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2017 Tidewater News

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04/19/17
Tidewater Receives Continued Listing Standards Notice from the New York Stock Exchange
NEW ORLEANS, April 19, 2017 /PRNewswire/ -- On April 18, 2017, Tidewater Inc. (NYSE:TDW) (the "Company") was notified by the New York Stock Exchange ("NYSE") that the 30-trading-day average closing price per share of the Company's common stock was below $1.00, which is the minimum average share price required for continued listing under NYSE rules. As required by NYSE rules, no later than May 2... 
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04/05/17
Tidewater Agrees to Short-Term Waivers with its Lenders and Noteholders to Conclude Restructuring Discussions
NEW ORLEANS, April 5, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) has been in restructuring discussions with its principal lenders and noteholders regarding the company's various debt arrangements. Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and noteholders which waived compliance with certain debt covenants until ... 
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03/27/17
Tidewater Announces Expiration of Limited Waivers from its Lenders and Noteholders
NEW ORLEANS, March 27, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that the latest waiver of covenant default from its lenders and noteholders expired in accordance with its terms on March 27, 2017, without a renewal being sought by the company. Jeffrey M. Platt, President and Chief Executive Officer of the company, said, "Negotiations with our lenders and noteholders are pr... 
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03/13/17
Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders
NEW ORLEANS, March 13, 2017 /PRNewswire/ -- As previously reported, Tidewater Inc. (NYSE: TDW) has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants.  Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and noteholders which w... 
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03/03/17
Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders
NEW ORLEANS, March 3, 2017 /PRNewswire/ -- As previously reported, Tidewater Inc. (NYSE: TDW) has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants.  Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and noteholders which wa... 
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02/07/17
Tidewater Reports Third Quarter Results For Fiscal 2017
NEW ORLEANS, Feb. 7, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today a third quarter net loss for the period ended December 31, 2016, of $297.7 million, or $6.32 per common share, on revenues of $129.2 million. For the same quarter last year, net loss was $19.5 million, or $0.42 per common share, on revenues of $218.2 million. The immediately preceding quarter ended September 30, 20... 
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01/26/17
Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders
NEW ORLEANS, Jan. 26, 2017 /PRNewswire/ -- As previously reported, Tidewater Inc. (NYSE: TDW) has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants.  Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and noteholders which wa... 
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01/25/17
Tidewater Announces Earnings Conference Call
NEW ORLEANS, Jan. 25, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that its fiscal 2017 third quarter (ended December 31, 2016) earnings conference call has been scheduled for Wednesday, February 8, 2017 at 10:00 a.m. Central time.  During the conference call, the Company will discuss the results for the quarter ended December 31, 2016, which are expected to be released on Febru... 
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