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

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

Tidewater Midstream and Infrastructure Stock Up 1.3%

Shares of TWMIF opened at $14.84 on Tuesday. The stock has a 50 day moving average price of $12.99 and a 200 day moving average price of $9.33. Tidewater Midstream and Infrastructure has a 52-week low of $2.98 and a 52-week high of $15.55.

Analysts Set New Price Targets

TWMIF has been the subject of several recent analyst reports. Scotiabank restated a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a research report on Tuesday, July 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a research report on Friday, May 8th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average 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.