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Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  T.TWM.DB | T.TWM.W | TWMIF

Tidewater Midstream and Infrastructure Ltd. is a diversified energy infrastructure company that is focused on natural gas processing, fractionation, liquids upgrading, storage and transportation, and marketing. The Company’s operations include downstream facilities, natural gas processing facilities, natural gas liquids infrastructure, pipelines, storage, and various renewable initiatives. Its 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 sulphur handling solutions and rail connections. The Company also markets crude, refined products, natural gas, natural gas liquids and renewable products and services to customers across North America.


TSX:TWM - Post by User

Comment by AlwaysLong683on Mar 14, 2023 12:03am
370 Views
Post# 35336659

RE:RE:New CEO first comments...

RE:RE:New CEO first comments...Robert Colcleugh is a Director at both TWM who was appointed as interim CEO which means TWM did not have a new successor groomed and ready to take the reigns, so I assume an executive search will be conducted to find a new CEO , or perhaps the interim tag will be removed from Colcleugh's job title if the BOD feels he is doing a good job (provided he wants to continue as CEO at that time). Bad time to be selling assets in my opinion. TRP and AQN are also planning asset sales and/or partnerships and likely  have already started the process, and they are much bigger entities than TWM, (for example, TRP states it may sell up to $5B in assets), so I'm wondering what kind of price other entities will offer for TWM's assets available for sale....?

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