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Tidewater Inc. Message Board

  • Gymnutt58 Gymnutt58 Apr 27, 1999 12:09 PM Flag

    TDW to report earnings Thurs. April 29

    CC scheduled for 10:00am CT per TDW finance dept.

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    • Mambo:
      Just a quick note to let you know that

      looks like before the week is out
      the 50 day MAV
      will be intersecting the 200 day MAV.,
      this should
      again provide us with another "buy signal".
      Thanks
      for the tip on the P. and F. charts.

    • Manboking......Today TDW momentum turned positive
      once again, and planted another "X" in my little
      Dorseywright.com point and figure chart. Resistance now at 29.00
      and will be testing it, "manana", using the little
      "X's and O's" charts, "kind of like football plays".
      Eassy to read, worth my money.

    • http://quote.bloomberg.com/news2.cgi?T=energy_topnews.ht&s=45969424

      Qatar Oil Ministry's Salatt on OPEC Production Cuts:
      Comment


      Doha, Qatar, May 3 (Bloomberg) -- Following are
      comments by Abdullah Salatt, the Qatar oil ministry's
      governor to the Organization of Petroleum Exporting
      Countries, on production cuts promised in March by 14
      nations to erase a global oil glut and boost prices.


      Qatar agreed to slash production by 47,000 barrels a
      day to 593,000 barrels a day. The Organization of
      Petroleum Exporting Countries and four other nations
      pledged to start cutting output on April 1 in a plan to
      trim world supply by 2.1 million barrels a day, or 2.7
      percent.

      Qatar is the smallest oil producer within
      OPEC, yet in percentage terms it has been one of the
      group's biggest quota violators.

      ``We always
      adhere to our commitments,'' Salatt said. ``We have
      fully implemented our cuts since April 1.

      ``We
      expect compliance to be higher in May because some
      producers were unable to fully implement their cuts in
      April because they had prior contractual commitments. I
      expect compliance to be much higher than 80 percent in
      May, and for the rest of the year.

      ``The
      spirit of the member countries of OPEC is positive, and
      the commitment is strong, so we expect to see a very
      high rate of compliance,'' he said.


      May/03/1999 7:20

    • SunMaster...TDW now trading over the 200 day MAV,

      has corrected each leg up, and
      is currently in
      process of
      attaining the next resistance
      level at
      29.00 sometime this week.
      There are no run away gaps
      on the chart
      indicating a solid advance,
      in
      early stages of development.
      I plan to add to my
      position now.

    • **U.S. oil drilling rigs up 6, Canada up
      2


      NEW YORK, April 30 (Reuters) - The number of
      rigs exploring for oil and natural gas in the United
      States rose six from last week to stand at 494 as of
      April 30, and down from 876 a year ago, oil services
      firm Baker Hughes Inc. said Friday.

      The number
      of rigs drilling on land was unchanged at 380, while
      rigs working offshore rose two to 98. The number of
      rigs active in inland waters rose four to 16.


      The Gulf of Mexico rig count rose two to 97.


      The number of rigs searching for gas rose six to 368,
      and the number of rigs searching for oil remained
      126.

      There were no miscellaneous rigs,
      unchanged from last week.

      There were 155 rigs
      exploring directionally, 32 exploring horizontally, and 307
      exploring vertically.

      In Canada, the number of
      working rigs rose two from the previous week to 48,
      compared with 114 a year ago.

      The states with the
      largest change in their rig count were Texas, which
      gained seven and Louisiana, which gained four.


      The weekly rig count reflects the number of rigs
      exploring for oil and gas, not those producing oil and gas.


      15:46 04-30-99

    • There is a good write-up on TDW's quarterly results at http://www.labpuppy.com under Will's oil service commentary. Hope this helps.

    • anyone got any feel for how the boat market is likely to consolidate? TDW have the cash the chairman in the cc made a point about acquisition, anyone have a strong view?

    • TDW has 50+ boats for sale total in the domestic and international markets per my notes from the CC.

    • I recall that they are not the same. Gymnutt can you confirm?

    • Srbuggs....great posting , Tax Credits are
      "Earned" and not given at the candy store as you well
      know, and TDW management is Smart for using them. No
      different than an individual taking them on their tax
      returns, TDW followed the law and took advantage of it,
      thats fine money management, think will let William
      O'Malley do my Income tax next year.

    • View More Messages
 
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