Tidewater Midstream and Infrastructure - TWM Stock Forecast, Price & News

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 operations and processing plants located in the Deep Basin, Edmonton, and Montney regions of Alberta and British Columbia. The company engages in gathering, processing, and transportation for natural gas and NGLs; crude oil refining and refined products marketing; NGL extraction and marketing; and crude oil marketing and transportation. It also produces refined products, including gasoline, low sulfur diesel, and other products; produces and sells crude oil, natural gas, and NGLs; and rents railcar, as well as operates export terminals and storage facilities. The company was incorporated in 2015 and is headquartered in Calgary, Canada.

Analysts Set New Price Targets

A number of research firms have recently commented on TWM. Standpoint Research raised their price target on Tidewater Midstream and Infrastructure from C$2.00 to C$2.15 in a report on Monday, May 16th. CIBC boosted their price target on Tidewater Midstream and Infrastructure from C$2.00 to C$2.05 in a report on Thursday, July 21st. Stifel Nicolaus decreased their price objective on Tidewater Midstream and Infrastructure from C$2.25 to C$2.10 in a research report on Thursday, July 28th. Credit Suisse Group cut their price target on shares of Tidewater Midstream and Infrastructure from C$2.25 to C$1.75 and set an "outperform" rating on the stock in a report on Friday, July 15th. Finally, CSFB lowered their price target on Tidewater Midstream and Infrastructure from C$2.25 to C$1.75 in a report on Friday, July 15th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Tidewater Midstream and Infrastructure presently has a consensus rating of "Moderate Buy" and a consensus price target of C$1.93.

Tidewater Midstream and Infrastructure Stock Performance

Tidewater Midstream and Infrastructure stock traded down C$0.01 during trading hours on Tuesday, hitting C$1.20. The stock had a trading volume of 658,495 shares, compared to its average volume of 483,156. The company has a market cap of C$410.20 million and a PE ratio of 4.65. The company has a quick ratio of 0.54, a current ratio of 0.73 and a debt-to-equity ratio of 114.60. Tidewater Midstream and Infrastructure has a fifty-two week low of C$1.15 and a fifty-two week high of C$1.72. The company has a 50-day moving average of C$1.32 and a two-hundred day moving average of C$1.33.