TSE:TWM

Tidewater Midstream and Infrastructure Stock Forecast, Price & News

C$0.94

-0.01 (-1.05 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

C$0.94

Now: C$0.94▼

C$0.96

50-Day Range

C$0.85

MA: C$0.93▼

C$0.98

52-Week Range

C$0.34

Now: C$0.94▼

C$1.04

Volume131,978 shs

Average Volume320,090 shs

Market CapitalizationC$318.29 million

P/E RatioN/A

Dividend Yield4.21%

BetaN/A

Tidewater Midstream and Infrastructure Ltd., through its subsidiaries, operates as a diversified midstream and infrastructure company in North America. It primarily focuses on natural gas, natural gas liquids (NGLs), and crude oil midstream infrastructure, and light oil refining within the Western Canadian Sedimentary Basin, including the Montney, Edmonton, and Deep Basin core areas, as well as Prince George, British Columbia in Canada. The company engages in gas gathering, processing, and transportation; and NGLs/crude oil marketing and extraction. It also sells refined petroleum products, including gasoline, low sulphur diesel, and ancillary products; produces and sells natural gas and NGLs; retails propane; and rents railcar, as well as operates export terminals and storage facilities. The company was incorporated in 2015 and is headquartered in Calgary, Canada.

Headlines

Tidewater announces fourth quarter 2020 dividend
December 22, 2020 | finance.yahoo.com

Tidewater Midstream and Infrastructure's(TSE:TWM) Share Price Is Down 49% Over The Past Three Years.
December 16, 2020 | finance.yahoo.com

Minister Ian Lafrenière confirms the government's support of the Résilience Montréal Project
December 12, 2020 | finance.yahoo.com

Tidewater announces third quarter 2020 dividend
September 23, 2020 | finance.yahoo.com

Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2020 Results and Operational Update
August 13, 2020 | finance.yahoo.com

Tidewater Midstream and infrastructure Ltd. Announces 2020 Shareholder Meeting Results, New Directors, Reiterates Guidance and Provides ESG Disclosure Update
July 8, 2020 | finance.yahoo.com

Tidewater Midstream and Infrastructure Ltd. Announces Definitive Agreement to Sell the Pioneer Pipeline and Second Quarter Dividend
June 18, 2020 | finance.yahoo.com

Edited Transcript of TWM.TO earnings conference call or presentation 14-May-20 5:00pm GMT
May 15, 2020 | finance.yahoo.com

Tidewater Midstream & Infrastructure Ltd. (TWMIF) CEO Joel MacLeod on Q1 2020 Results - Earnings Call Transcript
May 14, 2020 | seekingalpha.com

Tidewater Midstream and Infrastructure Ltd. Announces First Quarter 2020 Results and Operational Update
May 14, 2020 | finance.yahoo.com

Tidewater Midstream and Infrastructure Ltd. Updates 2020 Guidance, Provides Operational Update and Confirms First Quarter Reporting Date and Conference Call
April 17, 2020 | finance.yahoo.com

Chairman Joel MacLeod Just Bought Shares In Tidewater Midstream and Infrastructure Ltd. (TSE:TWM)
March 25, 2020 | finance.yahoo.com

Tidewater Midstream and Infrastructure Ltd. Just Missed Earnings; Here's What Analysts Are Forecasting Now
March 15, 2020 | finance.yahoo.com

How Does Tidewater Midstream and Infrastructure's (TSE:TWM) P/E Compare To Its Industry, After The Share Price Drop?
March 13, 2020 | finance.yahoo.com

Edited Transcript of TWM.TO earnings conference call or presentation 12-Mar-20 5:00pm GMT
March 13, 2020 | finance.yahoo.com

Pipeline sale to provide protection from 'severe downturn,' Tidewater says
March 12, 2020 | www.msn.com

Tidewater Swims Against Tide, Gains Ground on Miserable Thursday
March 12, 2020 | www.baystreet.ca

Tidewater Midstream & Infrastructure Ltd. to Host Earnings Call
March 12, 2020 | finance.yahoo.com

TC Energy unit buying Pioneer Pipeline from TransAlta and Tidewater for $255-million
March 12, 2020 | www.theglobeandmail.com

Gas Up On This Canadian Stock
March 5, 2020 | www.baystreet.ca

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas Midstream

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:TWM

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.tidewatermidstream.com

Phone587-475-0210

Employees280

Year FoundedN/A

Debt

Debt-to-Equity Ratio262.56

Current Ratio1.10

Quick Ratio0.62

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio5.88

P/E Growth-1.21

Sales & Book Value

Annual SalesC$970.74 million

Price / Sales0.33

Cash FlowC$0.03 per share

Price / Cash Flow30.63

Book ValueC$1.18 per share

Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares338,609,000

Market CapC$318.29 million

Next Earnings Date3/11/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.57 out of 5 stars

3.3 Analyst's Opinion

Consensus Rating
Tidewater Midstream and Infrastructure has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.20, Tidewater Midstream and Infrastructure has a forecasted upside of 27.7% from its current price of C$0.94.
Amount of Analyst Coverage
Tidewater Midstream and Infrastructure has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
Tidewater Midstream and Infrastructure has received 28 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tidewater Midstream and Infrastructure has received 34 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tidewater Midstream and Infrastructure has received 54.84% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tidewater Midstream and Infrastructure and other stocks. Vote “Outperform” if you believe TWM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TWM will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Tidewater Midstream and Infrastructure is a leading dividend payer. It pays a dividend yield of 4.21%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tidewater Midstream and Infrastructure does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tidewater Midstream and Infrastructure insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tidewater Midstream and Infrastructure is -5.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tidewater Midstream and Infrastructure is -5.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Tidewater Midstream and Infrastructure, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Tidewater Midstream and Infrastructure has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$0.94

-0.01 (-1.05 %)

(As of 03/5/2021 12:00 AM ET)

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Tidewater Midstream and Infrastructure (TSE:TWM) Frequently Asked Questions

Is Tidewater Midstream and Infrastructure a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tidewater Midstream and Infrastructure in the last year. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tidewater Midstream and Infrastructure stock.
View analyst ratings for Tidewater Midstream and Infrastructure or view top-rated stocks.

