Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas. As of December 31, 2020, 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 terminal with six lease automatic custody transfer units and eight NGL bullet tanks. The company is based in Houston, Texas.
IPO Year: 2024
Exchange: NASDAQ
Website: altusmidstream.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | Buy → Hold | Argus | |
| 11/11/2024 | $5.85 | Sector Outperform → Sector Perform | Scotiabank |
| 9/3/2024 | $3.00 | Neutral | UBS |
| 8/22/2024 | $3.00 | Hold | Deutsche Bank |
| 6/27/2024 | $4.30 | Neutral | Goldman |
| 6/26/2024 | $4.00 | Outperform | RBC Capital Mkts |
| 5/3/2024 | $6.25 | Buy | Argus |
| 4/3/2024 | $9.00 | Outperform → Strong Buy | Raymond James |
| 3/1/2024 | Peer Perform | Wolfe Research | |
| 2/7/2024 | $4.50 | Underweight | Piper Sandler |