2min chapter

Yet Another Value Podcast cover image

Tidewater's management on the offshore inflection $TDW

Yet Another Value Podcast

CHAPTER

What Are You Seeing for Leading Edge Rates Right Now?

The fleet is in really good shape. This is a 11 year old fleet right now. So you've got 10 plus years, still you have to start worrying about the average boat kind of retiring. And obviously there'll be replacement costs in there, but in the near term and medium term, the cash flow is gonna be incredible. We said 666 million, and EBITDA, we've gone through free cash flow and everything. I wanna talk day rates right now, what you guys are seeing in the market,. At the Pareto Conference, you said, 18 and a half thousand day rate was the EBITDA number.

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