Tidewater Midstream and Infrastructure Ltd. (TSE:TWM – Free Report) – Research analysts at Atb Cap Markets decreased their Q1 2024 earnings per share estimates for Tidewater Midstream and Infrastructure in a report issued on Tuesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their previous forecast of $0.01. The consensus estimate for Tidewater Midstream and Infrastructure’s current full-year earnings is $0.08 per share. Atb Cap Markets also issued estimates for Tidewater Midstream and Infrastructure’s FY2024 earnings at $0.04 EPS.
Tidewater Midstream and Infrastructure (TSE:TWM – Get Free Report) last announced its earnings results on Thursday, March 14th. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C($0.01) by C($0.03). Tidewater Midstream and Infrastructure had a negative net margin of 17.48% and a negative return on equity of 73.46%. The firm had revenue of C$503.00 million for the quarter.
View Our Latest Stock Analysis on Tidewater Midstream and Infrastructure
Tidewater Midstream and Infrastructure Trading Up 2.7 %
Shares of TSE TWM opened at C$0.75 on Thursday. Tidewater Midstream and Infrastructure has a 12 month low of C$0.70 and a 12 month high of C$1.10. The company has a market cap of C$321.15 million, a price-to-earnings ratio of -0.82, a P/E/G ratio of 0.64 and a beta of 1.80. The company has a quick ratio of 0.55, a current ratio of 0.65 and a debt-to-equity ratio of 233.13. The business has a fifty day simple moving average of C$0.80 and a 200-day simple moving average of C$0.92.
Insider Buying and Selling
In other news, Senior Officer Jared Ian Arling Strom Gurevitch sold 50,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of C$0.77, for a total transaction of C$38,500.00. Company insiders own 6.42% of the company’s stock.
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.
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