News & Videos - TIDEWATER INC. - English

Tidewater Announces Intent to List Series A and Series B Warrants on NYSE PR Newswire NEW ORLEANS, Sept. 29, 2017 NEW ORLEANS , Sept. 29, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced today that the Company has notified the New York Stock Exchange (the "NYSE") of its intent to list its Series A Warrants and Series B Warrants with CUSIP numbers 88642R 117 and 88642R 125, respectively, on the NYSE. The Series A Warrants will have the ticker symbol "TDW...

Tidewater to Present at the Johnson Rice 2017 Energy Conference PR Newswire NEW ORLEANS, Sept. 21, 2017 NEW ORLEANS , Sept. 21, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that Jeffrey M. Platt , President and Chief Executive Officer, and Joseph M. Bennett , Executive Vice President and Chief Investor Relations Officer, will present at the Johnson Rice 2017 Energy Conference in New Orleans, Louisiana , on Tuesday, September 26, 2017 , at approximately 2:30 p.m. Central time ....

Tidewater Reports First Quarter Results For Fiscal 2018 PR Newswire NEW ORLEANS, Aug. 8, 2017 NEW ORLEANS , Aug. 8, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today a first quarter net loss for the period ended June 30, 2017, of $524.4 million , or $11.13 per common share, on revenues of $115.1 million . For the same quarter last year, net loss was $89.1 million , or $1.89 per common share, on revenues of $167.9 million . The immediately preceding quarter ended March 31, 2017 , had...

Tidewater Successfully Completes Financial Restructuring And Emerges From Chapter 11 Bankruptcy PR Newswire NEW ORLEANS, July 31, 2017 NEW ORLEANS , July 31, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced that effective today the Company and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization pursuant to the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Tidewater and its...

Tidewater Announces Continued Listing Of New Shares Of Common Stock And Trading Under Ticker "TDW" And Authorization Of New Listing Of Series A And Series B Warrants Following Emergence From Chapter 11 Reorganization PR Newswire NEW ORLEANS, July 27, 2017 NEW ORLEANS , July 27, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced today that the Company received approval to list its new common stock with the new CUSIP number 88642R 109 (the "New Common Stock")...

Tidewater Announces Confirmation Of Plan Of Reorganization PR Newswire NEW ORLEANS, July 13, 2017 NEW ORLEANS , July 13, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has confirmed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Tidewater and its Affiliated Debtors, originally dated May 17, 2017 and amended on July 12, 2017 and July 13,...

Tidewater Reports Fourth Quarter and Year End Results For Fiscal 2017 PR Newswire NEW ORLEANS, June 12, 2017 NEW ORLEANS , June 12, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today a fourth quarter net loss for the period ended March 31, 2017, of $94.9 million , or $2.01 per common share, on revenues of $160.7 million . For fiscal year ended March 31, 2017 , the company's net loss was $660.1 million , or $14.02 per common share, on revenues of $601.6 million . For the prior fiscal...

Tidewater Receives Approval Of First Day Motions PR Newswire NEW ORLEANS, May 19, 2017 NEW ORLEANS , May 19, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") today announced that the United States Bankruptcy Court for the District of Delaware has granted the relief requested by the Company in certain first day motions related to ordinary course business activities. Among other things, the approved motions authorize the Company to pay prepetition employee wages and...

Tidewater Commences Prepackaged Chapter 11 Cases Pursuant To Restructuring Support Agreement PR Newswire NEW ORLEANS, May 17, 2017 NEW ORLEANS , May 17, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") announced today that it and certain of its subsidiaries (collectively with Tidewater, the "Debtors"), have filed voluntary petitions under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the...

Tidewater Announces Entry Into Restructuring Support Agreement With Certain Lenders And Noteholders PR Newswire NEW ORLEANS, May 12, 2017 NEW ORLEANS , May 12, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) ("Tidewater" or the "Company") has entered into a Restructuring Support Agreement ("RSA") with certain of its lenders under Tidewater's Fourth Amended and Restated Revolving Credit Agreement, dated as of June 21, 2013 (the "Credit Agreement") and holders of Tidewater Senior Notes due in...

VIRGINIA BEACH, Va., May 10, 2017 (GLOBE NEWSWIRE) -- With the warmer weather here, Hampton Roads homeowners are looking for ways to improve their curb appeal. Luckily, the professionals at Window World of Tidewater, the local exterior remodeling experts, have compiled a list of key improvements that’ll make your home stand out (in a good way). Window World of Tidewater, the local exterior remodeling experts, have compiled a list of key improvements that’ll make your home stand out (in a...

Tidewater Receives Continued Listing Standards Notice from the New York Stock Exchange PR Newswire NEW ORLEANS, April 19, 2017 NEW ORLEANS , April 19, 2017 /PRNewswire/ -- On April 18, 2017 , Tidewater Inc. (NYSE:TDW) (the "Company") was notified by the New York Stock Exchange ("NYSE") that the 30-trading-day average closing price per share of the Company's common stock was below $1.00 , which is the minimum average share price required for continued listing under NYSE rules. As required by NYSE...

Tidewater Agrees to Short-Term Waivers with its Lenders and Noteholders to Conclude Restructuring Discussions PR Newswire NEW ORLEANS, April 5, 2017 NEW ORLEANS , April 5, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) has been in restructuring discussions with its principal lenders and noteholders regarding the company's various debt arrangements. Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and noteholders which...

VIRGINIA BEACH, Va., March 28, 2017 (GLOBE NEWSWIRE) -- Window World of Tidewater is once again helping the community in its recent sponsorship of the St. Jude Children’s Research Hospital ® Dream Home Giveaway. Window World of Tidewater donated product and installation of the whole house of windows, sliding glass door, entry and garage door! A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/88150300-f132-4d45-9123-8535733e6695...

Tidewater Announces Expiration of Limited Waivers from its Lenders and Noteholders PR Newswire NEW ORLEANS, March 27, 2017 NEW ORLEANS , March 27, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that the latest waiver of covenant default from its lenders and noteholders expired in accordance with its terms on March 27, 2017 , without a renewal being sought by the company. Jeffrey M. Platt , President and Chief Executive Officer of the company, said, "Negotiations with our lenders...

Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders PR Newswire NEW ORLEANS, March 13, 2017 NEW ORLEANS , March 13, 2017 /PRNewswire/ -- As previously reported, Tidewater Inc. (NYSE: TDW) has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants. Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and...

Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders PR Newswire NEW ORLEANS, March 3, 2017 NEW ORLEANS , March 3, 2017 /PRNewswire/ -- As previously reported, Tidewater Inc. (NYSE: TDW) has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants. Pending the resolution of those discussions, the company had previously received limited waivers from the necessary lenders and...

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Tidewater Reports Third Quarter Results For Fiscal 2017 PR Newswire NEW ORLEANS, Feb. 7, 2017 NEW ORLEANS , Feb. 7, 2017 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today a third quarter net loss for the period ended December 31, 2016, of $297.7 million , or $6.32 per common share, on revenues of $129.2 million . For the same quarter last year, net loss was $19.5 million , or $0.42 per common share, on revenues of $218.2 million . The immediately preceding quarter ended September 30,...