Tidewater Reports 3Q Results

Friday, February 01, 2008
Tidewater Inc. announced third quarter net earnings for the period ended December 31, 2007, of $89.4 million, or $1.66 per common share, on revenues of $314.2 million. For the same quarter last year, net earnings were $93.4 million, or $1.67 per common share, on revenues of $287.9 million. The immediately preceding quarter ended September 30, 2007, had net earnings of $86.5 million, or $1.56 per common share, on revenues of $319.0 million.

Included in net earnings for the quarter ended December 31, 2006, was a gain of $6.0 million ($3.7 million after tax, or $0.07 per common share) related to the sale of three of the Company's offshore tug vessels for a total sales price of $8.9 million.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Brazil Presidential Candidate Silva Moots Price on Carbon

Brazilian presidential candidate Marina Silva plans to put a price on greenhouse gas emissions and implement a national carbon market if elected, according to policy proposals released on Friday.

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Athabasca Completes Dover Stake Sale to PetroChina

Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PertroChina Co Ltd for $1.18 billion.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1091 sec (9 req/sec)