Tidewater (TDW): Among the Energy Stocks that Gained This Week
A fleet of offshore supply vessels and tugs carrying materials to an oilrig in the distance.
Tidewater Inc. (NYSE:TDW), together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide.
Tidewater Inc. (NYSE:TDW) garnered increased investor attention this week after the company announced the closing of a $650 million offering of 9.125% senior unsecured notes due 2030, using the proceeds to repay existing debt and fund the redemption of outstanding bonds. Moreover, the company reported that it had entered into a new $250 million revolving credit facility, further bolstering its financial flexibility and positioning in the offshore support vessel industry.
While we acknowledge the potential of TDW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the .
READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into.
Disclosure: None.
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