Tidewater Midstream and Infrastructure Ltd T.TWM.DB.A

Tidewater Midstream

[otterman]

Can somebody please explain to me the benefit, if any of this reorganization. I feel the two companies should have just been consolidated. How could management have taken a perfectly good company paying dividends and turn it into this mess.

[longrun86]

There is no doubt it is a mess! I think that the reason they have not pulled the trigger on a full consolidation relates to the LCFS's Board's view of the upside potential of the SAF program. They must believe that there is market upside that is not priced in and that the fuel credits debacle will get resolved. As fiduciaries they are no doubt aware that they have the responsibility to

[otterman]

Thanks longrun86, appreciate your comments. Perhaps we will get lucky and they will be taken out at a premium.

[Amameal]

My point from a fresh eye: The company's market cap decline started when it began focusing on renewable energy and accelerated when the current renewable-oriented CEO took the reins. Correct me if I am wrong.