Altus Midstream Announces Second-Quarter 2020 Results
Altus Midstream Company (Nasdaq: ALTM) reported its second-quarter 2020 results on July 29, 2020.
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Rhea-AI Summary
Altus Midstream Company (Nasdaq: ALTM) reported its second-quarter 2020 results on July 29, 2020. The detailed financial results can be accessed via their investor website. A conference call is scheduled for July 30 at 1 p.m. Central Time to discuss these results. Altus operates as a midstream C-corporation, focusing on gas gathering, processing, and transmission of natural gas, primarily servicing production from Apache Corporation in the Delaware Basin.
Positive
- Altus owns substantial gas gathering, processing, and transmission assets in the Delaware Basin.
- The company has equity interests in four Permian-to-Gulf Coast pipelines, diversifying its operations.
Negative
- None.
Details
News Market Reaction – ALTM
The recorded move for ALTM in the trading session of this news was +12.60%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced its second-quarter 2020 results on its website at www.altusmidstream.com/investors.
There will be a conference call July 30 at 1 p.m. Central time to discuss the results. It will be webcast and archived on Altus’ website and available for playback by telephone for one week. The number for the replay is (855) 859-2056 or (404) 537-3406 for international calls. The conference access code is 5487776.
About Altus Midstream Company
Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns substantially all the gas gathering, processing and transmission assets servicing production from Apache Corporation (“Apache”) (Nasdaq: APA) in the Alpine High play in the Delaware Basin and owns equity interests in four Permian-to-Gulf Coast pipelines. Altus posts announcements, operational updates, investor information and press releases on its website, www.altusmidstream.com.
Contacts
Media: (713) 296-7276 Phil West
Investor: (281) 302-2286 Patrick Cassidy
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