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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 goodbuddyon Mar 14, 2024 2:52pm
202 Views
Post# 35933302

RE:We owe an apology to Good Buddy

RE:We owe an apology to Good Buddy My 48% declione from $1.03 will place this stock at $0.54. I believe TWM will trade there in time. Although, I never expected the stock to trade here this quickly and one reason for the rapid decline was the management shake up that I never expected or included in my price target. I would be very cautious going forward, renewables is wanting to increase production to 6500 bbl/day, that will translate into $200-$300 million in capex to build plus credits from BC government.
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