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Tidewater Renewables: revenue beats estimates, adjusted EBITDA hits record level
Tidewater Renewables reported Q2/2026 revenue of $160.6 million, comfortably beating consensus, while EPS of $0.13 missed the $0.45 forecast. Adjusted EBITDA reached CAD 56 million (consolidated CAD 88.9 million), the company reduced debt and raised its full-year adjusted EBITDA guidance to CAD 230–250 million. HDRD throughput was 3,315 barrels/day (111% of nameplate capacity) and the stock rose 6.22% in pre-market trading. Management cited strong refinery margins, government incentives and operational efficiency as drivers, but warned of volatility in reported earnings and project-specific risks. » More on de.investing.com
Tidewater Renewables beats EPS forecast, raises full-year EBITDA guidance
Tidewater Renewables reported Q1 2026 EPS of $0.27, beating the analyst expectation by 10.84%, while revenue of $93.6 million significantly missed forecasts. The company raised its consolidated adjusted EBITDA guidance to CAD 190–210 million and Tidewater’s guidance to CAD 100–110 million. The HDRD complex ran near nameplate capacity (about 95%) and contributed to strong operating efficiency, so the stock rose 10.78% despite the revenue shortfall. Risks remain from continued revenue gaps and potential regulatory or geopolitical influences. » More on de.investing.com
Tidewater Renewables misses Q4 forecasts after operational issues
Tidewater Renewables reported Q4 2025 EPS of -0.38 CAD and revenue of 54.7 million CAD, significantly below analyst expectations. The net loss was 13.8 million CAD, with operational disruptions at the HDRD complex (operating at 48% of capacity) cited as the main cause. Adjusted EBITDA was -3.8 million CAD. Management expects a recovery in 2026 after repairs are completed and anticipates positive effects from government incentives; the stock rose slightly to 6.55 CAD. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 99.04M | 115.79% |
| Gross profit | 32.25M | 262.76% |
| Net profit | 3.15M | 61.30% |
| EBITDA | 34.29M | 143.37% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €439.92M |
Number of shares | 36.54M |
52-week high/low | €16.36 - €2.15 |
| Dividends | No |
Beta | 0.76 |
P/E ratio | 5,934.37 |
PEG ratio | -60.38 |
P/B ratio | 4.05 |
P/S ratio | 1.87 |
Company profile
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 offtakers, existing customers, government entities, first nations groups, and others in the transportation, utilities, refining, marketing, power, and other industries. Tidewater Renewables Ltd. was incorporated in 2021 and is headquartered in Calgary, Canada.
| Name | TIDEWATER RENEWABLES LTD Aktie |
| CEO | Jeremy R. Baines |
| Headquarters | Calgary,
ab Canada |
| Website | |
| IPO | 08/13/2021 |
| Employees | 79 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Toronto Stock Exchange | LCFS.TO |
Pnk | TDWRF |
Frankfurt | 7GZ.F |
DĂĽsseldorf | 7GZ.DU |