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WorkBoat Composite Index
| 题名： | WorkBoat Composite Index |
| 正文语种： | eng |
| 作者： | David Krapf |
| 摘要： | WorkBoat stocks took off in February, rising 364 points, or 13.68%. For the month, winners topped losers 25-2. Seventeen companies posted double-digit increases during the month. This included OSV operator Tidewater, which jumped over 31% in February. In March, the company reported that year-end and fourth quarter 2020 revenue beat expectations. For the year, Tidewater reported $397 million in revenue and $92 million in the fourth quarter. This topped guidance of $385 million and $81 million. Tidewater said the improvement was driven by higher-than-anticipated day rates and improved utilization. "This has been another solid quarter for Tidewater. It's hard to overstate the challenges we faced in 2020, but the worst of the pandemic-driven downturn seems to be behind us," Quintin Kneen, president and CEO, told analysts in the company's fourth-quarter earnings call in March. |
| 出版年： | 2021 |
| 期刊名称： | Work Boat |
| 卷： | 78 |
| 期： | 4 |
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