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Tidewater Midstream and Infrastructure Ltd T.TWM.DB.A


Primary Symbol: T.TWM Alternate Symbol(s):  TWMIF

Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various renewable initiatives. It also markets crude, refined products, natural gas, NGLs and renewable products and services to customers across North America. Its key midstream assets include the Brazeau River Complex and Fractionation Facility (BRC), a full-service natural gas and NGL processing facility with natural gas storage pools, and the Ram River Gas Plant, a sour natural gas processing facility with sulfur handling solutions and rail connections. Its key downstream asset is the Prince George Refinery (PGR), the sole light oil refinery within the interior British Columbia market.


TSX:TWM - Post by User

Comment by Mephistopheles3on Dec 27, 2023 11:45am
160 Views
Post# 35801226

RE:RE:Price holding up well this morning - good sign

RE:RE:Price holding up well this morning - good sign

The fundamentals haven't changed at all, however typically regardless of the reason, any company that cuts their dividend gets hit on the share price following the announcement.  Small caps are even more volatile. 
 

One example in 2022 was Syologist - ticker SYZ.TO which suspended their dividend in November 2022 in order to fund growth as revenues were really coming along and the dividend was holding them back.  Instant 25% decrease following the announcement which rebounded 100% within 2 weeks.  The stock is now trading up 40% or so in the last year.


  

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