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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 May 08, 2024 3:41pm
151 Views
Post# 36029625

RE:RE:Telegraphing intentions

RE:RE:Telegraphing intentionsYes, I don't think the company is yet in the place where shareholders would feel comfortable with them pursuing a large NCIB even at todays low price.

They must show that the business can perform and they must show that they have a plan that delivers value to shareholders. Until that takes place, the reverse split and all of this other stuff is just nonsense.

There is still a big mess to clean up here so they should tackle the mess before they go and do anything else too exotic. They should start by being more forthright with shareholders on what the h3ll has gone on with Management and the Board over the past several months.

LR
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