TIDEWATER INC (TDW) executive Daniel A. Hudson, EVP, CLO & Corporate Secretary, reported a bona fide gift of 200 shares of Tidewater common stock on 2026-08-20. The shares were gifted to a charitable organization and carried a reported transaction price of $0.00 per share. Following this gift, Hudson directly holds 48,029 Tidewater common shares.
Tidewater Inc. executive Samuel R. Rubio, EVP, CFO & CAO, reported an open-market sale of 17,705 shares of Tidewater common stock on 2026-08-12 at a weighted average price of $91.56 per share, with trades executed between $91.07 and $92.12. The sold shares were held indirectly through the Rubio Family Trust, where he and his spouse serve as co-trustees with shared voting and dispositive power. After these updates and related corrections between direct and trust holdings, the trust holds 33,214 shares indirectly, and Rubio also holds 16,650 shares directly.
Tidewater Inc. filed an automatic shelf registration statement allowing it to offer and sell, from time to time after effectiveness, a broad range of securities, including common stock, preferred stock, debt securities, depositary shares, units and warrants. Specific terms and amounts will be set in future prospectus supplements.
The company expects to use any net proceeds for general corporate purposes, which may include debt repayment or refinancing, working capital, capital expenditures, investments and acquisitions. Tidewater highlights Jones Act-related limits on non-U.S. ownership of its common stock and discloses existing long-dated Jones Act-related warrants outstanding.
Tidewater Inc. executive Daniel A. Hudson, EVP, CLO & Corporate Secretary, reported a sale of 5,000 shares of Tidewater common stock on August 10, 2026. The shares were sold at $89.01 per share in an open-market or private transaction effected pursuant to a Rule 10b5-1 trading plan adopted on March 17, 2026. After this transaction, Hudson beneficially owned 48,229 shares of Tidewater common stock directly.
Tidewater Inc. reported second-quarter 2026 revenue of $342.3 million, slightly above a year earlier, while net income attributable to Tidewater declined to $21.7 million, or $0.43 per diluted share, from $72.9 million, or $1.46 per share, in second-quarter 2025. Operating income was $62.5 million and Adjusted EBITDA was $133.8 million. For the first six months of 2026, revenue was $668.5 million and net income attributable to Tidewater was $27.8 million.
Fleet fundamentals continued to firm, with an average day rate of $22,938, up $655 sequentially, and a weighted average leading edge day rate of $24,341, up 7.5%. Vessel operating margin was 46.8% and global active-fleet utilization was 81.4%. Tidewater ended June 30, 2026 with $613.5 million in cash and cash equivalents and 49.8 million common shares outstanding, plus in-the-money warrants for 72,265 shares.
The company updated its 2026 guidance to revenue of $1.42–$1.47 billion and gross margin of 49–50%, reflecting an expected around September 1, 2026 closing of the WSUT acquisition and ongoing conflict-related costs in the Middle East. Management expects about $13.1 million of 2026 conflict-related costs, of which $7.6 million is contractually billable, and highlighted an outstanding share repurchase authorization of $500 million.
Tidewater Inc. reported second‑quarter 2026 revenue of $342,287 thousand, essentially flat with the prior year, while net income attributable to Tidewater declined to $21,662 thousand from $72,930 thousand. For the first six months, revenue was $668,509 thousand and net income attributable was $27,802 thousand versus $674,875 thousand and $115,583 thousand a year earlier.
Total vessel operating costs, general and administrative expense and depreciation and amortization all increased year over year. Income tax expense rose to $59,965 thousand from $31,693 thousand, and foreign exchange moved from a $19,272 thousand gain to a $4,091 thousand loss. Cash and cash equivalents were $613,544 thousand at June 30, 2026, against long‑term debt of $647,523 thousand, and net cash from operating activities was $86,222 thousand in the first half.
Tidewater agreed to acquire the Wilson Companies for $500.0 million in cash, adding 22 platform supply vessels in Brazil, with closing expected around September 1, 2026 after key approvals and waivers were obtained. The company also holds an approximately $85.7 million judgment related to Venezuelan asset expropriation that remains unrecognized because collection is uncertain.
Darron M. Anderson, an affiliate of TDW, filed to sell 1,219 shares of common stock through Fidelity Brokerage Services LLC on or after July 22, 2026, with an indicated aggregate value of $96,136.44. The shares are listed on the NYSE. The filing lists the origin of these shares as multiple restricted stock vesting events granted by the issuer between April 2022 and June 2024. It also discloses that during the past three months, Anderson previously sold 2,680 common shares on June 25, 2026 for total proceeds of $175,459.60.
TIDEWATER INC director Louis Raspino received a grant of 1,760 shares of common stock as a Restricted Stock Award. The award carries no purchase price and is classified as a compensation-related acquisition rather than an open-market buy. Following this grant, Raspino directly holds 48,551 common shares. The Restricted Stock Award is scheduled to vest on June 16, 2027, meaning the shares become fully his over time as long as the vesting conditions are met.