Tidewater lifts 2026 revenue view to $1.48B, keeps $500M buyback as offshore market tightens
Tidewater raised 2026 revenue guidance to $1.43–$1.48 billion and kept $500 million under its share repurchase authorization. Fourth-quarter net income jumped to $219.9 million, boosted by a $201.5 million non-cash tax benefit. Shares rose about 10% in early trading. The new outlook includes the pending Wilson Sons Ultratug fleet deal.