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Tidewater Midstream and Infrastructure Ltd (TWM) Fair Value & Analysis

Energy · CA · Market cap C$375M

TM Tidewater Midstream and Infrastructure Ltd TWM · TO
PriceC$16.73
Fair ValueC$15.01
Upside-10.3%
Quality90/100
Evidence: Low Range C$11.26 – C$18.77

Fair value as of: Jun 24, 2026

From 3 valuation models · updated 6 days ago

Share price +1.7% over the past month.

Price vs Fair Value (12 months)

C$92.89 C$4.34 Fair Value C$15.01 Jun 2025 Jun 2026

12‑month range C$4.34 – C$92.89 · fair‑value band C$11.26 – C$18.77 · the C$16.73 price screens above the C$15.01 fair value. As of Jun 24, 2026.

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Analysis

Tidewater Midstream and Infrastructure Ltd (TWM) currently trades at C$16.73, while our model-based Fair Value estimate is C$15.01 — implying the stock looks roughly 10.3% overvalued today. We read business quality at 90/100 (high quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, Tidewater Midstream and Infrastructure Ltd generated revenue of C$1.4B at a net margin of -7.7%. Revenue grew 24.4% year over year. It earns a return on equity of -41.9%. Net debt stands at C$574M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$1.4B
Revenue growth (YoY) +24.4%
Net margin -7.7%
Return on equity -41.9%
Free cash flow −C$11.8M FY2025
Operating margin -1.5%
More key figures
EPS (TTM) C$-4.96
EPS growth (YoY) -74.6%
Net debt C$574M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Tidewater Midstream and Infrastructure Ltd. operates as a downstream, midstream, and infrastructure company in Western Canada and the United States. It primarily focuses on processing natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services, as well as refining of light oil. The company also engages in the sale of refined products, including low sulfur diesel, renewable diesel, and gasoline; natural gas, NGL extraction, as well as renewable fuels and emissions credits; and purchases, transports, sells, stores and blends both NGLs and crude oil. The company was incorporated in 2015 and is headquartered in Calgary, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tidewater Midstream and Infrastructure Ltd reported revenue of C$1.3B in FY2025 versus C$1.7B in FY2021, a compound −6.1%/yr. Reported net income was −C$112M in FY2025.

Revenue −6.1%/yr
FY21 C$1.7B
FY22 C$2.9B
FY23 C$2.2B
FY24 C$1.6B
FY25 C$1.3B
Net income
FY21 C$71.5M
FY22 C$18.9M
FY23 −C$386M
FY24 −C$26.6M
FY25 −C$112M

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Similar stocks

6 more Oil & Gas Midstream stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Enbridge Inc ENB $54.80 $37.24 -32%
The Williams Companies, Inc WMB $75.79 $12.03 -84%
Enterprise Products Partners L.P. EPD $36.42 $22.16 -39%
TC Energy Corporation TRP $68.78 $34.72 -50%
Kinder Morgan, Inc KMI $32.25 $14.27 -56%
Energy Transfer LP, ET $18.75 $6.53 -65%

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Frequently asked questions

Is Tidewater Midstream and Infrastructure Ltd (TWM) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$15.01 versus a price of C$16.73 — about −10% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TWM?
Our 21-model fair value for Tidewater Midstream and Infrastructure Ltd is C$15.01 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$16.73.
What is the quality score of TWM?
Tidewater Midstream and Infrastructure Ltd has a Quality Score of 90/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tidewater Midstream and Infrastructure Ltd (TWM)?
Tidewater Midstream and Infrastructure Ltd reported trailing-twelve-month revenue of about C$1.4B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TWM?
The net profit margin of Tidewater Midstream and Infrastructure Ltd is about -7.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.