u/Evening_Struggle_333 · 4h agono track record yet
“About 60k in this alr up 19%”
^TDW stock pitch and incoming fire acquisition
Tidewater is acquiring Wilson Sons Ultratug for $500M, adding $220M revenue at 58% gross margin and $240M of subsidized Brazilian debt that lowers cost of capital. The company is uniquely positioned to capture demand from 38 new offshore rigs projected to be installed in 2027-2028, particularly as Iran tensions cool and oil demand recovers.
Now $95.25as of Aug 21, 4:59 PM ET