Tidewater operates the largest offshore support vessel fleet globally at a time when newbuild constraints and aging fleet retirements have driven day rates to cycle highs. Middle East and West Africa NOC offshore campaigns extend visibility through 2028. Limited shipyard capacity for new OSVs means rate discipline holds. Free cash flow generation enables aggressive share repurchases.
Thesis reviewed May 29, 2026
Tidewater Inc. is headquartered in United States, which is currently showing elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail ββ‘Energy84REDUCE| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| WDS | Woodside Energy Group Ltd | 77 | +10% | β77% | ENTRY |
| PBR | Petroleo Brasileiro SA (Petrobras) | 77 | -8% | β77% | AVOID |
| CVE | Cenovus Energy Inc. | 77 | +17% | β77% | ENTRY |
| SU | Suncor Energy Inc. | 77 | +14% | β77% | ENTRY |
| PTR | PetroChina Company Limited | 77 | +8% | β77% | NEUTRAL |
| TTE | TotalEnergies SE | 77 | +10% | β77% | ENTRY |
| FTI | TechnipFMC plc | 77 | +20% | β77% | ENTRY |
Investors who hold TDW may also have indirect exposure through these country funds.
Global OSV day rates rise 35% YoY on supply tightness
Petrobras awards multi-year PSV contracts at record terms
Estimates Β· Yahoo Finance Β· Not audited figures