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Tidewater Inc. (TDW) provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. 
It provides services in support of offshore oil and natural gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying.
The company operates and charters deepwater vessels, including platform supply and horsepower anchor handling tug supply vessels for use in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats, utility vessels, and offshore tugs to transport personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations.
It also operates offshore tugs for use in tow floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe and cable laying, and construction barges.
On November 3rd, TD reported Quarter September 2022 earnings of $0.21 per share on revenue of $191.8 million. Revenue grew 107.5% on a year-over-year basis. The company reports on February 2nd.
Shares are in the process of breaking out of a bullish "cup and handle". Higher share prices are expected.
Entry Point: $39.00
Stop Loss: $37.00
Trading Range: $12.14 - $39.53
Target Price: $42.90
