Tidewater Midstream and Infrastructure (TWMIF) Expected to Post Quarterly Earnings on Thursday

Tidewater Midstream and Infrastructure (OTCMKTS:TWMIF) is expected to be posting its results before the market opens on Thursday, August 13th. Analysts expect the company to post earnings of $0.7510 per share and revenue of $270.4950 million for the quarter.

Tidewater Midstream and Infrastructure Stock Up 2.8%

Tidewater Midstream and Infrastructure stock opened at $15.24 on Wednesday. Tidewater Midstream and Infrastructure has a 52 week low of $2.98 and a 52 week high of $15.55. The business’s 50-day moving average price is $13.04 and its 200 day moving average price is $9.41.

Analyst Ratings Changes

Several research firms have commented on TWMIF. Royal Bank Of Canada restated a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a research report on Friday, May 8th. Scotiabank reaffirmed a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

About Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Ltd., trading OTCMKTS under the symbol TWMIF, is a Calgary-based energy infrastructure company specializing in midstream services. The company owns and operates a network of natural gas gathering systems, processing plants and liquids handling facilities. Its core activities include the processing of raw natural gas into marketable products, the transportation of natural gas liquids (NGLs) and condensate, and the storage and marketing of hydrocarbon products.

Operating primarily in the Western Canadian Sedimentary Basin, Tidewater Midstream serves oil and gas producers across Alberta and Saskatchewan.