- Altus Midstream is somewhat unconventional in that its primary business is investing in pipelines owned and operated by other companies.
- The company still boasts the incredibly stable cash flows that we tend to appreciate with other midstream companies.
- The upcoming merger with EagleClaw could greatly expand the company's presence in the natural gas market, which has much stronger fundamentals than oil.
- The company has a fairly conservative balance sheet and surprisingly little debt.
- The 9.16% dividend is very easily sustainable and could begin to rise in the future.
For further details see:
Altus Midstream: This Unconventional Midstream Play Has Great Long And Short-Term Potential