Tidewater (NYSE:TDW) Issues Quarterly Earnings Results

Tidewater (NYSE:TDW) issued its quarterly earnings results on Monday. The oil and gas company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.37), FiscalAI reports. Tidewater had a net margin of 18.34% and a return on equity of 5.36%. The business had revenue of $360.42 million during the quarter, compared to analyst estimates of $358.77 million.

Tidewater Stock Performance

Shares of TDW stock traded up $0.92 during midday trading on Monday, hitting $70.97. 824,335 shares of the company were exchanged, compared to its average volume of 738,004. Tidewater has a 52 week low of $49.54 and a 52 week high of $101.57. The firm has a market capitalization of $3.53 billion, a P/E ratio of 14.37 and a beta of 0.63. The firm’s 50 day moving average price is $85.34 and its two-hundred day moving average price is $79.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 3.47 and a current ratio of 3.58.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Weiss Ratings cut Tidewater from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Barclays raised their price target on Tidewater from $86.00 to $91.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Finally, BTIG Research reaffirmed a “buy” rating and set a $120.00 price target on shares of Tidewater in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $98.25.

Insider Buying and Selling at Tidewater

In other Tidewater news, EVP Daniel Hudson sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $99.08, for a total transaction of $1,486,200.00. Following the completion of the sale, the executive vice president directly owned 33,029 shares in the company, valued at $3,272,513.32. This trade represents a 31.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samuel Rubio sold 17,705 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $91.56, for a total transaction of $1,621,069.80. Following the completion of the sale, the executive vice president directly owned 33,214 shares of the company’s stock, valued at approximately $3,041,073.84. The trade was a 34.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,705 shares of company stock valued at $4,097,270 in the last three months. 5.90% of the stock is currently owned by company insiders.

Trending Headlines about Tidewater

Here are the key news stories impacting Tidewater this week:

• Positive Sentiment: 2027 outlook and capital returns: Tidewater initiated 2027 revenue guidance of $1.70 billion to $1.75 billion and a margin range of 51% to 53%. It also repurchased about $25 million of shares since its prior earnings release, with $475 million remaining under its authorization. Article: Tidewater Reports Third-Quarter Revenue and Net Income
• Positive Sentiment: Profitability and cash flow improved year over year: Third-quarter revenue rose about 5.7% to $360.4 million, and Tidewater earned $17.5 million, or $0.35 per share, versus a loss in the year-earlier quarter. Operating cash flow increased 37.4% to $75.2 million. Article: Tidewater Swings to Profit in Q3
• Positive Sentiment: Improving vessel economics: Average day rate increased by $837 sequentially to $23,775. The company also closed its $500 million all-cash acquisition of Wilson Sons Ultratug Offshore and set 2026 revenue guidance at $1.43 billion to $1.44 billion. Article: Tidewater Reports Results for the Nine Months Ended September 30, 2026
• Negative Sentiment: EPS missed analyst expectations: Adjusted comparisons in the reports show $0.35 per share against a consensus estimate of $0.72, a sizable shortfall that may weigh on sentiment despite revenue meeting or modestly exceeding some estimates. Higher cost of sales and lower operating profit were additional concerns. Article: Tidewater Lags Q3 Earnings Estimates
• Negative Sentiment: Insider transactions were all sales: The cited data shows six insider sales and no purchases over the past six months. This may be a cautionary signal, though insider sales alone do not establish a view on the company’s prospects. Article: Tidewater Releases Q3 2026 Earnings

Tidewater Company Profile

Tidewater Inc provides offshore support vessels and related marine services to the energy industry. Its vessels transport personnel, equipment and supplies between shore bases and offshore facilities, and support activities such as anchor handling, towing, platform operations and offshore construction.

The company operates a diverse fleet that includes platform supply vessels, anchor-handling tug supply vessels, crew boats and other specialized vessels. These services help customers carry out offshore exploration, development and production, as well as certain renewable-energy and subsea projects.

Founded in 1956, Tidewater has grown into an international vessel operator, serving offshore markets across regions including the Americas, Africa, the Middle East, Europe and Asia-Pacific.