TDW - Quintin Kneen Takes Money Off The Table Sells $16.35M In Tidewater Stock | Benzinga
Making a noteworthy insider sell on May 10, Quintin Kneen, Director at Tidewater (NYSE:TDW), is reported in the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Friday outlined that Kneen executed a sale of 150,000 shares of Tidewater with a total value of $16,351,350.
As of Friday morning, Tidewater shares are up by 0.2%, currently priced at $107.18.
Discovering Tidewater: A Closer Look
Tidewater Inc provides offshore service vessels and marine support services to the offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations, and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
A Deep Dive into Tidewater's Financials
Revenue Growth: Tidewater's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the ...