TDW · Tidewater Inc
$94.17
-0.11 (-0.12%)
At close · Aug 17
Market Cap
$4.69B
Shares
49.76M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$94.28
Open$92.50
Day$92.25–95.32
52W close$47.29–94.28
Avg vol 30d685K
Short int6.5M · 13.0% float · 12.1d
Short vol48%
Last earningsAug 4, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 3
Up next
Next earnings call
Nov 7, 2026
Est · unconfirmed
· in 12 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 3, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Bearish
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 14.3 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+34%
above
Price vs 50-day avg
+26%
above
RSI (14)
71
overbought
MACD trend
Positive
52-week position
100%
near high
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+24%
trailing
6-month return
+19%
trailing
YTD return
+87%
this year
Relative strength
+6%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $75 › 200d $70 — 50d above 200d
Institutional flow
Distributing
-3% holders QoQ · +54 funds added
Insider flow
Distributing
Net -$2.1M over 90 days · 100% sells
Short interest
Rising
12.99% of float · ▲ +2.7% MoM · 12.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
359 holders — near 3-yr high, broad support
Squeeze score
80
high risk · 0–100
Fundamentals
Revenue growth
−39%
Y/Y
Gross margin
-5%
contracting
EPS growth
+95%
Y/Y
Free cash flow
$353.3M
Valuation
P/E 19.2
below peers
Buyback
$500.0M
authorized
Balance sheet
$518.5M
net debt
Quant / Vol
risk profile
Volatility
50%
annualized · 1-yr
Max drawdown
−29%
past year
ATR
4.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jun 30, 2026
Operation Epic Fury costs
· third quarter
$4M
Prior guidance
period ended
· from the 8-K filed Nov 10, 2025
Revenue
· full-year 2025
$1.33B – $1.35B
Gross margin
· full-year 2025
49% – 50%
Guided vs delivered
· last 2 settled
Revenue
full-year 2025
guided $1.33B – $1.35B
$1.35B
Beat +1.0%
Revenue
full year 2024
guided $1.4B – $1.45B
$1.35B
Miss −5.6%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+34%
Bullish
Price vs 50-day avg
+26%
Bullish
RSI (14)
71
Bearish
MACD trend
Positive
Bullish
52-week position
100%
Bullish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross)
No cross
50d $75 › 200d $70 — 50d above 200d
Institutional flow
Distributing
-3% holders QoQ · +54 funds added
Insider flow
Distributing
Net -$2.1M over 90 days · 100% sells
Short interest
Rising
12.99% of float · ▲ +2.7% MoM · 12.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
359 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $47
Now $94 · 100%
Range high $94
vs 200-day avg +34%
vs 50-day avg +26%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $133.8M | Q2 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP EBITDA 128.98M
+0K Non-cash indemnification assets charge (credit)
+3.75M Non-cash stock compensation expense
+0K Loss on early extinguishment of debt
+1.1M Acquisition, restructuring and integration related costs
= Adjusted EBITDA 133.83M
|
|||
| Available Days - Active Fleet - Total | 18,200 | Q2 FY2026 | — |
| Available Days - Total Fleet - Total | 18,705 | Q2 FY2026 | — |
| Average day rate | $22,938 | Q2 2026 | — |
|
|
|||
| Average Vessel Day Rates - Americas - Total | $29,056 | Q2 FY2026 | — |
| Average Vessel Day Rates - Asia Pacific - Total | $37,013 | Q2 FY2026 | — |
| Average Vessel Day Rates - Middle East - Total | $14,555 | Q2 FY2026 | — |
| Average vessels - Active fleet | 200 | Three Months Ended June 30, 2026 | — |
| Average vessels - Total fleet | 206 | Three Months Ended June 30, 2026 | — |
| EBITDA non-GAAP | 128.98M | Three Months Ended June 30, 2026 | — |
| Free cash flow non-GAAP | $64.4M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 67.04M
+540K Cash interest expense
+661K Interest income and other (net of certain non-cash items)
+0K Indemnification assets credit
-14.92M Additions to property and equipment
+0K Expansion capital
-484K Effects of exchange rate changes on cash
+11.53M Proceeds from asset sales
= Free cash flow 64.36M
|
|||
| Out-of-Service - Stacked Days - Total | 505 | Q2 FY2026 | — |
| Total | 206 | Q2 FY2026 | — |
| Utilization - Active Fleet - Total | 81.4% | Q2 FY2026 | — |
| Utilization - Total fleet | 79.2% | Three Months Ended June 30, 2026 | — |
| Vessel operating margin | 316.22M | Six Months Ended June 30, 2026 | — |
| Vessel operating margin (USD) | 158.99M | Three Months Ended June 30, 2026 | — |
| Vessels commencing drydocks | 15 | Three Months Ended June 30, 2026 | — |
| Weighted average leading edge day rate | $24,341 | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Equipment & Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
TDW
this stock
Tidewater Inc
|
$4.69B | +86.7% | +4.2% | 19.2 | 13.0% |
|
SLB
Slb Limited/Nv
|
$79.80B | +40.1% | +9.5% | 26.2 | 3.8% |
|
BKR
Baker Hughes Co
|
$64.35B | +42.3% | -0.3% | — | 2.5% |
|
FTI
TechnipFMC plc
|
$31.30B | +76.4% | +9.4% | 27.4 | 3.4% |
|
HAL
Halliburton Co
|
$28.68B | +21.8% | +22.5% | — | 4.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| TDW | +13.8% | +24.4% | +19.5% | +25.6% | +86.7% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | +13.4% | +19.9% | +5.7% | +21.7% | +72.8% |
Capital returns
Latest dividend
$0.01
/ share · ex Dec 30, 2020
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Buyback program
· as of Aug 3, 2026
Authorized
$500.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.