Westshore Terminals Investment Corporation (T:WTE)
Business Focus: Marine Port Services (NEC)
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for WTE within the last 6 months
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Company News
May 03, 2024 20:00 ET
WESTSHORE TERMINALS FILES 2024 FIRST QUARTER REPORT AND ANNOUNCES 2024 Q2 DIVIDEND
VANCOUVER, BC, May 3, 2024 /CNW/ - Westshore Terminals Investment Corporation (TSX: WTE) (the "Corporation") announced today that it has filed its earnings report for the first quarter ended March 31, 2024 and related management's discussion and analysis with the Canadian security regulatory authorities. Copies of the documents are available on SEDAR at www.sedarplus.ca and the Corporation's website at www.westshore.com.
Apr 10, 2024 19:00 ET
WESTSHORE TERMINALS INVESTMENT CORPORATION ANNOUNCES NORMAL COURSE ISSUER BID
VANCOUVER, BC, April 10, 2024 /CNW/ - Westshore Terminals Investment Corporation (TSX: WTE) (the "Corporation") today announced that it has received acceptance from the Toronto Stock Exchange (the "Exchange") to make a normal course issuer bid (the "Bid") to purchase for cancellation, from time to time, as it considers advisable, up to 3,310,738 of the Corporation's issued and outstanding common shares (the "Common Shares"), being 10% of the Corporation's "public float" (as defined in the TSX Company Manual) as of April 2, 2024. As of April 2, 2024, the Corporation had 62,512,175 issued and
Valuation Ratios
Industry
Sector
Beta
0.90
--
--
Price to Sales - TTM
4.07
4.07
3.65
Price to Book - most recent quarter
2.12
2.12
2.86
Price to Cash Flow per share - TTM
11.52
11.52
11.66
Price to Free Cash Flow per share - TTM
--
--
25.12
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 416,507 | 1,144 |
| Apr 15, 2024 | 415,363 | 1,758 |
| Mar 31, 2024 | 413,605 | -14,393 |
Business Summary
| Sector: Industrials | Industry: Marine Port Services |
Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 16 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.
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