2010 Tidewater News

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Tidewater to Present at the Pritchard Capital Partners Energize 2011 Conference
December 29, 2010

NEW ORLEANS, Dec 29, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Pritchard Capital Partners Energize 2011 Conference in San Francisco, California on Wednesday, January 5, 2011, at approximately 9:45 a.m. Pacific time. The presentation will be available via real-time webcast at www.tdw.com. Playback will be available on January 5, 2011, at approximately 10:45 a.m. Paci... » Continuing reading this story
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Tidewater to Present at the Capital One Southcoast Energy Conference
November 29, 2010

NEW ORLEANS, Nov 29, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Capital One Southcoast Energy Conference in New Orleans, Louisiana on Tuesday, December 7, 2010, at approximately 2:00 p.m. Central time. The presentation will be available via real-time webcast at www.tdw.com. Playback will be available... » Continuing reading this story
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Tidewater to Present at the Jefferies Global Energy Conference
November 22, 2010

NEW ORLEANS, Nov 22, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Jefferies Global Energy Conference in Houston, Texas on Wednesday, December 1, 2010, at approximately 2:20 p.m. Central time. The presentation will be available via real-time webcast at www.tdw.com. Playback will be available on December 1, 2010, at approximately 3:00 p.m. Central time and will be availa... » Continuing reading this story
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Tidewater Declares Quarterly Dividend on Common Stock
November 12, 2010

NEW ORLEANS, Nov 12, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced that its board of directors declared on November 11, 2010, a quarterly dividend of $.25 per share on Tidewater's approximately 51.4 million shares of common stock outstanding. The dividend is payable December 15, 2010, to shareholders of record on December 3, 2010. Tidewater Inc. owns 396 vessels, the world's largest fleet of vessels serving the global offshore energy industry. SOURCE: Tidewater Inc. Tidew... » Continuing reading this story
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Tidewater Reports Second Quarter Results For Fiscal 2011
November 03, 2010

NEW ORLEANS, Nov 03, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced today second quarter net earnings for the period ended September 30, 2010, of $19.4 million, or $0.38 per share, on revenues of $267.1 million. For the same quarter last year, net earnings were $98.2 million, or $1.90 per share, inclusive of a $34.3 million, or $0.66 per common share, tax benefit resulting from a favorable resolution of tax litigation, on revenues of $295.5 million. The immediately preceding quarter... » Continuing reading this story
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Tidewater Preannounces Preliminary Results for Quarter Ended September 30, 2010
October 25, 2010

NEW ORLEANS, Oct 25, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that fiscal second quarter financial results for the three months ended September 30, 2010, are estimated to be between $0.35 - $0.40 on a fully diluted per share basis. Although Tidewater does not provide its own earnings forecast or endorse forecasts prepared by others, it does note that the Thomson First Call consensus estimate for the September 2010 quarter is currently $0.58 per share. The Company report... » Continuing reading this story
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Tidewater Announces Conference Call
October 14, 2010

NEW ORLEANS, Oct 14, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that its fiscal 2011 second quarter (ended September 30, 2010) earnings release and conference call have been scheduled for Wednesday, November 3, 2010. The press release will be issued before the market opens, and the conference call will begin at 10:00 a.m. Central time. Investors and interested parties may listen to the teleconference via telephone by calling 1-888-388-7493 if calling from the U.S. or Ca... » Continuing reading this story
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Tidewater Signs Construction Contract with Drydocks World
October 06, 2010

NEW ORLEANS, Oct 06, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that it has entered into a contract with Drydocks World for the construction of four 265-foot deepwater platform supply vessels at its shipyard in Batam, Indonesia. The delivery of these high-performance, high-capacity, 3,200 metric ton deadweight platform supply vessels is estimated to begin in April 2012 and conclude in late 2012. The contract price of the four vessels totals approximately $100 million, exc... » Continuing reading this story
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Tidewater to Present at Two Conferences
September 27, 2010

