Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels to the offshore energy industry worldwide. The company was founded in 1956 and is based in New Orleans, Louisiana.
TDW Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tidewater Inc. To summarize, we found that Tidewater Inc ranked in the 72th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 243.33% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Tidewater Inc, consider:
Tidewater Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -8.08. This coverage rate is greater than that of merely 9.77% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Tidewater Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Energy), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
TNP, CCLP, ENLC, UGP, and BSM can be thought of as valuation peers to TDW, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today the appointment of Darron M. Anderson to its Board of Directors, effective immediately. Mr. Anderson is a recognized business leader with extensive experience in the oil and gas industry. “I’m honored to have the opportunity to join Tidewater’s Board, and I look forward to helping guide the company’s strategy as it navigates the current market and works to enhance its already leading market posit
The coronavirus pandemic has dealt a deadly blow to the offshore drilling industry and many drillers are already conducting restructuring talks or have declared bankruptcy. Meanwhile, Tidewater (TDW), which works in the offshore support vessel space, has managed to increase its cash position from $188 million at the end of...
Vladimir Zernov on Seeking Alpha | August 13, 2020
Tidewater Inc. (TDW) Q2 2020 Earnings Conference Call July 31, 2020 09:00 ET Company Participants Jason Stanley - Vice President, Investor Relations and Marketing Quintin Kneen - President and Chief Executive Officer Sam Rubio - Chief Accounting Officer Daniel Hudson - General Counsel and Corporate Secretary Conference Call Participants Turner...
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) announced today revenue for the three and six months ended June 30, 2020, of $102.3 million and $218.7 million, respectively compared with $125.9 million and $248.0 million, respectively, for the three months and six months ended June 30, 2019. Tidewater also reported net losses for the three and six months ended June 30, 2020, of $110.6 million ($2.74 per share) and $129.1 million ($3.21 per share), respectively, compared with $16.0 million (
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Friday, July 31, 2020 at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the second quarter ended June 30, 2020. Investors and interested parties may listen to the earnings conference call via telephone by calling +1-888-771-4371 if calling from the U.S. or Canada (+1-847-585-4405