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Tidewater Midstream and Infrastructure Ltd.TSX:TWM Stock Report

Market Cap CA$297.5m
Share Price
CA$14.15
CA$9
57.2% overvalued intrinsic discount
1Y157.3%
7D20.3%
Portfolio Value
View

Tidewater Midstream and Infrastructure Ltd.

TSX:TWM Stock Report

Market Cap: CA$297.5m

Tidewater Midstream and Infrastructure (TWM) Stock Overview

Tidewater Midstream and Infrastructure Ltd. More details

TWM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for TWM from our risk checks.

TWM Community Fair Values

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Tidewater Midstream and Infrastructure Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tidewater Midstream and Infrastructure
Historical stock prices
Current Share PriceCA$14.15
52 Week HighCA$14.32
52 Week LowCA$3.30
Beta0.59
1 Month Change59.53%
3 Month Change146.95%
1 Year Change157.27%
3 Year Change-18.68%
5 Year Change-33.25%
Change since IPO-54.35%

Recent News & Updates

TWM: Lower Discount Rate Will Inflate Pessimistic Future Pricing Expectations

Analysts lifted their CA$ price targets for Tidewater Midstream and Infrastructure by CA$3.60, citing updated assumptions around fair value, discount rates, growth, margins and future P/E multiples that collectively support a higher valuation range. Analyst Commentary Recent research points to a cluster of higher CA$ price targets and at least one rating upgrade, which together signal a shift in how the market is framing Tidewater Midstream and Infrastructure's potential valuation range.

TWM: Higher Brazeau Volumes And Rich P/E Will Shape Future Returns

Tidewater Midstream and Infrastructure’s updated analyst price target has moved from CA$4.50 to CA$9.00, supported by recent target increases from multiple firms and a shift to Sector Perform. Together these changes reflect analysts’ revised views on discount rates, profit margin assumptions and future P/E expectations.

TWM: Rich P/E And Fixed Fee Brazeau Contracts Will Cap Upside

Analysts have maintained their CA$ price target for Tidewater Midstream and Infrastructure, with small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this steady view. What's in the News Tidewater Midstream and Infrastructure entered into long term agreements for gas handling and NGL supply and fractionation at its Brazeau River Complex in central Alberta, covering processing and marketing arrangements for multiple products (Key Developments).

Recent updates

TWM: Lower Discount Rate Will Inflate Pessimistic Future Pricing Expectations

Analysts lifted their CA$ price targets for Tidewater Midstream and Infrastructure by CA$3.60, citing updated assumptions around fair value, discount rates, growth, margins and future P/E multiples that collectively support a higher valuation range. Analyst Commentary Recent research points to a cluster of higher CA$ price targets and at least one rating upgrade, which together signal a shift in how the market is framing Tidewater Midstream and Infrastructure's potential valuation range.

TWM: Higher Brazeau Volumes And Rich P/E Will Shape Future Returns

Tidewater Midstream and Infrastructure’s updated analyst price target has moved from CA$4.50 to CA$9.00, supported by recent target increases from multiple firms and a shift to Sector Perform. Together these changes reflect analysts’ revised views on discount rates, profit margin assumptions and future P/E expectations.

TWM: Rich P/E And Fixed Fee Brazeau Contracts Will Cap Upside

Analysts have maintained their CA$ price target for Tidewater Midstream and Infrastructure, with small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this steady view. What's in the News Tidewater Midstream and Infrastructure entered into long term agreements for gas handling and NGL supply and fractionation at its Brazeau River Complex in central Alberta, covering processing and marketing arrangements for multiple products (Key Developments).

TWM: Rich P/E And Fixed Fee Contracts Will Limit Future Upside

Analysts have lifted their CA$ price target on Tidewater Midstream and Infrastructure, pointing to updated assumptions that include a different discount rate, slightly adjusted revenue growth and profit margin expectations, and a revised future P/E of 13.68x as the key drivers of the change. What's in the News Tidewater Midstream and Infrastructure entered into long term agreements for gas handling and NGL supply and fractionation at its Brazeau River Complex in central Alberta, covering both renewed and newly contracted volumes.

TWM: Rich P E And Legal Overhang Will Restrain Future Upside

Analysts have adjusted their price target on Tidewater Midstream and Infrastructure to CA$4.50, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions, while keeping their fair value estimate steady at CA$4.50. What's in the News Tidewater Midstream and Infrastructure entered long term agreements for gas handling and NGL supply and fractionation at its Brazeau River Complex in central Alberta, covering up to 75 MMcf/d of natural gas volumes for an initial term of about five years, with potential evergreen continuation (company announcement).

TWM: Sector Downgrade And Rich P E Assumptions Will Constrain Upside

Analysts have reset their outlook on Tidewater Midstream and Infrastructure with a C$6.00 price target, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E following a recent downgrade to Sector Perform. Analyst Commentary Bearish analysts are signaling a more cautious stance on Tidewater Midstream and Infrastructure after the recent reset to a Sector Perform rating with a C$6.00 price target.

TWM: Sector Downgrade And Execution Risk Will Likely Restrain Future Upside

Analysts have trimmed their price target on Tidewater Midstream and Infrastructure to C$6.00, reflecting updated assumptions around discount rate, revenue growth, profit margins, and future P/E after a recent downgrade to Sector Perform. Analyst Commentary Bearish analysts have framed the new C$6.00 target as a reset that brings expectations closer to what they see as a more balanced risk and reward profile for Tidewater Midstream and Infrastructure.

