0000000000-19-006502.txt : 20190520 0000000000-19-006502.hdr.sgml : 20190520 20190404114732 ACCESSION NUMBER: 0000000000-19-006502 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190404 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Altus Midstream Co CENTRAL INDEX KEY: 0001692787 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 814675947 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 2000 POST OAK BOULEVARD STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77056-4400 BUSINESS PHONE: 713-296-6000 MAIL ADDRESS: STREET 1: 2000 POST OAK BOULEVARD STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77056-4400 FORMER COMPANY: FORMER CONFORMED NAME: Kayne Anderson Acquisition Corp DATE OF NAME CHANGE: 20161220 PUBLIC REFERENCE ACCESSION NUMBER: 0001673379-19-000012 LETTER 1 filename1.pdf begin 644 filename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In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2018 Signatures, page 57 1. The report must also be signed on behalf of the registrant by your controller or principal accounting officer. Any person who occupies more than one of the specified positions shall indicate each capacity in which he or she signs the report. Refer to General Instruction D of Form 10-K. Please revise future filings on Form 10-K. Financial Statements Note 5. Debt and Financing Costs, page F-19 2. We note your disclosure that Altus Midstream is subject to financial covenants under the credit agreement which require it to maintain either a debt-to-capital ratio or leverage ratio. Please tell us whether these covenants restrict the ability of Altus Midstream to transfer funds to you in the form of loans, advances or cash dividends without the consent Ben Rodgers Altus Midstream Co April 3, 2019 Page 2 of the lenders. If so, please tell us: (i) the amount of restricted net assets of unconsolidated and consolidated subsidiaries as of the most recent balance sheet date and how you computed the amount; (ii) your consideration of providing the disclosures required by Rule 4-08(e)(3)(ii) of Regulation S-X; and (iii) your consideration of providing the condensed financial information prescribed by Rule 12-04 of Regulation S- X in accordance with Rule 5-04 of Regulation S-X. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Adam Phippen, Staff Accountant, at (202) 551-3336 or Donna Di Silvio, Staff Accountant, at (202) 551-3202 with any questions. FirstName LastNameBen Rodgers Sincerely, Comapany NameAltus Midstream Co Division of Corporation Finance April 3, 2019 Page 2 Office of Consumer Products FirstName LastName