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Tidewater Midstream and Infrastructure (TSE:TWM)
TSX:TWM
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.01Same Quarter Last Year
Moderate Sell
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -25.00%
|Next Earnings Date:Aug 14, 2025
Earnings Call Sentiment|Negative
The overall sentiment of the call reflects a challenging quarter with significant financial losses and operational difficulties, such as reduced throughput and lower margins. However, there are positive developments, such as strategic acquisitions and improved margins in the renewable diesel segment. Despite the challenges, the company is actively working on improving liquidity and cost structures.Company Guidance
During the Tidewater Midstream and Infrastructure Limited Q1 2025 Conference Call, the company outlined several key performance metrics and strategic initiatives. The Prince George Refinery (PGR) experienced a throughput average of 9,936 barrels per day, marking a 9% decrease from the previous quarter and a 20% drop from Q1 2024. Additionally, the HDRD facility reported an average throughput of 2,239 barrels per day, slightly up from the previous year but down compared to Q4 2024. The Brazeau River complex's gas processing throughput was 94 million cubic feet per day, a decline from previous quarters. Financially, Tidewater reported a consolidated net loss attributable to shareholders of $31.8 million, a significant increase from the $11.3 million loss in the same period last year. The company's adjusted EBITDA was negative $3.7 million, primarily due to lower refined product sales and margins. To mitigate these challenges, Tidewater announced the acquisition of the Western Pipeline segment, which is expected to lower feedstock costs and improve operational efficiency. Despite a setback with the Canadian International Trade Tribunal regarding renewable diesel imports, Tidewater remains focused on improving its cost structure and utilization, aiming to leverage new regulations for better margins. The company also continues to advance its noncore asset sales program to enhance liquidity and reduce leverage.Acquisition of Western Pipeline
Tidewater announced an agreement to purchase the North segment of Pembina's Western Pipeline, expected to provide reliable and lower-cost feedstock for the Prince George Refinery.
Increased Margins for Renewable Diesel
Improvement in margins due to Canadian renewable blend requirements, BC LCFS regulations, and increased California LCFS and D4 RIN prices.
Non-Core Asset Sales and Debt Repayment
Completed the sale of the BRC Roadway network for $24 million, using $22.5 million to repay debt, and progressing with further non-core asset sales.
Tidewater Midstream and Infrastructure (TSE:TWM) Earnings, Revenues Date & History
TSE:TWM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:TWM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | C$0.28 | C$0.21 | -25.00% |
Mar 27, 2025 | C$0.22 | C$0.25 | +13.64% |
Nov 14, 2024 | C$0.23 | C$0.12 | -47.83% |
Aug 15, 2024 | C$0.57 | C$0.34 | -40.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tidewater Midstream and Infrastructure (TSE:TWM) report earnings?
Tidewater Midstream and Infrastructure (TSE:TWM) is schdueled to report earning on Aug 14, 2025, TBA Not Confirmed.
What is Tidewater Midstream and Infrastructure (TSE:TWM) earnings time?
Tidewater Midstream and Infrastructure (TSE:TWM) earnings time is at Aug 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TWM EPS forecast?
TSE:TWM EPS forecast for the fiscal quarter 2025 (Q2) is -0.03.