Tidewater Midstream and Infrastructure Ltd T.TWM

PGR

[mjh9413]

I heard that a high WCS price was good for crack spreads but I wud have thought the lower price for heavy oil while slow decline in refined product prices wud have been better? Anyone? Also I believe husky has commitments to deliver to PGR as part of sale

[fauxtomato]

PGR is a light oil refinery that processes primarily MSW and some condensate. I don't think the WCS blowing out impacts their feedstock costs like it does the heavy oil refineries in Alberta and the midwest.

[mjh9413]

Thaks. Boy did I remember that all wrong. It is light oil and husky's involvement is fuel take-off agreements. Still, I do not undertand why their midstream business shud not benefit from current oil price movements...lower input costs and slower falling output prices to retailers as input proces blend downwards.Or is it retailers take the extra margin. That's rhetorical I guess.

[fauxtomato]

The stickiness of gas prices can be tracked through the PG rack prices here https://www.petro-canada.ca/en/business/rack-prices as a proxy for what they're getting for product at Prince George. Cracks have been above budget and PGR should be doing well in the environment. Midstream likely benefits some from the volatility, but sustained $70+ WTI and $4 AECO driving producer capex and

[firstworld]

Fuel business is a cartel - better to have shortages to increase prices than buy from TWM whos refinery is so far away from users midas well be in a different country. No one wants experimantal diesel i n the $200K trucks anyway not tested with problematic emission systems this will be a huge failure or massive new engines liability at least. Red Necks in mercedes  

[1966Mustang]

That is an interesting take on TWM firstworld. Are you aware that TWM has anual earnins of 22 cents per share and a dividend of 3.28 % at this price? I apreciate your prognosis but it is VERY possible that you are wrong. I hope that you are wrong anyways. Good luck investing otherwise.

[firstworld]

3.28 annual div is complete joke especially when funded with welfare money. It's an even bigger joke when it's from a mom and pop ultra high risk company. Doesn't even keep up with inflation. Talk to me when they stop receiving welfare and subsidies ....loser corp.

[littledave55555]

firstworld , If TWM is so bad why take  the time to post garbage on there sight??? why not just move on to something better ... !!! GO TWM GO !!! 

[firstworld]

Someone needs to warn others on the the welfare fraud and corruption...if you love TWM so much why don't you drink a few litres of the "renewable" diesel haha.

[Maxmoe]

Well little Dave, I guess you haven't figured it out yet. Turdworld is the most ignored basher on stockhouse. There used to be a counter for how many users had him or anyone on ignore. He was number one. Must be over a thousand put him on ignore now. That's all he does. He can't "move on to something better" because he only posts garbage to get a raise out of people