The indirect ownership of Apache Corporation ("Apache") has been reduced to approximately 20% and the existing Altus public shareholders will own approximately 5% of the combined Company. Altus Midstream The market capitalization of Altus Midstream is $110.08 Million. Altus Midstream: A Unique Midstream Ownership Opportunity Head-To-Head Analysis: NGL Energy Partners (NYSE:NGL ... Altus Midstream 9/4/20. ALTUS MIDSTREAM AND BCP RAPTOR ANNOUNCE BUSINESS COMBINATION — PAGE 2 of 9 . By The Value Portfolio, SeekingAlpha. Get the latest updated list of insiders for Altus Midstream Company (ALTM). It focuses on the Permian Basin of West Texas. Tweet. Following the merger between Altus Midstream and BCP Raptor Holdco, the newly formed company Kinetic Holdings started trading on Nasdaq Global. In accordance with the contribution agreement, BCP unitholders, principally funds associated with Blackstone and I Squared Capital, and management, received 50 million Class C common shares (appended to an equivalent number of common units in Altus Midstream LP), resulting in combined ownership of approximately 75% of the pro forma Company. … The company insiders' interest are more aligned with external shareholders in this case. What is a Hammer Chart Pattern? It focuses on the Permian Basin of West Texas. Altus Midstream Company ALTM has been struggling lately, but the selling pressure may be coming to an end soon.That is because ALTM recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX. Altus Midstream (PK) (ALTMW) stock price, charts, trades & the US's most popular discussion forums. The ownership by Apache Midstream LLC, a subsidiary of Apache Corporation, will be reduced to approximately 20%, and the existing Altus public shareholders will own approximately 5% of the combined company. About Altus Midstream Co. Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas. It focuses on the Permian Basin of West Texas. Free forex prices, toplists, indices and lots more. In accordance with the contribution agreement, BCP unitholders, principally funds associated with Blackstone and I Squared Capital, and management, received 50 million Class C common shares (appended to an equivalent number of common units in Altus Midstream LP), resulting in combined ownership of approximately 75% of the pro forma Company. The ownership by Apache Midstream LLC, a subsidiary of Apache Corporation, will be reduced to approximately 20%, and the existing Altus public shareholders will own approximately 5% of the combined company. Altus’ Class A common stock will continue to trade on the Nasdaq Global Market under the current ticker symbol of “ALTM” until Closing. Clay Bretches, Altus Midstream President and CEO added: “The Altus midstream assets and pipeline ownership interests complement EagleClaw’s well-established, diversified customer base. View detailed ALTMW description & address. Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas. The company has strong JV positions in major pipelines. In accordance with the contribution agreement, BCP unitholders, principally funds associated with Blackstone and I Squared Capital, and management, received 50 million Class C common shares (appended to an equivalent number of common units in Altus Midstream LP), resulting in combined ownership of approximately 75% of the pro forma Company. It focuses on the Permian Basin of West Texas. Shareholder Vote Results. Altus Midstream (NASDAQ:ALTM) has been devastated as a midstream company these past years. We control Altus Midstream LP through our ownership of the Altus GP. According to the transaction with BCP Raptor, Altus will issue 50 million shares to the private company in exchange for its midstream assets and pipeline ownership stakes, bringing total shares outstanding for the pro forma company to about 66.5 million, and its expected enterprise value (EV) to around US$8 billion. The Company has no independent operations or material assets outside its ownership interest in Altus Midstream. Find out the total of insider shares held, purchased and sold. The company's share price has dropped 80% due to the COVID-19 collapse, and 94% since its IPO. Altus Midstream Co Class A. ALTM. Company profile for Altus Midstream Co. Wt including key executives, insider trading, ownership, revenue and average growth rates. View institutional stock ownership, mutual fund ownership, and top individual ownership of ALTUS MIDSTREAM COMPANY (ALTM). It focuses on the Permian Basin of West Texas. The company's overall market capitalization has been decimated since inception, dropping nearly 95%. Data is currently not available. