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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

Post by eljoroon Oct 26, 2016 10:31pm
115 Views
Post# 25390792

Market Call Top Pick

Market Call Top PickBruce Campbell made this a top pick tonight. Probably accounts for last Friday's end of day runup. Someone at BNN likely is trading on the info, as Top Picks are submitted several days before.

Anyways, here's what he had to say:

This is in the natural gas distribution business. They have some pipelines and gas plants, and do some shipping. Trades at about half the multiple of their peers. They are in a growth mode right now. The CEO had a company that he built up and sold for a nice premium, so he knows how to operate and manage a similar type of business. Dividend yield of 2.56%.
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