12 Stocks with Heavy Insider Buying in 2025

4. Tidewater Inc. (NYSE:TDW)

Number of Hedge Fund Holders: 33

Tidewater Inc. (NYSE:TDW) is a leading provider of offshore support vessels and marine services to the global energy industry. The company operates a fleet of over 215 vessels, including anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. These vessels support various offshore activities such as transporting supplies and personnel, towing and anchor handling for mobile rigs, offshore construction, and seismic operations. TDW serves a diverse clientele, including oil and gas exploration, field development, and production companies, as well as windfarm development and maintenance operations, in regions like the Americas, Asia Pacific, EMEA.

Tidewater Inc. (NYSE:TDW) demonstrated significant financial improvements in 2024, with revenue growing 33% year-over-year, average day rates increasing by nearly $4,500 per day, and net income nearly doubling. The company generated $331 million in free cash flow during 2024 and reduced net debt by $149 million while also reducing share count by 1.7 million shares. Looking ahead to 2025, the company expects revenue between $1.32 billion to $1.38 billion with gross margins of 48% to 50%, though they anticipate a slower first half of the year with material uplift expected in the third and fourth quarters. While offshore drilling activity appears more muted throughout 2025 compared to 2024, management remains confident in the long-term fundamentals, particularly due to strong subsea demand and growing FPSO activity with 15 FPSOs expected to be installed during 2025.

Tidewater Inc. (NYSE:TDW) maintains a disciplined approach to capital allocation, actively pursuing share repurchases with a new $90.3 million authorization, while remaining opportunistic about potential fleet acquisitions and establishing a long-term capital structure. Management expressed confidence that vessel supply will be unable to keep pace with demand, noting that newbuild PSVs represent only about 3% of existing PSV supply, and natural vessel attrition is expected to offset additions to the global fleet. The positive sentiment from management is reinforced by heavy insider buying of the company stock in the last six months.