34.32 0.00 (0.00%)
After hours: 4:37PM EDT
|Bid||31.50 x 600|
|Ask||0.00 x 800|
|Day's Range||33.94 - 35.64|
|52 Week Range||5.50 - 39.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||38.00|
NEW YORK, July 18, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of GulfMark Offshore, Inc. ("GLF" or the "Company") (GLF) in connection with the proposed acquisition of the Company by Tidewater Inc. ("TDW") (TDW). Under the terms of the merger agreement, GLF shareholders will receive 1.10 shares of TDW for each GLF share they own. This represents consideration of $33.68 per share, based on TDW's July 13 closing price of $30.62. WeissLaw is investigating whether GLF's Board acted to maximize shareholder value prior to entering into the agreement. Notably, at least one analyst set a target price of $42.00 per share, or $8.32 above the consideration. Additionally, the Company recently announced positive financial results for the three-month period ending March 31, 2018, reporting sequential growth of 13% in average day rates.
NEW YORK, July 18, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. To: All Persons or Entities who purchased GulfMark Offshore, Inc. stock prior to July 16, 2018. You are hereby ...
The Zacks Analyst Blog Highlights: ConocoPhillips, Anadarko, Occidental, GulfMark and QEP Resources
ConocoPhillips (COP), Anadarko Petroleum (APC) and Occidental Petroleum (OXY) announced initiatives to return capital to shareholders.
The increased scale from the deal brings with it a number of benefits, according to the future CEO of the combined company.
Inc., a deal the companies said would create the largest fleet of offshore support vessels. Tidewater reached a deal to purchase GulfMark for about $340 million, the companies said Monday. GulfMark shareholders will get 1.1 shares of Tidewater stock for each share held.
The combination of Tidewater (TDW) and GulfMark will create a leader in the offshore support vessel (OSV) sector with the largest fleet of 102 Tier 1 vessels.
NEW YORK, July 16, 2018-- Bragar Eagel & Squire, P.C. is investigating potential claims against GulfMark Offshore, Inc. on behalf of stockholders concerning the proposed transaction with Tidewater Inc.. ...
NEW YORK , July 16, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against GulfMark Offshore, Inc. (NYSE: GLF) and its board of directors for breach of fiduciary duty concerning ...
NEW YORK, July 16, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. To: All Persons or Entities who purchased GulfMark Offshore, Inc. stock prior to July 16, 2018. You are hereby ...
Offshore services provider Tidewater Inc said on Monday it would buy smaller rival GulfMark Offshore Inc in an all-stock deal to create a $1.25 billion company, the latest in a consolidation spurred by the recovery in oil prices. The deal allows U.S-based Tidewater to expand its presence in the UK North Sea basin, where a 30 percent jump in oil prices since the end of 2016 has boosted rates for operators. Offshore services providers, which help drillers transport equipment, crew and also prepare the rig, had been particularly hard hit by the slump in oil prices that began in 2014.
Both companies emerged from bankruptcy last year, and one moved its headquarters from New Orleans to Houston.
HOUSTON, July 16, 2018 /PRNewswire/ -- Tidewater Inc. (TDW) ("Tidewater") and GulfMark Offshore, Inc. (GLF) ("GulfMark") today announced that the Boards of Directors of both companies have unanimously approved a definitive agreement to combine the two companies. Under the terms of the all-stock agreement, GulfMark stockholders will receive 1.100 shares of Tidewater common stock for each share of GulfMark common stock held by them. Each GulfMark noteholder warrant will be automatically converted into the right to receive 1.100 Tidewater shares, subject to Jones Act restrictions on maximum ownership of shares by non-U.S. citizens.
Significant Financial and Operating Performance Improvements Forecasted By Recovery in the North Sea and Operational Efficiencies. HOUSTON, May 10, 2018-- GulfMark Offshore, Inc. today announced its results ...
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HOUSTON, April 30, 2018-- GulfMark Offshore, Inc. announced today that its three months ended March 31, 2018 operating results conference call is scheduled for Friday, May 11, 2018, at 9:00 a.m. eastern ...
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NEW YORK, NY / ACCESSWIRE / March 29, 2018 / GulfMark Offshore, Inc. (NYSE American: GLF ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 29, 2018 at 9:00 AM Eastern ...