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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 Aug 31, 2023 12:11pm
307 Views
Post# 35613984

Seems obvious to me...

Seems obvious to me......that when this deal closes, the next step will be to re-absorb LCFS into the new Tidewater. 

LCFS was taken public a few years ago at $15 per share, and for the life of me, I can't see the minority shareholders accepting anything less than that. I won't.

I have to admit, I'm a little surprised at the muted market reaction to this deal. Maybe a few more gas assets have to be dealt out, I don't know. With AIMCO backstopping this company, you would think that as the asset deck is re-shuffled, some dollars ought to stick to our hands as we pick up the new cards.
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