Health Check: How Prudently Does Tidewater Midstream and Infrastructure (TSE:TWM) Use Debt?

Jan 10
Health Check: How Prudently Does Tidewater Midstream and Infrastructure (TSE:TWM) Use Debt?

TWM: Neutral Ratings And Legal Dispute Will Likely Cap Future Upside

Analysts have adjusted their view on Tidewater Midstream and Infrastructure following mixed Street research, with one firm moving its target to C$7 from C$6 while another sets C$6 and shifts to a more neutral stance. This range feeds into our updated price target narrative, which is built on tweaked revenue growth, profit margin and future P/E assumptions.

TWM: Rising Multiple Will Likely Outpace Slowing Profitability Ahead

Analysts modestly raised their price target on Tidewater Midstream and Infrastructure to C$7.00 from C$6.00, citing a higher assessed fair value. This comes despite trimming long term revenue growth and margin expectations, as well as applying a slightly higher discount rate and future earnings multiple.

Low-carbon Fuel Momentum Will Energize Western Canadian Markets

Tidewater Midstream and Infrastructure’s consensus analyst price target has surged, likely reflecting reduced valuation multiples and steady profitability, with fair value increasing from CA$0.31 to CA$6.20. What's in the News Announced a 1-for-20 stock split effective September 2.

A Look At The Intrinsic Value Of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM)

May 06
A Look At The Intrinsic Value Of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM)
User avatar

BC Mandates And Ram River Gas Processing Will Secure Stability

Increased renewable diesel demand, alongside duties on U.S. imports, could enhance Tidewater's revenue and market stability.

Earnings Update: Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Just Reported And Analysts Are Trimming Their Forecasts

Apr 01
Earnings Update: Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Just Reported And Analysts Are Trimming Their Forecasts

Is Tidewater Midstream and Infrastructure (TSE:TWM) Using Debt In A Risky Way?

Sep 23
Is Tidewater Midstream and Infrastructure (TSE:TWM) Using Debt In A Risky Way?

Estimating The Fair Value Of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM)

Aug 13
Estimating The Fair Value Of Tidewater Midstream and Infrastructure Ltd. (TSE:TWM)

Is Tidewater Midstream and Infrastructure (TSE:TWM) Using Debt In A Risky Way?

Mar 19
Is Tidewater Midstream and Infrastructure (TSE:TWM) Using Debt In A Risky Way?

Tidewater Midstream and Infrastructure (TSE:TWM) Use Of Debt Could Be Considered Risky

Sep 01
Tidewater Midstream and Infrastructure (TSE:TWM) Use Of Debt Could Be Considered Risky

Tidewater Midstream and Infrastructure (TSE:TWM) Has Announced A Dividend Of CA$0.01

Jun 27
Tidewater Midstream and Infrastructure (TSE:TWM) Has Announced A Dividend Of CA$0.01

Tidewater Midstream and Infrastructure's (TSE:TWM) Dividend Will Be CA$0.01

Mar 28
Tidewater Midstream and Infrastructure's (TSE:TWM) Dividend Will Be CA$0.01

Is Tidewater Midstream and Infrastructure (TSE:TWM) A Risky Investment?

Mar 10
Is Tidewater Midstream and Infrastructure (TSE:TWM) A Risky Investment?

Need To Know: Analysts Are Much More Bullish On Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Revenues

Nov 16
Need To Know: Analysts Are Much More Bullish On Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) Revenues

Analysts Are Betting On Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) With A Big Upgrade This Week

Aug 12
Analysts Are Betting On Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) With A Big Upgrade This Week

Is There An Opportunity With Tidewater Midstream and Infrastructure Ltd.'s (TSE:TWM) 50% Undervaluation?

Aug 05
Is There An Opportunity With Tidewater Midstream and Infrastructure Ltd.'s (TSE:TWM) 50% Undervaluation?

Shareholder Returns

TWMCA Oil and GasCA Market
7D20.3%5.6%0.3%
1Y157.3%60.3%36.6%

Return vs Industry: TWM exceeded the Canadian Oil and Gas industry which returned 57.3% over the past year.

Return vs Market: TWM exceeded the Canadian Market which returned 33.8% over the past year.

Price Volatility

Is TWM's price volatile compared to industry and market?
TWM volatility
TWM Average Weekly Movement7.8%
Oil and Gas Industry Average Movement9.0%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market4.0%

Stable Share Price: TWM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TWM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015312Jeremy Baineswww.tidewatermidstream.com

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.

Tidewater Midstream and Infrastructure Ltd. Fundamentals Summary

How do Tidewater Midstream and Infrastructure's earnings and revenue compare to its market cap?
TWM fundamental statistics
Market capCA$297.49m
Earnings (TTM)-CA$112.20m
Revenue (TTM)CA$1.32b
0.2x
P/S Ratio
-2.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TWM income statement (TTM)
RevenueCA$1.32b
Cost of RevenueCA$1.28b
Gross ProfitCA$42.70m
Other ExpensesCA$154.90m
Earnings-CA$112.20m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 07, 2026

Earnings per share (EPS)-5.14
Gross Margin3.24%
Net Profit Margin-8.51%
Debt/Equity Ratio256.6%

How did TWM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 06:52
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tidewater Midstream and Infrastructure Ltd. is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Nathan HeywoodATB Cormark
Brent WatsonATB Cormark Historical (Cormark Securities)