Tidewater Midstream and Infrastructure Ltd. (TWM) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the Tidewater 4th Quarter 2025 results call. At this time, all lines are in a listen-on-we mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star 0 for the operator. This call is being recorded on March 26, 2026. I would now like to turn the conference over to Ian Courtley. Please go ahead. Thanks, Vincent. I welcome everyone to the joint conference call for the fourth quarter of 2025 results of both Tidewater Midstream and Infrastructure Limited and Tidewater Renewables Limited. Joining me today is our CEO, Jeremy Baines, who will provide an update on operations during the quarter. I will follow with the financial results in 2026 guidance, and then we'll open the line for your questions. This morning, both Tidewater Midstream and Tidewater Renewables reported results for the fourth quarter ended December 31st, 2025. A copy of the news releases, financial statements, MD&As, and annual information forms may be accessed on CEDA Plus or on your respective company's website. Before we get started, I'd like to note that today's call is being recorded for the benefit of individual shareholders, the media, and other interested parties who may want to review the call at a later time. The recorded call will be available through CISIONS. Some of the comments made today may be forward-looking in nature and are based on Tidewater's current expectations, judgments, and projections. Forward-looking statements we express today are subject to risk and uncertainties, which can cause actual results to differ from expectations. Further, some of the information provided refers to non-GAAP measures. To know more about these for...