Steven Newman - Tidewater Independent Director

TDW Stock  USD 94.07  4.81  5.39%   

Director

Mr. Steven Leon Newman serves as an Independent Director of the company. He served as the Chief Executive Officer at Transocean Ltd. from March 2010 to February 2015 and as President from May 2008 to February 2015. He served as the Chief Operating Officer of Transocean Ltd. from May 2008 to November 2009 and held various other positions with Transocean beginning in 1994. Prior to working with Transocean, he served as a Financial Analyst at Chevron from 1992 to 1994, and was a Reservoir Engineer with Mobil EP, US from 1989 to 1990. Mr. Newman currently serves as a director of DrilQuip, Inc. and of SNCLavalin Group Inc. He previously served as a director of Transocean Ltd. and of Bumi Armada Berhad since 2017.
Age 53
Tenure 7 years
Professional MarksMBA
Address 842 West Sam Houston Parkway North, Houston, TX, United States, 77024
Phone713 470 5300
Webhttps://www.tdw.com
Newman received a B.S. in Petroleum Engineering from the Colorado School of Mines and an MBA from the Harvard University Graduate School of Business.

Tidewater Management Efficiency

The company has Return on Asset of 0.0655 % which means that on every $100 spent on assets, it made $0.0655 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1005 %, implying that it generated $0.1005 on every 100 dollars invested. Tidewater's management efficiency ratios could be used to measure how well Tidewater manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.05 in 2024. Return On Capital Employed is likely to climb to 0.11 in 2024. At this time, Tidewater's Return On Assets are fairly stable compared to the past year.
The company has 741.53 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. Tidewater has a current ratio of 1.84, which is typical for the industry and considered as normal. Debt can assist Tidewater until it has trouble settling it off, either with new capital or with free cash flow. So, Tidewater's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tidewater sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tidewater to invest in growth at high rates of return. When we think about Tidewater's use of debt, we should always consider it together with cash and equity.

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Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas. Tidewater operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 4400 people. Tidewater (TDW) is traded on New York Stock Exchange in USA. It is located in 842 West Sam Houston Parkway North, Houston, TX, United States, 77024 and employs 7,300 people. Tidewater is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Tidewater Leadership Team

Elected by the shareholders, the Tidewater's board of directors comprises two types of representatives: Tidewater inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tidewater. The board's role is to monitor Tidewater's management team and ensure that shareholders' interests are well served. Tidewater's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tidewater's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Moulin, Independent Director
Larry Rigdon, Independent Chairman of the Board
Kenneth Traub, Independent Director
Mark Parker, Vice President - Corporate Taxation
Steven Newman, Independent Director
Richard Pattarozzi, Independent Chairman of the Board
Dick Fagerstal, Independent Director
Joseph Bennett, Chief Investor Relations Officer and Executive VP
Darren Vorst, VP Treasurer
Alan Carr, Independent Director
Daniel Hudson, Executive Vice President, General Counsel, Company Secretary
Sam Houston, IR Contact Officer
Randee Day, Independent Director
Darron Anderson, Independent Director
James Day, Independent Director
Jason Stanley, Director, IR Contact Officer
John Rynd, President CEO, Director
Jeffrey Gorski, Chief Operating Officer, Executive Vice President
Richard Paterson, Director
Quinn Fanning, CFO and Executive VP
Wayne Leonard, Independent Director
Quintin Kneen, President, Chief Executive Officer, Chief Financial Officer, Director
Cynthia Taylor, Independent Director
Melissa Cougle, Independent Director
Morris Foster, Independent Director
Lois Zabrocky, Independent Director
Piers Middleton, Vice Marketing
Robert Potter, Director
Thomas Bates, Chairman of the Board
David Darling, Chief Operating Officer, Executive Vice President
Robert Robotti, Independent Director
Robert Tamburrino, Director
West Gotcher, Vice Relations
Louis Raspino, Independent Director
Samuel Rubio, Chief Accounting Officer, Vice President Controller
Lee Johnson, Executive Officer
Bruce Lundstrom, Chief Compliance Officer, Executive VP, General Counsel and Secretary
Jay Allison, Independent Director
Jack Thompson, Independent Director
Jeffrey Platt, CEO and President and Director

Tidewater Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tidewater a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Tidewater Investors Sentiment

The influence of Tidewater's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tidewater. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tidewater's public news can be used to forecast risks associated with an investment in Tidewater. The trend in average sentiment can be used to explain how an investor holding Tidewater can time the market purely based on public headlines and social activities around Tidewater. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tidewater's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tidewater's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tidewater's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tidewater.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tidewater in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tidewater's short interest history, or implied volatility extrapolated from Tidewater options trading.

Currently Active Assets on Macroaxis

When determining whether Tidewater is a strong investment it is important to analyze Tidewater's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tidewater's future performance. For an informed investment choice regarding Tidewater Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.
Note that the Tidewater information on this page should be used as a complementary analysis to other Tidewater's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Tidewater Stock analysis

When running Tidewater's price analysis, check to measure Tidewater's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tidewater is operating at the current time. Most of Tidewater's value examination focuses on studying past and present price action to predict the probability of Tidewater's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tidewater's price. Additionally, you may evaluate how the addition of Tidewater to your portfolios can decrease your overall portfolio volatility.
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Is Tidewater's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tidewater. If investors know Tidewater will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tidewater listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.401
Earnings Share
1.84
Revenue Per Share
19.577
Quarterly Revenue Growth
0.621
Return On Assets
0.0655
The market value of Tidewater is measured differently than its book value, which is the value of Tidewater that is recorded on the company's balance sheet. Investors also form their own opinion of Tidewater's value that differs from its market value or its book value, called intrinsic value, which is Tidewater's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tidewater's market value can be influenced by many factors that don't directly affect Tidewater's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tidewater's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidewater is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidewater's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.