Tidewater, Inc. (NYSE:TDW)

CAPS Rating: 4 out of 5

The Company provides offshore supply vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels.

Recs

0
Player Avatar unlearned (< 20) Submitted: 11/17/2009 9:57:25 PM : Outperform Start Price: $43.59 TDW Score: -13.70

Book value 45.8; So I am aiming to get in at 45.7. It is offering a 2.2% yield which is respectable. They will have no issue to pay out to the shareholders. Many people fear that when we move into alternative fuels we will not need these shipping companies, but judging by the expenditures made by Exxon, BP and the list rolls on. These shipping companies may still have life yet. We will still have another solid five years of needing oil, due to vehicle design, we need the fuel sorce to design a vehicle to run that fuel source and typically it is between 5-7 years to develop a vehicle. Fuel is still needed and this company is undervalued.

Featured Broker Partners


Advertisement