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Stock impact report

TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES THIRD QUARTER 2024 RESULTS AND OPERATIONAL UPDATE [Globe and Mail, The (Toronto, Canada)]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
filed its interim consolidated financial statements and Management Discussion and Analysis ("MD&A") for the three and nine month period ended September 30, 2024 THIRD QUARTER 2024 HIGHLIGHTS Net income attributable to shareholders increased by $15.6 million to a net loss of $7.3 million in the third quarter 2024, from a net loss of $22.9 million in the same period of 2023. The improvement was largely due to higher operating income offset by higher costs on renewable feedstock contracts. Consolidated adjusted EBITDA [1]was $29.2 million for the third quarter of 2024, compared to $37.5 million in the third quarter of 2023, proforma for Pipestone and Dimsdale, which were divested in December 2023 During the third quarter of 2024, Tidewater Midstream completed a related party transaction (the "Transaction") with Tidewater Renewables Ltd. ("Tidewater Renewables"), in which Tidewater Midstream acquired various assets from Tidewater Renewables, including the canola co-processing and Show less Read more
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