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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 Ogopogo26on Feb 09, 2024 6:20pm
230 Views
Post# 35873273

RE:Sitting Duck

RE:Sitting DuckI honestly doubt that. This is way too small for Brookfield or Enbridge to be interested in, has failed to show an ability to produce positive free cash flow and just sold its prime asset. The only asset of real interest is HDRD, but it has operational issues right now and I wouldn't be surprised to see guidance cut significantly; at least that's what the share price is telling us.

March 14 will get more insight hopefully, until then, without any news, not likely to go anywhere. New CEO has to find his footing first.
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