What stocks does MarketBeat like better than Tidewater Midstream and Infrastructure?

Wall Street analysts have given Tidewater Midstream and Infrastructure a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tidewater Midstream and Infrastructure wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Tidewater Midstream and Infrastructure's next earnings date?

Tidewater Midstream and Infrastructure is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Tidewater Midstream and Infrastructure.

How has Tidewater Midstream and Infrastructure's stock price been impacted by COVID-19 (Coronavirus)?

Tidewater Midstream and Infrastructure's stock was trading at C$0.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TWM stock has increased by 129.3% and is now trading at C$0.94.
View which stocks have been most impacted by COVID-19.

How often does Tidewater Midstream and Infrastructure pay dividends? What is the dividend yield for Tidewater Midstream and Infrastructure?

Tidewater Midstream and Infrastructure announced a quarterly dividend on Tuesday, December 22nd. Investors of record on Thursday, December 31st will be paid a dividend of 0.01 per share on Friday, January 29th. This represents a $0.04 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Wednesday, December 30th.
View Tidewater Midstream and Infrastructure's dividend history.

Is Tidewater Midstream and Infrastructure a good dividend stock?

Tidewater Midstream and Infrastructure pays an annual dividend of C$0.04 per share and currently has a dividend yield of 4.21%. TWM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Tidewater Midstream and Infrastructure's dividend history.

What price target have analysts set for TWM?

4 analysts have issued 12-month price targets for Tidewater Midstream and Infrastructure's shares. Their forecasts range from C$0.90 to C$1.50. On average, they anticipate Tidewater Midstream and Infrastructure's stock price to reach C$1.20 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
View analysts' price targets for Tidewater Midstream and Infrastructure or view top-rated stocks among Wall Street analysts.

Who are Tidewater Midstream and Infrastructure's key executives?

Tidewater Midstream and Infrastructure's management team includes the following people:

Mr. Joel A. MacLeod, Chairman, Pres & CEO (Age 42, Pay $205.85k)
Mr. Joel Kyle Vorra, Chief Financial Officer (Age 35, Pay $359.68k)
Mr. Jarvis A. Williams, Pres of Downstream (Age 43, Pay $359.68k)
Mr. Reed L. McDonnell, Chief Commercial Officer
Mr. David Barva, Chief Legal Officer & Exec. VP of Shared Services
Mr. Brent Booth, Exec. VP of Marketing & Commercial Bus. Devel.
Mr. Jeffery T. Ketch, Exec. VP of Field Operations (Age 46)
Mr. Terrence Dumont, Exec. VP of Montney

Who are some of Tidewater Midstream and Infrastructure's key competitors?

Some companies that are related to Tidewater Midstream and Infrastructure include Kinder Morgan Canada Limited (KML.TO) (KML), AltaGas (ATGFF), Blueknight Energy Partners (BKEPP), Höegh LNG (HOLHF), Keyera (KEYUF), Kinder Morgan Canada (KMLGF), Legend Oil and Gas (LOGL), Liquefied Natural Gas (LNGLF), Liquefied Natural Gas (LNG), Macro Enterprises (MCESF), Petrogress (PGAS) and Tidewater Midstream and Infrastructure (TWMIF).
View all of TWM's competitors.

What other stocks do shareholders of Tidewater Midstream and Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tidewater Midstream and Infrastructure investors own include Exchange Income (EIF), Freehold Royalties (FRU), Jaguar Mining Inc. (JAG.TO) (JAG), Keyera (KEY), (AD), Ag Growth International Inc. (AFN.TO) (AFN), Automotive Properties Real Est Invt TR (APR.UN), Algonquin Power & Utilities (AQN), The Bank of Nova Scotia (BNS.TO) (BNS) and Chemtrade Logistics Income Fund (CHE.UN).

What is Tidewater Midstream and Infrastructure's stock symbol?

Tidewater Midstream and Infrastructure trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TWM."

How do I buy shares of Tidewater Midstream and Infrastructure?

Shares of TWM and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Tidewater Midstream and Infrastructure's stock price today?

One share of TWM stock can currently be purchased for approximately C$0.94.

How much money does Tidewater Midstream and Infrastructure make?

Tidewater Midstream and Infrastructure has a market capitalization of C$318.29 million and generates C$970.74 million in revenue each year.

How many employees does Tidewater Midstream and Infrastructure have?

Tidewater Midstream and Infrastructure employs 280 workers across the globe.

What is Tidewater Midstream and Infrastructure's official website?

The official website for Tidewater Midstream and Infrastructure is www.tidewatermidstream.com.

How can I contact Tidewater Midstream and Infrastructure?

The company can be reached via phone at 587-475-0210.

This page was last updated on 3/6/2021 by MarketBeat.com Staff

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