AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
Tidewater's management on the offshore inflection $TDW
Yet Another Value Podcast
Q3 Earnings Power
When utilization for industry goes from 50 to 60, you're not really going to see rates stick up. But as things get tighter and tighter, the rates start really creeping up. As we've talked about, rates have been going up a lot. Utilization has been going up. So I don't want to focus on like in the last 12 months. Number, I think a lot of some people do that. And you'll see a higher valuation. If I just annualized Q3, you'd be trading about 8 and 1 half times EBITDA,. About $50 million, E BITDA, also $200 million annualized. These actually free cash real nicely. We
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode