Added to YB: 2026-05-08
Pitch date: 2026-05-06
TDW [neutral]
Tidewater Inc.
-3.14%
current return
Author Info
100x Compounding is an investment analyst. I study small cap stocks in left for dead industries with a deep value focus. Sign up for the newsletter.
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
$4.2B
Pitch Price
$80.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.34
P/E
14.26
EV/Sales
3.21
Sector
Energy Equipment and Services
Category
turnaround
Tidewater Q1 2026 Earnings
TDW (earnings): Q1 2026 strong, constructive 1-3yr outlook as offshore activity inflects. PEMEX receivables declining (repaid $40M in 2025). Q1 FCF $34M. M&A focused on leverage in existing markets, valuation-first. Contracts shorter than peers to capture day rate upside as market tightens. UDW rig activity up. Fleet ~300 vessel capacity. New builds <5% of fleet, pricing +21% YoY. Gas projects now economic, adding demand layer vs prior cycles.
Read full article (4 min)