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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.
ISIN | US88642R1095 |
---|---|
Industry | Oil & Gas Equipment & Services |
Sector | Energy |
CurrencyCode | EUR |
Exchange | F |
PE Ratio | None |
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Beta | 1.34 |
Market Cap | 2B |
Dividend Yield | 0.0% |
Target Price | 15.33 |
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.
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