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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 longrun86on Jan 24, 2024 6:05pm
222 Views
Post# 35843979

RE:Altagas sale

RE:Altagas sale

I am going to add my own speculative view.

The reason why I believe this change was made could be due to a divergence in what the long term vision should be for Tidewater.

Another possibility is that a larger group like Brookfield approached the executives to form the acquisition team for TWM and LCFS.

Regardless of what the actual reason why this has transpired, this was extremely poorly handled. 


Rather than celebrating the completed transaction and the potential opportunities for TWM, we are all sitting here shaking our heads!

LR

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