Dick Fagerstal
the Board plans to appoint Dick Fagerstal, who currently serves as the Lead Independent Director and Chair of the Audit Committee of the Board, as Chairman of the Board
Highest-materiality recent filing
Tidewater reports Q2 FY2026 earnings; no financial details in filing text
Earnings release issued on August 3, 2026 for quarter ended June 30, 2026.
Tidewater receives all regulatory approvals for $500M acquisition; expects Q3 2026 close
Acquisition of Wilson Sons Ultratug and Atlantic Offshore Services for $500M cash, debt-free cash-free basis.
Tidewater shareholders approve 2.25M share increase to stock incentive plan
Shareholders approved first amendment to 2021 Stock Incentive Plan, increasing shares by 2,250,000 to 4,750,000 total.
Tidewater reports Q1 FY2026 results; no financial figures in filing text
Earnings release for quarter ended March 31, 2026 issued on May 4, 2026.
Director Darron M. Anderson to not stand for reelection; Board reduced to 7 members
Darron M. Anderson notified Board on March 17, 2026, he will not stand for reelection at 2026 Annual Meeting.
Tidewater announces earnings for Dec 31, 2025 quarter; no details in provided text
Quarter ended December 31, 2025 financial results announced on March 2, 2026.
Tidewater acquires WSUT for $500M; adds 22 PSVs, expands Brazil fleet
Enterprise value $500M includes assumption of ~$261M debt; all-cash from cash on hand.
Tidewater reports Q3 FY2025 results; no specific figures in filing text
Earnings release for quarter ended September 30, 2025 issued on November 10, 2025.
Tidewater authorizes $500M share buyback; Q2 earnings released
Board authorized up to $500.0 million common stock repurchase program.
Tidewater closes $650M note offering, $250M revolver, appoints new COO
Issued $650M of 9.125% senior unsecured notes due 2030; proceeds used to redeem 2026 and 2028 bonds and repay term loan.
Tidewater prices $650M of 9.125% senior notes due 2030, to refinance existing debt
Offering of $650M unsecured senior notes at 9.125%, maturing July 15, 2030; priced at par.
Tidewater launches $650M senior notes offering to refinance existing debt and term loan
Offers $650M of unsecured senior notes due 2030 in private placement to qualified institutional buyers.
Tidewater EVP & COO David Darling to depart executive role June 30 under succession plan
David Darling, 70, will cease as EVP & COO effective June 30, 2025, providing transition services for up to 18 months.
Tidewater references Q1 2025 earnings release; no results in 8-K text
Filing states earnings press release issued May 5, 2025 for quarter ended March 31, 2025.
Tidewater reports Q4 2024 earnings; board approves $90.3M stock buyback
Q4 2024 earnings press released Feb 27, 2025; filing contains no detailed financial figures.
Tidewater boosts share repurchase program by $10.1M, now $42.8M available
Board approved a $10.1M increase in the share repurchase program on November 7, 2024.
Tidewater warrants to expire Nov 14; NYSE suspends trading Nov 13
782,993 warrants issued by GulfMark Offshore assumed by Tidewater; each warrant exercisable for 1.1 shares at $100.00.
Withdrew bond amendment proposal after preliminary feedback from holders of the 10.375% senior unsecured bonds due 2028.
Tidewater calls bondholders meeting to amend terms of 10.375% senior notes due 2028
Tidewater instructs trustee to hold bondholders' meeting on Sept 30, 2024 to consider bond amendments.
Tidewater reports Q2 2024 earnings; boosts share repurchase by $13.9M
Board approved $13.9M increase in share repurchase program; total authorization now ~$47.7M available.
Tidewater annual meeting results: all directors elected, say-on-pay approved, annual frequency
All eight director nominees elected; Kenneth H. Traub received 39.2M for, 3.7M against, others >42.2M for.
Tidewater reports Q1 2024 earnings; boosts share repurchase by $18.1M
Earnings release issued but no financial details available in this filing; press release furnished as Exhibit 99.1.
Tidewater management to present at Raymond James conference; no material updates
CEO Quintin Kneen and management plan to participate in Raymond James 45th Annual Institutional Investor Conference (March 3-6, 2024).
Tidewater reports Q4 2023 earnings; filing lacks financial details
Press release for quarter ended Dec 31, 2023 issued Feb 29, 2024.
Tidewater completes $35M share repurchase program, buying 590,499 shares
Repurchased 590,499 shares of common stock on open market for ~$35M.
Tidewater reports Q3 2023 results; press release exhibit not included in filing text
Earnings press released on Nov 6, 2023 for quarter ended Sep 30, 2023.
Tidewater files Solstad vessel acquisition financials; 2022 pro forma net loss $110M
Acquired 37 PSVs for $596.2M cash; financed via $325M DnB term loan and $250M 10.375% bonds due 2028.
