Tidewater

Corporate Profile

<< Back

In 1955, a group of investors led by the Laborde family of New Orleans pioneered the development of the first offshore service vessel specifically designed and outfitted to support a burgeoning offshore oil and gas industry. One year later, Tidewater's first vessel Ebb Tide was ready to sail into the United States Gulf of Mexico and Tidewater Marine Service, Inc. was begun.

From that first vessel came anchor-handing towing-supply (AHTS) vessels, platform supply vessels (PSV), crew boats, offshore tugs and specialty vessels, among others. Collectively, these vessels transport people, equipment and supplies between mainland locations and numerous offshore installations. They also tow and position mobile drilling rigs, assist in a variety of offshore construction projects and aid in a number of specialty services, including cable-laying and seismic work.

Today, Tidewater is the undisputed worldwide leader of the workboat industry with over 350 vessels and locations in all of the major oil and natural gas basins of the world.

While Tidewater has owned several diversified businesses, its core competency has always been the workboat industry. The late 1980s and early 1990s saw a return to the company's core business with the divestment of its compression operations, it's oil and gas properties as well as its real estate holdings.

A key to Tidewater's success has been and remains its customer service. The company's philosophy is that having the best equipment is insignificant if that equipment is not operated safely by knowledgeable, friendly and skilled employees. In this respect, ongoing training and safety continue to be a major focus for our marine fleet employees.

Just as Tidewater has evolved through the decades, it must continue to change with the times. New and exciting challenges await the company and our management and front-line employees eagerly anticipate the next step to be taken. In short, Tidewater people are working hard to keep Tidewater a worldwide leader through serving our various publics and evolving with an ever-changing marketplace.

Data provided by Nasdaq. Minimum 15 minutes delayed.
04/15/16
Tidewater to Present at the 20th Annual Burkenroad Reports Investment Conference
NEW ORLEANS, April 15, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present  at the 20th Annual Burkenroad Reports Investment Conference in New Orleans, Louisiana on Friday, April 22, 2016, at approximately 8:30 a.m. Central time. Upon completion of the presentation, the company will also file a Form 8-K with the SEC which will include a copy of the slides used by the presenter. Tide... 
03/15/16
Tidewater Announces Credit Facility Borrowing
NEW ORLEANS, March 15, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that it has borrowed $600 million under its revolving credit facility, the maximum amount available under the facility.  The funds are intended to be used for general corporate purposes and to enhance the company's liquidity position and financial flexibility. Jeff Platt, President and Chief Executive Officer of Tidewater, remarked "Like the entire energy services industry, Tidewater continues to face chal... 
03/01/16
ICSID Decides that Tidewater is Now Free to Enforce $37 Million of the $65 Million Arbitral Award for the Taking of the Company's Venezuelan Operations
Enforcement of Remaining $28 Million Remains Pending Further ICSID Decision NEW ORLEANS, March 1, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today that the annulment committee formed by the World Bank's International Centre for the Settlement of Investment Disputes ("ICSID") ruled that subsidiaries of the company are free to pursue the enforcement of a portion of a prior arbitration award against the Bolivarian Republic of Venezuela ("Venezuela"). That portion amounts to $37.2 m... 
TDW (Common Stock)
ExchangeNYSE (US Dollar)
Price$8.61
Change (%) Stock is Down 0.24 (2.71%)
Volume1,105,636
Data as of 04/28/16 3:34 p.m. ET
Minimum 20 minute delay
» Refresh quote
There are currently no upcoming webcasts.
Investor Relations
6002 Rogerdale Road
Suite 600
Houston, Texas 77072 USA
713-470-5300
Accountants
Deloitte and Touche LLP


NYSE: TDW $8.61 0.24

Intraday data is at least 20-minutes delayed

There are currently no upcoming webcasts.