Somewhat Positive Media Coverage Somewhat Unlikely to Affect Tidewater (TDW) Share Price

Media coverage about Tidewater (NYSE:TDW) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tidewater earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 46.2752077035186 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Tidewater (TDW) traded up $0.60 during trading on Thursday, hitting $28.45. 204,300 shares of the stock were exchanged, compared to its average volume of 158,643. The firm has a market cap of $622.62 and a price-to-earnings ratio of -0.04. The company has a current ratio of 3.36, a quick ratio of 3.24 and a debt-to-equity ratio of 0.43. Tidewater has a 1-year low of $20.37 and a 1-year high of $30.35.

Tidewater (NYSE:TDW) last issued its earnings results on Wednesday, November 8th. The oil and gas company reported ($0.81) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($38.80) by $37.99. The company had revenue of $74.30 million during the quarter, compared to analyst estimates of $112.90 million. The business’s revenue for the quarter was down 48.3% compared to the same quarter last year. During the same quarter last year, the company posted ($31.73) EPS.

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Tidewater Company Profile

Tidewater Inc provides offshore service vessels and marine support services. The Company operates through four segments: Americas, Asia/Pacific, Middle East/North Africa and Sub-Saharan Africa/Europe. Its Americas segment includes the activities of the Company’s North American operations, which include operations in the United States Gulf of Mexico (GOM), and the United States and Canadian coastal waters of the Pacific and Atlantic oceans, as well as operations of offshore Mexico, Trinidad and Brazil.

Insider Buying and Selling by Quarter for Tidewater (NYSE:TDW)

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