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Tidewater's management on the offshore inflection $TDW

Yet Another Value Podcast

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Tidewater - What's Your Average Utilization?

I just want to dive into, obviously, the day rate. I think people can get used to that. But there is one other part which we don't have to spend too much time. The practical utilization that we could probably achieve for our fleets are on 92, maybe 93%. OK, so not quite fully utilized, a full effective utilization, but in close, right? So we said, let's put it there, because we're showing this market upload scenario.

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