The stock of Tidewater Midstream & Infrastructure Ltd (CVE:TWM) is a huge mover today! The stock decreased 1.37% or $0.02 on September 13, hitting $1.44. About 313,167 shares traded hands. Tidewater Midstream & Infrastructure Ltd (CVE:TWM) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 7 months positive chart setup for the $409.82M company. It was reported on Sep, 13 by Barchart.com. We have $4.22 PT which if reached, will make CVE:TWM worth $790.95M more.
Tidewater Midstream and Infrastructure Ltd. is focused on the purchase, sale and transportation of natural gas liquids , such as ethane, propane, butane and natural gasoline throughout North America and export to overseas markets. The company has a market cap of $409.82 million. The Firm is engaged in the acquisition of gas and oil infrastructure, including gas plants, pipelines, NGLs by rail, export terminals and storage facilities. It has a 16.75 P/E ratio. It is focused on midstream and NGL infrastructure within the liquids-rich Western Canadian Sedimentary Basin and Edmonton area.
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