Tidewater Midstream and Infrastructure Investor Relations Overview

Tidewater Midstream and Infrastructure is a leading provider of midstream and infrastructure services in North America, with a strong focus on natural gas liquids (NGLs) and crude oil.

The company has a robust investor relations program in place, designed to provide timely and accurate information to its investors and the broader market.

Tidewater Midstream and Infrastructure is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol TDW.

The company's investor relations program is overseen by a dedicated team, which is responsible for managing all aspects of investor engagement, including investor meetings, conference calls, and earnings releases.

Tidewater Midstream and Infrastructure Ltd. has announced several business transactions, including the director retirement of a key executive. This move is likely to have a significant impact on the company's leadership and direction.

A notable transaction was the announcement of Tidewater Renewables Ltd. completing its proposed transaction with Tidewater Midstream and refinancing or extending its credit facilities. This development suggests a strategic move to strengthen the company's financial position.

The company has also announced its third quarter 2024 results and operational update, providing investors with a snapshot of its current performance.

Tidewater Midstream has announced an upsize to its convertible debenture underwritten offering, which is now set at $87 million.

The company has granted the underwriters an option to purchase up to $13 million in additional debentures to cover over-allotments and market stabilization.

The terms of the offering and the use of proceeds will remain as previously disclosed, except for the upsize in the debenture amount.

Tidewater is traded on the TSX under the symbol “TWM”, and its business objective is to profitably grow and create shareholder value in the North American natural gas, natural gas liquids, crude oil, refined product, and renewable energy value chain.

The company operates downstream facilities, natural gas processing facilities, natural gas liquids infrastructure, pipelines, storage, and various renewable initiatives.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Tidewater Midstream & Infrastructure LP announced the sale of its assets to a subsidiary of ArcLight Capital Partners, LLC for $1.85 billion.

This sale is a significant transaction in the energy sector, marking a major shift in the company's ownership.

The sale includes Tidewater's natural gas liquids and crude oil gathering and processing assets in the Permian Basin and the Eagle Ford shale.

Tidewater will retain a 49% interest in the assets, while ArcLight will hold a 51% interest.

This partnership will allow Tidewater to maintain a presence in the market while also providing ArcLight with a significant stake in the assets.

The transaction is expected to be completed in the second quarter of 2023.