HOUSTON, July 01, 2019 (GLOBE NEWSWIRE) -- Altus Midstream Company (“Altus”) (NASDAQ: ALTM) today announced the company has been added as a member of the Russell 3000® index, effective July 1, 2019. Based on Altus’ current market cap, the company will be included in the Russell 2000 and Russell 2500 indices. Altus was also automatically added to the appropriate Russell growth indices.
All of the Russell indices are widely used benchmarks for active investment strategies. The indices are reconstituted annually to reflect changes in the marketplace. For more information on the Russell 3000® Index and the Russell US indices reconstitution, visit the “Russell Reconstitution” section on the FTSE Russell website.
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 of the gas gathering, processing and transportation assets servicing production from Apache Corporation (NYSE, NASDAQ: APA) in the Alpine High play in the Delaware Basin and owns, or has the option to own, joint venture equity interests in five Permian Basin pipelines, four of which go to various points along the Texas Gulf Coast. Altus posts announcements, operational updates, investor information and press releases on its website, www.altusmidstream.com.
Investors: (713) 296-6100 Patrick Cassidy
Media: (713) 296-7276 Phil West
Source: Altus Midstream Company