Press Releases

29 Jul '20
Altus Midstream Announces Second-Quarter 2020 Results Continued focus on improving gathering and processing margin, delivering 10% and 23% reductions in operating costs from 1Q 2020 and 4Q 2019, respectively; Free cash flow expected in 2021 following startup of Permian Highway natural gas pipeline;
29 Jun '20
HOUSTON , June 29, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced that effective at 5:30 p.m. Eastern time on June 30, 2020 , the company will affect a 1-for-20 reverse stock split of its outstanding common stock.
06 May '20
Strong liquidity position through 2023 to execute capital investment program;  Three of four long-haul joint venture pipeline projects in service, with the Permian Highway Pipeline on schedule for early 2021; and Continued strong operational performance with 15% reduction in operating costs.
26 Feb '20
HOUSTON, Feb. 26, 2020 – Altus Midstream Company (Nasdaq: ALTM) today announced its estimated results for fourth-quarter and full-year 2019.  For the full year, Altus reported an estimated net loss including noncontrolling interests of $1.34 billion. This included $1.37 billion for impairments of
11 Feb '20
HOUSTON , Feb. 11, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (“Altus”) (Nasdaq: ALTM) today announced that Altus Midstream LP (“Altus Midstream”) has exited the initial period under its credit facility and, as a result, expanded the revolver’s capacity to $800 million from the previous level