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
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
Mar 08, 2024 19:00 ET
WESTSHORE TERMINALS ANNOUNCES Q1 2024 DISTRIBUTION AND SPECIAL DIVIDEND
VANCOUVER, BC, March 8, 2024 /CNW/ - Westshore Terminals Investment Corporation (TSX: WTE) ("Westshore" or the "Corporation") announced today an increase in the quarterly dividend from $0.35 per share to $0.375 per share. The Q1 dividend will be paid on or before April 15, 2024, to shareholders of record on March 31, 2024. The Q1 2024 dividend will be designated an "eligible dividend" for Canadian tax purposes. The board will continue to review all factors relevant to the level of dividends, including operating performance, current and anticipated market conditions, and the suitability of ap
Valuation Ratios
Industry
Sector
Beta
0.90
--
--
Price to Sales - TTM
4.10
4.10
3.28
Price to Book - most recent quarter
2.14
2.14
2.82
Price to Cash Flow per share - TTM
10.63
10.63
11.69
Price to Free Cash Flow per share - TTM
116.13
--
28.51
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 415,363 | 1,758 |
| Mar 31, 2024 | 413,605 | -14,393 |
| Mar 15, 2024 | 427,998 | -7,189 |
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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