NEW ORLEANS, Sep 27, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer, and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Johnson Rice & Company 2010 Energy Conference in New Orleans, Louisiana on Tuesday, October 5, 2010, at approximately 8:00 a.m. Central time. The presentation will be available via real-time webcast at http://www.tdw.com. Playback will ... » Continuing reading this story
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Tidewater Announces Agreement for New Private Placement Financing
September 09, 2010

NEW ORLEANS, Sep 09, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced today that it and a group of institutional investors have executed a note purchase agreement in regards to $425 million of senior unsecured notes. The note purchase agreement contemplates closings on October 15, 2010 and December 30, 2010, when the company expects to issue a multiple series of notes totaling $310 million and $115 million, respectively. The notes will have maturities ranging from 5 years to 12 years ... » Continuing reading this story
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Tidewater to Present at the Barclays Capital 2010 CEO Energy-Power Conference
September 07, 2010

NEW ORLEANS, Sep 07, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer, Quinn P. Fanning, Executive Vice President and Chief Financial Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Barclays Capital 2010 CEO Energy-Power Conference in New York, New York on Thursday, September 16, 2010, at approximately 2:25 p.m. Eastern time. The presentation wi... » Continuing reading this story
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Tidewater to Present at the Pareto Securities' 17th Annual Oil and Offshore Conference
August 24, 2010

NEW ORLEANS, Aug 24, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer, and Quinn P. Fanning, Executive Vice President and Chief Financial Officer, will present at the Pareto Securities' 17th Annual Oil and Offshore Conference in Oslo, Norway, on Thursday, September 2, 2010, at approximately 10:10 a.m. local Oslo time. Upon completion of the presentation, the company will also file a Form 8-K with the SEC which... » Continuing reading this story
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Tidewater Reports First Quarter Results For Fiscal 2011
August 05, 2010

NEW ORLEANS, Aug 05, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced today first quarter net earnings for the period ended June 30, 2010, of $39.8 million, or $0.77 per share, on revenues of $262.5 million. For the same quarter last year, net earnings were $44.5 million, or $0.86 per share, on revenues of $326.6 million. The immediately preceding quarter ended March 31, 2010, had net earnings of $56.9 million, or $1.10 per common share, on revenues of $260.0 million. Included i... » Continuing reading this story
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Tidewater Elects Morris E. Foster To Its Board of Directors
July 28, 2010

NEW ORLEANS, Jul 28, 2010 (BUSINESS WIRE) -- Tidewater (NYSE: TDW) today announced the election of Morris E. Foster to its Board of Directors for a term expiring in July 2011. Morris E. Foster retired in 2008 as Vice President of ExxonMobil Corporation and President of ExxonMobil Production Company following more than 40 years of service with the ExxonMobil group. Mr. Foster joined Exxon in 1965 after his graduation from Texas A&M University with a Bachelor of Science in mechanical enginee... » Continuing reading this story
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Tidewater Declares Quarterly Dividend on Common Stock
July 22, 2010

NEW ORLEANS, Jul 22, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced that its board of directors declared on July 22, 2010, a quarterly dividend of $.25 per share on Tidewater's approximately 51.4 million shares of common stock outstanding. The dividend is payable September 15, 2010, to shareholders of record on September 3, 2010. Tidewater Inc. owns 390 vessels, the world's largest fleet of vessels serving the global offshore energy industry. SOURCE: Tidewater Inc. Tidewat... » Continuing reading this story
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Tidewater Preannounces Preliminary Results for Quarter Ended June 30, 2010 and Announces Conference Call
July 21, 2010

NEW ORLEANS, Jul 21, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that fiscal first quarter financial results for the three months ended June 30, 2010, are estimated to be between $0.75 - $0.80 on a fully diluted per share basis. Although Tidewater does not provide its own earnings forecast or endorse forecasts prepared by others, it does note that the Thomson First Call consensus estimate for the second quarter is currently $0.95 per share. The Company reported fully dilut... » Continuing reading this story
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Tidewater Announces Annual Stockholders' Meeting Webcast
July 07, 2010

