Altus Midstream Company (ALTM): Price and Financial Metrics
ALTM Price/Volume Stats
|Current price||$62.35||52-week high||$91.00|
|Prev. close||$65.71||52-week low||$49.69|
|Day high||$66.28||Avg. volume||83,646|
|50-day MA||$63.77||Dividend yield||9.62%|
|200-day MA||$66.53||Market Cap||1.01B|
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Altus Midstream Company (ALTM) Company Bio
Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas. As of December 31, 2019, its assets included approximately 178 miles of in-service natural gas gathering, 55 miles of residue gas, and 38 miles of natural gas liquids (NGL) pipelines; three cryogenic processing trains; and an NGL truck loading terminal with six lease automatic custody transfer units and eight NGL bullet tanks. The company is based in Houston, Texas. Altus Midstream Company is a subsidiary of Apache Midstream LLC.
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Latest ALTM News From Around the Web
Below are the latest news stories about Altus Midstream Co that investors may wish to consider to help them evaluate ALTM as an investment opportunity.
MIDLAND, Texas and HOUSTON, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ: KNTK) (“Kinetik”, the “Company” or “we”) today provided full year 2022 Guidance. Highlights Super-system interconnect to be completed in June 2022 allowing for 500 Mmcfpd of bi-directional capacity flow between the legacy Altus Midstream and BCP Raptor systemsUpside to original $50 million run-rate EBITDA synergy estimate, including a new gathering and processing agreement with ApacheFull redemption of t
KNTK will start trading on the NASDAQ effective tomorrow Kinetik also updates details on Independent Board Members MIDLAND, Texas and HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (“Kinetik”, the “Company” or “we”) today announced the completion of the business combination of Altus Midstream Company (Nasdaq: ALTM) (“Altus”) and BCP Raptor Holdco LP (“BCP”), creating a unique, fully integrated midstream company. Kinetik is the only pure-play midstream company in the Texas Delaw
HOUSTON, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced its fourth-quarter and full-year 2021 results. Results can be found on the company’s website at www.altusmidstream.com/investors. About Altus Midstream Company Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing production in the Delaware Basin and owns equ
No summary available.
Newly Combined Company to be renamed Kinetik at Closing with the New Ticker Symbol “KNTK”HOUSTON, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced that its shareholders voted in favor of the previously announced business combination with BCP Raptor Holdco, LP (“BCP”), the parent company of the EagleClaw Midstream business. The all-stock business combination is expected to close on or around Feb. 22, 2022 (“Closing”). New Company Name Altus also announced t
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