A steadily growing giant that doesn't intend to let up
Today, we'll introduce a company that is demonstrating its ability to grow and expand its portfolio in any market environment. The company's strength is underscored by strong growth prospects, and the fact that the company has beaten earnings estimates 3 times out of the last 4 quarters.
In addition, the company announced the acquisition of 37 PSVs (Platform Supply Vessels), which represents a significant milestone in its strategy to strengthen its market position and deliver several key benefits. This category of vessels has the highest utilization across all market cycles. The addition of these 37 new vessels will make it the largest owner and operator of this vessel type in the world.
Company introduction
Tidewater Inc. $TDW is a renowned American company that has specialized in providing services to the offshore oil and gas industry for decades. Founded in 1956 in New Orleans, Louisiana, the company has grown over time into one of the world's largest providers of support services for…