Tidewater Midstream and Infrastructure (TSE:TWM) Stock Rating Lowered by Atb Cap Markets

Tidewater Midstream and Infrastructure (TSE:TWM) was downgraded by investment analysts at Atb Cap Markets from a “strong-buy” rating to a “moderate buy” rating in a report issued 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 TWM. Acumen Capital reduced their target price on Tidewater Midstream and Infrastructure from C$1.10 to C$0.55 in a report on Monday, August 19th. Scotiabank dropped their price target on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research report on Friday. ATB Capital dropped their price target on Tidewater Midstream and Infrastructure from C$1.10 to C$0.80 in a research report on Friday, August 16th. CIBC dropped their price target on Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a research report on Friday. Finally, National Bank Financial cut Tidewater Midstream and Infrastructure from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 18th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$0.64.

Tidewater Midstream and Infrastructure Trading Up 4.0 %

TSE:TWM opened at C$0.13 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 158.54. The business’s 50 day moving average is C$0.28 and its two-hundred day moving average is C$0.46. Tidewater Midstream and Infrastructure has a 52 week low of C$0.12 and a 52 week high of C$1.08. The company has a market cap of C$55.91 million, a PE ratio of -0.15, a P/E/G ratio of 0.64 and a beta of 1.67.

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

About Tidewater Midstream and Infrastructure

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.