Tidewater Midstream and Infrastructure (TSE:TWM) Cut to Moderate Buy at Atb Cap Markets

Atb Cap Markets lowered shares of Tidewater Midstream and Infrastructure (TSE:TWM) from a strong-buy rating to a moderate buy rating in a research report report published on Friday,Zacks.com reports. Atb Cap Markets also issued estimates for Tidewater Midstream and Infrastructure’s Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

A number of other research analysts also recently commented on the stock. Acumen Capital lowered their price target on shares of Tidewater Midstream and Infrastructure from C$1.10 to C$0.55 in a report on Monday, August 19th. Scotiabank dropped their target price on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a report on Friday. ATB Capital decreased their price target on Tidewater Midstream and Infrastructure from C$1.10 to C$0.80 in a report on Friday, August 16th. National Bank Financial downgraded Tidewater Midstream and Infrastructure from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 18th. Finally, CIBC cut their price objective on shares of Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a research report on Friday. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$0.64.

Tidewater Midstream and Infrastructure Trading Up 4.0 %

TWM stock opened at C$0.13 on Friday. The company has a debt-to-equity ratio of 158.54, a current ratio of 0.63 and a quick ratio of 0.55. The business has a 50 day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.46. Tidewater Midstream and Infrastructure has a 1-year low of C$0.12 and a 1-year high of C$1.08. The company has a market capitalization of C$55.91 million, a price-to-earnings ratio of -0.15, a PEG ratio of 0.64 and a beta of 1.67.

Tidewater Midstream and Infrastructure (TSE:TWM) last released its quarterly earnings results on Thursday, August 15th. The company reported C($0.01) earnings per share for the quarter. Tidewater Midstream and Infrastructure had a negative net margin of 18.67% and a negative return on equity of 71.39%. The firm had revenue of C$461.30 million for the quarter. Research analysts anticipate that Tidewater Midstream and Infrastructure will post 0.0199855 EPS for the current fiscal year.

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.