| Altus Midstream operates its business through Altus Midstream LP and its subsidiaries, which include Altus Midstream Operating (collectively, Altus Midstream). Altus Midstream owns gas gathering, processing and transmission assets in the Permian Basin of West Texas, anchored by midstream service contracts to service Apache Corporation's production from Alpine High resource play and surrounding areas. Additionally, Co. owns equity interests in a total of four Permian Basin pipelines that will access various points along the Texas Gulf Coast, providing it with integrated, wellhead-to-water connectivity. The ALTM YTD return is shown above.
The YTD Return on the ALTM YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ALTM YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ALTM YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.