Bullboard - Stock Discussion Forum Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s): TWMIF | T.TWM.DB.A

Energy Oil & Gas Midstream

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... see more

Add To Watchlist

TSX:TWM - Post Discussion

Tidewater Midstream and Infrastructure Ltd > Plain and Simple

View:

Post by pennydredful on Dec 23, 2023 6:51pm

Plain and Simple

Drop the dividend to nothing hoping the stock will plummet so they can pick up cheap shares using the NCIB.

213

Comment

Comment by Ogopogo26 on Dec 23, 2023 10:43pm

What about the plain and simple answer that they don't have the cash flow for $17 million dividend payments and $40 million NCIB at the same time? Think about it, they just lost $50-60 million in EBITDA from the Pipestone sale, still having to service the CB, sitting on a bunch of ALA shares that just have gone ex div, no dividend from LCFS ... The plain and simple explanation might be that ...more

132

Comment

Comment by faraway1 on Dec 24, 2023 9:48am

Then cut back on the NCIB!

Comment

Comment by PabloLafortune on Dec 24, 2023 9:57am

Also interest savings + dividend savings ~ lost cashflow from asset sale. But I hope the bigger reason is to merge with LCFS ie own it 100% in which case paying dividends makes the exchange weaker (Enterprise Value ie dividends is cash out) while buying back shares improves it (less shares) ( the 2 companies would be subject to valuation opinions regardless). This would not be about screwing ...more

125

Comment

Tidewater Midstream and Infrastructure Ltd