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TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

June 24, 2022 via NewsWire Tagged With: TSX:TWM

CALGARY, AB, June 24, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Company“) (TSX: TWM) is pleased to announce that at the annual general and special meeting held in Calgary, Alberta on June 23, 2022 (the “Meeting“) holders of common shares of Tidewater: (i) elected Joel MacLeod, Douglas Fraser, Margaret A. (Greta) Raymond, Robert Colcleugh, ‎Michael Salamon, Neil McCarron and Gail Yester‎ to the Board of Directors; (ii) re-appointed Deloitte LLP, as Tidewater’s auditors; (iii) approved the unallocated restricted share units under the Corporation’s restricted share unit plan; and (iv) passed the … Continue Reading

TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. EXTENDS CREDIT FACILITY REFINANCING TERMS

June 23, 2022 via NewsWire Tagged With: TSX:TWM

CALGARY, AB, June 23, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Company“) (TSX: TWM) along with its senior secured lenders have agreed to extend its previously disclosed deadline to refinance its unsecured notes payable and second lien term loan from June 30, 2022 to July 31, 2022 (the “Refinancing Transaction“) in order to support its current refinancing plans. Refinancing Transaction details will be disclosed upon finalization of the terms.

Tidewater’s business continues to outperform its initial forecasts due to higher refining margins and increased midstream volumes.

The Company is working with its senior secured lenders … Continue Reading

Tidewater announces second quarter 2022 dividend

June 22, 2022 via NewsWire Tagged With: TSX:TWM

CALGARY, AB, June 22, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater“) (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the second quarter 2022 of $0.01 per common share payable on or about July 31, 2022 to shareholders of record on June 30, 2022. The ex-dividend date is June 29, 2022. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).

About Tidewater

Tidewater is traded on the TSX under the symbol “TWM”. Tidewater’s business objective is to build a diversified … Continue Reading

TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES FIRST QUARTER 2022 RESULTS AND OPERATIONAL UPDATE

May 12, 2022 via NewsWire Tagged With: TSX:TWM

CALGARY, AB, May 12, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream” or the “Corporation“) (TSX: TWM) has filed its condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A“) for the three months ended March 31, 2022.

FIRST-QUARTER 2022 HIGHLIGHTS
  • Tidewater Midstream delivered its twelfth consecutive quarter of consolidated Adjusted EBITDA growth generating $57.4 million in the first quarter of 2022, representing an approximate increase of 12% compared to the first quarter of 2021. Net income attributable to shareholders was $41.2 million for the first quarter of 2022 as compared to net income attributable
  • … Continue Reading

    Tidewater announces first quarter 2022 dividend

    March 24, 2022 via NewsWire Tagged With: TSX:TWM

    CALGARY, AB, March 24, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater“) (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the first quarter 2022 of $0.01 per common share payable on or about April 29, 2022 to shareholders of record on March 31, 2022. The ex-dividend date is March 30, 2022. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).

    About Tidewater

    Tidewater is traded on the TSX under the symbol “TWM”. Tidewater’s business objective is to build a diversified … Continue Reading

    TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES FOURTH QUARTER 2021 RESULTS AND OPERATIONAL UPDATE

    March 10, 2022 via NewsWire Tagged With: TSX:TWM

    CALGARY, AB, March 10, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream” or the “Corporation“) (TSX: TWM) is pleased to announce that it has filed its annual consolidated financial statements and Management’s Discussion and Analysis (“MD&A“) for the year ended December 31, 2021.

    FOURTH-QUARTER 2021 HIGHLIGHTS

  • 2021 was a year of solid execution for Tidewater Midstream. The Corporation delivered 2021 annual consolidated Adjusted EBITDA(1) of $210.4 million, a 17% increase from 2020 of $179.8 million. Net income attributable to shareholders also increased significantly in 2021 to $71.5 million from a net loss in 2020
  • … Continue Reading

    Tidewater Midstream and Infrastructure Ltd. Releases its Inaugural ESG Report

    March 7, 2022 via NewsWire Tagged With: TSX:TWM

    CALGARY, AB, March 7, 2022 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream” or the “Corporation”) (TSX: TWM) is pleased to announce the release of its inaugural ESG Report summarizing the Corporation’s performance on several key environmental, social and governance (“ESG”) topics and highlighting its commitment to responsible energy development.

