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Tidewater Midstream and Infrastructure Ltd T.TWM

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

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 77plwswd77on Sep 29, 2016 4:25pm
103 Views
Post# 25292353

RE:Current SP

RE:Current SPI think part of the reason is there was very low volume today, which made the price range slightly more elastic.

Also its now trading ex dividend. Yes its only a cent, but if you go back and look at history when this stock trades ex div it tends to take a steeper dive for next week or so then it picks up again... 

Also, overall macro market sentiment today was a downer with DB... not saying it played a significant role in todays decline, but in general when uncertainty lingers; people get scared and convert to cash....

Overall though, I think this stock has good upside. Especially if next quarter results come in strong
Bullboard Posts