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Mon, Jul

Tidewater (TDW): Among the Energy Stocks that Gained This Week

Tidewater (TDW): Among the Energy Stocks that Gained This Week

Financial News
Tidewater (TDW): Among the Energy Stocks that Gained This Week

The share price of Tidewater Inc. (NYSE:TDW) surged by 9.13% between July 7 and July 11, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Tidewater (TDW): Among the Energy Stocks that Gained This Week
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.

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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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Original Source At Yahoo Finance

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Original Source At Yahoo Finance

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