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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 longrun86on Feb 09, 2024 12:06am
355 Views
Post# 35871659

Sitting Duck

Sitting DuckThe thought crossed my mind today that TWM is a sitting duck.

If the HDRD facility gets stabilized, TWM and LCFS quickly look like a takeout candidate.

It's certainly not why I bought shares as I am more of a buy and hold investor, but at the current price there could certainly be a bid come in that makes this all go away.

If I was Brookfield I would certainly be keeping an eye on this.

LR
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