Altus midstream company (ALTM)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

19,301

5,983

2,594

376,920

177,438

449,900

40

48

319

0

555

1,024

0

7

Accounts receivable from Apache Corporation (Note 1)

1,066

5,195

1,135

145

28,959

0

-

-

-

-

-

-

-

-

Unbilled Receivables, Current

11,700

15,500

11,700

9,000

11,500

-

-

-

-

-

-

-

-

-

Revenue receivables (Note 4)

-

-

-

-

-

10,900

-

-

-

5,422

-

-

-

-

Inventories

4,209

4,027

15,181

6,286

5,941

5,802

-

-

-

743

-

-

-

-

Assets held for sale

-

-

18,183

-

-

-

-

-

-

-

-

-

-

-

Prepaid assets and other

1,251

1,071

1,153

1,697

2,178

1,379

120

189

56

0

130

194

-

-

Total current assets

37,536

31,737

49,972

394,046

226,042

468,030

160

238

376

6,165

686

1,218

-

7

PROPERTY, PLANT AND EQUIPMENT:
Property, plant and equipment

212,940

207,270

1,494,658

1,489,640

1,391,341

1,251,217

-

-

-

-

-

-

-

-

Gathering, processing and transmission facilities

-

-

-

-

-

-

-

-

-

705,166

-

-

-

-

Less: Accumulated depreciation and amortization

4,417

1,468

51,608

40,333

31,608

24,320

-

-

-

5,580

-

-

-

-

Total property, plant and equipment, net

208,523

205,802

1,443,050

1,449,307

1,359,733

1,226,897

-

-

-

-

-

-

-

-

Total property, plant and equipment, net

-

-

-

-

-

-

-

-

-

699,586

-

-

-

-

OTHER ASSETS:
Equity method interests

1,336,810

1,258,048

1,094,564

527,379

209,403

91,100

-

-

-

0

-

-

-

-

Deferred tax asset

-

-

68,600

68,000

67,225

67,558

-

-

-

0

-

-

-

-

Deferred charges and other

5,664

5,267

5,651

6,031

5,605

3,734

-

-

-

0

-

-

-

-

Other assets

1,342,474

1,263,315

1,168,813

601,381

282,233

162,392

-

-

-

0

-

-

-

-

Investment held in trust account

-

-

-

-

-

-

382,384

380,712

379,825

-

378,284

377,865

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

674

602

38

Total assets

1,588,533

1,500,854

2,661,835

2,444,734

1,868,008

1,857,319

382,545

380,951

380,201

705,751

378,970

379,083

602

45

LIABILITIES, NONCONTROLLING INTERESTS, AND EQUITY
CURRENT LIABILITIES:
Accounts payable to Apache Corporation (Note 1)

-

-

0

0

0

13,595

-

-

-

0

-

-

-

-

Current debt (Note 5)

0

9,767

17,600

-

-

0

-

-

-

-

-

-

-

-

Current debt (Note 6)

-

-

-

23,300

29,000

-

-

-

-

-

-

-

-

-

Other current liabilities (Note 6)

12,728

23,925

38,816

47,241

72,046

84,926

-

-

-

124,471

-

-

-

-

Accrued formation and offering costs

-

-

-

-

-

-

-

-

-

-

-

2

314

3

Accrued expenses

-

-

-

-

-

-

2,738

1,049

740

-

685

932

-

-

Accrued franchise taxes

-

-

-

-

-

-

30

20

50

-

98

43

-

-

Accrued income taxes

-

-

-

-

-

-

357

8

220

-

35

170

-

-

Sponsor note

-

-

-

-

-

-

600

100

-

-

-

-

265

20

Total current liabilities

12,728

33,692

56,378

70,551

101,046

98,521

3,726

1,177

1,010

124,471

819

1,147

579

23

Long-term Debt

468,000

396,000

235,000

-

-

0

-

-

-

-

-

-

-

-

DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES:
Asset retirement obligation

61,059

60,095

33,950

32,611

30,216

29,369

-

-

-

18,189

-

-

-

-

Deferred tax liability

-

-

3,089

2,998

2,735

2,643

-

-

-

7,041

-

-

-

-

Derivative Liability, Noncurrent

164,913

102,929

98,228

94,459

-

0

-

-

-

-

-

-

-

-

Other non-current liabilities

6,285

4,614

1,206

1,352

1,497

0

-

-

-

25,230

-

-

-

-

Noncurrent liabilities

232,257

167,638

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities, Noncurrent

-

-

136,473

131,420

34,448

32,012

-

-

-

-

-

-

-

-

Deferred underwriting compensation

-

-

-

-

-

-

13,206

13,206

13,206

-

13,206

13,206

-

-

Total liabilities

712,985

597,330

427,851

201,971

135,494

130,533

16,932

14,384

14,216

149,701

14,026

14,353

-

23

COMMITMENTS AND CONTINGENCIES (Note 7)

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Redeemable noncontrolling interest — Apache limited partner

231,200

701,000

1,251,370

1,272,652

-

1,940,500

-

-

-

-

-

-

-

-

Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount

573,861

-

538,413

520,933

-

0

-

-

-

-

-

-

-

-

Redeemable noncontrolling interest

-

-

-

-

1,500,000

-

-

-

-

0

-

-

-

-

EQUITY:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding

-

-

-

-

-

-

0

0

0

-

0

0

0

0

Additional paid-in capital

473,502

39,792

473,502

473,502

440,628

0

-

-

-

574,611

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

4,844

3,890

4,473

-

5,513

5,734

23

23

Accumulated deficit

-402,486

-392,633

-29,020

-24,156

-212,646

-213,746

154

1,108

525

-18,575

-514

-735

-2

-2

Accumulated other comprehensive loss

-539

-266

-313

-200

-

0

-

-

-

-

-

-

-

-

Total equity

70,509

-353,075

444,201

449,178

228,014

-213,714

5,000

5,000

5,000

556,050

5,000

5,000

22

22

Total liabilities, noncontrolling interests, and equity

1,588,533

1,500,854

2,661,835

2,444,734

1,868,008

1,857,319

382,545

380,951

380,201

705,751

378,970

379,083

602

45

Class A Common Stock
Common stock

7

7

7

7

7

7

-

-

-

0

-

-

-

-

Class C Common Stock
Common stock

25

25

25

25

25

25

-

-

-

14

-

-

-

-