Tidewater Renewables (TDWRF) to Release Quarterly Earnings on Thursday

Tidewater Renewables (OTCMKTS:TDWRF) is expected to issue its results before the market opens on Thursday, August 13th. Analysts expect Tidewater Renewables to post earnings of $0.3121 per share and revenue of $70.47 million for the quarter.

Tidewater Renewables Stock Performance

OTCMKTS:TDWRF opened at $10.12 on Wednesday. Tidewater Renewables has a twelve month low of $0.82 and a twelve month high of $11.61. The stock has a fifty day simple moving average of $9.56 and a 200-day simple moving average of $6.70.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Tidewater Renewables in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Tidewater Renewables Company Profile

Tidewater Renewables (OTCMKTS:TDWRF) is a Canada-based renewable fuels company engaged in the production and distribution of low-carbon energy products. Its primary asset is a renewable diesel facility located in Geismar, Louisiana, where the company converts a variety of feedstocks—such as canola oil, soybean oil, and animal fats—into renewable diesel, renewable hydrogen and glycerin byproducts. Tidewater also develops renewable natural gas (RNG) projects, leveraging organic waste streams to produce pipeline-quality methane for industrial and utility customers.

The company sources feedstocks through an integrated procurement network across North America, emphasizing traceability and sustainability.