TDW vs. CVX
TDW (Tidewater Inc.) and CVX (Chevron Corporation) are both stocks. Both are in the Energy sector — TDW in Oil & Gas Equipment & Services, CVX in Oil & Gas Integrated. Over the past 10 years, TDW returned -4.85%/yr vs 11.68%/yr for CVX. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
TDW vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, TDW achieves a 48.60% return, which is significantly higher than CVX's 31.60% return. Over the past 10 years, TDW has underperformed CVX with an annualized return of -4.85%, while CVX has yielded a comparatively higher 11.68% annualized return.
TDW
- 1D
- 2.15%
- 1M
- 11.98%
- 6M
- 20.12%
- YTD
- 48.60%
- 1Y
- 50.09%
- 3Y*
- 6.38%
- 5Y*
- 45.99%
- 10Y*
- -4.85%
- ALL TIME*
- -0.63%
CVX
- 1D
- 2.35%
- 1M
- 18.79%
- 6M
- 13.38%
- YTD
- 31.60%
- 1Y
- 35.24%
- 3Y*
- 11.23%
- 5Y*
- 18.87%
- 10Y*
- 11.68%
- ALL TIME*
- 10.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.44B | $1.41B | $1.67B | |
| $41.43M | $47.11M | $55.89M |
TDW vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDW Tidewater Inc. | 48.60% | -7.68% | -24.13% | 95.69% | 244.07% | 23.96% | -55.14% | 0.78% | -21.60% | -77.81% |
CVX Chevron Corporation | 31.60% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between TDW and CVX is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.51 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.55 |
The correlation between TDW and CVX shifts across timeframes, from 0.44 (1 year) to 0.55 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TDW:
$3.73B
CVX:
$392.09B
TDW:
$6.02
CVX:
$10.42
TDW:
12.47
CVX:
18.89
TDW:
0.52
CVX:
1.84
TDW:
2.76
CVX:
1.86
TDW:
2.72
CVX:
2.05
TDW:
$1.35B
CVX:
$208.71B
TDW:
$314.74M
CVX:
$64.69B
TDW:
$489.31M
CVX:
$55.77B
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Return for Risk
TDW vs. CVX — Risk / Return Rank
TDW
CVX
TDW vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tidewater Inc. (TDW) and Chevron Corporation (CVX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TDW | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.27 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.70 | +0.03 |
| Martin ratioReturn relative to average drawdown | 3.60 | 4.61 | -1.01 |
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Drawdowns
TDW vs. CVX - Drawdown Comparison
The maximum TDW drawdown since its inception was -99.80%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for TDW and CVX.
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Drawdown Indicators
| TDW | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.80% | -55.77% | -44.03% |
Max Drawdown (1Y)Largest decline over 1 year | -29.10% | -20.81% | -8.29% |
Max Drawdown (3Y)Largest decline over 3 years | -70.35% | -20.81% | -49.54% |
Max Drawdown (5Y)Largest decline over 5 years | -70.35% | -24.95% | -45.40% |
Max Drawdown (10Y)Largest decline over 10 years | -97.27% | -55.77% | -41.50% |
Current DrawdownCurrent decline from peak | -96.37% | -5.93% | -90.44% |
Average DrawdownAverage peak-to-trough decline | -49.15% | -11.40% | -37.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.96% | 7.66% | +6.30% |
Volatility
TDW vs. CVX - Volatility Comparison
Tidewater Inc. (TDW) has a higher volatility of 11.22% compared to Chevron Corporation (CVX) at 6.84%. This indicates that TDW's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDW | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.22% | 6.84% | +4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 30.87% | 18.21% | +12.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.11% | 22.82% | +31.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.29% | 25.15% | +28.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.15% | 29.24% | +36.91% |
Dividends
TDW vs. CVX - Dividend Comparison
TDW has not paid dividends to shareholders, while CVX's dividend yield for the trailing twelve months is around 3.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.55% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
TDW Tidewater Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.04% | 0.00% | 14.37% |
Financials
TDW vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Tidewater Inc. and Chevron Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TDW vs. CVX - Profitability Comparison
TDW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Tidewater Inc. reported a gross profit of 0.00 and revenue of 326.22M. Therefore, the gross margin over that period was 0.0%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a gross profit of 30.59B and revenue of 67.20B. Therefore, the gross margin over that period was 45.5%.
TDW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Tidewater Inc. reported an operating income of 58.98M and revenue of 326.22M, resulting in an operating margin of 18.1%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported an operating income of 21.48B and revenue of 67.20B, resulting in an operating margin of 32.0%.
TDW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Tidewater Inc. reported a net income of 6.14M and revenue of 326.22M, resulting in a net margin of 1.9%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a net income of 12.07B and revenue of 67.20B, resulting in a net margin of 18.0%.
Frequently Asked Questions
TDW and CVX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDW has higher volatility (11.22%) compared to CVX (6.84%). In terms of maximum drawdown, TDW dropped -99.80% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (1.55 vs 0.93), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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