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Tidewater Inc., along with its subsidiaries, provides essential marine support and transportation services globally for the offshore energy industry, leveraging its diverse fleet of specialized vessels. Its core activities include facilitating offshore oil and natural gas exploration, field development, and production, as well as contributing to windfarm development and maintenance. These critical services range from towing and anchor handling for mobile offshore drilling units to the crucial transport of supplies and personnel for ongoing drilling, workover, and production operations…
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ: FIP) (the “Company” or “FIP”) announced today that it has completed the acquisition of AP Shale Logistics ManagementCo LLC, doing business as Tidewater Logistics (“Tidewater”), a barge and rail transloading company with operations in Ohio, West Virginia, and Texas. The Company acquired Tidewater for a cash consideration of approximately $45 million, funded through an upsizing of FIP's existing term loan with existing lenders.
On May 27, 2026, Tidewater Inc (TDW) shares fell 4.6% to a current price of $75.09. This decline is notable considering its 52-week range, which has seen a high
On May 21, 2026, Tidewater Inc (TDW) shares fell 4.0% today, bringing the current price to $81.20. The stock has traded between a 52-week high of $93.13 and a l
Tidewater Inc. (TDW) Q1 2026 Earnings Call Transcript
Tidewater (TDW) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.83 per share a year ago.