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Tidewater Inc. (TDW)

8.21 Up 0.42(5.40%) 11:04AM EDT - Nasdaq Real Time Price
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Tidewater Inc.
Pan American Life Center
601 Poydras Street
New Orleans, LA 70130
United States - Map
Phone: 504-568-1010
Fax: 504-566-4582

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:8,500

Business Summary 

Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels to the offshore energy industry worldwide. The company operates in Americas, Asia/Pacific, Middle East/North Africa, and Sub-Saharan Africa/Europe segments. It provides services in support of offshore exploration, field development, and production, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, remotely operated vehicle (ROV) operations, and seismic and subsea support; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply vessels, and anchor handling towing supply vessels that are used in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats and utility vessels for use in transporting personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs used for towing floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe laying, cable laying, and construction barges. It serves international oil and natural gas exploration, field development, and production companies; select independent exploration and production companies; foreign government-owned or government-controlled organizations and other companies; drilling contractors; and other companies, including offshore construction companies, diving companies, and well stimulation companies. As of March 31, 2015, the company owned or chartered 289 vessels and 8 ROVs. Tidewater Inc. was founded in 1956 and is headquartered in New Orleans, Louisiana.

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Corporate Governance 
Tidewater Inc.’s ISS Governance QuickScore as of May 1, 2016 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 5; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Jeffrey M. Platt , 58
Chief Exec. Officer, Pres and Director
Mr. Quinn P. Fanning , 52
Chief Financial Officer and Exec. VP
Mr. Jeffrey A. Gorski , 55
Chief Operating Officer and Exec. VP
Mr. Joseph M. Bennett , 60
Chief Investor Relations Officer and Exec. VP
Mr. Bruce D. Lundstrom , 53
Chief Compliance Officer, Exec. VP, Gen. Counsel and Sec.
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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