TIDEWATER INC. (TDW) Files An 8-K Regulation FD Disclosure
Item 7.01.Regulation FD Disclosure.
In accordance with the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, the Company notes that
certain statements set forth in this Current Report on Form 8-K
provide other than historical information and are forward
looking. The actual achievement of any forecasted results, or the
unfolding of future economic or business developments in a way
anticipated or projected by the Company, involve numerous risks
and uncertainties that may cause the Companys actual performance
to be materially different from that stated or implied in the
forward-looking statement. Among those risks and uncertainties,
many of which are beyond the control of the Company, include,
without limitation, volatility in worldwide energy demand and oil
and gas prices, and continuing depressed levels of oil and gas
prices; without a clear indication of if, or when, prices will
recover to a level to support renewed offshore exploration
activities; consolidation of our customer base: fleet additions
by competitors and industry overcapacity; our views with respect
to the need for and timing of the replenishment of our asset
base, including through acquisitions or vessel construction;
changes in capital spending by customers in the energy industry
for offshore exploration, field development and production; loss
of a major customer: changing customer demands for vessel
specifications, which may make some of our older vessels
technologically obsolete for certain customer projects or in
certain markets; delays and other problems associated with vessel
construction and maintenance; uncertainty of global financial
market conditions and difficulty in accessing credit or capital;
potential difficulty in meeting financial covenants in material
debt or other obligations of the company or in obtaining covenant
relief from lenders or other contract parties; acts of terrorism
and piracy; integration of acquired businesses and entry into new
lines of business; disagreements with our joint venture partners;
significant weather conditions; unsettled political conditions,
war, civil unrest and governmental actions, such as expropriation
or enforcement of customs or other laws that are not well
developed or consistently enforced, or requirements that services
provided locally be paid in local currency, in each case
especially in higher political risk countries where we operate;
foreign currency fluctuations; labor changes proposed by
international conventions; increased regulatory burdens and
oversight; changes in laws governing the taxation of foreign
source income; retention of skilled workers; enforcement of laws
related to the environment, labor and foreign corrupt practices;
and the resolution of pending legal proceedings. Readers should
consider all of these risk factors as well as other information
contained in this report.
The following information is being provided under Item 7.01
Regulation FD Disclosure in this Current Report on Form 8-K: a
transcript from the Companys November 8, 2016 analyst conference
call discussing its financial results for the quarter ended
September 30, 2016.
The transcript is filed as Exhibit 99.1 to this Current Report
and is incorporated herein by reference as if fully set forth.
The information contained in the transcript, which was prepared
by Thomson Reuters, is a textual representation of the Companys
conference call.There may be material errors, omissions or
inaccuracies in the reporting of the contents of the conference
call.The Company assumes no responsibility to correct or update
the third-party transcript.Users are advised to review the
Companys conference call itself (which is accessible via the
Companys website) and the Companys SEC filings before making any
investment or other decisions.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
The following exhibits are furnished with this Form 8-K:
99.1 |
Transcript from the November 8, 2016 analyst conference |
About TIDEWATER INC. (TDW)