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1 Comment
Tidewater Inc is currently in a long term uptrend where the price is trading 10.2% above its 200 day moving average.
From a valuation standpoint, the stock is 98.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.3.
Tidewater Inc's total revenue sank by 22.7% to $92M since the same quarter in the previous year.
Its net income has increased by 51.1% to $-29M since the same quarter in the previous year.
Finally, its free cash flow fell by 762.1% to $-8M since the same quarter in the previous year.
Based on the above factors, Tidewater Inc gets an overall score of 3/5.
| Sector | Energy |
|---|---|
| Industry | Oil & Gas Equipment & Services |
| Exchange | F |
| CurrencyCode | EUR |
| ISIN | US88642R1095 |
| Market Cap | 3B |
|---|---|
| PE Ratio | 11.46 |
| Target Price | 15.33 |
| Beta | 0.59 |
| Dividend Yield | None |
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.
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