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Tidewater Midstream and Infrastructure Ltd (TWM.TO)

TWM.TO on Toronto Stock Exchange

1.29CAD
17 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Tidewater Midstream and Infrastructure Ltd announces third quarter results
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Tidewater Midstream and Infrastructure Ltd ::. ANNOUNCES THIRD QUARTER 2018 RESULTS AND OPERATIONAL UPDATE.QTRLY REVENUE $80.1 MILLION VERSUS $52 MILLION A YEAR AGO.QTRLY LOSS PER SHARE $0.00.Q3 EARNINGS PER SHARE VIEW C$0.01 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE VIEW C$55.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Tidewater Midstream And Infrastructure Qtrly Adjusted EBITDA Attributable To Shareholders $0.06 Per Share
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Tidewater Midstream and Infrastructure Ltd ::TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES SECOND QUARTER 2018 RESULTS, OPERATIONAL UPDATE AND TEN YEAR TAKE-OR-PAY AT PIPESTONE MONTNEY GAS PLANT.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - REITERATES ITS ANNUALIZED ADJUSTED EBITDA TARGET OF $80 MILLION FOR 2018.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD QTRLY ADJUSTED EBITDA ATTRIBUTABLE TO ITS SHAREHOLDERS $0.06 PER SHARE.  Full Article

Tidewater Midstream and Infrastructure Says Throughput At BRC Will Be Reduced In Q2 Of 2018
Thursday, 29 Mar 2018 

March 29 (Reuters) - Tidewater Midstream And Infrastructure Ltd ::TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES YEAR END 2017 RESULTS AND OPERATIONAL UPDATE.TIDEWATER MIDSTREAM AND INFRASTRUCTURE - EXPECTS TO COMMENCE PLANNED MAINTENANCE AND TURNAROUND OPERATIONS IN APRIL 2018 AT BRC.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - THROUGHPUT AT BRC WILL BE REDUCED IN Q2 OF 2018.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - REMAINS FOCUSED ON DELIVERING ABOUT 20% ANNUALIZED EBITDA/SHARE GROWTH OVER NEXT 24 MONTHS.TIDEWATER MIDSTREAM AND INFRASTRUCTURE - QTRLY ADJUSTED EBITDA PER COMMON SHARE - BASIC $0.05.  Full Article

Tidewater Midstream And Infrastructure Ltd Announces 6.75 Pct Senior Unsecured Note Offering
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Tidewater Midstream And Infrastructure Ltd ::TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES 6.75% SENIOR UNSECURED NOTE OFFERING AND AMENDMENT TO CREDIT FACILITY.TIDEWATER MIDSTREAM AND INFRASTRUCTURE - HAS AGREED TO ISSUE $125 MILLION OF 6.75% SENIOR UNSECURED NOTES DUE DEC 19, 2022,BY WAY OF PRIVATE PLACEMENT.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - ‍TIDEWATER HAS AMENDED ITS EXISTING CREDIT FACILITY TO ALLOW FOR PRIVATE PLACEMENT​.TIDEWATER MIDSTREAM AND INFRASTRUCTURE - TO USE NET PROCEEDS FOR NON-PERMANENT REPAYMENT OF INDEBTEDNESS UNDER CO'S EXISTING CREDIT FACILITY.  Full Article

Tidewater Midstream And Infrastructure Enters Into Agreement With Transalta
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Tidewater Midstream And Infrastructure Ltd ::TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ENTERS INTO AGREEMENT WITH TRANSALTA TO CONSTRUCT AN INTER-ALBERTA PIPELINE NETWORK SUPPORTED BY A 15 YEAR TAKE OR PAY, PROPOSED ISSUANCE OF SENIOR UNSECURED NOTES, ESCROW CLOSE OF DEEP BASIN AND MONTNEY REGION ACQUISITION AND CLOSING OF CREDIT FACILITY INCREASE.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - ‍TIDEWATER INTENDS TO ISSUE A PROPOSED PRIVATE PLACEMENT OF SENIOR UNSECURED NOTES​.TIDEWATER MIDSTREAM - ‍TIDEWATER TO USE NET PROCEEDS FOR ON-PERMANENT REPAYMENT OF INDEBTEDNESS UNDER TIDEWATER'S EXISTING CREDIT FACILITY​.TIDEWATER MIDSTREAM AND INFRASTRUCTURE-PIPELINE IS EXPECTED TO COST ABOUT $150 MILLION AND IS SUPPORTED BY A 15 YEAR TAKE OR PAY AGREEMENT WITH TRANSALTA.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - PIPELINE WILL PROVIDE INITIAL CAPACITY OF 130 MMCF/D BY 2020, AND HAVE EXPANSION CAPABILITY TO 340 MMCF/D.TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD - UNDER LOI, TRANSALTA HAS OPTION TO INVEST UP TO 50% IN PIPELINE..  Full Article

Tidewater Midstream and Infrastructure reports qtrly loss per share C$0.00‍​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Tidewater Midstream And Infrastructure Ltd :Tidewater Midstream and Infrastructure Ltd announces third quarter 2017 results and operational update.Tidewater Midstream and Infrastructure Ltd - qtrly total revenues C‍$53 million versus C$27 million​.Tidewater Midstream and Infrastructure Ltd - qtrly loss per share C$0.00‍​.Tidewater Midstream and Infrastructure Ltd- ‍remains on-time and on-budget on previously announced 2017 capital program​.Tidewater - ‍capital costs for Pipestone Montney Sour gas plant expected to be about $210 million with expected in service date of mid-2019​.Tidewater Midstream and Infrastructure Ltd - ‍plans to exit 2017 with annualized run-rate adjusted EBITDA of approximately $80 million​.Tidewater Midstream and Infrastructure Ltd - ‍focused on delivering approximately 20% annualized EBITDA per share growth over next 24 months​.Tidewater Midstream and Infrastructure Ltd - ‍"Q3 saw continued volatility in AECO gas price, restrictions on TransCanada pipelines Canadian mainline​".  Full Article

Tidewater Midstream and infrastructure raises credit facility and provides operational update
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Tidewater Midstream And Infrastructure Ltd ::Tidewater Midstream And Infrastructure Ltd. increases credit facility and provides operational update.Tidewater Midstream And Infrastructure - ‍ obtained conditional approval from banking syndicate to increase credit facility from $180 million to $250 million​.Tidewater Midstream And Infrastructure - ‍ right of first refusals been exercised by third party on previously announced $20 million wapiti pipeline deal.Tidewater Midstream And Infrastructure - co is revising its 2017 exit net debt guidance of $120 million down to $110 million​.  Full Article