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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 FernandoPessoaon May 08, 2024 8:27pm
150 Views
Post# 36030094

RE:RE:Telegraphing intentions

RE:RE:Telegraphing intentionsI don't think they'll be able to attract institutional shareholder interest with their equity trading as a penny stock. Institutional investors tend to like these long life infrastructure assests, but I think Tidewater has been hampered by a few strategic missteps. Selling shares in the renewable subsidiary simply hasn't worked: the stock is so illiquid it's difficult to see any serious instutional investor, say, a pension fund or wealth manager recommending the stock for their clients, even though it's believed to have significant upside potential, as does the parent company. But getting back to your original question on buybacks: I believe by most metrics for midstream companies, the stock is simply very undervalued. 
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