Tidewater Midstream and Infrastructure (TWM) AGM 2025 summary
Event summary combining transcript, slides, and related documents.
AGM 2025 summary
20 Apr, 2026Opening remarks and agenda
Chair welcomed shareholders, proxy holders, and guests, introduced board members and executive team, and outlined the meeting agenda and virtual procedures.
Formal business included voting on key motions, followed by a question period led by the CEO.
Board and executive committee updates
Board members and principal executives were introduced, including CEO, Interim CFO, and several Executive Vice Presidents.
Six directors were elected: Thomas Dea, Jeremy Baines, Margaret A. (Greta) Raymond, Michael J. Salamon, Neil McCarron, and David Smith.
Corporate governance
Voting was conducted electronically, with only registered shareholders and proxy holders eligible to vote.
Advance Notice Bylaw procedures were followed for director nominations, with no additional nominations received.
Quorum was confirmed, and all meeting materials were distributed in compliance with securities requirements.
Latest events from Tidewater Midstream and Infrastructure
- Deleveraging, the LCFS deal and a proposed SAF facility shape the growth plan.TWM
Corporate presentation - Record EBITDA and lower debt lifted guidance as transaction and regulatory decisions remain pending.TWM
Q3 2026 - 0.88-share all-stock combination targets greater scale, liquidity and financing flexibility.TWM
M&A announcement - Record Q2 EBITDA, lower debt and higher FY26 guidance reflect strong margins and utilization.TWM
Q2 2026 - FY26 EBITDA guidance raised to $190–210M, with growth driven by renewables and SAF expansion.TWM
Corporate presentation - Adjusted EBITDA rose to $49.7M and 2026 guidance increased amid strong market and regulatory support.TWM
Q1 2026 - 2026 EBITDA guidance up 375%–440% as operational recovery, incentives, and asset sales drive leverage reduction.TWM
Q4 2025 - Asset deal and credit purchase address liquidity; 2024 EBITDA guidance cut to $130–150m.TWM
Q2 2024 - Improved financials and lower debt amid market headwinds; regulatory changes may boost margins.TWM
Q4 2024