Tidewater Inc (TDW) Stock Surges Over 5% Amid Strong Financial Performance

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Dec 11, 2024
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Tidewater Inc (TDW, Financial) experienced a significant stock price increase of 5.07%, reaching $49.55 per share. The trading volume was 1.26108 million shares with a turnover rate of 2.41% and a price fluctuation of 5.22%. Recent financial reports reveal a revenue of $340 million, net profit of $46.37 million, earnings per share of $0.88, and a gross profit of $98.37 million, with a price-to-earnings ratio of 14.51. Among nine rating institutions, 89% recommend buying the stock, while 11% suggest holding.

In the oil and gas equipment and services industry, the sector saw an overall increase of 1.83%. Tidewater Inc, along with Solaris Energy Infrastructure, Inc. and Natural Gas Services Group, Inc., led the gains.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.