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Altus Midstream Co (ALTM.OQ)

ALTM.OQ on NASDAQ Stock Exchange Capital Market

8.14USD
15 Feb 2019
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49,152
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Latest Key Developments (Source: Significant Developments)

Altus Midstream Exercises Option To Acquire 15 Pct Interest In Epic Crude Oil Pipeline
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Altus Midstream Co ::ALTUS MIDSTREAM EXERCISES OPTION TO ACQUIRE 15 PERCENT EQUITY INTEREST IN EPIC CRUDE OIL PIPELINE.ALTUS MIDSTREAM EXERCISES OPTION TO ACQUIRE 15 PERCENT EQUITY INTEREST IN EPIC CRUDE OIL PIPELINE.ALTUS MIDSTREAM CO - PIPELINE IS EXPECTED TO BE IN SERVICE BY JANUARY 2020..  Full Article

Apache And Altus Midstream Announce New Altus Midstream CEO
Thursday, 17 Jan 2019 

Apache Corp ::APACHE AND ALTUS MIDSTREAM ANNOUNCE NEW ALTUS MIDSTREAM CEO.APACHE CORP - APPOINTMENT OF CLAY BRETCHES AS CEO OF ALTUS MIDSTREAM, EFFECTIVE IMMEDIATELY.APACHE - BRETCHES WILL ALSO SERVE AS A MEMBER OF ALTUS BOARD OF DIRECTORS AND AS APACHE'S SENIOR VICE PRESIDENT, U.S. MIDSTREAM OPERATIONS.APACHE CORP - BRIAN FREED, CEO OF ALTUS SINCE ITS INCEPTION, WILL CONTINUE IN HIS ROLE AS APACHE'S SENIOR VICE PRESIDENT, MIDSTREAM AND MARKETING.  Full Article

Kayne Anderson Acquisition Says On Oct 1, Altus Midstream, Subsidiary Of Co, Entered Into A Commitment Letter
Friday, 5 Oct 2018 

Oct 4 (Reuters) - Kayne Anderson Acquisition Corp ::KAYNE ANDERSON ACQUISITION SAYS ON OCT 1, ALTUS MIDSTREAM, SUBSIDIARY OF CO, ENTERED INTO A COMMITMENT LETTER- SEC FILING.KAYNE ANDERSON ACQUISITION - RECEIVED COMMITMENT OF SENIOR UNSECURED REVOLVING CREDIT FACILITY OF UP TO $800 MILLION.  Full Article

Apache Corp, Kayne Anderson Acquisition Announce Agreement To Create Altus Midstream Company
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - Apache Corp ::APACHE CORPORATION AND KAYNE ANDERSON ACQUISITION CORP. ANNOUNCE AGREEMENT TO CREATE ALTUS MIDSTREAM COMPANY, A $3.5 BILLION PURE-PLAY, PERMIAN BASIN MIDSTREAM C-CORP; COMPANIES TO CO-HOST CONFERENCE CALL TO DISCUSS TRANSACTION AT 4 PM CENTRAL TIME AUG. 8.APACHE CORP - ALTUS MIDSTREAM WILL BE A PUBLICLY TRADED, PURE-PLAY, PERMIAN BASIN MIDSTREAM C-CORP.APACHE CORP - WILL OWN ABOUT 71 PERCENT OF ALTUS MIDSTREAM WITH ABILITY TO INCREASE TO ABOUT 74 PERCENT SUBJECT TO PERFORMANCE EARN OUTS.APACHE CORP - UPON EXPECTED CLOSING OF TRANSACTION KAYNE ANDERSON ACQUISITION WILL CHANGE ITS NAME TO ALTUS MIDSTREAM COMPANY.APACHE CORP - NEW COMPANY WILL HAVE NO DEBT AT CLOSING AND CASH ON-HAND WILL BE USED TO FUND ONGOING MIDSTREAM INVESTMENTS.APACHE CORP - ALTUS MIDSTREAM EXPECTS TO HAVE MORE THAN $900 MILLION OF CASH AND NO DEBT AT CLOSING AND IS PROJECTED TO BE FREE-CASH-FLOW POSITIVE BY 2021.APACHE CORP - APACHE WILL RECEIVE 251.9 MILLION SHARES AND OWN 71.1 PERCENT OF ALTUS MIDSTREAM.APACHE - KAAC ENTERED AGREEMENTS TO SELL ABOUT 57.2 MILLION SHARES OF ITS CLASS A COMMON STOCK AT $10/SHARE IN A PRIVATE PLACEMENT.APACHE CORP - ALTUS MIDSTREAM WILL BE STRUCTURED AS A C-CORP WITH NO INCENTIVE DISTRIBUTION RIGHTS.  Full Article