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Tidewater Midstream and Infrastructure Ltd

Tidewater Midstream and Infrastructure Ltd

TWM · TO · Energy / Oil & Gas Midstream

26.63CAD+0.60 (+2.31%)

Price History

Full chart

Market Stats

Previous Close26.03
Open25.98
Day Range25.79 – 26.80
52-Week Range4.49 – 25.28
Volume137.47K
Market Cap533.04M
P/E (TTM)0.00
Forward P/E5.95
EPS-3.52
Dividend Yield0.00%
Beta0.72
50-Day Avg21.85
200-Day Avg13.94

About

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, sells, stores and blends both NGLs and crude oil. The company was incorporated in 2015 and is headquartered in Calgary, Canada.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Jeremy R. Baines
  • Employees312
  • Headquarters222 ? 3rd Avenue S.W., Calgary, AB, Canada, T2P 0B4, Canada
  • Websitehttps://www.tidewatermidstream.com

Leadership

  • Mr. Jeremy R. BainesCEO & Director · b. 1970
  • Mr. Ian QuartlyChief Financial Officer
  • Mr. Shawn HeaneyExecutive Vice President of Planning & Strategy
  • Mr. Jared Ian-Arling-Strom GurevitchExecutive Vice President of Midstream Commercial
  • Mr. Matthew Whitfield MillardExecutive Vice President of Downstream Operations
  • Mr. Collin IntraterExecutive VP, Chief Legal Officer & Corporate Secretary
  • Mr. Peter DykstraExecutive Vice President of Downstream Commercial
  • Mr. Steven ReisingerExecutive Vice President of Midstream Operations

Financials

Income Statement

Currency: CAD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue21.56M109.94M221.79M324.29M692.27M979.41M1.70B2.88B2.21B1.64B1.32B
Growth (%)-+409.85%+101.73%+46.22%+113.47%+41.48%+73.41%+69.29%-23.19%-25.71%-19.63%
Cost of Revenue11.57M80.25M177.03M285.91M670.67M905.30M1.61B2.73B2.15B1.53B1.35B
Gross Profit9.99M29.68M44.76M38.38M21.59M74.11M85.34M147.00M59.60M107.40M-28.90M
Gross Margin46.33%27.00%20.18%11.83%3.12%7.57%5.02%5.11%2.70%6.55%-2.19%
Operating Expense3.78M10.96M15.34M17.29M22.94M25.72M32.97M50.40M65.20M44.50M23.70M
Operating Income6.21M18.73M29.42M21.09M-1.35M48.39M52.37M96.60M-5.60M62.90M-52.60M
Operating Margin28.79%17.03%13.27%6.50%-0.19%4.94%3.08%3.36%-0.25%3.83%-3.99%
EBITDA10.90M34.41M48.52M84.86M63.88M95.52M247.31M191.60M-254.50M147.50M19.00M
EBITDA Margin50.53%31.30%21.88%26.17%9.23%9.75%14.56%6.66%-11.52%8.99%1.44%
Net Income8.47M15.13M12.86M20.32M-15.50M-35.18M71.50M18.90M-385.90M-26.60M-112.20M
Net Income Margin39.27%13.76%5.80%6.27%-2.24%-3.59%4.21%0.66%-17.47%-1.62%-8.51%
Interest Expense0311.00K734.00K10.88M29.54M70.83M72.66M69.10M98.90M77.40M60.30M
Interest Expense % of Total Revenue0.00%0.28%0.33%3.35%4.27%7.23%4.28%2.40%4.48%4.72%4.57%

Balance Sheet

Currency: CAD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets298.32M580.43M934.62M1.23B2.03B1.86B1.97B2.27B1.60B1.24B1.11B
Total Liabilities89.51M205.51M493.21M775.94M1.58B1.43B1.33B1.53B1.26B908.00M888.20M
Total Equity208.80M374.92M441.41M452.70M448.65M426.74M616.66M703.30M305.90M290.60M182.20M
Cash372.00K8.01M52.49M5.97M5.79M9.93M15.81M17.00M100.00K100.00K1.10M
Total Debt30.80M50.00M181.71M347.21M1.01B1.04B889.71M917.30M373.50M572.80M574.70M
Net Debt30.43M41.99M129.21M341.24M1.01B1.03B873.90M900.30M373.40M557.90M573.60M

