Tidewater Inc. (NYSE:TDW) is looking for acquisitions. During the company?s first quarter 2024 earnings conference call, Quintin Kneen, President and Chief Executive Officer said that ?We remain opportunistic on share repurchases, and we'll continue to weigh the merits of share repurchases against other capital allocation opportunities, both relative to our view of the intrinsic value of the shares and against other capital allocation opportunities that may present themselves. We continue to pursue acquisitions, but thus far, our share repurchases have been the most value-added use of capital.

Our focus for acquisitions remains on companies located in North and South America, but we remain opportunistic in all geographies?.