Tidewater reported an adjusted EBITDA of $7.1 mm, aligned with FirstEnergy’s estimate of $7.1 mm and slightly below consensus of $7.2 mm. During the quarter, Tidewater was involved in the acquisition of interests in three additional gas processing plants for $12 mm and a 100% WI in the 33 mmcf/d Seal Gas Plant for ~$17 mm. Subsequent to the end of 4Q15, Tidewater announced the acquisition of a 100% WI in three deep cut gas processing facilities with a combined 142 mmcf per day of capacity, and ....