    “Tidewater Midstream is excited about our role within the energy industry to reliably and cost-effectively deliver sustainable energy solutions across North America,” said Joel MacLeod, Chairman and Chief Executive Officer. “We recognize that we are in the early stages of our ESG journey and have more … Continue Reading

    Tidewater Announces Fourth Quarter 2021 Dividend

    December 22, 2021 via NewsWire Tagged With: TSX:TWM

    CALGARY, AB, Dec. 22, 2021 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation”) (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the fourth quarter 2021 of $0.01 per common share payable on or about January 31, 2022 to shareholders of record on December 31, 2021. The ex-dividend date is December 30, 2021. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).

    About Tidewater

    Tidewater is traded on the TSX under the symbol “TWM”. Tidewater’s business objective is to … Continue Reading

    Tidewater Midstream and Infrastructure Ltd. Announces Third Quarter 2021 Results and Operational Update

    November 4, 2021 via NewsWire Tagged With: TSX:TWM

    CALGARY, AB, Nov. 4, 2021 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream” or the “Corporation“) (TSX: TWM) is pleased to announce that it has filed its condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A“) for the three and nine month periods ended September 30, 2021.

    THIRD-QUARTER 2021 FINANCIAL PERFORMANCE

    Highlights

  • Tidewater Midstream delivered its tenth consecutive quarter of consolidated Adjusted EBITDA growth. This performance continues to highlight the resiliency and stability of the Corporation’s integrated business model as the Corporation continues to grow in the renewable energy sector with the creation of Tidewater
  • … Continue Reading

    Tidewater announces third quarter 2021 dividend

    September 23, 2021 via NewsWire Tagged With: TSX:TWM

    CALGARY, AB, Sept. 23, 2021 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation“) (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the third quarter 2021 of $0.01 per common share payable on or about October 29, 2021 to shareholders of record on September 30, 2021.  The ex-dividend date is September 28, 2021. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).

    About Tidewater

    Tidewater is traded on the TSX under the symbol “TWM”. Tidewater’s business objective is to … Continue Reading

    Tidewater Midstream Announces the Closing of Exercise of Over-Allotment Option in Connection With the Initial Public ‎Offering of Tidewater Renewables

    September 15, 2021 via NewsWire Tagged With: TSX:TWM

    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

    CALGARY, AB, Sept. 15, 2021 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream“) (TSX: TWM) is pleased to announce that its majority-owned subsidiary, Tidewater Renewables Ltd. (“Tidewater Renewables” or the “Company“), has today announced that, further to Tidewater Renewables’ recently completed initial public offering (the “Offering“) of an aggregate of 10,000,000 common shares (the “Common Shares“) at a price of $15.00 per Common Share (the “Offering Price“), Tidewater Renewables has issued an additional 735,000  Common Shares at the Offering Price pursuant to the … Continue Reading

    Tidewater Midstream Announces Completion of Tidewater Renewables’ Initial Public Offering and Project Updates

    August 18, 2021 via NewsWire Tagged With: TSX:TWM

     /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

    CALGARY, AB, Aug. 18, 2021 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater Midstream“) (TSX: TWM) is pleased to announce that its majority-owned subsidiary, Tidewater Renewables Ltd. (“Tidewater Renewables” or the “Company“), has completed its initial public offering (the ‎‎”Offering“) of 10,000,000 common shares (“Common Shares“) at a ‎price of C$15.00 per Common Share, for total gross ‎proceeds of C$150,000,000‎.

    The Common Shares trade on the Toronto Stock Exchange under the symbol “LCFS”.‎

    Offering

    CIBC Capital Markets and National Bank Financial acted as … Continue Reading

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