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

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

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

TSX:TWM - Post Discussion

Tidewater Midstream and Infrastructure Ltd > We owe an apology to Good Buddy
View:
Post by pennydredful on Mar 14, 2024 1:46pm

We owe an apology to Good Buddy

as   his .70  handle  has  been  met  in  spades  .   Perhaps   with  the news  out  he  is now  thinking  fifties ?
Comment by longrun86 on Mar 14, 2024 2:14pm
We certainly do! I am curious to learn more about the impairment. I will listen to the conference call. The MD&A was shockingly light on information regarding this. I am pleased that they acknowledged the HDRD facility is functioning.  We need more info on where they are at in the Strategic review as it wasn't clear to me if this is complete or not. In my mind they have ...more  
Comment by goodbuddy on Mar 14, 2024 2:52pm
My 48% declione from $1.03 will place this stock at $0.54. I believe TWM will trade there in time. Although, I never expected the stock to trade here this quickly and one reason for the rapid decline was the management shake up that I never expected or included in my price target. I would be very cautious going forward, renewables is wanting to increase production to 6500 bbl/day, that will ...more  
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