|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.0410 - 1.0410|
|52 Week Range||0.9146 - 1.1560|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||69.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tidewater's 100 MMcf/day sour deep-cut gas processing complex (the "Pipestone Gas Plant") is fully contracted. Tidewater has received significant support for future gas processing and liquids handling expansions at Pipestone and is currently evaluating an expansion at the facility. Tidewater expects to complete construction of the Pioneer Pipeline, a 120km natural gas pipeline connecting Tidewater's Brazeau River Complex ("BRC") to TransAlta Corporation's generating units at Sundance and Keephills in the second quarter of 2019, approximately four months ahead of schedule.
Despite a challenging industry environment, 2018 was a record year for Tidewater both operationally and financially as volumes and earnings increased as compared to 2017. During the year, the Corporation commenced construction of approximately $400 million (gross) of new capital growth projects, experienced NGL and natural gas volume growth across its operations and executed crude oil infrastructure agreements to deliver crude oil to end markets. Tidewater delivered another record year of net income attributable to shareholders and Adjusted EBITDA growth.
Tidewater delivered another quarter of Adjusted EBITDA growth of $17.3 million or $0.05 per share for the third quarter of 2018 compared to $15.3 million or $0.05 per share for the same period in 2017. On October 18, 2018 Tidewater received approval from the Alberta Energy Regulator to construct and operate the Pipestone Montney, Sour Deep-Cut Gas Processing Complex. On October 30, 2018 Tidewater also received approval from the Alberta Energy Regulator to construct and operate a 120 km natural gas pipeline connecting Tidewater's Brazeau River Complex ("BRC") to TransAlta Corporation's generating units at Sundance and Keephills .
Tidewater announces regulatory approval of pipeline to TransAlta, updates Q3 guidance and crude oil infrastructure initiatives and announces Q3 release details
Tidewater announces definitive agreements with TransAlta, provides an update on Pipestone Montney and announces crude oil infrastructure agreements
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Tidewater Midstream & Infrastructure Ltd. (OTC PINK: TWMIF ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 ...
Tidewater delivered another strong quarter reporting Adjusted EBITDA attributable to its shareholders of $19.0 million or $0.06 per share for the second quarter of 2018 compared to $14.9 million or $0.05 per share for the same period in 2017. The Corporation maintained a conservative payout ratio of approximately 28% with distributable cash flow of $11.6 million in the second quarter of 2018. Tidewater remains focused on delivering approximately 20% annualized Adjusted EBITDA per share growth over the next 24 months.
CALGARY , June 22, 2018 /CNW/ - Tidewater Midstream and Infrastructure Ltd. (TWM.TO) ("Tidewater" or the "Corporation") is pleased to announce that it has entered into a fifteen-year liquids sale commitment with an investment grade counterparty, in exchange for an agreed upon liquids pricing premium. "We would like to extend our sincere thanks and congratulations to our many employees and contractors who completed these major maintenance and turnaround operations without a lost-time safety incident," said Jarvis Williams , Vice President, Logistics and Midstream Operations.