Cash Flow

Currency: CAD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.26M22.65M84.12M25.66M91.52M205.57M126.70M242.90M137.50M-33.50M10.80M
Investing Cash Flow-225.31M-98.42M-217.88M-237.27M-729.67M-100.23M19.80M-279.60M14.30M293.40M5.70M
Financing Cash Flow231.94M83.41M178.24M165.09M637.97M-101.20M-140.60M37.90M-168.70M-259.90M-15.50M
Capital Expenditure3.38M49.56M144.28M315.73M481.28M70.97M116.85M349.30M292.60M44.90M22.60M
Free Cash Flow-9.64M-26.91M-60.16M-290.07M-389.76M134.61M9.85M-106.40M-155.10M-78.40M-11.80M
Dividends Paid1.75M10.22M12.71M13.17M13.28M13.52M13.58M14.50M17.00M00
FCF to OCF153.95%-118.79%-71.51%-1130.66%-425.87%65.48%7.78%-43.80%-112.80%234.03%-109.26%
Dividend Paid to FCF-18.12%-37.99%-21.13%-4.54%-3.41%10.04%137.82%-13.63%-10.96%0.00%0.00%

Earnings

Report DateJun 2, 2015Aug 27, 2015Nov 17, 2015Mar 30, 2016May 26, 2016Aug 15, 2016Nov 15, 2016Mar 30, 2017May 15, 2017Aug 10, 2017Nov 14, 2017Mar 29, 2018May 14, 2018Aug 9, 2018Nov 13, 2018Mar 14, 2019May 14, 2019Aug 13, 2019Nov 13, 2019Mar 12, 2020May 14, 2020Aug 13, 2020Nov 12, 2020Mar 11, 2021May 13, 2021Aug 5, 2021Nov 4, 2021Mar 10, 2022May 12, 2022Aug 11, 2022Nov 10, 2022Mar 9, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Mar 14, 2024May 9, 2024Aug 15, 2024Nov 14, 2024Mar 12, 2025May 8, 2025Aug 14, 2025Nov 13, 2025Mar 26, 2026May 7, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate--0.120.220.010.150.240.220.020.370.430.400.020.470.260.170.010.250.080.140.010.530.300.410.030.800.500.810.030.660.900.750.030.36-0.13-0.01-0.020.15-0.40-0.60--0.92-0.80-0.40-0.320.220.380.74
EPS Actual-0.01-0.560.510.020.070.260.200.010.400.300.010.010.350.20-0.000.04-0.40-0.200.60-0.04-2.400.40-0.090.020.40-0.74-0.14-0.010.390.790.95-0.070.63-0.91-0.30-0.78-0.43-0.20-0.43-0.01-1.47-1.14-1.17-1.080.441.69-
Surprise--366.67%131.82%100.00%-53.33%8.33%-9.09%-50.00%8.11%-30.23%-97.50%-50.00%-25.53%-23.08%-101.76%300.00%-260.00%-350.00%328.57%-500.00%-552.83%33.33%-121.95%-33.33%-50.00%-248.00%-117.28%-133.33%-40.91%-12.22%26.67%-333.33%75.00%-600.00%-2900.00%-3800.00%-386.67%50.00%28.33%--59.78%-42.50%-192.50%-237.50%100.00%344.74%-
TimingAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap533.04M
Enterprise Value1.07B
Trailing P/E0.00
Forward P/E5.95
Price / Sales0.33
Price / Book3.10
EPS-3.52
Book Value7.86
Revenue (TTM)1.61B
Gross Profit (TTM)192.50M
EBITDA47.50M
Profit Margin-4.75%
Operating Margin3.64%
Return on Equity-29.70%
Return on Assets-0.92%
Shares Outstanding21.94M
Shares Float14.32M
Beta0.72
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio200.00%

Dividends

20233×
0.20Sep 28, 20230.20Jun 29, 20230.20Mar 30, 2023
20224×
0.20Dec 29, 20220.20Sep 28, 20220.20Jun 29, 20220.20Mar 30, 2022
20214×
0.20Dec 30, 20210.20Sep 28, 20210.20Jun 29, 20210.20Mar 30, 2021
20204×
0.20Dec 30, 20200.20Sep 29, 20200.20Jun 29, 20200.20Mar 30, 2020
20194×
0.20Dec 30, 20190.20Sep 27, 20190.20Jun 27, 20190.20Mar 28, 2019
20184×
0.20Dec 28, 20180.20Sep 27, 20180.20Jun 28, 20180.20Mar 28, 2018
20171×
0.20Dec 28, 2017

Stock Splits

  • Sep 2, 20251:20