An update from Tidewater Midstream and Infrastructure ( (TSE:TWM) ) is now available.
Tidewater Midstream and Infrastructure Ltd. has announced a definitive agreement to acquire the North Segment of Pembina Pipeline Corporation’s Western Pipeline System for approximately $1.2 million, along with future abandonment and reclamation liabilities. This acquisition aims to enhance Tidewater’s operational efficiency at the Prince George Refinery by securing a reliable and cost-effective feedstock source, potentially leading to significant cost savings and improved product margins. The transaction is expected to close by September 1, 2025, pending regulatory approvals.
Spark’s Take on TSE:TWM Stock
According to Spark, TipRanks’ AI Analyst, TSE:TWM is a Neutral.
Tidewater Midstream and Infrastructure’s overall stock score of 52 reflects significant challenges in financial performance, particularly with high leverage and negative profitability. While technical indicators suggest some short-term momentum, the valuation remains unattractive due to ongoing losses. Recent earnings call insights offer a mixed picture, with positive strategic adjustments but persistent operational setbacks. The company’s ability to navigate these challenges will be critical to future improvements.
To see Spark’s full report on TSE:TWM stock, click here.
More about Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Ltd. operates in the North American energy sector, focusing on the natural gas, natural gas liquids, crude oil, refined products, and renewable energy value chain. The company engages in downstream facilities, natural gas processing, and various renewable initiatives, while also marketing a range of energy products and services across North America.
YTD Price Performance: 82.35%
Average Trading Volume: 562,278
Technical Sentiment Signal: Buy
Current Market Cap: C$131.5M
See more insights into TWM stock on TipRanks’ Stock Analysis page.