Tidewater (Tidewater) Momentum Rank : 3 (As of Apr. 27, 2024)

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What is Tidewater Momentum Rank?

Tidewater has the Momentum Rank of 3.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Tidewater's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, Tidewater's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tidewater's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tidewater's Momentum Rank falls into.

Tidewater Momentum Rank Related Terms

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Tidewater (Tidewater) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (NYSE:TDW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TD9:Germany TD9:Germany

Address

842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024

Website

https://www.tdw.com

Tidewater Inc provides offshore service vessels and marine support services to the global 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.

Executives

Robert Robotti	director	125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
David E Darling	officer: EVP, COO & Chief HR Officer	6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio	officer: EVP, CFO & CAO	10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Louis Raspino	director	1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Lois K Zabrocky	director	666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle	director	777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Darron M. Anderson	director	10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Quintin Kneen	director, officer: Director, President & CEO	400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Daniel A. Hudson	officer: EVP & General Counsel	6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Kenneth H Traub	director
Larry T Rigdon	director	914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino	director	C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd	director, officer: President and CEO	11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day	director	217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal	director	C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022