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The latest update is out from Tidewater Midstream and Infrastructure ( (TSE:TWM) ).
Tidewater Midstream and Infrastructure Ltd. has completed the sale of its Sylvan Lake Gas Processing Facility to Parallax Energy Operating Inc. for $5.5 million. This transaction, involving a non-core asset, is expected to have an immaterial impact on Tidewater’s 2025 operating results, with the proceeds being used to repay amounts outstanding on the company’s Senior Credit Facility.
The most recent analyst rating on (TSE:TWM) stock is a Hold with a C$7.00 price target. To see the full list of analyst forecasts on Tidewater Midstream and Infrastructure stock, see the TSE:TWM Stock Forecast page.
Spark’s Take on TSE:TWM Stock
According to Spark, TipRanks’ AI Analyst, TSE:TWM is a Neutral.
The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues and high leverage. Despite strong technical indicators suggesting bullish momentum, the negative P/E ratio and lack of dividend yield raise concerns about valuation. The absence of earnings call data and corporate events limits further insights.
To see Spark’s full report on TSE:TWM stock, click here.
More about Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Ltd. is a company traded on the TSX under the symbol ‘TWM’. It focuses on creating shareholder value in the North American natural gas, natural gas liquids, crude oil, refined product, and renewable energy sectors. The company operates downstream facilities, natural gas processing facilities, natural gas liquids infrastructure, pipelines, storage, and various renewable initiatives. Additionally, Tidewater markets crude, refined products, natural gas, natural gas liquids, and renewable products and services across North America.
Average Trading Volume: 19,471
Technical Sentiment Signal: Sell
Current Market Cap: C$119.6M
For detailed information about TWM stock, go to TipRanks’ Stock Analysis page.