Business Context and Reporting Period
This Form 8-K is a current report filed by Altus Midstream Company (not Kinetik Holdings Inc.) on September 22, 2020, regarding an event that occurred on September 16, 2020. The registrant is a Delaware corporation with its principal executive offices in Houston, Texas, and its Class A common stock trades on the Nasdaq Global Market under the symbol ALTM.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
The material change reported is the departure of a director:
- C. Doug Johnson notified the Board of Directors of his intent to resign.
- The resignation is effective as of September 30, 2020.
- Mr. Johnson stated there are no disagreements with the Company or management regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on future performance, or discussion of risks and contingencies beyond the standard disclosure regarding the director's resignation.
Investor Verification Checklist
- Verify the effective date of C. Doug Johnson's resignation (September 30, 2020).
- Confirm whether a replacement director has been nominated or elected to fill the vacancy.
- Review subsequent filings to ensure no undisclosed disagreements arose post-notification.