tidewater inc (TDW) Key Developments
Tidewater Inc. Presents at GHS 1x1 Series Dallas Energy Day, Apr-14-2015
Apr 11 15
Tidewater Inc. Presents at GHS 1x1 Series Dallas Energy Day, Apr-14-2015 . Venue: Dallas, Texas, United States.
Tidewater Inc. Presents at 43rd Annual Scotia Howard Weil Energy Conference, Mar-23-2015 02:30 PM
Mar 16 15
Tidewater Inc. Presents at 43rd Annual Scotia Howard Weil Energy Conference, Mar-23-2015 02:30 PM. Venue: Roosevelt New Orleans Hotel, 130 Roosevelt Way, New Orleans, Louisiana, United States. Speakers: Joseph M. Bennett, Chief Investor Relations Officer and Executive Vice President.
Tidewater Inc. Presents at Credit Suisse Energy Summit 2015, Feb-26-2015 08:35 AM
Feb 19 15
Tidewater Inc. Presents at Credit Suisse Energy Summit 2015, Feb-26-2015 08:35 AM. Venue: Vail Cascade Resort & Spa, 1300 Westhaven Drive, Vail, Colorado, United States. Speakers: Joseph M. Bennett, Chief Investor Relations Officer and Executive Vice President, Quinn P. Fanning, Chief Financial Officer and Executive Vice President.
Tidewater Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014; Provides CapEx Guidance for the Year 2015
Feb 9 15
Tidewater reported earnings results for the third quarter and nine months ended December 31, 2014. Net loss for the quarter was $3.31 per share, compared to a net earnings of $0.25 per share in the third quarter of 2014. The current quarter's net loss included a non-cash goodwill impairment charge of $4.43 per share resulting from an annual goodwill impairment assessment. Net loss was $160.7 million. Revenues were $387.6 million, up 6% from $365.2 million reported for the same period last year. Capex in the December quarter was approximately $103 million. Cash flow from operations was $91 million for the December quarter. The company reported loss per diluted common share of $3.31. Adjusted EPS was $1.12 per diluted share was down about 8%, sequentially, and flat relative to adjusted EPS for the December quarter of fiscal 2014, which also included a noncash goodwill impairment charge of approximately $0.87 per diluted share.
Cash flow from operations for the nine months ended December 31 was approximately $276 million. Book value per share as at December 31, 2014, is approximately $53 per share after taking into account the goodwill write-off.
Capex related to vessels and ROVs under construction for the remainder of 2015 is estimated at approximately $153 million.
Tidewater Inc. Declares Quarterly Dividend on Common Stock, Payable on March 16, 2015
Jan 29 15
Tidewater Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock payable on March 16, 2015, to shareholders of record on March 6, 2015.