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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 poopoopooon Mar 10, 2021 2:20pm
200 Views
Post# 32764318

Stock poised to move....

Stock poised to move....Tidewater is a midstream company that also owns a refinerey in Northern BC. They are posied to do very well once the Pipeline to Kitimat gets completed in about 2 yrs as their assets will get much busier as volumes go up. Stock should be in $2 to $3 range today but management got way too aggressive with growth and forgot to take care of shareholders first. An institution now has a large stake with people on the board and making sure they now take care of shareholders. Company is on a path of using the increasing cash flow to reduce debt and likley raise the dividend. Once balance sheet gets fixed up a bit and investors get more confident with the cash flow the stock should only go higher. If you can wait 2 yrs I see this at $5 as their assets go up in value once the pipeline gets completed. 

Financials come out tomorrow and don't expect anything amazing but I do see the stock has the potential to break out and make a decent move up. Yes, I am long and yes I am buying more...
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