Scotiabank Has Positive Estimate for TSE:TWM FY2026 Earnings

Tidewater Midstream and Infrastructure Ltd. (TSE:TWM) – Analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Tidewater Midstream and Infrastructure in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst R. Hope now anticipates that the company will post earnings of ($3.81) per share for the year, up from their prior forecast of ($4.05). Scotiabank has a “Sector Perform” rating and a $21.00 price target on the stock. The consensus estimate for Tidewater Midstream and Infrastructure’s current full-year earnings is $0.02 per share.

Several other brokerages also recently issued reports on TWM. Royal Bank Of Canada upgraded Tidewater Midstream and Infrastructure from a “hold” rating to a “moderate buy” rating in a research report on Sunday, August 16th. Scotia lifted their target price on Tidewater Midstream and Infrastructure from C$21.00 to C$26.00 and gave the company a “sector perform” rating in a research note on Friday, August 14th. ATB Cormark Capital Markets lifted their target price on Tidewater Midstream and Infrastructure from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Friday, October 23rd. Finally, National Bank Financial boosted their price target on Tidewater Midstream and Infrastructure from C$25.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$24.00.

Tidewater Midstream and Infrastructure Stock Performance

TWM opened at C$22.76 on Monday. The business’s 50 day moving average is C$23.04 and its 200-day moving average is C$15.42. The stock has a market cap of C$499.26 million, a PE ratio of -6.47, a price-to-earnings-growth ratio of 0.64 and a beta of -0.19. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 309.29. Tidewater Midstream and Infrastructure has a twelve month low of C$4.49 and a twelve month high of C$26.59.

Tidewater Midstream and Infrastructure (TSE:TWM) last posted its earnings results on Thursday, August 13th. The company reported C$0.56 EPS for the quarter. Tidewater Midstream and Infrastructure had a negative net margin of 4.75% and a negative return on equity of 42.19%. The firm had revenue of C$552.10 million during the quarter.

Tidewater Midstream and Infrastructure Company Profile

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities.