2m 2m 2m 2m 2m 2m 2m
- $3.3BMarket Cap
- 48.04%1-Year Change
- Oil & Gas Equipment & ServicesIndustry
TIDEWATER (TDW)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 55
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Offshore Giant Tidewater Deepens Brazil Push With Strategic All-Cash Acquisition
Tidewater Inc. announced a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and Atlantic Offshore Services S.A. for approximately $500 million in cash. The acquisition will expand Tidewater's Brazilian offshore vessel fleet from 6 to 28 vessels and its global fleet to 231 vessels. WSUT is expected to generate $220 million in revenue with a 58% gross margin in the first 12 months post-closing, with the deal expected to boost earnings and cash flow per share in 2026 and 2027.
02/23/2026, 6:33 AM • Benzinga
Peers
- LBRTLiberty Ener-A
$27.05-2.87%Market Cap$4.5B1-Year Change+136.23%
Statistics
MoreInformation as of 06/22/2026
Company Profile
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 offshore marine service vessels worldwide. The company operates through five segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. It offers phases of offshore crude oil and natural gas exploration, field development, production, maintenance, and windfarm development and maintenance activities; towing and anchor handling for mobile offshore drilling units; transportation of supplies and personnel necessary to sustain drilling, workover, and production operations; and field abandonment, dismantlement, and restoration activities. The company also provides offshore construction; seismic and subsea support; various other specialized services, such as pipe laying, cable laying, and geotechnical survey support for windfarm construction. Its vessels consist of anchor handling towing supply vessels, platform supply vessels, and other specialty vessels, as well as crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations engaged in the exploration, development, and production of oil and gas; offshore drilling contractors; and other companies that provide services to the offshore energy industry comprising offshore construction companies, windfarm development companies, diving companies, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.
Key Executives
- Quintin V. Kneen
- Piers Dayer Middleton
- Samuel R. Rubio
- Daniel A. Hudson
- West Gotcher
Current Ownership Distribution
- Institutions844.5M (76.03%)
- Mutual Funds261.8M (23.57%)
- Insiders4.5M (0.41%)
- Other0 (0.00%)