Tidewater CEO Quintin Kneen to present at Barclays CEO Energy-Power Conference Sept 5-7, 2023
President and CEO Quintin Kneen participating in Barclays CEO Energy-Power Conference from Sept 5-7, 2023.
Tidewater announces Q2 2023 results; financial details absent from filing text
Earnings release issued on August 7, 2023 for quarter ended June 30, 2023.
Tidewater Series A and B warrants to expire July 31; NYSE suspends trading July 26
Series A warrants (2,432,432 shares, strike $57.06) and Series B warrants (2,629,657 shares, strike $62.28) expire July 31, 2023 at 5:00 PM ET.
Tidewater closes $580M acquisition of 37 PSVs from Solstad; secures $575M financing
Acquired 37 PSVs and related assets from Solstad Offshore for approx. $580M ($577M base + $3M initial adjustment).
Tidewater appoints Dick Fagerstal chairman; expects Solstad vessel acquisition close week of July 3
Dick H. Fagerstal appointed non-executive Chairman; board reduced from 9 to 8 members.
Tidewater prices $250M senior unsecured bonds at 10.375% to fund Solstad vessel buy
Completed $250M senior unsecured bond offering; maturity July 2028, 10.375% interest.
Tidewater reports Q1 2023 earnings; specific results not included in filing
Company issued earnings release for quarter ended March 31, 2023 on May 8, 2023.
Tidewater Chairman Larry T. Rigdon to retire; Dick Fagerstal named successor
Larry T. Rigdon will retire as Chairman and not stand for reelection at the June 26, 2023 annual meeting.
Tidewater acquires 37 PSVs from Solstad Offshore for $577M; updates 2023 guidance
Acquisition of 37 platform supply vessels for $577M cash; expected close Q2 2023.
Tidewater announces Q4 2022 earnings release; no financial details in filing
Issued press release for quarter ended December 31, 2022, furnished as Exhibit 99.1.
Tidewater prices 3.99M-share offering at $30.25; proceeds to buy back Banyan warrants
Public offering of 3,987,914 shares at $30.25/share for gross proceeds ~$120.6M.
Tidewater reports Q3 2022 earnings; specific results not available in filing text
Earnings release for quarter ended September 30, 2022 issued on November 3, 2022.
Tidewater presents at Barclays CEO Energy-Power Conference; no new financial disclosures
Participated in Barclays CEO Energy-Power Conference on September 6, 2022.
Tidewater prices public offering of 3.52M shares at $17.85; warrants repurchase from Banyan
Announced underwritten public offering of 3,520,000 shares at $17.85/share; gross proceeds ~$62.8M.
Tidewater updates risk factors on personnel, inflation, safety, analysts; adds PwC consents
Updated risk factor on difficulty attracting/retaining executives and vessel crews due to industry cyclicality.
Tidewater reports Q2 2022 earnings; press release details not in provided text
Company issued press release on August 4, 2022 covering results for quarter ended June 30, 2022.
Tidewater files SPO financials: 2021 revenue $207.5M, net profit $4.2M
SPO 2021 revenue $207.5M, gross profit $12.8M (2020: revenue $217.7M, gross loss $34.9M).
Tidewater amends SPO deal docs: requires consent for warrant indemnity, adds shelf takedowns
Second Amendment gives Tidewater consent right over Seller using Warrants to satisfy indemnification obligations.
Tidewater stockholders elect nine directors and approve executive compensation and auditor
At June 14 annual meeting, 33,326,043 of 41,726,759 outstanding shares were represented.
Tidewater issues Q1 2022 earnings release; no specific figures in 8-K text
Issued press release on May 9, 2022 for quarter ended March 31, 2022.
Tidewater completes acquisition of Swire Pacific Offshore for $42M cash and 8.1M warrants
Acquisition of SPO adds 50 vessels, creating the world's leading OSV operator.
Tidewater acquires Swire Pacific Offshore for $42M cash + 8.1M warrants
Purchase consideration: $42M cash (subject to customary closing adjustments) and 8,100,000 warrants to buy Tidewater common stock at $0.001 per share.
Tidewater to acquire Swire Pacific Offshore for ~$190M; reports Q4 net loss $37.9M
Q4 revenue $105.2M (+14.5% YoY); net loss $37.9M ($0.92 EPS); adjusted loss $11.7M ($0.28 EPS).
the Board plans to appoint Dick Fagerstal, who currently serves as the Lead Independent Director and Chair of the Audit Committee of the Board, as Chairman of the Board
On April 26, 2023, Larry T. Rigdon, Chairman of the Board of Directors (the “ Board ”) of Tidewater Inc. (the “ Company ”), notified the Company of his decision to retire from Board, and as such, not to stand for reelection
On January 4, 2022, the board of directors (the “Board”) of Tidewater Inc. (the “Company”) voted, on the recommendation of its Nominating and Corporate Governance Committee, to appoint Melissa Cougle to the Board.
Max materiality 0.85 · Median 0.50 · Most common event earnings