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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 Mephistopheles3on Aug 15, 2024 9:09am
290 Views
Post# 36180228

RE:Results

RE:ResultsLCFS was running at close to a 52 week high before this announcement. You're right in that it's tough to rely on government tax credits as a massive source of your funding & profits and these BC credits look like they were ripe for manipulation by the US players flooding the market.  

TWM is trading so low that at a certain point, they just need to keep the lights on so they get a buyout and put us out of our misery.  Don't see this day being a good one.
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