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

Atb Cap Markets downgraded shares of Tidewater Midstream and Infrastructure (TSE:TWM) from a strong-buy rating to a moderate buy rating in a report released 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 brokerages have also weighed in on TWM. Acumen Capital reduced their price target on Tidewater Midstream and Infrastructure from C$1.10 to C$0.55 in a research note on Monday, August 19th. CIBC reduced their price target on shares of Tidewater Midstream and Infrastructure from C$0.40 to C$0.30 in a research report on Friday. 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. ATB Capital lowered their price target on shares of Tidewater Midstream and Infrastructure from C$1.10 to C$0.80 in a report on Friday, August 16th. Finally, Scotiabank lowered their price objective on Tidewater Midstream and Infrastructure from C$0.45 to C$0.30 in a research note on Friday. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, Tidewater Midstream and Infrastructure currently has a consensus rating of “Hold” and an average price target of C$0.64.

Tidewater Midstream and Infrastructure Stock Up 3.8 %

TWM stock opened at C$0.14 on Friday. Tidewater Midstream and Infrastructure has a 12 month low of C$0.12 and a 12 month high of C$1.08. 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 company’s 50 day simple moving average is C$0.28 and its 200-day simple moving average is C$0.46. The firm has a market capitalization of C$58.06 million, a PE ratio of -0.15, a P/E/G ratio of 0.64 and a beta of 1.67.

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.