Tidewater Investor Relations Guide to Subsea and More

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A view of an offshore oil rig in the open sea with cranes and a flare against a cloudy sky.
Credit: pexels.com, A view of an offshore oil rig in the open sea with cranes and a flare against a cloudy sky.

As a leader in the offshore energy industry, Tidewater's subsea capabilities are a key differentiator. Tidewater's fleet of subsea vessels can support a wide range of operations, from shallow water to ultra-deepwater.

Tidewater's expertise in subsea operations is complemented by its fleet of offshore support vessels, which provide critical services such as towing, supply, and transportation. Tidewater's vessels can operate in harsh environments and are equipped with advanced technologies to ensure safe and efficient operations.

Tidewater's commitment to innovation is evident in its investments in new technologies, including remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs). These advanced tools enable Tidewater to perform complex subsea operations with greater precision and efficiency.

Tidewater's global presence, with operations in over 20 countries, provides a unique platform for investors to access a diverse range of markets and opportunities.

Tidewater Inc Relations

Tidewater Inc. has been a stalwart in the offshore energy services sector for over six decades, carving its niche in the maritime support industry.

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The company's fleet is designed to withstand the rigors of deep-sea operations, supporting offshore exploration, production, and the movement of necessary equipment and supplies.

Tidewater's operations span the globe, from the Gulf of Mexico to West Africa, reflecting its strategic prowess in navigating geographical and market complexities.

Revenue for Tidewater stems largely from day rates, which are fees charged for each operational day of a vessel, influenced by factors like vessel type, operational area, and market demand.

Company Overview

Tidewater Inc is a leading provider of offshore marine services, with a rich history dating back to 1956. The company was founded by John T. Esslinger and has since grown into a global leader in the industry.

Tidewater Inc operates a fleet of over 100 vessels, including crew boats, supply boats, and offshore support vessels. These vessels are used to support a range of offshore activities, including oil and gas production, wind farm maintenance, and construction projects.

Credit: youtube.com, Quintin Kneen | President, CEO and Director, Tidewater Inc.| 2019 International WorkBoat Show

The company has a significant presence in the Gulf of Mexico, with a large fleet of vessels operating in the region. Tidewater Inc also has a strong presence in other major offshore energy markets, including the North Sea and the Middle East.

Tidewater Inc has a long history of innovation, with a focus on developing new technologies and services to meet the evolving needs of its customers. The company has invested heavily in its fleet and operations, with a focus on safety, efficiency, and environmental sustainability.

Investor Information

Tidewater Inc is a leading provider of offshore marine services, with a global presence and a diverse fleet of vessels.

The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol TDW.

Tidewater Inc has a market capitalization of over $2 billion, making it a significant player in the offshore marine services industry.

The company's revenue has consistently grown over the years, with a compound annual growth rate (CAGR) of 10% from 2015 to 2020.

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Tidewater Inc has a strong track record of paying dividends to its shareholders, with a dividend yield of around 4% in 2020.

The company's fleet of vessels includes over 100 boats, ranging from small crew boats to large offshore supply vessels.

Tidewater Inc has a global presence, with operations in over 20 countries around the world.

The company's customer base includes major oil and gas companies, as well as government agencies and other organizations that require offshore marine services.

Investment Opportunities

Tidewater Inc's diverse fleet of vessels offers various investment opportunities.

Tidewater Inc operates in the offshore energy industry, providing services to oil and gas companies.

Their fleet includes 100+ vessels, ranging from crew boats to offshore supply vessels.

Tidewater Inc has a strong presence in the Gulf of Mexico, with a significant number of vessels operating in the region.

Investors can consider investing in the company's common stock, which is listed on the New York Stock Exchange.

New Subsea Arm

Credit: youtube.com, Research & Development for Subsea Applications: Water Test.

Tidewater Inc. has made a significant investment in its new subsea arm, Tidewater Subsea, with $30 million worth of remotely operated vehicles (ROVs).

These ROVs will install, maintain, and repair equipment on the ocean floor, diversifying Tidewater's revenue stream.

The six ROVs will be able to serve clients before a drilling rig is brought on site, making it a life-of-field activity level.

Tidewater is buying the ROVs from Houston-based FMC Technologies Inc., and they will be delivered before the end of the year.

The ROVs require less capital to operate than a traditional offshore supply vessel and yield higher returns, making them a valuable addition to Tidewater's fleet.

Tidewater has over 300 vessels around the world, and this new arm will focus on maintenance, not well control.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

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