Tidewater's management on the offshore inflection $TDW
Yet Another Value Podcast
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The Cash Flow Is Getting Closer to $30,000 a Day
I'm just looking at Q3, total utilization, 78%, active utilization, 84%. And that's going up from everything I've seen in the industry. So obviously, you're already starting to get to that utilization. Shortly, as we talked about in the last call, we should expect that total and active utilization to converge. It's just going to take a couple of years in order to get everything normalized. Unfortunately, it just takes that time.
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