Tidewater Renewables (LCFS) Stock Price, News & Analysis

Company Overview

Tidewater Renewables Ltd. engages in production of renewable fuel in North America. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The company intends to supply low carbon fuels to investment grade counterparties, existing customers, government entities, Indigenous groups, and others in the transportation, utilities, refining, marketing, and power industries. Tidewater Renewables Ltd. was incorporated in 2021 and is headquartered in Calgary, Canada. Tidewater Renewables Ltd. operates as a subsidiary of Tidewater Midstream and Infrastructure Ltd.

Key Stats

• Today's Range: C$0.79 to C$0.80
• 50-Day Range: C$0.77 to C$2.01
• 52-Week Range: C$0.65 to C$9.20
• Volume: 4,245 shs
• Average Volume: 13,996 shs
• Market Capitalization: C$27.56 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$6.68
• Consensus Rating: Hold

Tidewater Renewables Stock Analysis - MarketRank™

Tidewater Renewables scored higher than 36% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Tidewater Renewables has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Tidewater Renewables has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tidewater Renewables is -2.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tidewater Renewables is -2.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Tidewater Renewables has a P/B Ratio of 0.05. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LCFS.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Tidewater Renewables does not currently pay a dividend.

Dividend Growth

Tidewater Renewables does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LCFS.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.49

News Sentiment

Tidewater Renewables has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tidewater Renewables this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for LCFS on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tidewater Renewables insiders have not sold or bought any company stock.

Percentage Held by Insiders

65.88% of the stock of Tidewater Renewables is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.58% of the stock of Tidewater Renewables is held by institutions.

LCFS Stock Analysis - Frequently Asked Questions

How have LCFS shares performed this year?

Tidewater Renewables' stock was trading at C$8.07 at the beginning of 2024. Since then, LCFS stock has decreased by 90.2% and is now trading at C$0.79.
View the best growth stocks for 2024 here.

How do I buy shares of Tidewater Renewables?

Shares of LCFS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Tidewater Renewables own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tidewater Renewables investors own include AutoZone (AZO), Danaher (DHR), Intel (INTC), Meta Platforms (META), TJX Companies (TJX), Vertex Energy (VTNR) and Abacus Health Products (ABAHF).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Renewable
• Sub-Industry: N/A
• Current Symbol: TSE:LCFS
• CUSIP: N/A
• CIK: N/A
• Web: www.tidewatermidstream.com
• Phone: 587 475 0210
• Fax: N/A
• Employees: 37
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$6.68
• High Stock Price Target: C$12.00
• Low Stock Price Target: C$3.00
• Potential Upside/Downside: +745.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.29)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.27
• P/E Growth: N/A
• Net Income: C$-9,540,000.00
• Net Margins: -2.95%
• Pretax Margin: N/A
• Return on Equity: -1.80%
• Return on Assets: 0.46%

Debt

• Debt-to-Equity Ratio: 60.43
• Current Ratio: 0.30
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: C$323.10 million
• Price / Sales: 0.09
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 310.25
• Book Value: C$14.90 per share
• Price / Book: 0.05

Miscellaneous

• Outstanding Shares: 34,880,000
• Free Float: N/A
• Market Cap: C$27.56 million
• Optionable: Not Optionable
• Beta: 1.36