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ALTM - Altus Midstream With BCP Has Strong Return Potential
Altus Midstream Company
Altus Midstream has announced a transformative merger with BCP as companies adjust to integrate their midstream portfolio.
Going forward, we expect the combined companies to pay a substantial dividend long term.
Altus Midstream now has some private equity risk, as an individual shareholder, however, we expect that the company will also increasingly be looking towards consolidation.