ALTM - Dividend announcements

HOUSTON and MIDLAND, Texas, June 08, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ:KNTK) ("Kinetik") today announced that it has successfully completed its comprehensive refinancing (the "Refinancing") consisting of a new, five-year $1.25 billion unsecured revolving credit facility (fully undrawn at close), a new, three-year $2.0 billion unsecured term loan A facility and $1.0 billion 5.875% sustainability-linked senior notes due 2030. Following the Refinancing, Kinetik now has a fully unsecured capital structure. Kinetik used the net proceeds from the Refinancing to repay and retire all existing consolidated debt facilities and will subsequently redeem its Series A Preferred in

HOUSTON and MIDLAND, Texas, May 19, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ:KNTK) ("Kinetik" or the "Company") today announced that the Board of Directors has approved and declared a two-for-one split of the Company's Common Stock in the form of a stock dividend ("Stock Split"). The Company anticipates that the Stock Split will increase liquidity in the trading of the Company's stock and will make its stock more accessible to its employees and investors. The Stock Split will be accomplished by distributing one additional share of Class A Common Stock for each share of Class A Common Stock outstanding and one additional share of Class C Common Stock for each share of Class

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (NASDAQ:ALTM) today announced that its board of directors has declared a cash dividend on the company's Class A common shares. The dividend on Class A common shares is payable Dec. 30, 2021, to stockholders of record on Nov. 30, 2021, at a rate of $1.50 per share. This constitutes the full-year $6 per share dividend for 2021. About Altus Midstream Company Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing production in the Delaware Basin and owns equity interests in four Permia

HOUSTON, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Altus Midstream Company (NASDAQ:ALTM) today announced that its board of directors has declared a cash dividend on the company's Class A common shares. The dividend on Class A common shares is payable Sept. 30, 2021, to stockholders of record on Aug. 27, 2021, at a rate of $1.50 per share. About Altus Midstream Company Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing production in the Delaware Basin and owns equity interests in four Permian-to-Gulf Coast pipelines. Altus posts announcements, operatio

HOUSTON, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Altus Midstream Company (Nasdaq: ALTM) today announced that its board of directors has declared a cash dividend on the company's Class A common shares. The dividend on Class A common shares is payable March 31, 2021, to stockholders of record on Feb. 26, 2021, at a rate of $1.50 per share, which represents the first dividend on common shares since Altus Midstream was formed in 2018. “Given our healthy balance sheet and plan to generate free cash flow in 2021 and beyond, we believe the best path to deliver shareholder value is to return cash through a dividend,” said Clay Bretches, Altus Midstream CEO and president. “We expect earnings from o