Tidewater Midstream and Infrastructure (TSX:TWM) Construction In Progress : C$34 Mil (As of Dec. 2023)

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What is Tidewater Midstream and Infrastructure Construction In Progress?

Tidewater Midstream and Infrastructure's quarterly construction in progress increased from Jun. 2023 (C$317 Mil) to Sep. 2023 (C$318 Mil) but then declined from Sep. 2023 (C$318 Mil) to Dec. 2023 (C$34 Mil).

Tidewater Midstream and Infrastructure's annual construction in progress increased from Dec. 2021 (C$77 Mil) to Dec. 2022 (C$283 Mil) but then declined from Dec. 2022 (C$283 Mil) to Dec. 2023 (C$34 Mil).

Tidewater Midstream and Infrastructure Construction In Progress Historical Data

The historical data trend for Tidewater Midstream and Infrastructure's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tidewater Midstream and Infrastructure Construction In Progress Chart

Tidewater Midstream and Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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58.04

49.77

77.10

282.80

33.60

Tidewater Midstream and Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															282.80	370.00	316.60	317.90	33.60

Tidewater Midstream and Infrastructure Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Midstream and Infrastructure Ltd (TSX:TWM) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

TWMIF:USA TL5:Germany

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines

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