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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 TVRon Mar 15, 2024 2:16pm
383 Views
Post# 35935388

No NCIB Share Repurchases Imminent

No NCIB Share Repurchases ImminentJust listened to the Q4 conference call.  Not very illuminating.  They did say they will not be doing any NCIB repurchases until after the convertible debenture refinancing is completed (which could be any time between now and September).  This sounded like it was the top item on their agenda for the next little while, along with getting the RD facility running smoothly at capacity.  Did say they could re-evaluate the BRC/deep basin writedown if things change but did not really sound like a very likely eventuality.

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