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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 Mephistopheles3on May 19, 2023 11:52am
490 Views
Post# 35456600

RE:RE:Teal Linde - BNN -DON'T BUY

RE:RE:Teal Linde - BNN -DON'T BUYI would agree - have to take everything these portfolio managers say with a grain of salt. Some of them cover 100+ stocks and don't actually read the reports or news releases or listen to the conference calls. 

The cost overruns were largely priced in already when the 2022 statements were issued. TWM is trading at a basement low price - but they need a catalyst to get it going.  There are a lot of potential things here, including getting the new facility going, but also an asset sale would do the trick as well.

They were dancing around what level of progress they're in with the asset sales on the conference call, but I got a feeling that we are looking within 3-6 months or so of having some completed.  As always, patience is everything until we get some more news.
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