| Business Summary | | Tidewater,
Inc.
provides
services
and
equipment
to
the
offshore
energy
industry
through
the
operation
of
the
world's
largest
fleet
of
offshore
marine
service
vessels.
The
Company
is
one
of
the
world's
largest
provider
of
offshore
supply
vessels
and
marine
support
services
serving
the
energy
industry.
With
a
fleet
of
over
570
vessels,
the
Company
operates
in
most
of
the
world's
significant
oil
and
gas
exploration
and
production
markets
and
provides
services
supporting
all
phases
of
offshore
exploration,
development
and
production,
including:
towing
of
and
anchor-handling
of
mobile
drilling
rigs
and
equipment;
transporting
supplies
and
personnel
necessary
to
sustain
drilling,
workover
and
production
activities;
assisting
in
offshore
construction
activities;
and
a
variety
of
specialized
services
including
pipe
laying,
cable
laying
and
3-D
seismic
work.
The
company's
fleet
is
deployed
in
the
major
offshore
oil
and
gas
areas
of
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tidewater,
Inc.
provides
services
and
equipment
to
the
offshore
energy
industry
through
the
operation
of
the
world's
largest
fleet
of
offshore
service
vessels.
For
the
three
months
ended
6/30/01,
revenues
rose
39%
to
$190.6
million.
Net
income
rose
totaled
$39.0
million,
up
from
$8.2
million.
Revenues
reflect
higher
utilization
and
average
day
rates
due
to
strong
demand
of
the
Company's
vessels.
Earnings
also
reflect
lower
repair
and
maintenance
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| William O'Malley, 64 Chairman,
Pres, CEO | $1.7M | -- | Cliffe Laborde, 49 Exec.
VP, Gen. Counsel | 486K | -- | Larry Rigdon, 53 Exec.
VP | 458K | $216K | Dean Taylor, 52 Exec.
VP | 451K | 128K | J. Keith Lousteau, 53 Sr.
VP, CFO, Treasurer | 392K | 272K | Dollar
amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|