Tidewater (TDW)
Charters offshore support vessels for supply, rig handling, construction, and production work.
Something off on this page? Send us feedback.
Owns and charters platform supply, anchor-handling, and specialty vessels that move cargo and crews, position rigs, and support offshore energy projects worldwide. Revenue comes mainly from fixed day-rate contracts, while fleet utilization and pricing follow customers' offshore spending.
Operates platform supply vessels, anchor handling towing supply vessels, and a smaller group of specialty vessels, offshore tugs, and crew boats. Customers charter the fleet at daily rates to move cargo and personnel, tow and position rigs, and support construction, subsea, seismic, production, maintenance, and offshore wind work.
Serves offshore markets across the Americas, Asia Pacific, the Middle East, Europe and the Mediterranean, and West Africa, with most operations outside the United States. A broad fleet, experienced crews, regional onshore teams, and technical support let vessels shift among projects and markets as customer requirements change.
Results depend on vessel utilization and charter day rates, which follow offshore exploration, development, production, and abandonment spending. Operations also require regular drydocking and compliance with maritime safety, environmental, cabotage, and local-content rules.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 1, 2026 | BTIG | Upgrade | Target: $90 | Target: $120 |
| Aug 13, 2026 | Barclays | Reiterate | Rating: —Target: $86 | Target: $91 |
| May 7, 2026 | Barclays | Target | Target: — | Target: $86 |
| Mar 3, 2026 | Raymond James | Target | Target: $102 | Target: $117 |
| Jul 14, 2025 | BTIG | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $613.5M · Total debt $653.2M · Total assets $2.37B · Shareholders' equity $1.39B
- Revenue
- $342.3M
- Operating income
- $62.5M
- Net income
- $21.7M
No dividends on record.
| Institutions | 116.30% | 57.87M shares | |
|---|---|---|---|
| 382 holders · as of Jun 30, 2026 | |||
| Insiders | 1.83% | 909.0K shares | |
| 11 holders · as of Sep 3, 2026 | |||
| Strategic holders | 4.71% | 2.34M shares | |
| 1 holder · as of Feb 14, 2022 | |||
| Adds to | 122.84% | ||
49.76M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 122.84%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.18% | 7.55M | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 7.40% | 3.68M | as of Jun 30, 2026 |
Robotti RobertInstitution | 5.84% | 2.91M | as of Jun 30, 2026 |
Neuberger Berman Group LLCInstitution | 5.63% | 2.80M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.55% | 2.76M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Robert Robotti | director | −10,300 | $89.85 |
| Sep 2, 2026 | Daniel A. Hudson | officer: EVP, CLO & Corporate Secretary | −15,000 | $99.08 |
| Sep 2, 2026 | Kenneth Traub | director | −10,000 | $99.00 |
| Aug 12, 2026 | Samuel R. Rubio | officer: EVP, CFO & CAO | −17,705 | $91.56 |
| Aug 10, 2026 | Daniel A. Hudson | officer: EVP, CLO & Corporate Secretary | −5,000 | $89.01 |
- SEACOR Marine
Global OSV peer in PSV, FSV, liftboat, wind, and subsea support
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Tidewater | $86.18 | +0.71% | $4.26B | 17.3 | 16.3 | 3.2 | +0.3% |
| SEACOR Marine | $9.18 | +1.66% | $245.0M | — | — | 1.2 | −10.2% |
| Median | — | — | 1.2 | −10.2% |