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

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

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

TSX:TWM - Post Discussion

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Post by templetooth2 on Feb 01, 2024 3:49pm

Things we don't know

1. BofD authorized a NCIB application as per Dec 22 news release. Is it usual for regulators to take 40-odd days to pull rubber stamp out of drawer and approve same?

2 How many barrels per day of renewable diesel are we now producing? It's been months since we were given a number. Is this a profound corporate secret?

3. Why did you fire your top 2 executives? Is this a profound corporate secret?

4. Does anybody in your organization (can't really say "our" organization, can I?) have the least understanding of the value of shareholder communication?
Comment by Ogopogo26 on Feb 01, 2024 4:23pm
Have you sent those questions to investor relations at TWM?
Comment by templetooth2 on Feb 01, 2024 7:13pm
Have I sent my questions to IR? No, but you are welcome to. I phoned the company back in late November with a question, there was no return call. I don't think they have a formal IR dept. I think that shareholders here are considered a nuisance. Except perhaps Birch Hill. Please let us know if these schmucks deign to talk to you with other than bafflegab. Good Luck.
Comment by longrun86 on Feb 02, 2024 12:58am
I called them and left a voicemail and they called me back the same day... unfortunately I was tied up on a work call and couldn't pick up. I am hoping to call back next week. The more I digest this, the more I think that this is an issue of dissenting views on the path forward for TWM. If you come to a fundamental fork in the road, then those who aren't with the majority have to get off ...more  
Comment by NewOpportunist on Feb 02, 2024 10:09am
They actually do have a formal IR person and I found him very approachable. This is not an IR issue though, the BOD messed this up. Assuming and hoping that there are no skeletons in the closet, if this is really just about opposing views how to take TWM/LCFS forward, then the BOD did a horrible job communicating it to the market.
Comment by goodbuddy on Feb 01, 2024 4:50pm
Secure energy asked for intent on 2022-11-02 and on 2022-12-08 was approved!
Comment by goodbuddy on Feb 01, 2024 4:56pm
I don't think Tidewater will follow through with the NCIB.
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