Altera Infrastructure Plans to Announce First Quarter 2022 Earnings Results

Rhea-AI Summary

Altera Infrastructure L.P. (NYSE: ALIN PRA, ALIN PRB, ALIN PRE) will release its financial results for Q1 2022 on May 2, 2022, after market close. The company, based in Aberdeen, UK, specializes in global energy infrastructure services, focusing on offshore oil assets in regions including the North Sea and Brazil. With consolidated assets of approximately $3.9 billion, Altera operates 45 offshore assets, primarily under medium-term contracts. The general partner is wholly owned by Brookfield Business Partners L.P.

ABERDEEN, United Kingdom, April 29, 2022 (GLOBE NEWSWIRE) -- Altera Infrastructure L.P. (NYSE: “ALIN PRA”, “ALIN PRB” and “ALIN PRE”) plans to release its financial results for the First Quarter of 2022 after market close on Monday, May 2, 2022.

About Altera Infrastructure

Altera Infrastructure is a leading global energy infrastructure services partnership primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.

Altera Infrastructure has consolidated assets of approximately $3.9 billion, comprised of 45 offshore assets, including floating production, storage and offloading (FPSO) units, shuttle tankers (including one new build), floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels and a unit for maintenance and safety (UMS). The majority of Altera Infrastructure’s fleet is employed on medium-term, stable contracts. Affiliates of global asset manager Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) own 100 percent of Altera Infrastructure’s general partner.

Altera Infrastructure’s preferred units trade on the New York Stock Exchange under the symbols “ALIN PRA”, “ALIN PRB” and “ALIN PRE”, respectively.

For Investor Relations enquiries, please contact:

Jan Rune Steinsland, Chief Financial Officer
Tel: +47 97052533
E-mail: investor.relations@alterainfra.com
Website: www.alterainfra.com

FAQ

When will Altera Infrastructure release its Q1 2022 financial results?

Altera Infrastructure will release its Q1 2022 financial results after market close on May 2, 2022.

What are the trading symbols for Altera Infrastructure's preferred units?

Altera Infrastructure's preferred units trade under the symbols ALIN PRA, ALIN PRB, and ALIN PRE.

What is the total asset value of Altera Infrastructure?

Altera Infrastructure has consolidated assets worth approximately $3.9 billion.

Where are Altera Infrastructure's primary operations located?

Altera Infrastructure operates in offshore oil regions of the North Sea, Brazil, and the East Coast of Canada.