TDW - Tidewater EVP Trades Company's Stock | Benzinga
David Darling, EVP at Tidewater (NYSE:TDW), disclosed an insider sell on May 10, according to a recent SEC filing.
What Happened: Darling's decision to sell 25,127 shares of Tidewater was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The total value of the sale is $2,739,069.
Monitoring the market, Tidewater's shares up by 0.2% at $107.18 during Friday's morning.
Get to Know Tidewater Better
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.
Financial Milestones: Tidewater's Journey
Revenue Growth: Over the 3 months period, Tidewater showcased positive performance, achieving a revenue growth rate of 66.32% as of 31 March, 2024. This reflects a substantial increase ...