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Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  T.TWM.DB.A | TWMIF

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 Tyee1989on Dec 22, 2023 7:12pm
120 Views
Post# 35798690

RE:RE:RE:Where is our December Quarterly Dividend?

RE:RE:RE:Where is our December Quarterly Dividend?It's not that TWM cannot afford to the pay the dividend. The shares are Less than half of what they should be at so management is going to take advantage of that by buying back shares at an extremely discounted price which will eventually get shareholders way over a ten percent return instead a four percent yield. TWM will now carry close to zero debt. The LCFS shares they own are worth about $600 mill and the rest of their assets are probably in the $800 mill range meaning it should get to over $3 if they continue to look to sell
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