Thursday, May 24, 2012

Investopedia: Improving Offshore Activity Bodes Well For Tidewater

The offshore energy market is tough enough in normal times, or whatever passes for normal. Making matters even more challenging for Tidewater (NYSE:TDW) have been the uncertain fate of the company's Sonatide JV, the need to refresh the fleet, and the fractured state of the market in which many small players will cut prices to gain business. While the service and supply side of offshore energy will probably always lag drilling, in terms of investor interest, Tidewater could nevertheless be worth further investigation as offshore activity picks up.

Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/Improving-Offshore-Activity-Bodes-Well-For-Tidewater-TDW-OII-CKH-RIG0524.aspx

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