Scotiabank Has Positive Opinion of TSE:TWM FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS estimate for Tidewater Midstream and Infrastructure to a loss of C$3.81 per share from a prior forecasted loss of C$4.05, while maintaining a “Sector Perform” rating and C$21 price target.
• Analyst sentiment is generally positive: TWM has a consensus “Moderate Buy” rating from five analysts and an average price target of C$24.00, with several firms recently raising their targets.
• The shares opened at C$23.76 and have risen substantially from their 12-month low of C$4.49, but the company continues to report weak profitability, including a negative net margin and return on equity, alongside high debt relative to equity.

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM - Free Report) - Investment analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Tidewater Midstream and Infrastructure in a report issued on Thursday, October 22nd. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of ($3.81) for the year, up from their prior forecast of ($4.05). Scotiabank has a "Sector Perform" rating and a $21.00 price target on the stock. The consensus estimate for Tidewater Midstream and Infrastructure's current full-year earnings is $0.02 per share.

TWM has been the topic of a number of other reports. ATB Cormark Capital Markets boosted their price objective on Tidewater Midstream and Infrastructure from C$26.00 to C$28.00 and gave the company an "outperform" rating in a research report on Friday. Scotia raised their target price on Tidewater Midstream and Infrastructure from C$21.00 to C$26.00 and gave the stock a "sector perform" rating in a research report on Friday, August 14th. National Bank Financial raised their target price on Tidewater Midstream and Infrastructure from C$25.00 to C$27.00 and gave the stock an "outperform" rating in a research report on Friday, August 14th. Finally, Royal Bank Of Canada upgraded shares of Tidewater Midstream and Infrastructure from a "hold" rating to a "moderate buy" rating in a research note on Sunday, August 16th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$24.00.

Tidewater Midstream and Infrastructure Price Performance

Shares of TWM stock opened at C$23.76 on Monday. Tidewater Midstream and Infrastructure has a 12 month low of C$4.49 and a 12 month high of C$26.59. The company has a market capitalization of C$521.20 million, a P/E ratio of -6.75, a P/E/G ratio of 0.64 and a beta of -0.19. The stock has a 50 day moving average of C$22.97 and a two-hundred day moving average of C$18.93. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 309.29.

Tidewater Midstream and Infrastructure (TSE:TWM - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.56 EPS for the quarter. Tidewater Midstream and Infrastructure had a negative return on equity of 42.19% and a negative net margin of 4.75%. The firm had revenue of C$552.10 million during the quarter.

About Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities.

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