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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 |
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Industry | Oil & Gas Equipment & Services |
Exchange | F |
CurrencyCode | EUR |
ISIN | US88642R1095 |
Market Cap | 2B |
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PE Ratio | 10.09 |
Target Price | 15.33 |
Beta | 0.7 |
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 offers support in phases of offshore oil and gas exploration, field development and production, and windfarm development and maintenance; towing, anchor handling, and mobile offshore drilling units; transporting supplies and personnel necessary to drilling, workover, and production activities; offshore construction and seismic and subsea support; geotechnical survey support for windfarm construction; and pipe and cable laying. It operates anchor handling towing supply vessels, platform supply vessels, and other vessel classes, as well as crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government controlled organizations that explore for, develop, and produce oil and gas; offshore drilling contractors; and other companies that provide various services to the offshore energy industry, 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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