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Tidewater Inc (TDW)

TDW on New York Consolidated

0.87USD
24 Mar 2017
Change (% chg)

$0.01 (+0.60%)
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Latest Key Developments (Source: Significant Developments)

Tidewater gets limited waiver extensions from lenders, noteholders
Monday, 13 Mar 2017 05:09pm EDT 

Tidewater Inc : Tidewater receives limited waiver extensions from its lenders and noteholders .Tidewater Inc - company has now received extensions of waivers until march 27, 2017.  Full Article

Tidewater receives limited waiver extensions from its lenders, noteholders
Friday, 3 Mar 2017 05:46pm EST 

Tidewater Inc : Tidewater receives limited waiver extensions from its lenders and noteholders . Tidewater Inc says has now received extensions of those waivers until March 13, 2017 .Tidewater Inc - received limited waivers from necessary lenders and noteholders which waived compliance with these covenants until March 3, 2017.  Full Article

Tidewater reports third quarter results for fiscal 2017
Tuesday, 7 Feb 2017 05:37pm EST 

Tidewater Inc : Tidewater reports third quarter results for fiscal 2017 . Q3 loss per share $6.32 . Q3 revenue $129.2 million versus I/B/E/S view $136.9 million . Q3 earnings per share view $-1.16 -- Thomson Reuters I/B/E/S . Tidewater Inc - Included in net loss for quarter was $253.4 million ($253.4 million after-tax, or $5.38 per share) in non-cash asset impairment charges .Tidewater Inc - Actively engaged with its lenders and noteholders with respect to potential restructuring of company's various debt arrangements.  Full Article

Robert Robotti reports 6.1 pct stake in Tidewater Inc
Friday, 26 Aug 2016 05:10pm EDT 

Tidewater Inc :Robert Robotti reports 6.1 percent stake in Tidewater as of Aug. 17, 2016 - SEC filing.  Full Article

Tidewater says continues talks with lenders to amend debt pacts
Tuesday, 9 Aug 2016 05:31pm EDT 

Tidewater Inc : Q1 loss per share $1.89 . Q1 earnings per share view $-0.74 -- Thomson Reuters I/B/E/S . Tidewater reports first quarter results for fiscal 2017 and announces conference call on wednesday, august 10, 2016 at 10:00 a.m. Central time . Q1 revenue $167.9 million versus I/B/E/S view $169.7 million . At june 30, 2016, co did not meet 3.0x minimum interest coverage ratio covenant ontained in its revolving credit and term loan agreement . Continues to engage in discussions with principal lenders & noteholders to amend co's debt arrangements . Within fiscal 2017, company may no longer be in compliance with minimum interest coverage ratio requirement . $55.5 million in non-cash asset impairment charges in q1 that resulted from impairment reviews undertaken during march 2016 quarter . Tidewater says internal forecast indicated that within fiscal 2017, co may no longer be in compliance with minimum interest coverage ratio requirement .All of company's indebtedness has been reclassified as a current liability in accompanying consolidated balance sheet since march 31, 2016.  Full Article

Tidewater Q4 loss per share $1.74
Wednesday, 25 May 2016 05:43pm EDT 

Tidewater Inc : Event of default under borrowing arrangements as uncertainty raises substantial doubt about co's ability to continue as going concern . Tidewater reports fourth quarter and year end results for fiscal 2016 . Q4 loss per share $1.74 . Q4 revenue $184.2 million versus i/b/e/s view $192.4 million .Q4 earnings per share view $-0.59 -- Thomson Reuters I/B/E/S.  Full Article

Tidewater Inc announces suspension of dividend and common stock repurchase program
Thursday, 28 Jan 2016 05:44pm EST 

Tidewater Inc:Board of Directors has approved management's recommendation to suspend Tidewater's quarterly dividend and common stock repurchase program.By suspending what has been a $0.25 per share quarterly dividend, the company will preserve approximately $47 million of cash annually.  Full Article

Tidewater Inc declares quarterly dividend on common stock
Thursday, 12 Nov 2015 03:08pm EST 

Tidewater Inc:Declared on November 12, 2015, a quarterly cash dividend of $0.25 per share of common stock.Payable December 15, 2015, to shareholders of record on December 4, 2015.  Full Article

Tidewater Inc declares quarterly cash dividend
Friday, 31 Jul 2015 10:45am EDT 

Tidewater Inc:Declared on July 30, 2015, a quarterly cash dividend of $0.25 per share of common stock.Dividend payable Sept. 15 to shareholders of record on Sept. 4.  Full Article

Tidewater Inc declares quarterly dividend on common stock
Friday, 15 May 2015 12:27pm EDT 

Tidewater Inc:Declares quarterly cash dividend of $0.25 per share of common stock.Payable on June 15 to shareholders of record date as on June 5.  Full Article

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BRIEF-Tidewater gets limited waiver extensions from lenders, noteholders

* Tidewater receives limited waiver extensions from its lenders and noteholders