000098222) (Subject)

      11/12/24 10:34:15 AM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Tidewater Inc.

      SC 13G/A - TIDEWATER INC (0000098222) (Subject)

      10/4/24 12:54:38 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    Financials

    Live finance-specific insights

    See more
    • Tidewater Reports Results for the Three Months Ended March 31, 2025

      First Quarter 2025 Highlights Revenue of $333.4 million, a 3.8% improvement compared to the first quarter of 2024 Average day rate of $22,303 per day, an improvement of $2,740 per day, or 14.0%, compared to the first quarter of 2024 Net income of $42.7 million and Adjusted EBITDA of $154.2 million Net Income and Adjusted EBITDA were favorably impacted by the $7.6 million foreign exchange gain due to the weakening of the U.S. dollar Net cash provided by operating activities of $86.0 million and free cash flow of $94.7 million Share Count Reduction and 2025 Guidance Share count was reduced by 2.3 million shares through April 14, 2025 through repurchases of $90.0 million at an

      5/5/25 4:29:00 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Tidewater Announces Earnings Release and Conference Call

      Tidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced today that it will release financial results for the three months ending March 31, 2025, on Monday, May 5, 2025 after market close. An earnings conference call has been scheduled for Tuesday, May 6, 2025, 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, 2025. Investors and interested parties may listen to the earnings conference call via telephone by calling +1.800.715.9871 if calling from the U.S. or Canada (+1.647.932.3411 if calling from outside the U.S.) and provide Conference ID: 8745688 prior to the scheduled start ti

      4/28/25 6:49:00 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Tidewater Reports Results for the Three and Twelve Months Ended December 31, 2024

      Full-year 2024 Highlights Revenue of $1,345.8 million, a 33.3% increase from 2023 Average day rate increased to $21,273 per day, $4,471, or 26.6%, higher than 2023 Net income of $180.7 million, an increase of $83.5 million, or 85.9%, from 2023 Adjusted EBITDA of $559.6 million, an increase of $172.9 million, or 44.7%, from 2023 Net Income and Adjusted EBITDA adversely impacted by the $15.3 million foreign exchange loss due the strengthening of the U.S. dollar Net cash provided by operating activities of $273.8 million, an increase of $169.1 million, or 161.5%, from 2023 Free cash flow of $331.0 million, an increase of $219.6 million, or 197.1% from 2023 Repurchased

      2/27/25 4:18:00 PM ET
      $TDW
      Marine Transportation
      Consumer Discretionary

    $TDW
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Tidewater downgraded by Evercore ISI with a new price target

      Evercore ISI downgraded Tidewater from Outperform to In-line and set a new price target of $68.00 from $112.00 previously

      1/15/25 7:46:42 AM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • DNB Markets initiated coverage on Tidewater with a new price target

      DNB Markets initiated coverage of Tidewater with a rating of Buy and set a new price target of $70.00

      11/29/24 7:45:07 AM ET
      $TDW
      Marine Transportation
      Consumer Discretionary
    • Tidewater downgraded by Raymond James with a new price target

      Raymond James downgraded Tidewater from Strong Buy to Outperform and set a new price target of $102.00 from $131.00 previously

      11/11/24 7:47:43 AM ET
      $TDW
      Marine Transportation
      Consumer Discretionary