NEW ORLEANS, Jul 07, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that the Company's annual stockholders' meeting will be held on July 22, 2010, at 10:00 a.m. Central time in New Orleans. A delayed webcast of a presentation to be made at the meeting by Dean Taylor, Chairman, President and CEO, and other senior management representatives, which will, among other things, provide a general overview of the Company's operations and recent financial results, will be available at ... » Continuing reading this story
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Tidewater to Present at the RBC Capital Markets Global Energy and Power Conference
June 01, 2010

NEW ORLEANS, Jun 01, 2010 (BUSINESS WIRE) --Tidewater Inc. (NYSE: TDW) announced today that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the RBC Capital Markets Global Energy and Power Conference in New York, New York, on Tuesday, June 8, 2010, at approximately 9:00 a.m. Eastern 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. Tidewate... » Continuing reading this story
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Tidewater to Present at the UBS Global Oil and Gas Conference
May 21, 2010

NEW ORLEANS, May 21, 2010 (BUSINESS WIRE) --Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the UBS Global Oil and Gas Conference in Austin, Texas, on Thursday, May 27, 2010, at approximately 8:40 a.m. Central time. The presentation will be available via real-time webcast at http://www.tdw.com. Playback will be available on May 27, ... » Continuing reading this story
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Tidewater Reports Fourth Quarter Results and Year End Earnings For Fiscal 2010
May 20, 2010

NEW ORLEANS, May 20, 2010 (BUSINESS WIRE) --Tidewater Inc. (NYSE:TDW) announced today fourth quarter net earnings for the period ended March 31, 2010, of $56.9 million, or $1.10 per share, on revenues of $260.0 million. For the same quarter last year, net earnings were $109.7 million, or $2.13 per share, on revenues of $341.6 million. For fiscal year ended March 31, 2010, net earnings were $259.5 million, or $5.02 per share, on revenues of $1,168.6 million. For the fiscal year ended March 31, 20... » Continuing reading this story
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Tidewater Declares Quarterly Dividend on Common Stock and Extends Authorization to Repurchase Shares of its Common Stock
May 14, 2010

NEW ORLEANS, May 14, 2010 (BUSINESS WIRE) --Tidewater Inc. (NYSE:TDW) announced today that its Board of Directors has declared a quarterly dividend of $0.25 per share on Tidewater's approximately 51.9 million shares of common stock outstanding. The dividend is payable June 15, 2010, to shareholders of record on June 4, 2010. Tidewater also announced today that its Board of Directors has extended the program for the Company to spend up to $200 million to repurchase shares of its common stock ... » Continuing reading this story
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Tidewater Announces Conference Call
April 26, 2010

NEW ORLEANS, Apr 26, 2010 (BUSINESS WIRE) --Tidewater Inc. (NYSE: TDW) announced today that its fiscal 2010 fourth quarter (ended March 31, 2010) earnings release and conference call have been scheduled for Thursday, May 20, 2010. The press release will be issued before the market opens, and the conference call will begin at approximately 10:00 a.m. Central time. Investors and interested parties may listen to the teleconference via telephone by calling 1-888-388-7493 if calling from the U.S. o... » Continuing reading this story
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Deborah Willingham Joins Tidewater's Senior Management Team
April 01, 2010

NEW ORLEANS, Apr 01, 2010 (BUSINESS WIRE) --Tidewater Inc. (NYSE: TDW) announced today that Deborah Willingham has joined Tidewater as Vice President and Chief Human Resources Officer. Ms. Willingham will report to Chairman, President and CEO Dean Taylor, and will be responsible for worldwide Human Resources for the company. Ms. Willingham joins Tidewater with over 25 years of Human Resource experience, most recently as Vice President of Human Resources for BMC Software, which she joined in 20... » Continuing reading this story
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Tidewater to Present at the Sidoti & Company, LLC Fourteenth Annual New York Emerging Growth Institutional Investor Forum
March 15, 2010

