Welcome to our dedicated page for Tidewater news (Ticker: TDW), a resource for investors and traders seeking the latest updates and insights on Tidewater stock.
Tidewater Inc. (NYSE: TDW) is a marine transportation company that provides offshore support vessel services to the offshore energy industry, including offshore crude oil and natural gas projects and offshore windfarm development and maintenance. This news page aggregates press releases and market updates where Tidewater reports on its financial performance, capital structure and operating trends across its global fleet.
Readers can find quarterly and annual earnings announcements in which Tidewater discusses revenue, gross margin, net income, Adjusted EBITDA, free cash flow, average day rates, vessel up-time and active utilization. Management commentary in these releases explains how production support, offshore construction support, subsea and EPCI work, drilling support and renewable energy projects contribute to fleet activity and financial results.
The news flow also covers capital markets and financing events, such as the offering and closing of 9.125% Senior Notes due 2030 and the entry into a senior secured revolving credit facility. Tidewater uses these announcements to describe how it refinances existing term loans and bonds, adjusts its debt maturity profile and maintains access to revolving credit.
Another recurring theme in Tidewater’s news is share repurchase activity and Board-authorized repurchase programs. Releases detail the amounts spent on open market repurchases, reductions in shares outstanding and new repurchase authorizations, alongside commentary on free cash flow generation and balance sheet considerations.
Investors, analysts and industry observers can use this page to monitor Tidewater’s reported results, changes in its capital structure, and updates on its offshore support vessel operations. Regularly reviewing these items helps build a picture of how the company’s fleet and financial position evolve over time in response to offshore energy and offshore wind activity.
Tidewater (NYSE:TDW) reported 2025 revenue of $1,352.8 million (up 0.5% vs. 2024) and fourth-quarter revenue of $336.8 million. Full-year net income was $334.7 million and Adjusted EBITDA was $598.1 million. Free cash flow totaled $426.0 million and the company repurchased 2.5 million shares for $98.2 million.
Tidewater recognized a $201.5 million non-cash deferred tax benefit tied to an internal vessel realignment, announced a 22-vessel Wilson Sons Ultratug acquisition (Brazil), updated 2026 revenue guidance to $1.43–$1.48 billion, and authorized a $500 million share repurchase program.
Tidewater (NYSE: TDW) will release financial results for the three and twelve months ended December 31, 2025 on March 2, 2026 after market close and will host an earnings conference call on March 3, 2026 at 8:00 a.m. Central Time.
President and CEO Quintin Kneen will discuss results; the call will be available by telephone and live webcast at investor.tdw.com, with a replay accessible starting 11:00 a.m. Central Time on March 3, 2026.
Tidewater (NYSE: TDW) agreed to acquire Wilson Sons Ultratug (WSUT) for an enterprise value of about $500 million, including assumed debt, expanding Tidewater's global fleet to 231 vessels and Brazilian fleet to 28 vessels.
The deal brings ~$441 million backlog, expected ~$220 million revenue and ~58% gross margin in the first 12 months, assumes ~$261 million of local debt, is cash-funded and is expected to close late Q2 2026 subject to CADE and customary approvals.
Tidewater (NYSE:TDW) reported Q3 2025 revenue of $341.1M (up 0.2% y/y) and nine‑month revenue of $1,016.0M. Q3 net loss was $0.8M and Adjusted EBITDA was $137.9M; nine‑month net income was $114.8M ($2.27/share). Average day rate rose to $22,798 (+2.3% y/y). Q3 results included a $27.1M loss on early debt extinguishment and a $1.3M FX gain. Operating cash flow was $72.1M and free cash flow $82.7M.
The company narrowed 2025 revenue guidance to $1.33–$1.35B and gross margin to 49–50%, initiated 2026 revenue guidance of $1.32–$1.37B and margin of 48–50%, and has an outstanding $500M share repurchase authorization.
Tidewater (NYSE: TDW) will release financial results for the three months ended September 30, 2025 on Monday, November 10, 2025 after market close.
An earnings conference call is scheduled for Tuesday, November 11, 2025 at 8:00 a.m. Central Time, with CEO Quintin Kneen discussing the quarter. Listen by phone (+1.800.715.9871 U.S./Canada or +1.647.932.3411 international) using Conference ID 8745688, or via live webcast at investor.tdw.com. A replay will be available beginning 11:00 a.m. Central Time on November 11, 2025 at the same IR site.
The call will include forward-looking statements and references the company’s risk disclosures in its most recent Forms 10-Q and 10-K. Tidewater operates a large fleet of offshore support vessels with over 65 years of experience in offshore energy and offshore wind support.
Tidewater (NYSE:TDW) reported strong Q2 2025 financial results, with revenue reaching $341.4 million, a 0.6% year-over-year increase. The company achieved a net income of $72.9 million ($1.46 per share) and Adjusted EBITDA of $163.0 million.
Key highlights include a record average day rate of $23,166 (up 9.6% YoY), strong free cash flow of $97.5 million, and completion of a $650 million refinancing transaction. The Board authorized a new $500 million share repurchase program. The company reiterated its 2025 guidance with revenue expected between $1.32-1.38 billion and gross margins of 48-50%.
Tidewater (NYSE:TDW), the largest offshore support vessel fleet operator in the industry, has scheduled its Q2 2025 earnings release for Monday, August 4, 2025 after market close. The company will host an earnings conference call on Tuesday, August 5, 2025, at 8:00 a.m. Central Time, led by President and CEO Quintin Kneen.
Investors can access the call via telephone using the toll-free number +1.800.715.9871 (U.S./Canada) or +1.647.932.3411 (international) with Conference ID: 8745688. A live webcast and replay will be available on the company's investor relations website at investor.tdw.com.
Tidewater (NYSE:TDW) has successfully closed its previously announced private offering of $650 million in 9.125% senior unsecured notes due 2030. The company utilized the net proceeds along with cash on hand to refinance its debt structure by repaying its existing senior secured term loan and redeeming its 8.50% Senior Secured Bonds due 2026 and 10.375% Senior Unsecured Bonds due 2028.
Additionally, Tidewater has entered into a new $250 million senior secured five-year revolving credit facility, subject to customary conditions precedent.
Tidewater (NYSE: TDW) has priced its private offering of $650 million senior notes due 2030 at a 9.125% interest rate. The notes will be issued at par and are expected to settle on July 7, 2025.
The company plans to use the proceeds, along with cash on hand, to repay its existing senior secured term loan, redeem its outstanding 8.50% Senior Secured Bonds due 2026 and 10.375% Senior Unsecured Bonds due 2028, and cover related expenses. The 2030 Notes will be senior unsecured obligations guaranteed by certain U.S. subsidiaries and are being offered only to qualified institutional buyers in the U.S. and select international investors.