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Tidewater’s common shares are publicly traded on the Toronto Stock Exchange (“TSX”) under the symbol “TWM”. Tidewater’s objective is to build a diversified midstream and infrastructure company in the North American natural gas, natural gas liquids (“NGL”) and crude oil value chain. Its strategy is to profitably grow and create shareholder value through the acquisition and development of oil and gas infrastructure. To achieve its business objective, Tidewater is focused on providing customers with a full service, vertically integrated value chain through the acquisition and development of oil and gas infrastructure, including gas plants, fractionation, pipelines, railcars, trucks, export terminals and storage facilities. To complement its asset base, Tidewater also markets NGL and crude products and services to customers across North America.
Tidewater’s pipelines and processing plants gather and process raw natural gas before it is injected into long-distance pipeline systems for transportation to end-use markets. Tidewater’s straddle plants process, store and transport the by-products of natural gas processing, including NGLs such as ethane, propane, butane and condensate.