StocksMedium•12 November 2026•
1 min read
Tidewater Midstream Reports Record Q3 EBITDA and Raises Full-Year 2026 Guidance
Key Facts
1Tidewater Midstream reported record consolidated adjusted EBITDA of $96.9 million for the third quarter of 2026.
2The company increased its full-year 2026 consolidated adjusted EBITDA guidance to above $300.0 million.
Tidewater Midstream reported record consolidated adjusted EBITDA of $96.9 million for the third quarter of 2026. According to the BOE Report, the performance was driven by favorable refining margins and downstream assets operating at or above their design capacity.
The company increased its full-year 2026 consolidated adjusted EBITDA guidance to above $300.0 million, up from the previously disclosed range of $230.0 million to $250.0 million. Tidewater Midstream also revised its 2026 capital program guidance downward to a range of $15.0 million to $20.0 million, while throughput at the PGR facility reached 98% of design capacity during the third quarter.