Tidewater Midstream and Infrastructure Ltd. (TSX:TWM)

Canada flag Canada · Delayed Price · Currency is CAD
16.05
-0.43 (-2.61%)
May 12, 2026, 4:00 PM EST
Market Cap359.96M +203.6%
Revenue (ttm)1.39B -7.7%
Net Income-107.50M
EPS-4.97
Shares Out21.84M
PE Ration/a
Forward PE144.82
Dividendn/a
Ex-Dividend Daten/a
Volume62,916
Average Volume91,540
Open16.16
Previous Close16.48
Day's Range15.89 - 16.50
52-Week Range3.60 - 17.08
Beta0.79
RSI77.82
Earnings DateAug 12, 2026

About TSX:TWM

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, ... [Read more]

Sector Energy
Founded 2015
Employees 312
Stock Exchange Toronto Stock Exchange
Ticker Symbol TWM
Full Company Profile

Financial Performance

In 2025, TSX:TWM's revenue was 1.32 billion, a decrease of -19.63% compared to the previous year's 1.64 billion. Losses were -112.20 million, 321.8% more than in 2024.

Financial Statements

News

Tidewater Midstream price target raised to C$17 from C$9 at Scotiabank

Scotiabank raised the firm’s price target on Tidewater Midstream (TWMIF) to C$17 from C$9 and keeps a Sector Perform rating on the shares.

4 days ago - TheFly

Tidewater Midstream price target raised to C$18 from C$11 at RBC Capital

RBC Capital analyst Robert Kwan raised the firm’s price target on Tidewater Midstream (TWMIF) to C$18 from C$11 and keeps a Sector Perform rating on the shares. Published first on

4 days ago - TheFly

Q1 2026 Tidewater Midstream and Infrastructure Ltd Earnings Call Transcript

Q1 2026 Tidewater Midstream and Infrastructure Ltd Earnings Call Transcript

4 days ago - GuruFocus

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q1 2026

Strong Q1 2026 results driven by regulatory tailwinds, high facility utilization, and improved market pricing led to increased adjusted EBITDA guidance for the year. Capital discipline and hedging support robust outlook, with asset sales expected to further strengthen liquidity.

5 days ago - Transcripts

Axiom Announces Manola Divestiture and Additional Tidewater Midstream and Infrastructure Ltd. Lawsuit

Calgary, Alberta--(Newsfile Corp. - April 1, 2026) - Axiom Oil and Gas Inc. ("Axiom" or the "Company") has listed its Manola oil and gas property for sale with Sayer Energy Advisors and has filed a ne...

5 weeks ago - Newsfile Corp

Tidewater Midstream price target raised to C$9 from C$7 at Scotiabank

Scotiabank raised the firm’s price target on Tidewater Midstream (TWMIF) to C$9 from C$7 and keeps a Sector Perform rating on the shares.

6 weeks ago - TheFly

Tidewater Midstream price target raised to C$11 from C$10 at RBC Capital

RBC Capital raised the firm’s price target on Tidewater Midstream (TWMIF) to C$11 from C$10 and keeps a Sector Perform rating on the shares.

6 weeks ago - TheFly

Tidewater Midstream upgraded to Sector Perform at National Bank

National Bank analyst Patrick Kenny upgraded Tidewater Midstream (TWMIF) to Sector Perform from Underperform with a C$9.50 price target

6 weeks ago - TheFly

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q4 2025

Operational disruptions led to Q4 losses, but 2026 guidance forecasts a 400% EBITDA increase, driven by regulatory incentives, higher utilization, and asset sales. Most cash flow will be used for debt reduction, with hedging and amended credit facilities supporting financial flexibility.

6 weeks ago - Transcripts

Axiom Oil and Gas Inc. Maintains $110 Million Lawsuit Against Tidewater Midstream and Infrastructure Ltd. Related to Brazeau Property for Sale

Calgary, Alberta--(Newsfile Corp. - November 26, 2025) - Axiom Oil and Gas Inc. ("Axiom" or the "Company") wishes to reply to the Tidewater Midstream and Infrastructure Ltd. ("Tidewater") news release...

5 months ago - Newsfile Corp

Axiom Oil and Gas Inc. Announces Property Sales, Files $110 Million Lawsuit Against Tidewater Midstream and Infrastructure Ltd.

Calgary, Alberta--(Newsfile Corp. - November 20, 2025) - Axiom Oil and Gas Inc. ("Axiom" or the "Company") is pleased to report that as a result of its recent successful drilling program of its highes...

6 months ago - Newsfile Corp

Tidewater Midstream downgraded to Sector Perform from Speculative Buy at ATB

ATB Capital downgraded Tidewater Midstream (TWMIF) to Sector Perform from Speculative Buy with a C$6 price target

6 months ago - TheFly

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q3 2025

Q3 2025 saw strong operational execution, with the Western Pipeline acquisition closed and integration underway. Renewables faced a net loss due to non-cash items, but adjusted EBITDA rose 54%. The outlook is positive, with margin expansion expected as market conditions improve.

6 months ago - Transcripts

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q2 2025

Renewables saw strong commercial and financial gains, with over 70% of H2 2025 HDRD output contracted and net income up $8M sequentially. Midstream faced lower margins and a $16.3M net loss, but asset sales and cost controls support improved outlook for H2 2025.

9 months ago - Transcripts

Tidewater Midstream and Infrastructure Transcript: AGM 2025

Shareholders elected six directors, approved Deloitte LLP as auditors, passed resolutions on restricted share units, share consolidation, and executive compensation, with all motions receiving strong majority support. No questions were raised during the Q&A.

1 year ago - Transcripts

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q1 2025

Q1 2025 saw a significant net loss and negative adjusted EBITDA due to lower refined product sales and margins, but steps like the Western Pipeline acquisition and asset sales aim to improve cash flow and reduce leverage. Market oversupply and regulatory changes continue to impact operations.

1 year ago - Transcripts

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q4 2024

Q4 2024 saw improved net loss and stable adjusted EBITDA, with operational reliability despite lower throughput due to maintenance. Regulatory changes and trade actions are expected to support renewable diesel margins, while asset sales and amended debt covenants enhance liquidity and flexibility.

1 year ago - Transcripts

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q3 2024

Q3 2024 saw lower adjusted EBITDA due to weaker pricing and throughput, with margins pressured by oversupply and subsidized imports. Guidance was revised to the low end, and maintenance capital was reduced, supporting free cash flow.

1 year ago - Transcripts

Tidewater Midstream and Infrastructure Earnings Call Transcript: Q2 2024

Q2 2024 saw strong operational performance and a 98% HDRD utilization rate, but depressed BC LCFS credit prices led to a major asset transaction to address liquidity. EBITDA guidance was lowered to $130–$150 million, with compliance covered through 2025.

1 year ago - Transcripts