TL

Tidewater Renewables Ltd

LCFS.TO
TSXEnergy
$10.79
USD
+0.22(+2.08%)
At close: Apr 30, 20:29 UTC
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Open

$10.57

Prev. Close

$10.63

High

$10.57

Low

$10.57

Market Snapshot

Market Cap

$109.91M

P/E Ratio

102.0

EPS

0.09

Revenue

$248M

Employees

79

Why LCFS.TO moved

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About

Tidewater Renewables Ltd. operates as an energy transition and renewable fuel producers. The company is headquartered in Calgary, Alberta and currently employs 83 full-time employees. The company went IPO on 2021-08-13. The firm is focused on the production of low carbon fuels, including renewable diesel. The firm is focused on turning a variety of renewable feedstocks, such as tallow, used cooking oil, distillers corn oil, soybean oil, canola oil and other biomasses into low carbon fuels. Its assets are located in Alberta and British Columbia. Its renewable fuel assets are co-located at the Prince George Refinery (the PGR). Its assets at the PGR include the Renewable Diesel & Renewable Hydrogen (HDRD Complex), canola co-processing infrastructure, the fluid catalytic cracking (FCC) co-processing infrastructure and working interests in various other refinery units. Through the production of renewable fuels, it generates operating emission credits, including the British Columbia Low Carbon Fuel credits (BC LCFS) and the Canadian Clean Fuel regulations (CFR) credits, which are sold to various counterparties.

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