TDW's Q3 net income increased from $89.4 million ($1.66 per share) 1 year ago to $117 million ($2.28 per share), besting analyst estimates.
Tidewater has expressed interest in acquiring Surerior Offshore assets, which was unable to meet it filing deadline for December 31 2007 due to financial issues.
Crude oil futures dropped below $100 a barrel along with a decrease in home prices and consumer confidence.