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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 fauxtomatoon Mar 30, 2021 1:15pm
221 Views
Post# 32906689

RE:ex dividend today

RE:ex dividend todayCracks at PGR appear to be holding north of $60/bbl on gasoline/diesel. I see MSW at  US$60 or C$75 and a barrel 50/50 of reg/USLD at ~ C$137 for C$62. The narrow differential and relatively high WTI prices should help the hedgebook in Q1, too.

DCF generation in Q1 will likely be in line with Q4, cracks and volumes appear to be consistent quarter over quarter. With deadlines coming up for Pioneer and the PGR renewable expansion, maybe we finally start getting news out of TWM this spring and summer.
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