Professional
Added to YB: 2024-08-19
Pitch date: 2024-08-18
TDW [bullish]
Tidewater Inc.
-17.71%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
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.
Market Cap
$3.5B
Pitch Price
$89.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.36
P/E
23.57
EV/Sales
2.73
Sector
Energy Equipment and Services
Category
growth
Idea Brunch with Ken Traub of Delta Value Advisors - Tidewater Inc.
TDW: Offshore vessel leader post-turnaround. 2000% stock gain in 4yrs. Fixed issues: mgmt, board, costs, capital structure. Led industry consolidation via acquisitions. Strong demand, tight supply, no new capacity. Significant revenue, margin, FCF improvements. Well-positioned for continued growth in cyclical, capital-intensive industry with ESG headwinds limiting new entrants.
Read full article (2 min)