LCFS.TO vs. TWM.TO
LCFS.TO (Tidewater Renewables Ltd) and TWM.TO (Tidewater Midstream and Infrastructure Ltd.) are both stocks. LCFS.TO operates in Utilities - Renewable (Utilities), while TWM.TO operates in Oil & Gas Midstream (Energy). Over the past 3 years, LCFS.TO returned 22.03%/yr vs -0.81%/yr for TWM.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
LCFS.TO vs. TWM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, LCFS.TO achieves a 250.59% return, which is significantly lower than TWM.TO's 270.91% return.
LCFS.TO
- 1D
- -0.67%
- 1M
- 21.93%
- 6M
- 227.47%
- YTD
- 250.59%
- 1Y
- 435.97%
- 3Y*
- 22.03%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 0.55%
TWM.TO
- 1D
- 0.26%
- 1M
- 17.53%
- 6M
- 248.39%
- YTD
- 270.91%
- 1Y
- 315.11%
- 3Y*
- -0.81%
- 5Y*
- -5.50%
- 10Y*
- -2.63%
- ALL TIME*
- -6.25%
LCFS.TO vs. TWM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LCFS.TO Tidewater Renewables Ltd | 250.59% | 424.69% | -89.96% | -29.89% | -21.81% | 1.52% |
TWM.TO Tidewater Midstream and Infrastructure Ltd. | 270.91% | 75.33% | -85.85% | 5.12% | -22.17% | -2.18% |
Correlation
The correlation between LCFS.TO and TWM.TO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2021 | 0.21 |
The correlation between LCFS.TO and TWM.TO shifts across timeframes, from 0.21 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LCFS.TO:
CA$544.21M
TWM.TO:
CA$426.22M
LCFS.TO:
CA$0.22
TWM.TO:
-CA$4.97
LCFS.TO:
1.93
TWM.TO:
0.30
LCFS.TO:
3.36
TWM.TO:
2.71
LCFS.TO:
CA$283.91M
TWM.TO:
CA$1.39B
LCFS.TO:
CA$40.86M
TWM.TO:
CA$29.60M
LCFS.TO:
CA$57.13M
TWM.TO:
CA$74.00M
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Return for Risk
LCFS.TO vs. TWM.TO — Risk / Return Rank
LCFS.TO
TWM.TO
LCFS.TO vs. TWM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tidewater Renewables Ltd (LCFS.TO) and Tidewater Midstream and Infrastructure Ltd. (TWM.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LCFS.TO | TWM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.74 | 1.67 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 19.94 | 10.96 | +8.99 |
| Martin ratioReturn relative to average drawdown | 41.68 | 31.04 | +10.65 |
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Drawdowns
LCFS.TO vs. TWM.TO - Drawdown Comparison
The maximum LCFS.TO drawdown since its inception was -96.01%, roughly equal to the maximum TWM.TO drawdown of -94.42%. Use the drawdown chart below to compare losses from any high point for LCFS.TO and TWM.TO.
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Drawdown Indicators
| LCFS.TO | TWM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.01% | -94.42% | -1.59% |
Max Drawdown (1Y)Largest decline over 1 year | -22.04% | -28.97% | +6.93% |
Max Drawdown (3Y)Largest decline over 3 years | -93.36% | -89.54% | -3.82% |
Max Drawdown (5Y)Largest decline over 5 years | — | -93.17% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.19% | — |
Current DrawdownCurrent decline from peak | -2.61% | -52.64% | +50.03% |
Average DrawdownAverage peak-to-trough decline | -47.75% | -49.64% | +1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.54% | 10.21% | +0.33% |
Volatility
LCFS.TO vs. TWM.TO - Volatility Comparison
Tidewater Renewables Ltd (LCFS.TO) has a higher volatility of 10.76% compared to Tidewater Midstream and Infrastructure Ltd. (TWM.TO) at 9.45%. This indicates that LCFS.TO's price experiences larger fluctuations and is considered to be riskier than TWM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCFS.TO | TWM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 9.45% | +1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 41.68% | 35.01% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.27% | 52.21% | +5.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 99.76% | 67.14% | +32.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.76% | 58.99% | +40.77% |
Dividends
LCFS.TO vs. TWM.TO - Dividend Comparison
Neither LCFS.TO nor TWM.TO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCFS.TO Tidewater Renewables Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TWM.TO Tidewater Midstream and Infrastructure Ltd. | 0.00% | 0.00% | 0.00% | 0.14% | 0.20% | 0.15% | 0.24% | 0.17% | 0.15% | 0.13% | 0.13% | 0.07% |
Financials
LCFS.TO vs. TWM.TO - Financials Comparison
This section allows you to compare key financial metrics between Tidewater Renewables Ltd and Tidewater Midstream and Infrastructure Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LCFS.TO vs. TWM.TO - Profitability Comparison
LCFS.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Tidewater Renewables Ltd reported a gross profit of 22.70M and revenue of 93.60M. Therefore, the gross margin over that period was 24.3%.
TWM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Tidewater Midstream and Infrastructure Ltd. reported a gross profit of 41.20M and revenue of 385.60M. Therefore, the gross margin over that period was 10.7%.
LCFS.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Tidewater Renewables Ltd reported an operating income of 20.30M and revenue of 93.60M, resulting in an operating margin of 21.7%.
TWM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Tidewater Midstream and Infrastructure Ltd. reported an operating income of 30.90M and revenue of 385.60M, resulting in an operating margin of 8.0%.
LCFS.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Tidewater Renewables Ltd reported a net income of 10.00M and revenue of 93.60M, resulting in a net margin of 10.7%.
TWM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Tidewater Midstream and Infrastructure Ltd. reported a net income of -27.10M and revenue of 385.60M, resulting in a net margin of -7.0%.
Frequently Asked Questions
LCFS.TO and TWM.TO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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