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. 11 9/4/20. Forward-looking statements . It focuses on the Permian Basin of West Texas. Summary. Following the merger between Altus Midstream and BCP Raptor Holdco, the newly formed company Kinetic Holdings started trading on Nasdaq Global. 02/03/2022 00:42:49 1-888 … Altus Midstream: A Unique Midstream Ownership Opportunity. This is the historical insider ownership of Altus Midstream Co. Through its consolidated subsidiaries, it owns natural gas gathering, processing, and transmission assets including transmission and gathering pipelines, compressor stations, mechanical refrigeration units, cryogenic units and associated gas treatment facilities in … By The Value Portfolio, SeekingAlpha. The company or its subsidiaries own substantially all of the gas gathering, processing and transportation assets servicing Apache Corporation's production in the Alpine High play in the Delaware Basin. Altus Midstream Co (NASDAQ:ALTM) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. The Largest Midstream Operator in the Delaware Basin. Thursday, February 24, 2022. Of the 68 institutional investors that purchased Altus Midstream stock in the last 24 months, the following investors and hedge funds have bought the highest volume of shares: HITE Hedge Asset Management LLC ($0.84M), Richmond Hill Investments LLC ($0.46M), Bridgeway Capital Management Inc. ($0.33M), Jane Street Group LLC ($0.27M), Blackstone Group Inc … Apache holds a majority interest in Altus Midstream Company, which, through its consolidated subsidiaries, operates gathering, processing and transmission assets in West Texas and holds equity ownership in four Permian-to-Gulf Coast pipelines. Altus Midstream Institutional Trading History. Free forex prices, toplists, indices and lots more. Earnings Date. Ownership Submission FORM 4 Check this box if no longer... | January 12, 2022 subsidiary, Altus Midstream LP will issue corresponding common units) to BCP’s unitholders, principally funds affiliated with Blackstone and I Squared Capital, resulting in combined ownership of approximately 75% of the pro forma company. Altus also holds a 15% interest in the EPIC Crude Pipeline, which connects the Permian and Eagle Ford basins to Corpus Christi. Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. Altus Midstream ownership drivers and Altus Midstream insiders and institutional holders As of December 31, 2021, its assets included approximately 182 miles of in-service natural gas gathering, 46 miles of residue gas, and 38 miles of natural gas liquids (NGL) pipelines; three cryogenic processing trains; and an NGL truck loading … Morningstar Rating. The Altus Midstream LPA provides a redemption right to each . The ownership by Apache Midstream LLC, a subsidiary of Apache Corp., will be reduced to about 20%, and existing Altus public shareholders … ALTM stock forecast Our latest prediction for Altus Midstream Co Class A - ALTM's stock price was made on the March 10, 2020 when the stock price was at 1.06$.. 8-K. The company is now worth 40% of the total amount raised in its IPO just a few years ago, an IPO that was for several times the company's market capitalization. Altus Midstream Co is the United States-based midstream corporation. $66.23. Home - Kinetik. Clay Bretches, Altus Midstream President and CEO added: "The Altus midstream assets and pipeline ownership interests complement EagleClaw's well-established, diversified customer base. The company's overall market capitalization has been decimated since inception, dropping nearly 95%. Altus Midstream General Information Description. A schedule 13D is filed when a person or group of persons acquires beneficial ownership of more than 5% of a voting class of a company's equity … Nasdaq 100. View detailed financial information, real-time news, videos, quotes and analysis on Altus Midstream Co. Class A (NASDAQ:ALTM). … Tue, 03/22/2022 - 04:25 AM. Rating as of Feb 4, 2022. The ownership by Apache Midstream LLC, a subsidiary of Apache Corporation, will be reduced to approximately 20%, and the existing Altus public shareholders will own approximately 5% of the combined company. Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It is usually better to buy companies with large insider ownership. ALTMW Altus Midstream Company (PK) Statement of Beneficial Ownership (sc 13d) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. Apache Midstream's (NASDAQ:APA) current 79% ownership stake in Altus will be reduced to ~20%, and existing Altus public shareholders will own ~5% of the combined company. View institutional stock ownership, mutual fund ownership, and top individual ownership of ALTUS MIDSTREAM COMPANY (ALTM). Thursday, February 24, 2022. Apache will have the ability to increase its ownership to about 74% subject to performance earn-outs. Altus Midstream has an impressive portfolio of assets, however, its core Alpine High business has all but disappeared. The Altus Midstream LPA, among other things, sets forth the management and operations of Altus Midstream LP and the rights and obligations of the holders of the Common Units. Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. The company's overall market capitalization has been decimated since inception, dropping nearly 95%. Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. The indirect ownership of Apache Corporation (“Apache”) has been reduced to approximately 20% and the existing Altus public shareholders will own approximately 5% of the combined Company. 02/22/22. Apache, Blackstone and I Squared have agreed to customary lock-up provisions of their respective holdings until February 23, 2023. The company was founded on December 12, 2016 and is headquartered in Houston, TX. Altus Midstream has evolved significantly to adapt to a rapidly changing operating environment since becoming a public company in 2018. 2020-02-27 sec.gov - EX-99.1 Exhibit 99.1 NEWS RELEASE Altus Midstream Announces Estimated Full-Year and Fourth-Quarter 2019 Results HOUSTON, Feb. 26, 2020 – Altus Midstream Company (Nasdaq: ALTM) today announced its estimated results for fourth-quarter and full-year 2019. Altus Midstream (ALTM) stock price, charts, trades & the US's most popular discussion forums. Free forex prices, toplists, indices and lots more. That's net "expenses" of $1.25 billion. Altus Midstream: A Unique Midstream Ownership Opportunity. 02/03/2022 00:42:49 1-888 … 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 also holds a 15% interest in the EPIC Crude Pipeline, which connects the Permian and Eagle Ford basins to Corpus Christi. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G ... | September 7, 2021 Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. Clay Bretches, Altus Midstream President and CEO said, “The Altus midstream assets and pipeline ownership interests complement EagleClaw’s well-established, diversified customer base. With the merger of Altus Midstream into EagleClaw, we are the largest fully-integrated midstream company serving the Delaware Basin. Hart Energy Staff. Apache continues to hold existing assets in the U.S., subsidiaries in Egypt and the U.K., and its current economic interests in Altus Midstream Company (Nasdaq: ALTM) and Altus Midstream LP. APA’s common stock will begin trading at the opening of trading on March 2, 2021, under the new CUSIP number 03743Q108. About APA is now Kinetik. (1) Beneficial ownership of shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”) of Altus Midstream Company, a Delaware corporation (the “Issuer”), is being reported herein solely because the Reporting Person may be deemed to have beneficial ownership of such shares as a result of the Voting Agreement described herein. The deal helps Apache reduce its debt, diversify and potentially invest more in new drilling, specifically in the Alpine High, which has slowly seen activity ramp back up this year, analyst Jeoffrey Lambujon, of Tudor, Pickering, Holt & Co., said in a note. Recent 13D Filings for Altus Midstream Co (ALTM) Since 2020, there have been 19 Schedule 13D forms (beneficial ownership report) filed for the company Altus Midstream Co (stock symbol ALTM) by 9 beneficial owners. Altus Midstream has an impressive portfolio of assets, however, its core Alpine High business has all but disappeared. The company's debt is $528 million and its preferred equity is $720 million. The acquisition Altus Intervention complements Baker Hughes’ existing portfolio of oilfield technologies and integrated solutions by enhancing the company’s life-of-well capabilities as operators look to improve efficiencies from mature fields according to a release. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G ... | September 7, 2021
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