Tidewater

Corporate Profile

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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.

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08/08/17
Tidewater Reports First Quarter Results For Fiscal 2018
NEW ORLEANS, Aug. 8, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today a first quarter net loss for the period ended June 30, 2017, of $524.4 million, or $11.13 per common share, on revenues of $115.1 million. For the same quarter last year, net loss was $89.1 million, or $1.89 per common share, on revenues of $167.9 million. The immediately preceding quarter ended March 31, 2017, had a net loss of $94.9 million, or $2.01 per common share, on revenues of $160.7 million. Included ... 
07/31/17
Tidewater Successfully Completes Financial Restructuring And Emerges From Chapter 11 Bankruptcy
NEW ORLEANS, July 31, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced that effective today the Company and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization pursuant to the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Tidewater and its Affiliated Debtors (the "Plan"), that was confirmed on July 17, 2017 by the United States Bankruptcy Court for the District of Delaware.... 
07/27/17
Tidewater Announces Continued Listing Of New Shares Of Common Stock And Trading Under Ticker "TDW" And Authorization Of New Listing Of Series A And Series B Warrants Following Emergence From Chapter 11 Reorganization
NEW ORLEANS, July 27, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced today that the Company received approval to list its new common stock with the new CUSIP number 88642R 109 (the "New Common Stock") on the New York Stock Exchange (the "NYSE") under the same NYSE ticker symbol "TDW" as the shares of the Company's existing common stock (the "Existing Stock"). In addition, the NYSE approved the listing of the Company's Series A Warrants and Series B W... 
TDW (Common Stock)
ExchangeNYSE (US Dollar)
Price$21.46
Change (%) Stock is Down 1.6 (6.94%)
Volume29,609
Data as of 08/22/17 4:02 p.m. ET
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Investor Relations
6002 Rogerdale Road
Suite 600
Houston, Texas 77072 USA
713-470-5300
Accountants
Deloitte and Touche LLP


NYSE: TDW $21.46 1.6

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