NEW ORLEANS, Mar 15, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Sidoti & Company, LLC Fourteenth Annual New York Emerging Growth Institutional Investor Forum in New York, New York, on Wednesday, March 24, 2010, at approximately 10:00 a.m. Eastern time (9:00 a.m. Central time). Upon completion of the presentation, the company will also file a Form 8-K with the SEC whi... » Continuing reading this story
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Tidewater to Present at the Howard Weil 38th Annual Energy Conference
March 12, 2010

NEW ORLEANS, Mar 12, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer, Quinn P. Fanning, Executive Vice President and Chief Financial Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Howard Weil 38th Annual Energy Conference in New Orleans, Louisiana, on Monday, March 22, 2010, at approximately 1:15 p.m. CDT. Upon completion of the presentation, ... » Continuing reading this story
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Tidewater Announces Promotion of Matthew A. Mancheski
March 09, 2010

NEW ORLEANS, Mar 09, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Matthew A. Mancheski, currently Senior Director of Strategic Planning and Financial Analysis of the Company, has been promoted to the position of Vice President - Chief Information Officer and Chief Strategic Planning Officer, effective March 4, 2010. Mr. Mancheski will be responsible for overseeing information technology, software applications, and all strategic planning initiatives of the Company. Mr... » Continuing reading this story
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Tidewater Announces Promotion of Jeffrey M. Platt
March 09, 2010

NEW ORLEANS, Mar 09, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Jeffrey M. Platt, currently an Executive Vice President of the Company, has been promoted to the position of Chief Operations Officer, effective March 4, 2010. Mr. Platt will be responsible for overseeing the day-to-day marine and shipyard operations of the Company, both domestically and internationally. Mr. Platt is a 1979 graduate of the University of Pittsburgh with a degree in Electrical Engineerin... » Continuing reading this story
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Tidewater Reports Third Quarter Results For Fiscal 2010
February 02, 2010

NEW ORLEANS, Feb 02, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced today third quarter net earnings for the period ended December 31, 2009, of $59.9 million, or $1.16 per common share, on revenues of $286.5 million. For the same quarter last year, net earnings were $117.0 million, or $2.28 per common share, on revenues of $362.3 million. The immediately preceding quarter ended September 30, 2009, had net earnings of $98.2 million, or $1.90 per common share, on revenues of... » Continuing reading this story
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Tidewater to Present at the Credit Suisse 2010 Energy Summit Conference
January 27, 2010

NEW ORLEANS, Jan 27, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that Quinn P. Fanning, Executive Vice President and Chief Financial Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Credit Suisse 2010 Energy Summit Conference in Vail, Colorado, on Thursday, February 4, 2010, at approximately 10:00 a.m. MST (11:00 a.m. CST). The presentation will be available via real-time webcast at http://www.tdw.com. Playba... » Continuing reading this story
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Tidewater Announces Conference Call
January 18, 2010

NEW ORLEANS, Jan 18, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE: TDW) announced today that its fiscal 2010 third quarter (ended December 31, 2009) earnings release and conference call have been scheduled for Tuesday, February 2, 2010. The press release will be issued before the market opens, and the conference call will begin at approximately 10:00 a.m. CST. Investors and interested parties may listen to the teleconference via telephone by calling 1-888-388-7493 if calling from the U.S. or C... » Continuing reading this story
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Tidewater Declares Quarterly Dividend on Common Stock
January 15, 2010

NEW ORLEANS, Jan 15, 2010 (BUSINESS WIRE) -- Tidewater Inc. (NYSE:TDW) announced that its Board of Directors declared on January 14, 2010, a quarterly dividend of $.25 per share on Tidewater's approximately 51.7 million shares of common stock outstanding. The dividend is payable March 16, 2010, to shareholders of record on March 5, 2010. Tidewater Inc. owns 394 vessels, the world's largest fleet of vessels serving the global offshore energy industry. SOURCE: Tidewater Inc. Tidewater Inc.... » Continuing reading this story
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