With 1Q16 results coming in as expected, we believe attention will turn to Tidewater's potential capital investment program. As described, Tidewater expects to invest capital at anywhere from 2.8x-6.3x EBITDA. The lower number reflects the potential capital returns associated with reactivating existing assets, while the higher number is a good run rate number for new build investment.
26 May 2016
REPORTS 1Q16 RESULTS
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
REPORTS 1Q16 RESULTS
Tidewater Midstream & Infrastructure Ltd. (TWM:TSE) | 0 0 5.3% | Mkt Cap: 457.2m
- Published:
26 May 2016 -
Author:
Steven I. Paget -
Pages:
3
With 1Q16 results coming in as expected, we believe attention will turn to Tidewater's potential capital investment program. As described, Tidewater expects to invest capital at anywhere from 2.8x-6.3x EBITDA. The lower number reflects the potential capital returns associated with reactivating existing assets, while the higher number is a good run rate number for new build investment.