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Msg  306026 of 307122  at  1/13/2021 5:24:21 PM  by

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 In response to msg 306001 by  Petroeng
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Re: Another Look at Apache after the rant

The second thing I looked at the money pit which was Alpine High which a year ago was absolutely a disaster. Now with Waha starting to be on par with HH, it looks much better, and I think Apache is completing more wells.
 
 
 
If you believe high levels of activity will return to Alpine High, ALTM would be a huge beneficiary.  Its current price includes its pipeline ownership positions and a small portion of its AH assets.   Trading at $50, they announced a $1.50 quarterly dividend.  Downside should be limited by its pipeline ownership positions.
 
 
 


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