3min chapter

Yet Another Value Podcast cover image

Tidewater's management on the offshore inflection $TDW

Yet Another Value Podcast

CHAPTER

Offshore Oil

We have not seen any pullback whatsoever. In fact, you know we still see people picking up the drill bit and leaning into the cycle. There's still going to be a significant amount of offshore fossil activity work that has to happen I want to make sure it goes to tight water buses. And so if that were to go away, we would have to normalize the fleet again. We'd have to shrink a little bit by cutting out the lower spec vessels in our fleet. That's just what we do in our industry in order to match our, our fleet with the demands of the market.

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