Tidewater Midstream and Infrastructure stock analysis
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Tidewater Midstream and Infrastructure (TWM) Stock Price & Analysis
TWM Stock Chart & Stats
- Day’s Range
- CAD 21.50 - CAD 22.15
- 52-Week Range
- CAD 4.49 - CAD 26.59
- Previous Close
- CAD 21.65
- Volume
- N/A
- Average Volume (3M)
- 82.85K
- Market Cap
- CAD 471.62M
- Enterprise Value
- CAD 1.07B
- Total Cash (Recent Filing)
- CAD 800.00K
- Total Debt (Recent Filing)
- CAD 532.60M
- Price to Earnings (P/E)
- ―
- Beta
- -0.04
- Next Earnings
- Mar 11, 2027 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Sep 28, 2023
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Improving EBITDA Outlook
The upgraded EBITDA outlook signals stronger operating performance across the company and provides a more substantial earnings base for the next several quarters. Higher expected cash earnings can support reinvestment, debt reduction, and improved resilience if operating conditions remain supportive.
Improved Cash Generation
The return to positive operating and free cash flow strengthens the company’s ability to fund operations internally and reduce reliance on external capital. Although earnings remain negative, sustained cash generation would improve debt-service capacity and provide greater flexibility for capital allocation.
Strong Renewable Throughput And Utilization
Throughput above nameplate capacity demonstrates that existing infrastructure can generate additional output through relatively low-cost debottlenecking and reliable operations. This supports asset productivity, improves the potential return on installed capacity, and reinforces the renewables platform’s operating position.
Bears Say
Persistent Net Losses
Continued bottom-line losses show that improved operating results have not yet translated into sustainable overall profitability. Negative earnings can constrain retained capital, weaken shareholder returns, and leave the company more dependent on operating improvements and financing discipline to build durable earnings power.
Elevated Balance-sheet Leverage
High leverage reduces financial flexibility and increases the importance of consistent cash flow for debt service and investment funding. Compressed equity and negative returns further limit the balance sheet’s capacity to absorb weaker midstream conditions or unexpected operating pressure.
Throughput Exposure To Curtailments
Reliance on producer volumes and regional pipeline availability creates a continuing risk that infrastructure utilization will fall even when the assets remain operational. Lower throughput can reduce fee revenue, weaken fixed-cost absorption, and delay the recovery of profitability across the midstream network.
Tidewater Midstream and Infrastructure News
TWM FAQ
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Tidewater Midstream and Infrastructure Stock Smart Score
Company Description
Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Ltd. operates as a downstream, midstream, and infrastructure company in Western Canada and the United States. It primarily focuses on processing natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services, as well as refining of light oil. The company also engages in the sale of refined products, including low sulfur diesel, renewable diesel, and gasoline; natural gas, NGL extraction, as well as renewable fuels and emissions credits; and purchases, transports, sells, stores and blends both NGLs and crude oil. The company was incorporated in 2015 and is headquartered in Calgary, Canada.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Jeremy R. Baines
- Employees
- 312
- Website
- www.tidewatermidstream.com
- Address
- 222 – 3rd Avenue S.W., Calgary, AB, T2P 0B4, CA
Tidewater Midstream and Infrastructure (TWM) Earnings & Revenues
TWM Earnings Call
Earnings Call SentimentPositive
The call presented multiple strong operational and financial positives: record throughput and adjusted EBITDA at the renewables business, record consolidated EBITDA, improved refining margins, meaningful debt reduction, and upgraded full-year guidance. Strategic initiatives also advanced (SAF project progressing, regulatory funding secured). Offsetting items include midstream throughput curtailments (BRC and Ram River), temporary refinery outage impacts, realized hedge losses, and regulatory dependency for the SAF FID. Overall, operational momentum and balance sheet improvements materially outweigh the challenges reported.
View all TSE:TWM earnings summariesTWM Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 3 | 10 |
| Technical Analysis | 5 | 3 | 2 |
| Moving Averages | 4 | 0 | 8 |








