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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued

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To: Robert T. Quasius who wrote ()1/26/1998 9:48:00 AM
From: Grommit  Read Replies (1) of 547
 
TDW earnings are out! Great!

biz.yahoo.com

The financial results are wonderful, here's the significant words:

William C. O'Malley, chairman, president and chief executive officer, said, ''This is another exceptional financial performance by Tidewater. The marine energy-service industry continues to be a very good place to do business. As owner and operator of the world's largest fleet of vessels serving the offshore energy industry, Tidewater is positioned to make the most of this very favorable business environment.''

Continuing, O'Malley said, ''Our average day rates continued to improve during the quarter, and utilization continued at near-capacity status worldwide. Increases in rates are still being recorded in many areas of the world in which we operate.''
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