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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 templetooth2on Jul 27, 2022 9:02pm
358 Views
Post# 34855639

Very disappointing

Very disappointing
If everything is going so swimmingly well, why wouldn't you at least wait for Q2 results to be released in another 2 weeks???

It's bad enough to issue new equity at $1.20.  But to then add insult, they throw in half a warrant. I would hate to see the details of a re-financing if the company were in some kind of financial distress.

Worst deal I've seen in a while.
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