Overall impact
D (25)

Commentary

Tidewater is a below-average overall performer. With a 'D' rating of 24.7 for overall impact (bottom 10% of all companies), Tidewater ranks 39th out of 75 industry peers, behind Core Laboratories, Basic Energy Services, Natural Gas Services and 35 others, and ahead of FTS International, North American Construction, SAExploration and 33 others. On top material causes for Tidewater's industry (Oil & Gas), Tidewater performs poorly in Renewable Energy Growth (0.0 score), Improved Mental Health (36.1), Equal Pay and Opportunity (8.3) and 11 other causes where it received a 'D' or 'F' score. Tidewater did not receive an 'A' rating on any cause.
Impact
Cause TDW
Peer rank
Overall impact

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Company
Founded
1956
Employees
7,300
Sector
Energy
Industry
Energy Equipment & Services
Sub-industry
Oil & Gas Equipment & Services
SASB industry
Marine Transportation
Headquarters
Tx, United States
Share classes
TDW
Description
Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide. The company offers support in phases of offshore oil and gas exploration, field development and production, and windfarm development and maintenance. Services include towing, anchor handling, and mobile offshore drilling units; transporting supplies and personnel necessary to drilling, workover, and production activities; offshore construction and seismic and subsea support; geotechnical survey support for windfarm construction; and pipe and cable laying. It operates anchor handling towing supply vessels, platform supply vessels, and other vessel classes, as well as crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations that explore for, develop, and produce oil and gas; offshore drilling contractors; and other companies that provide various services to the offshore energy industry, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.
Material causes
Ethos considers the following causes material for Tidewater, based on its industry sub-industry Oil & Gas Equipment & Services. Learn more about material causes in our methodology overview.

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