# Tidewater Shares Drop 7.8% in Oil Sector Selloff

> Tidewater Inc. shares fell 7.8% amid sector-wide selling in oil and gas equipment services.
- Title: Tidewater Shares Drop 7.8% in Oil Sector Selloff | Shortify
- Summary: Tidewater Inc. shares fell 7.8% amid sector-wide selling in oil and gas equipment services. Tidewater Inc. shares dropped 7.8% to $80.49 after oil and gas…
- Keywords: tidewater inc, oil and gas equipment services, sector selloff, shares, price, change, Tidewater, Drop, Oil, Sector, Selloff, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/tidewater-drops-7-8-amid-sector-wide-selling
- Author: AlphaStreet Newsdesk
- Published: 2026-11-02T20:31:51+00:00
- Read time: 1 min
- Topics: tidewater inc, oil and gas equipment services, sector selloff, shares, price, change
## Tidewater Shares Drop
Tidewater Inc. shares sank 7.8% to $80.49 on Monday as a broad selloff swept through the oil and gas equipment and services sector.
## Sector-Wide Decline
At least eight sector peers closed in the red, including Solaris Energy Infrastructure down 7.4% and Oceaneering International down 5.5%.
## No Company-Specific Catalyst
Tidewater did not release earnings or face analyst downgrades, with the decline driven by broader sector headwinds.
## Key takeaway

Tidewater Inc. shares dropped 7.8% to $80.49 after oil and gas equipment services sector sold off.